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China Precision Steel (China Precision Steel) Days Sales Outstanding : 35.89 (As of Dec. 2014)


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What is China Precision Steel Days Sales Outstanding?

China Precision Steel's average Accounts Receivable for the three months ended in Dec. 2014 was $2.04 Mil. China Precision Steel's Revenue for the three months ended in Dec. 2014 was $5.19 Mil. Hence, China Precision Steel's Days Sales Outstanding for the three months ended in Dec. 2014 was 35.89.

The historical rank and industry rank for China Precision Steel's Days Sales Outstanding or its related term are showing as below:

CPSL's Days Sales Outstanding is not ranked *
in the Steel industry.
Industry Median: 49.885
* Ranked among companies with meaningful Days Sales Outstanding only.

China Precision Steel's Days Sales Outstanding declined from Dec. 2013 (185.56) to Dec. 2014 (35.89).


China Precision Steel Days Sales Outstanding Historical Data

The historical data trend for China Precision Steel's Days Sales Outstanding can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

China Precision Steel Days Sales Outstanding Chart

China Precision Steel Annual Data
Trend Dec04 Dec05 Jun07 Jun08 Jun09 Jun10 Jun11 Jun12 Jun13 Jun14
Days Sales Outstanding
Get a 7-Day Free Trial Premium Member Only Premium Member Only 128.68 105.09 128.22 442.65 124.33

China Precision Steel Quarterly Data
Mar10 Jun10 Sep10 Dec10 Mar11 Jun11 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14
Days Sales Outstanding Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 185.56 100.93 49.80 35.92 35.89

Competitive Comparison of China Precision Steel's Days Sales Outstanding

For the Steel subindustry, China Precision Steel's Days Sales Outstanding, along with its competitors' market caps and Days Sales Outstanding data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


China Precision Steel's Days Sales Outstanding Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, China Precision Steel's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where China Precision Steel's Days Sales Outstanding falls into.



China Precision Steel Days Sales Outstanding Calculation

Days Sales Outstanding measures the average number of days that a company takes to collect revenue after a sale has been made. It is a financial ratio that illustrates how well a company's Accounts Receivable are being managed.

Accounts Receivable can be measured by Days Sales Outstanding.

China Precision Steel's Days Sales Outstanding for the fiscal year that ended in Jun. 2014 is calculated as

Days Sales Outstanding (A: Jun. 2014 )
=Average Accounts Receivable /Revenue*Days in Period
=( (Accounts Receivable (A: Jun. 2013 ) + Accounts Receivable (A: Jun. 2014 )) / count ) / Revenue (A: Jun. 2014 )*Days in Period
=( (29.481 + 2.668) / 2 ) / 47.192*365
=16.0745 / 47.192*365
=124.33

China Precision Steel's Days Sales Outstanding for the quarter that ended in Dec. 2014 is calculated as:

Days Sales Outstanding (Q: Dec. 2014 )
=Average Accounts Receivable /Revenue*Days in Period
=( (Accounts Receivable (A: Sep. 2014 ) + Accounts Receivable (A: Dec. 2014 )) / count ) / Revenue (A: Dec. 2014 )*Days in Period
=( (1.852 + 2.228) / 2 ) / 5.187*365 / 4
=2.04 / 5.187*365 / 4
=35.89

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


China Precision Steel  (OTCPK:CPSL) Days Sales Outstanding Explanation

For retailers, when we compare Days Sales Outstanding, it is important to compare the same period in the previous years.


China Precision Steel Days Sales Outstanding Related Terms

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China Precision Steel (China Precision Steel) Business Description

Traded in Other Exchanges
N/A
Address
China Precision Steel Inc is a steel processing company. The firm through its subsidiaries manufacture and sell cold rolled precision steel products for applications including automobile components and spare parts, kitchen tools, electrical appliances, roofing and food packaging materials. The company conducts its operations mainly in China.
Executives
Michael Friess director, officer: Secretary 5353 MANHATTAN CIRCLE, STE 101, BOULDER CO 80303

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