Ossen Innovation Co (Ossen Innovation Co) Days Sales Outstanding : 127.32 (As of Dec. 2020)

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What is Ossen Innovation Co Days Sales Outstanding?

Ossen Innovation Co's average Accounts Receivable for the six months ended in Dec. 2020 was $58.4 Mil. Ossen Innovation Co's Revenue for the six months ended in Dec. 2020 was $83.7 Mil. Hence, Ossen Innovation Co's Days Sales Outstanding for the six months ended in Dec. 2020 was 127.32.

The historical rank and industry rank for Ossen Innovation Co's Days Sales Outstanding or its related term are showing as below:

OSN' s Days Sales Outstanding Range Over the Past 10 Years
Min: 95.56 Med: 150.34 Max: 175.63
Current: 166.73

During the past 13 years, Ossen Innovation Co's highest Days Sales Outstanding was 175.63. The lowest was 95.56. And the median was 150.34.

OSN's Days Sales Outstanding is not ranked
in the Steel industry.
Industry Median: 49.98 vs OSN: 166.73

Ossen Innovation Co's Days Sales Outstanding declined from Dec. 2019 (160.16) to Dec. 2020 (127.32).

Ossen Innovation Co Days Sales Outstanding Historical Data

The historical data trend for Ossen Innovation Co'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.

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Ossen Innovation Co Days Sales Outstanding Chart

Ossen Innovation Co Annual Data

Trend

Dec11

Dec12

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Days Sales Outstanding

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125.61

122.70

150.56

175.63

164.66

Ossen Innovation Co Semi-Annual Data
	Jun11	Dec11	Jun12	Dec12	Jun13	Dec13	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20
Days Sales Outstanding	Get a 7-Day Free Trial															193.27	164.16	160.16	229.51	127.32

Competitive Comparison of Ossen Innovation Co's Days Sales Outstanding

For the Steel subindustry, Ossen Innovation Co'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.

Ossen Innovation Co's Days Sales Outstanding Distribution in the Steel Industry

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

* The bar in red indicates where Ossen Innovation Co's Days Sales Outstanding falls into.

Ossen Innovation Co 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.

Ossen Innovation Co's Days Sales Outstanding for the fiscal year that ended in Dec. 2020 is calculated as

	Days Sales Outstanding (A: Dec. 2020 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Dec. 2019 )	+	Accounts Receivable (A: Dec. 2020 ))	/	count )	/	Revenue (A: Dec. 2020 )	*	Days in Period
=	( (73.081	+	51.948)	/	2 )	/	138.578	*	365
=	62.5145					/	138.578	*	365
=	164.66

Ossen Innovation Co's Days Sales Outstanding for the quarter that ended in Dec. 2020 is calculated as:

	Days Sales Outstanding (Q: Dec. 2020 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Jun. 2020 )	+	Accounts Receivable (A: Dec. 2020 ))	/	count )	/	Revenue (A: Dec. 2020 )	*	Days in Period
=	( (64.877	+	51.948)	/	2 )	/	83.727	*	365 / 2
=	58.4125					/	83.727	*	365 / 2
=	127.32

Ossen Innovation Co (NAS:OSN) Days Sales Outstanding Explanation

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

Ossen Innovation Co Days Sales Outstanding Related Terms

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Ossen Innovation Co (Ossen Innovation Co) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » Ossen Innovation Co Ltd (NAS:OSN) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

N/A

Address

518 Shangcheng Road, Floor 17, Shanghai, CHN, 200120

Website

http://www.osseninnovation.com

Ossen Innovation Co Ltd designs, engineers, manufactures, and sells prestressed steel materials. The company's materials are used in the construction of bridges, highways and other infrastructure projects in the People's Republic of China and internationally. Its product is categorized as coated products and uncoated products. Its coated products include zinc, rare earth and plain surface prestressed concrete.It is used in the construction of new bridges and the renovation of older bridges. Uncoated products consist of wires that are twisted into a bundle and used in precast concrete plates on the riding surface of bridges. It is categorized based on size, strength, and structure.