China Steel (China Steel) Days Sales Outstanding : 11.34 (As of Dec. 2023)

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What is China Steel Days Sales Outstanding?

China Steel's average Accounts Receivable for the three months ended in Dec. 2023 was $352 Mil. China Steel's Revenue for the three months ended in Dec. 2023 was $2,828 Mil. Hence, China Steel's Days Sales Outstanding for the three months ended in Dec. 2023 was 11.34.

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

CISXF' s Days Sales Outstanding Range Over the Past 10 Years
Min: 10.76 Med: 13.54 Max: 14.46
Current: 11.07

During the past 13 years, China Steel's highest Days Sales Outstanding was 14.46. The lowest was 10.76. And the median was 13.54.

CISXF's Days Sales Outstanding is ranked better than
89% of 600 companies
in the Steel industry
Industry Median: 49.98 vs CISXF: 11.07

China Steel's Days Sales Outstanding declined from Dec. 2022 (11.87) to Dec. 2023 (11.34).

China Steel Days Sales Outstanding Historical Data

The historical data trend for China 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.

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China Steel Days Sales Outstanding Chart

China Steel Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

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13.55

12.94

10.69

11.79

11.27

China Steel Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Days Sales Outstanding	Get a 7-Day Free Trial															11.87	11.33	10.30	11.37	11.34

Competitive Comparison of China Steel's Days Sales Outstanding

For the Steel subindustry, China 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 Steel's Days Sales Outstanding Distribution in the Steel Industry

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

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

China 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 Steel's Days Sales Outstanding for the fiscal year that ended in Dec. 2023 is calculated as

	Days Sales Outstanding (A: Dec. 2023 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Dec. 2022 )	+	Accounts Receivable (A: Dec. 2023 ))	/	count )	/	Revenue (A: Dec. 2023 )	*	Days in Period
=	( (372.888	+	345.097)	/	2 )	/	11625.89	*	365
=	358.9925					/	11625.89	*	365
=	11.27

China Steel's Days Sales Outstanding for the quarter that ended in Dec. 2023 is calculated as:

	Days Sales Outstanding (Q: Dec. 2023 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Sep. 2023 )	+	Accounts Receivable (A: Dec. 2023 ))	/	count )	/	Revenue (A: Dec. 2023 )	*	Days in Period
=	( (357.958	+	345.097)	/	2 )	/	2828.48	*	365 / 4
=	351.5275					/	2828.48	*	365 / 4
=	11.34

China Steel (OTCPK:CISXF) 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 Steel Days Sales Outstanding Related Terms

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China Steel (China Steel) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » China Steel Corp (OTCPK:CISXF) » Definitions » Days Sales Outstanding

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Traded in Other Exchanges

2002A:Taiwan 2002:Taiwan CNSD:UK CNS:Germany

Address

No. 1, Chung Kang Road, Siaogang District, Kaohsiung, TWN, 81233

Website

https://www.csc.com.tw

China Steel Corp is a steelmaker in Taiwan. The company produces a range of products including plates, bars, wire rods, hot and cold rolled coils, electro-galvanized coils, electrical steel coils, hot-dip galvanized coils, and Ti/Ni-base alloy.

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