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Shanxi Antai Group Co (SHSE:600408) Days Sales Outstanding : 0.73 (As of Dec. 2023)


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What is Shanxi Antai Group Co Days Sales Outstanding?

Shanxi Antai Group Co's average Accounts Receivable for the three months ended in Dec. 2023 was ¥18 Mil. Shanxi Antai Group Co's Revenue for the three months ended in Dec. 2023 was ¥2,227 Mil. Hence, Shanxi Antai Group Co's Days Sales Outstanding for the three months ended in Dec. 2023 was 0.73.

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

SHSE:600408' s Days Sales Outstanding Range Over the Past 10 Years
Min: 0.6   Med: 44.48   Max: 296.81
Current: 0.93

During the past 13 years, Shanxi Antai Group Co's highest Days Sales Outstanding was 296.81. The lowest was 0.60. And the median was 44.48.

SHSE:600408's Days Sales Outstanding is ranked better than
98.5% of 600 companies
in the Steel industry
Industry Median: 49.98 vs SHSE:600408: 0.93

Shanxi Antai Group Co's Days Sales Outstanding declined from Dec. 2022 (0.93) to Dec. 2023 (0.73).


Shanxi Antai Group Co Days Sales Outstanding Historical Data

The historical data trend for Shanxi Antai Group 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.

* Premium members only.

Shanxi Antai Group Co Days Sales Outstanding Chart

Shanxi Antai Group Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Sales Outstanding
Get a 7-Day Free Trial Premium Member Only Premium Member Only 41.61 40.94 11.53 0.79 0.60

Shanxi Antai Group Co 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 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 0.93 1.03 1.21 1.03 0.73

Competitive Comparison of Shanxi Antai Group Co's Days Sales Outstanding

For the Coking Coal subindustry, Shanxi Antai Group 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.


Shanxi Antai Group Co's Days Sales Outstanding Distribution in the Steel Industry

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

* The bar in red indicates where Shanxi Antai Group Co's Days Sales Outstanding falls into.



Shanxi Antai Group 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.

Shanxi Antai Group Co'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
=( (22.557 + 10.1) / 2 ) / 10006.4*365
=16.3285 / 10006.4*365
=0.60

Shanxi Antai Group Co'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
=( (25.695 + 10.1) / 2 ) / 2227.051*365 / 4
=17.8975 / 2227.051*365 / 4
=0.73

* 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.


Shanxi Antai Group Co  (SHSE:600408) Days Sales Outstanding Explanation

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


Shanxi Antai Group Co Days Sales Outstanding Related Terms

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Shanxi Antai Group Co (SHSE:600408) Business Description

Traded in Other Exchanges
N/A
Address
Yi An Town An Tai Industrial Zone, Jinzhong, Shanxi, CHN, 032002
Shanxi Antai Group Co Ltd is engaged in producing coke and its by-products, steel, coal tar, crude benzene, and ammonium sulfate.

Shanxi Antai Group Co (SHSE:600408) Headlines

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