Atlantic China Welding Consumables (SHSE:600558) Days Sales Outstanding : 24.01 (As of Mar. 2024)

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What is Atlantic China Welding Consumables Days Sales Outstanding?

Atlantic China Welding Consumables's average Accounts Receivable for the three months ended in Mar. 2024 was ¥259 Mil. Atlantic China Welding Consumables's Revenue for the three months ended in Mar. 2024 was ¥985 Mil. Hence, Atlantic China Welding Consumables's Days Sales Outstanding for the three months ended in Mar. 2024 was 24.01.

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

SHSE:600558' s Days Sales Outstanding Range Over the Past 10 Years
Min: 15.27 Med: 19 Max: 33.18
Current: 33.18

During the past 13 years, Atlantic China Welding Consumables's highest Days Sales Outstanding was 33.18. The lowest was 15.27. And the median was 19.00.

SHSE:600558's Days Sales Outstanding is ranked better than
93.27% of 2958 companies
in the Industrial Products industry
Industry Median: 79.61 vs SHSE:600558: 33.18

Atlantic China Welding Consumables's Days Sales Outstanding declined from Mar. 2023 (27.54) to Mar. 2024 (24.01).

Atlantic China Welding Consumables Days Sales Outstanding Historical Data

The historical data trend for Atlantic China Welding Consumables'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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Atlantic China Welding Consumables Days Sales Outstanding Chart

Atlantic China Welding Consumables Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

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16.48

15.31

15.27

19.22

18.24

Atlantic China Welding Consumables Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Days Sales Outstanding	Get a 7-Day Free Trial															27.54	36.15	38.29	31.23	24.01

Competitive Comparison of Atlantic China Welding Consumables's Days Sales Outstanding

For the Specialty Industrial Machinery subindustry, Atlantic China Welding Consumables'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.

Atlantic China Welding Consumables's Days Sales Outstanding Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Atlantic China Welding Consumables's Days Sales Outstanding distribution charts can be found below:

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

Atlantic China Welding Consumables 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.

Atlantic China Welding Consumables'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
=	( (186.905	+	156.693)	/	2 )	/	3438.366	*	365
=	171.799					/	3438.366	*	365
=	18.24

Atlantic China Welding Consumables's Days Sales Outstanding for the quarter that ended in Mar. 2024 is calculated as:

	Days Sales Outstanding (Q: Mar. 2024 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Dec. 2023 )	+	Accounts Receivable (A: Mar. 2024 ))	/	count )	/	Revenue (A: Mar. 2024 )	*	Days in Period
=	( (156.693	+	361.548)	/	2 )	/	984.605	*	365 / 4
=	259.1205					/	984.605	*	365 / 4
=	24.01

Atlantic China Welding Consumables (SHSE:600558) Days Sales Outstanding Explanation

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

Atlantic China Welding Consumables Days Sales Outstanding Related Terms

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Atlantic China Welding Consumables (SHSE:600558) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Atlantic China Welding Consumables Inc (SHSE:600558) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

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Address

No. 2 Machongkou Street, Da'an District, Zigong, Sichuan, CHN, 643010

Website

http://www.weldatlantic.com

Atlantic China Welding Consumables Inc is a welding consumable manufactory in China. Its products include mild steel electrodes, cellulose electrodes, high toughness electrodes, low alloy steel electrodes, hard facing electrodes, stainless steel electrodes, low-temperature steel electrodes, Mo and Cr-Mo heat resistant steel electrodes, and cast-iron electrodes. The company's products are widely used in power station boilers, pressure vessels, nuclear and space industries, bridges, ships, vehicles, petroleum and chemical industry, hydropower and thermal power stations.

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