Suli Co (SHSE:603585) Days Sales Outstanding : 56.38 (As of Mar. 2024)

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What is Suli Co Days Sales Outstanding?

Suli Co's average Accounts Receivable for the three months ended in Mar. 2024 was ¥300 Mil. Suli Co's Revenue for the three months ended in Mar. 2024 was ¥485 Mil. Hence, Suli Co's Days Sales Outstanding for the three months ended in Mar. 2024 was 56.38.

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

SHSE:603585' s Days Sales Outstanding Range Over the Past 10 Years
Min: 36.53 Med: 56.3 Max: 63.1
Current: 53.33

During the past 13 years, Suli Co's highest Days Sales Outstanding was 63.10. The lowest was 36.53. And the median was 56.30.

SHSE:603585's Days Sales Outstanding is ranked better than
63.36% of 1523 companies
in the Chemicals industry
Industry Median: 63.99 vs SHSE:603585: 53.33

Suli Co's Days Sales Outstanding increased from Mar. 2023 (51.76) to Mar. 2024 (56.38).

Suli Co Days Sales Outstanding Historical Data

The historical data trend for Suli 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.

Suli Co Days Sales Outstanding Chart

Suli Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

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55.39

63.10

42.35

36.53

56.64

Suli Co 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															51.76	49.21	50.52	50.69	56.38

Competitive Comparison of Suli Co's Days Sales Outstanding

For the Chemicals subindustry, Suli 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.

Suli Co's Days Sales Outstanding Distribution in the Chemicals Industry

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

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

Suli 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.

Suli 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
=	( (350.461	+	257.266)	/	2 )	/	1958.208	*	365
=	303.8635					/	1958.208	*	365
=	56.64

Suli Co'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
=	( (257.266	+	342.7)	/	2 )	/	485.475	*	365 / 4
=	299.983					/	485.475	*	365 / 4
=	56.38

Suli Co (SHSE:603585) Days Sales Outstanding Explanation

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

Suli Co Days Sales Outstanding Related Terms

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Suli Co (SHSE:603585) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Suli Co Ltd (SHSE:603585) » Definitions » Days Sales Outstanding

Traded in Other Exchanges

N/A

Address

No.7-1, Runhua Road, Jiangsu Province, Lingang Town, Jiangyin, CHN, 214444

Website

http://www.suli.com

Suli Co Ltd is mainly engaged in research, production and sales of agrochemicals, flame retardants and other fine chemicals. Its main products are agrochemicals like chlorothalonil and azoxystrobin technical with all kinds of formulations, fine chemicals like decabromodiphenyl ethane, hydrogen bromide acid. The company's products are widely used in agricultural production, plastics, building materials and other areas.

Executives

Mou Jin Feng	Director
Wang Jing Li	Director

Suli Co (SHSE:603585) Headlines

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