Jiangxi Hungpai New Material Co (SHSE:605366) Days Sales Outstanding : 84.31 (As of Mar. 2024)

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What is Jiangxi Hungpai New Material Co Days Sales Outstanding?

Jiangxi Hungpai New Material Co's average Accounts Receivable for the three months ended in Mar. 2024 was ¥349 Mil. Jiangxi Hungpai New Material Co's Revenue for the three months ended in Mar. 2024 was ¥377 Mil. Hence, Jiangxi Hungpai New Material Co's Days Sales Outstanding for the three months ended in Mar. 2024 was 84.31.

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

SHSE:605366' s Days Sales Outstanding Range Over the Past 10 Years
Min: 75.61 Med: 81.44 Max: 90.97
Current: 86.39

During the past 8 years, Jiangxi Hungpai New Material Co's highest Days Sales Outstanding was 90.97. The lowest was 75.61. And the median was 81.44.

SHSE:605366's Days Sales Outstanding is ranked worse than
71.56% of 1519 companies
in the Chemicals industry
Industry Median: 63.74 vs SHSE:605366: 86.39

Jiangxi Hungpai New Material Co's Days Sales Outstanding declined from Mar. 2023 (99.19) to Mar. 2024 (84.31).

Jiangxi Hungpai New Material Co Days Sales Outstanding Historical Data

The historical data trend for Jiangxi Hungpai New Material 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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Jiangxi Hungpai New Material Co Days Sales Outstanding Chart

Jiangxi Hungpai New Material Co Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

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80.02

89.53

81.68

75.61

90.97

Jiangxi Hungpai New Material 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															99.19	89.79	82.67	86.74	84.31

Competitive Comparison of Jiangxi Hungpai New Material Co's Days Sales Outstanding

For the Chemicals subindustry, Jiangxi Hungpai New Material 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.

Jiangxi Hungpai New Material Co's Days Sales Outstanding Distribution in the Chemicals Industry

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

* The bar in red indicates where Jiangxi Hungpai New Material Co's Days Sales Outstanding falls into.

Jiangxi Hungpai New Material 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.

Jiangxi Hungpai New Material 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
=	( (347.515	+	342.842)	/	2 )	/	1385.021	*	365
=	345.1785					/	1385.021	*	365
=	90.97

Jiangxi Hungpai New Material 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
=	( (342.842	+	354.318)	/	2 )	/	377.271	*	365 / 4
=	348.58					/	377.271	*	365 / 4
=	84.31

Jiangxi Hungpai New Material Co (SHSE:605366) Days Sales Outstanding Explanation

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

Jiangxi Hungpai New Material Co Days Sales Outstanding Related Terms

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Jiangxi Hungpai New Material Co (SHSE:605366) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Jiangxi Hungpai New Material Co Ltd (SHSE:605366) » Definitions » Days Sales Outstanding

Traded in Other Exchanges

N/A

Address

Industrial 9th ??Road, Tashan Industrial Park, Jiangxi Province, Leping, CHN, 333332

Website

http://www.hungpai.net

Jiangxi Hungpai New Material Co Ltd is engaged in research and development, production and sales of new silicon-based materials such as functional silanes, nano-silicon materials and other chemical additives. The company's products include Silane Coupling Agent, Anti-Reversion Agent, Antioxidant Agent, Manufacturing Additive Agent, Prevent Blooming Agent, Raw Chemical Material, Silicone Products Series, Fumed Silica, Anti-Adherent Agent, and Silane coupling agent series.

Executives

Lin Qing Song	Director
Ji Jin Shu	Director
Zhang Jie	senior management
Song Jian Kun	Supervisors
Hu Cheng Fa	senior management
Lang Feng Ping	Directors, senior managers
Li Ming Zai	senior management
Chen Jie	senior management
Wu Hua	Director

Jiangxi Hungpai New Material Co (SHSE:605366) Headlines

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