Shanghai Zhenhua Heavy Industries Co (SHSE:900947) Days Sales Outstanding : 75.91 (As of Mar. 2024)

View and export this data going back to 1997. Start your Free Trial

What is Shanghai Zhenhua Heavy Industries Co Days Sales Outstanding?

Shanghai Zhenhua Heavy Industries Co's average Accounts Receivable for the three months ended in Mar. 2024 was $975 Mil. Shanghai Zhenhua Heavy Industries Co's Revenue for the three months ended in Mar. 2024 was $1,173 Mil. Hence, Shanghai Zhenhua Heavy Industries Co's Days Sales Outstanding for the three months ended in Mar. 2024 was 75.91.

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

SHSE:900947' s Days Sales Outstanding Range Over the Past 10 Years
Min: 51.86 Med: 77.3 Max: 126.74
Current: 74.24

During the past 13 years, Shanghai Zhenhua Heavy Industries Co's highest Days Sales Outstanding was 126.74. The lowest was 51.86. And the median was 77.30.

SHSE:900947's Days Sales Outstanding is ranked better than
54.76% of 2960 companies
in the Industrial Products industry
Industry Median: 79.615 vs SHSE:900947: 74.24

Shanghai Zhenhua Heavy Industries Co's Days Sales Outstanding declined from Mar. 2023 (108.44) to Mar. 2024 (75.91).

Shanghai Zhenhua Heavy Industries Co Days Sales Outstanding Historical Data

The historical data trend for Shanghai Zhenhua Heavy Industries 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.

Shanghai Zhenhua Heavy Industries Co Days Sales Outstanding Chart

Shanghai Zhenhua Heavy Industries Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

Get a 7-Day Free Trial

100.32

122.10

94.76

86.15

81.09

Shanghai Zhenhua Heavy Industries 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															108.44	92.11	74.76	63.23	75.91

Competitive Comparison of Shanghai Zhenhua Heavy Industries Co's Days Sales Outstanding

For the Specialty Industrial Machinery subindustry, Shanghai Zhenhua Heavy Industries 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.

Shanghai Zhenhua Heavy Industries Co's Days Sales Outstanding Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Shanghai Zhenhua Heavy Industries Co's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where Shanghai Zhenhua Heavy Industries Co's Days Sales Outstanding falls into.

Shanghai Zhenhua Heavy Industries 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.

Shanghai Zhenhua Heavy Industries 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
=	( (1031.836	+	1017.66)	/	2 )	/	4612.373	*	365
=	1024.748					/	4612.373	*	365
=	81.09

Shanghai Zhenhua Heavy Industries 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
=	( (1017.66	+	933.259)	/	2 )	/	1172.651	*	365 / 4
=	975.4595					/	1172.651	*	365 / 4
=	75.91

Shanghai Zhenhua Heavy Industries Co (SHSE:900947) Days Sales Outstanding Explanation

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

Shanghai Zhenhua Heavy Industries Co Days Sales Outstanding Related Terms

Thank you for viewing the detailed overview of Shanghai Zhenhua Heavy Industries Co's Days Sales Outstanding provided by GuruFocus.com. Please click on the following links to see related term pages.

Shanghai Zhenhua Heavy Industries Co (SHSE:900947) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Shanghai Zhenhua Heavy Industries Co Ltd (SHSE:900947) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

600320:China

Address

No.3470, Pudong South Road, Shanghai, CHN, 200125

Website

http://www.zpmc.com

Shanghai Zhenhua Heavy Industries Co Ltd manufactures heavy equipment and offers product design and aftermarket services. It constructs large port loading systems and equipment, offshore heavy equipment, engineering machinery, ships, and other large structures. In addition, the company offers environment-friendly devices, including wind power, sea water desalination, sewage treatment, and recycling equipment. Research centers and technologies help meet customers' needs, and provide innovative solutions to enhance operational performance. Offices with regional parts are scattered across the globe to supply timely responses and support preventive maintenance. The majority of total revenue comes from Asia, but the company has diversified operations to several continents.

Shanghai Zhenhua Heavy Industries Co (SHSE:900947) Headlines

No Headlines