Zhejiang Wanfeng Auto Wheel Co (SZSE:002085) Days Sales Outstanding : 79.88 (As of Mar. 2024)

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What is Zhejiang Wanfeng Auto Wheel Co Days Sales Outstanding?

Zhejiang Wanfeng Auto Wheel Co's average Accounts Receivable for the three months ended in Mar. 2024 was ¥3,099 Mil. Zhejiang Wanfeng Auto Wheel Co's Revenue for the three months ended in Mar. 2024 was ¥3,540 Mil. Hence, Zhejiang Wanfeng Auto Wheel Co's Days Sales Outstanding for the three months ended in Mar. 2024 was 79.88.

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

SZSE:002085' s Days Sales Outstanding Range Over the Past 10 Years
Min: 50.53 Med: 70.84 Max: 83.08
Current: 71.42

During the past 13 years, Zhejiang Wanfeng Auto Wheel Co's highest Days Sales Outstanding was 83.08. The lowest was 50.53. And the median was 70.84.

SZSE:002085's Days Sales Outstanding is ranked worse than
63.46% of 1270 companies
in the Vehicles & Parts industry
Industry Median: 60.215 vs SZSE:002085: 71.42

Zhejiang Wanfeng Auto Wheel Co's Days Sales Outstanding declined from Mar. 2023 (84.67) to Mar. 2024 (79.88).

Zhejiang Wanfeng Auto Wheel Co Days Sales Outstanding Historical Data

The historical data trend for Zhejiang Wanfeng Auto Wheel 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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Zhejiang Wanfeng Auto Wheel Co Days Sales Outstanding Chart

Zhejiang Wanfeng Auto Wheel Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

Get a 7-Day Free Trial

70.45

83.08

75.54

72.76

78.22

Zhejiang Wanfeng Auto Wheel 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															84.67	73.03	73.34	65.36	79.88

Competitive Comparison of Zhejiang Wanfeng Auto Wheel Co's Days Sales Outstanding

For the Auto Parts subindustry, Zhejiang Wanfeng Auto Wheel 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.

Zhejiang Wanfeng Auto Wheel Co's Days Sales Outstanding Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Zhejiang Wanfeng Auto Wheel Co's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where Zhejiang Wanfeng Auto Wheel Co's Days Sales Outstanding falls into.

Zhejiang Wanfeng Auto Wheel 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.

Zhejiang Wanfeng Auto Wheel 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
=	( (3698.623	+	3247.444)	/	2 )	/	16206.869	*	365
=	3473.0335					/	16206.869	*	365
=	78.22

Zhejiang Wanfeng Auto Wheel 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
=	( (3247.444	+	2950.056)	/	2 )	/	3539.933	*	365 / 4
=	3098.75					/	3539.933	*	365 / 4
=	79.88

Zhejiang Wanfeng Auto Wheel Co (SZSE:002085) Days Sales Outstanding Explanation

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

Zhejiang Wanfeng Auto Wheel Co Days Sales Outstanding Related Terms

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Zhejiang Wanfeng Auto Wheel Co (SZSE:002085) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Zhejiang Wanfeng Auto Wheel Co Ltd (SZSE:002085) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

N/A

Address

Xinchang County Industrial Park, Zhejiang Province, Chengguan Town, Shaoxing, CHN, 312500

Website

http://www.wfaw.com.cn

Zhejiang Wanfeng Auto Wheel Co Ltd is a China-based company engages in the manufacture and sale of aluminum alloy wheels for automobiles and motorcycles, as well as magnesium alloy wheels. The company's operating segment includes Automobile wheel; Motorcycle wheel; Coating processing; Magnesium alloy die casting products; Stamping and General Aviation Aircraft. It generates maximum revenue from the Automobile wheel segment.

Executives

Yang Hui Hui	Supervisors
Chen Ai Lian	Director
Wu Xing Zhong	Executives
Li Yun	Director
Xu Xiao Fang	Directors, executives
Zhu Xun Ming	Director

Zhejiang Wanfeng Auto Wheel Co (SZSE:002085) Headlines

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