China Haisum Engineering Co (SZSE:002116) Days Sales Outstanding : 39.10 (As of Mar. 2024)

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What is China Haisum Engineering Co Days Sales Outstanding?

China Haisum Engineering Co's average Accounts Receivable for the three months ended in Mar. 2024 was ¥531 Mil. China Haisum Engineering Co's Revenue for the three months ended in Mar. 2024 was ¥1,239 Mil. Hence, China Haisum Engineering Co's Days Sales Outstanding for the three months ended in Mar. 2024 was 39.10.

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

SZSE:002116' s Days Sales Outstanding Range Over the Past 10 Years
Min: 29.83 Med: 43.04 Max: 51.53
Current: 29.83

During the past 13 years, China Haisum Engineering Co's highest Days Sales Outstanding was 51.53. The lowest was 29.83. And the median was 43.04.

SZSE:002116's Days Sales Outstanding is ranked better than
89.12% of 1645 companies
in the Construction industry
Industry Median: 72.65 vs SZSE:002116: 29.83

China Haisum Engineering Co's Days Sales Outstanding declined from Mar. 2023 (39.47) to Mar. 2024 (39.10).

China Haisum Engineering Co Days Sales Outstanding Historical Data

The historical data trend for China Haisum Engineering 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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China Haisum Engineering Co Days Sales Outstanding Chart

China Haisum Engineering Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

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48.18

46.63

42.24

36.83

30.92

China Haisum Engineering 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															39.47	32.56	36.33	21.51	39.10

Competitive Comparison of China Haisum Engineering Co's Days Sales Outstanding

For the Engineering & Construction subindustry, China Haisum Engineering 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.

China Haisum Engineering Co's Days Sales Outstanding Distribution in the Construction Industry

For the Construction industry and Industrials sector, China Haisum Engineering Co's Days Sales Outstanding distribution charts can be found below:

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

China Haisum Engineering 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.

China Haisum Engineering 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
=	( (571.794	+	555.427)	/	2 )	/	6652.189	*	365
=	563.6105					/	6652.189	*	365
=	30.92

China Haisum Engineering 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
=	( (555.427	+	506.59)	/	2 )	/	1239.141	*	365 / 4
=	531.0085					/	1239.141	*	365 / 4
=	39.10

China Haisum Engineering Co (SZSE:002116) Days Sales Outstanding Explanation

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

China Haisum Engineering Co Days Sales Outstanding Related Terms

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China Haisum Engineering Co (SZSE:002116) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » China Haisum Engineering Co Ltd (SZSE:002116) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 21 Baoqing Road, Shanghai, Shanghai, CHN, 200031

Website

http://www.haisum.com

China Haisum Engineering Co Ltd is a China-based company engaged in engineering design, consulting, supervision and contracting business. Its business scope covers light and textile, trade and commissariat, agriculture and forestry, machinery, municipal public utility, and architecture.

Executives

Chen Ping	Supervisors
Yan Xiao Jian	Director
Li Nong	Supervisors
Zhang Jian Xin	Directors, executives
Lin Hong Yang	Executives
Weng Wei Min	Executives
Hu Xiao Ping	Directors, executives
Xu Qiu Hong	Director
Xu Ping Jia	Executives
Qi Yong Yi	Executives
Bian Jun Yi	Executives
Fan Yan	Executives
Xu Da Tong	Executives
Chen An Min	Director
Lu Yu Chu	Supervisors

China Haisum Engineering Co (SZSE:002116) Headlines

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