Lianhe Chemical Technology Co (SZSE:002250) Days Sales Outstanding : 80.34 (As of Mar. 2024)

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What is Lianhe Chemical Technology Co Days Sales Outstanding?

Lianhe Chemical Technology Co's average Accounts Receivable for the three months ended in Mar. 2024 was ¥1,290 Mil. Lianhe Chemical Technology Co's Revenue for the three months ended in Mar. 2024 was ¥1,466 Mil. Hence, Lianhe Chemical Technology Co's Days Sales Outstanding for the three months ended in Mar. 2024 was 80.34.

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

SZSE:002250' s Days Sales Outstanding Range Over the Past 10 Years
Min: 60.43 Med: 68.18 Max: 84.51
Current: 78.08

During the past 13 years, Lianhe Chemical Technology Co's highest Days Sales Outstanding was 84.51. The lowest was 60.43. And the median was 68.18.

SZSE:002250's Days Sales Outstanding is ranked worse than
64.72% of 1525 companies
in the Chemicals industry
Industry Median: 64.02 vs SZSE:002250: 78.08

Lianhe Chemical Technology Co's Days Sales Outstanding increased from Mar. 2023 (66.54) to Mar. 2024 (80.34).

Lianhe Chemical Technology Co Days Sales Outstanding Historical Data

The historical data trend for Lianhe Chemical Technology 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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Lianhe Chemical Technology Co Days Sales Outstanding Chart

Lianhe Chemical Technology Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

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84.51

69.67

61.04

64.97

73.14

Lianhe Chemical Technology 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															66.54	70.12	80.86	72.82	80.34

Competitive Comparison of Lianhe Chemical Technology Co's Days Sales Outstanding

For the Specialty Chemicals subindustry, Lianhe Chemical Technology 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.

Lianhe Chemical Technology Co's Days Sales Outstanding Distribution in the Chemicals Industry

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

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

Lianhe Chemical Technology 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.

Lianhe Chemical Technology 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
=	( (1468.263	+	1113.423)	/	2 )	/	6442.153	*	365
=	1290.843					/	6442.153	*	365
=	73.14

Lianhe Chemical Technology 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
=	( (1113.423	+	1467.401)	/	2 )	/	1465.597	*	365 / 4
=	1290.412					/	1465.597	*	365 / 4
=	80.34

Lianhe Chemical Technology Co (SZSE:002250) Days Sales Outstanding Explanation

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

Lianhe Chemical Technology Co Days Sales Outstanding Related Terms

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Lianhe Chemical Technology Co (SZSE:002250) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Lianhe Chemical Technology Co Ltd (SZSE:002250) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 41 Wangxi Road, Huangyan District, Taizhou, Zhejiang, CHN, 318020

Website

http://www.hlchem.com

Lianhe Chemical Technology Co Ltd operates in chemical raw materials and chemical manufacturing industry. The company is engaged in providing chemical and technical solutions to areas of pesticides, pharmaceuticals, functional chemicals, and equipment and engineering.

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