Hainan RuiZe New Building Material Co (SZSE:002596) Days Sales Outstanding : 456.34 (As of Mar. 2024)

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What is Hainan RuiZe New Building Material Co Days Sales Outstanding?

Hainan RuiZe New Building Material Co's average Accounts Receivable for the three months ended in Mar. 2024 was ¥1,759 Mil. Hainan RuiZe New Building Material Co's Revenue for the three months ended in Mar. 2024 was ¥352 Mil. Hence, Hainan RuiZe New Building Material Co's Days Sales Outstanding for the three months ended in Mar. 2024 was 456.34.

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

SZSE:002596' s Days Sales Outstanding Range Over the Past 10 Years
Min: 214.72 Med: 242.17 Max: 378.92
Current: 370.2

During the past 13 years, Hainan RuiZe New Building Material Co's highest Days Sales Outstanding was 378.92. The lowest was 214.72. And the median was 242.17.

SZSE:002596's Days Sales Outstanding is ranked worse than
96.86% of 382 companies
in the Building Materials industry
Industry Median: 54.48 vs SZSE:002596: 370.20

Hainan RuiZe New Building Material Co's Days Sales Outstanding increased from Mar. 2023 (435.70) to Mar. 2024 (456.34).

Hainan RuiZe New Building Material Co Days Sales Outstanding Historical Data

The historical data trend for Hainan RuiZe New Building 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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Hainan RuiZe New Building Material Co Days Sales Outstanding Chart

Hainan RuiZe New Building Material Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

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274.62

218.62

221.42

316.31

378.92

Hainan RuiZe New Building 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															435.70	365.94	353.99	332.41	456.34

Competitive Comparison of Hainan RuiZe New Building Material Co's Days Sales Outstanding

For the Building Materials subindustry, Hainan RuiZe New Building 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.

Hainan RuiZe New Building Material Co's Days Sales Outstanding Distribution in the Building Materials Industry

For the Building Materials industry and Basic Materials sector, Hainan RuiZe New Building Material Co's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where Hainan RuiZe New Building Material Co's Days Sales Outstanding falls into.

Hainan RuiZe New Building 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.

Hainan RuiZe New Building 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
=	( (1720.394	+	1836.792)	/	2 )	/	1713.241	*	365
=	1778.593					/	1713.241	*	365
=	378.92

Hainan RuiZe New Building 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
=	( (1836.792	+	1680.506)	/	2 )	/	351.661	*	365 / 4
=	1758.649					/	351.661	*	365 / 4
=	456.34

Hainan RuiZe New Building Material Co (SZSE:002596) Days Sales Outstanding Explanation

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

Hainan RuiZe New Building Material Co Days Sales Outstanding Related Terms

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Hainan RuiZe New Building Material Co (SZSE:002596) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Building Materials » Hainan RuiZe New Building Material Co Ltd (SZSE:002596) » Definitions » Days Sales Outstanding

Traded in Other Exchanges

N/A

Address

No.488 Yingbin Road, Sanya, CHN, 572011

Website

http://www.hnruize.com

Hainan RuiZe New Building Material Co Ltd is engaged in the manufacturing and sale of concrete, wall materials, and cement. In addition, it is also involved in the landscaping business. The company's products are mainly used in large-scale construction projects, including national, provincial and municipal large-scale urban base facilities, traffic engineering and large-scale residential projects. Geographically the group operates through China.

Hainan RuiZe New Building Material Co (SZSE:002596) Headlines

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