Guangdong Dowstone Technology co (SZSE:300409) Days Sales Outstanding : 68.65 (As of Mar. 2024)

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What is Guangdong Dowstone Technology co Days Sales Outstanding?

Guangdong Dowstone Technology co's average Accounts Receivable for the three months ended in Mar. 2024 was ¥1,506 Mil. Guangdong Dowstone Technology co's Revenue for the three months ended in Mar. 2024 was ¥2,002 Mil. Hence, Guangdong Dowstone Technology co's Days Sales Outstanding for the three months ended in Mar. 2024 was 68.65.

The historical rank and industry rank for Guangdong Dowstone Technology co's Days Sales Outstanding or its related term are showing as below:

SZSE:300409' s Days Sales Outstanding Range Over the Past 10 Years
Min: 49.53 Med: 72.5 Max: 116.28
Current: 76.29

During the past 13 years, Guangdong Dowstone Technology co's highest Days Sales Outstanding was 116.28. The lowest was 49.53. And the median was 72.50.

SZSE:300409's Days Sales Outstanding is ranked worse than
63.07% of 1522 companies
in the Chemicals industry
Industry Median: 63.96 vs SZSE:300409: 76.29

Guangdong Dowstone Technology co's Days Sales Outstanding declined from Mar. 2023 (93.74) to Mar. 2024 (68.65).

Guangdong Dowstone Technology co Days Sales Outstanding Historical Data

The historical data trend for Guangdong Dowstone 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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Guangdong Dowstone Technology co Days Sales Outstanding Chart

Guangdong Dowstone Technology co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

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52.55

49.74

53.43

78.05

75.65

Guangdong Dowstone 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															93.74	88.44	76.48	72.31	68.65

Competitive Comparison of Guangdong Dowstone Technology co's Days Sales Outstanding

For the Specialty Chemicals subindustry, Guangdong Dowstone 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.

Guangdong Dowstone Technology co's Days Sales Outstanding Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Guangdong Dowstone Technology co's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where Guangdong Dowstone Technology co's Days Sales Outstanding falls into.

Guangdong Dowstone 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.

Guangdong Dowstone 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
=	( (1602.756	+	1421.258)	/	2 )	/	7295.641	*	365
=	1512.007					/	7295.641	*	365
=	75.65

Guangdong Dowstone 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
=	( (1421.258	+	1590.601)	/	2 )	/	2001.701	*	365 / 4
=	1505.9295					/	2001.701	*	365 / 4
=	68.65

Guangdong Dowstone Technology co (SZSE:300409) Days Sales Outstanding Explanation

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

Guangdong Dowstone Technology co Days Sales Outstanding Related Terms

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Guangdong Dowstone Technology co (SZSE:300409) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Guangdong Dowstone Technology co Ltd (SZSE:300409) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

N/A

Address

2nd Floor, 30 world Jihua, Four Italian American Ceramic Sanitary Ware, Foshan, Guangdong, CHN

Website

http://www.dowstone.com.cn

Guangdong Dowstone Technology co Ltd is a domestic ceramic product full-service chain product and service provider. The company also provides package product solutions and raw material procurement management services for high-end ceramics manufacturers at home and abroad. Its product offerings include Ceramic ink, Enamel glaze, One-time burning, Full caste Glaze, and others. The company's solutions consist of Digital overall solution, Finished glaze overall solution, Dry powder dry granule overall solution, Total solution service process, and other solutions.

Executives

Rong Ji Hua	Director
Zhang Yi	Directors, executives
Wang Hai Qing	Director
Liang Hai Yan	Director
He Xiang Yong	Executives

Guangdong Dowstone Technology co (SZSE:300409) Headlines

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