Hwaxin Environmental Co (SZSE:301265) Days Sales Outstanding : 758.91 (As of Mar. 2024)

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What is Hwaxin Environmental Co Days Sales Outstanding?

Hwaxin Environmental Co's average Accounts Receivable for the three months ended in Mar. 2024 was ¥634.0 Mil. Hwaxin Environmental Co's Revenue for the three months ended in Mar. 2024 was ¥76.2 Mil. Hence, Hwaxin Environmental Co's Days Sales Outstanding for the three months ended in Mar. 2024 was 758.91.

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

SZSE:301265' s Days Sales Outstanding Range Over the Past 10 Years
Min: 203.63 Med: 258.55 Max: 464.45
Current: 363.71

During the past 7 years, Hwaxin Environmental Co's highest Days Sales Outstanding was 464.45. The lowest was 203.63. And the median was 258.55.

SZSE:301265's Days Sales Outstanding is ranked worse than
91.81% of 232 companies
in the Waste Management industry
Industry Median: 72 vs SZSE:301265: 363.71

Hwaxin Environmental Co's Days Sales Outstanding increased from Mar. 2023 (342.55) to Mar. 2024 (758.91).

Warning Sign:

If a company's sales outstanding increases, it means it has difficulty collecting payments from its customers.

Hwaxin Environmental Co Days Sales Outstanding Historical Data

The historical data trend for Hwaxin Environmental 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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Hwaxin Environmental Co Days Sales Outstanding Chart

Hwaxin Environmental Co Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

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203.63

258.55

225.31

271.08

304.10

Hwaxin Environmental Co Quarterly Data
	Dec17	Dec18	Dec19	Jun20	Sep20	Dec20	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Days Sales Outstanding	Get a 7-Day Free Trial													342.55	285.44	351.72	308.54	758.91

Competitive Comparison of Hwaxin Environmental Co's Days Sales Outstanding

For the Waste Management subindustry, Hwaxin Environmental 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.

Hwaxin Environmental Co's Days Sales Outstanding Distribution in the Waste Management Industry

For the Waste Management industry and Industrials sector, Hwaxin Environmental Co's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where Hwaxin Environmental Co's Days Sales Outstanding falls into.

Hwaxin Environmental 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.

Hwaxin Environmental 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
=	( (589.077	+	627.381)	/	2 )	/	730.028	*	365
=	608.229					/	730.028	*	365
=	304.10

Hwaxin Environmental 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
=	( (627.381	+	640.619)	/	2 )	/	76.231	*	365 / 4
=	634					/	76.231	*	365 / 4
=	758.91

Hwaxin Environmental Co (SZSE:301265) Days Sales Outstanding Explanation

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

Hwaxin Environmental Co Days Sales Outstanding Related Terms

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Hwaxin Environmental Co (SZSE:301265) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Waste Management » Hwaxin Environmental Co Ltd (SZSE:301265) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

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Address

No. 3-9, No. 4, Jingsheng North 1st Street, Jinqiao Science and Technology Industrial Base, Tongzhou Park, Zhongguancun Science and Technology, Tongzhou District, Beijing, CHN, 101102

Website

http://www.hxepd.com

Hwaxin Environmental Co Ltd is a high-tech environmental protection enterprise specializing in the recycling and disposal of solid waste. Its main business includes electronic waste dismantling, scrapped motor vehicle dismantling, waste electronic equipment recycling Utilization and disposal of hazardous waste and others.

Hwaxin Environmental Co (SZSE:301265) Headlines

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