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Xinyi Glass Holdings (Xinyi Glass Holdings) Days Sales Outstanding : 22.99 (As of Dec. 2023)


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What is Xinyi Glass Holdings Days Sales Outstanding?

Xinyi Glass Holdings's average Accounts Receivable for the six months ended in Dec. 2023 was $229 Mil. Xinyi Glass Holdings's Revenue for the six months ended in Dec. 2023 was $1,815 Mil. Hence, Xinyi Glass Holdings's Days Sales Outstanding for the six months ended in Dec. 2023 was 22.99.

The historical rank and industry rank for Xinyi Glass Holdings's Days Sales Outstanding or its related term are showing as below:

XYIGY' s Days Sales Outstanding Range Over the Past 10 Years
Min: 19.27   Med: 28.49   Max: 34.46
Current: 24.89

During the past 13 years, Xinyi Glass Holdings's highest Days Sales Outstanding was 34.46. The lowest was 19.27. And the median was 28.49.

XYIGY's Days Sales Outstanding is ranked better than
81.94% of 382 companies
in the Building Materials industry
Industry Median: 54.835 vs XYIGY: 24.89

Xinyi Glass Holdings's Days Sales Outstanding declined from Dec. 2022 (29.59) to Dec. 2023 (22.99).


Xinyi Glass Holdings Days Sales Outstanding Historical Data

The historical data trend for Xinyi Glass Holdings'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.

* Premium members only.

Xinyi Glass Holdings Days Sales Outstanding Chart

Xinyi Glass Holdings Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Sales Outstanding
Get a 7-Day Free Trial Premium Member Only Premium Member Only 30.15 27.56 19.32 26.28 24.74

Xinyi Glass Holdings Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Days Sales Outstanding Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 19.27 25.75 29.59 27.27 22.99

Competitive Comparison of Xinyi Glass Holdings's Days Sales Outstanding

For the Building Materials subindustry, Xinyi Glass Holdings'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.


Xinyi Glass Holdings's Days Sales Outstanding Distribution in the Building Materials Industry

For the Building Materials industry and Basic Materials sector, Xinyi Glass Holdings's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where Xinyi Glass Holdings's Days Sales Outstanding falls into.



Xinyi Glass Holdings 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.

Xinyi Glass Holdings'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
=( (244.656 + 220.533) / 2 ) / 3431.396*365
=232.5945 / 3431.396*365
=24.74

Xinyi Glass Holdings's Days Sales Outstanding for the quarter that ended in Dec. 2023 is calculated as:

Days Sales Outstanding (Q: Dec. 2023 )
=Average Accounts Receivable /Revenue*Days in Period
=( (Accounts Receivable (A: Jun. 2023 ) + Accounts Receivable (A: Dec. 2023 )) / count ) / Revenue (A: Dec. 2023 )*Days in Period
=( (236.908 + 220.533) / 2 ) / 1815.322*365 / 2
=228.7205 / 1815.322*365 / 2
=22.99

* 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.


Xinyi Glass Holdings  (OTCPK:XYIGY) Days Sales Outstanding Explanation

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


Xinyi Glass Holdings Days Sales Outstanding Related Terms

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Xinyi Glass Holdings (Xinyi Glass Holdings) Business Description

Traded in Other Exchanges
Address
135 Hoi Bun Road, Unit 2101-2108, 21st Floor, Rykadan Capital Tower, Kwun Tong, Kowloon, Hong Kong, HKG
Xinyi Glass Holdings Ltd is engaged in the production and sales of float glass products, automobile glass products, construction glass products and a variety of related products in the PRC and Malaysia. It produces and sells range of glass products, including automobile glass, energy-saving architectural glass, high-quality float glass and other glass products for different commercial and industrial applications. Its glass products are sold to customers in over 140 countries and territories, including the PRC, Hong Kong, the United States, Canada, Australia, New Zealand and countries in Asia, the Middle East, Europe, Africa, and America. Its segments include float glass; automobile glass; and architectural glass out of which the float glass segment accounts for the majority of revenue.

Xinyi Glass Holdings (Xinyi Glass Holdings) Headlines

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