Huadi International Group Co (Huadi International Group Co) Days Sales Outstanding : 82.67 (As of Sep. 2023)

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What is Huadi International Group Co Days Sales Outstanding?

Huadi International Group Co's average Accounts Receivable for the six months ended in Sep. 2023 was $21.01 Mil. Huadi International Group Co's Revenue for the six months ended in Sep. 2023 was $46.38 Mil. Hence, Huadi International Group Co's Days Sales Outstanding for the six months ended in Sep. 2023 was 82.67.

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

HUDI' s Days Sales Outstanding Range Over the Past 10 Years
Min: 83.82 Med: 91.11 Max: 97.87
Current: 88.98

During the past 6 years, Huadi International Group Co's highest Days Sales Outstanding was 97.87. The lowest was 83.82. And the median was 91.11.

HUDI's Days Sales Outstanding is ranked worse than
84.33% of 600 companies
in the Steel industry
Industry Median: 49.98 vs HUDI: 88.98

Huadi International Group Co's Days Sales Outstanding declined from Sep. 2022 (84.71) to Sep. 2023 (82.67).

Huadi International Group Co Days Sales Outstanding Historical Data

The historical data trend for Huadi International Group 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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Huadi International Group Co Days Sales Outstanding Chart

Huadi International Group Co Annual Data

Trend

Sep18

Sep19

Sep20

Sep21

Sep22

Sep23

Days Sales Outstanding

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83.82

85.24

90.71

97.87

91.51

Huadi International Group Co Semi-Annual Data
	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
Days Sales Outstanding	Get a 7-Day Free Trial						80.26	95.20	84.71	93.89	82.67

Competitive Comparison of Huadi International Group Co's Days Sales Outstanding

For the Steel subindustry, Huadi International Group 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.

Huadi International Group Co's Days Sales Outstanding Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, Huadi International Group Co's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where Huadi International Group Co's Days Sales Outstanding falls into.

Huadi International Group 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.

Huadi International Group Co's Days Sales Outstanding for the fiscal year that ended in Sep. 2023 is calculated as

	Days Sales Outstanding (A: Sep. 2023 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Sep. 2022 )	+	Accounts Receivable (A: Sep. 2023 ))	/	count )	/	Revenue (A: Sep. 2023 )	*	Days in Period
=	( (19.658	+	22.63)	/	2 )	/	84.332	*	365
=	21.144					/	84.332	*	365
=	91.51

Huadi International Group Co's Days Sales Outstanding for the quarter that ended in Sep. 2023 is calculated as:

	Days Sales Outstanding (Q: Sep. 2023 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Mar. 2023 )	+	Accounts Receivable (A: Sep. 2023 ))	/	count )	/	Revenue (A: Sep. 2023 )	*	Days in Period
=	( (19.391	+	22.63)	/	2 )	/	46.38	*	365 / 2
=	21.0105					/	46.38	*	365 / 2
=	82.67

Huadi International Group Co (NAS:HUDI) Days Sales Outstanding Explanation

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

Huadi International Group Co Days Sales Outstanding Related Terms

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Huadi International Group Co (Huadi International Group Co) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » Huadi International Group Co Ltd (NAS:HUDI) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

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Address

No.1688 Tianzhong Street, Longwan District, Zhejiang Province, Wenzhou, CHN, 325025

Website

http://www.huadigroup.com

Huadi International Group Co Ltd is a manufacturer of industrial stainless steel seamless pipes and tubes products. Its products are used in the oil & gas transmission, chemistry engineering, food processing, medical devices, aeronautics and astronautics, boiler, irrigation works construction, automobile and naval architecture, paper mill and mechanical industries. Products are exported to the United States, Mexico, Thailand, Australia, Argentina, Taiwan, India, the Philippines, UAE and Canada. Geographically, majority revenue is generated from China.