ReTo Eco-Solutions (ReTo Eco-Solutions) Days Sales Outstanding : 200.03 (As of Jun. 2023)

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What is ReTo Eco-Solutions Days Sales Outstanding?

ReTo Eco-Solutions's average Accounts Receivable for the six months ended in Jun. 2023 was $1.35 Mil. ReTo Eco-Solutions's Revenue for the six months ended in Jun. 2023 was $1.23 Mil. Hence, ReTo Eco-Solutions's Days Sales Outstanding for the six months ended in Jun. 2023 was 200.03.

The historical rank and industry rank for ReTo Eco-Solutions's Days Sales Outstanding or its related term are showing as below:

RETO' s Days Sales Outstanding Range Over the Past 10 Years
Min: 73.07 Med: 196.46 Max: 308.76
Current: 138.48

During the past 8 years, ReTo Eco-Solutions's highest Days Sales Outstanding was 308.76. The lowest was 73.07. And the median was 196.46.

RETO's Days Sales Outstanding is ranked worse than
87.89% of 380 companies
in the Building Materials industry
Industry Median: 55.495 vs RETO: 138.48

ReTo Eco-Solutions's Days Sales Outstanding increased from Jun. 2022 (101.70) to Jun. 2023 (200.03).

ReTo Eco-Solutions Days Sales Outstanding Historical Data

The historical data trend for ReTo Eco-Solutions'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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ReTo Eco-Solutions Days Sales Outstanding Chart

ReTo Eco-Solutions Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Days Sales Outstanding

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201.49

269.08

308.76

167.19

73.07

ReTo Eco-Solutions Semi-Annual Data
	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23
Days Sales Outstanding	Get a 7-Day Free Trial											173.76	45.90	101.70	125.49	200.03

Competitive Comparison of ReTo Eco-Solutions's Days Sales Outstanding

For the Building Materials subindustry, ReTo Eco-Solutions'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.

ReTo Eco-Solutions's Days Sales Outstanding Distribution in the Building Materials Industry

For the Building Materials industry and Basic Materials sector, ReTo Eco-Solutions's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where ReTo Eco-Solutions's Days Sales Outstanding falls into.

ReTo Eco-Solutions 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.

ReTo Eco-Solutions's Days Sales Outstanding for the fiscal year that ended in Dec. 2022 is calculated as

	Days Sales Outstanding (A: Dec. 2022 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Dec. 2021 )	+	Accounts Receivable (A: Dec. 2022 ))	/	count )	/	Revenue (A: Dec. 2022 )	*	Days in Period
=	( (0.442	+	2.15)	/	2 )	/	6.474	*	365
=	1.296					/	6.474	*	365
=	73.07

ReTo Eco-Solutions's Days Sales Outstanding for the quarter that ended in Jun. 2023 is calculated as:

	Days Sales Outstanding (Q: Jun. 2023 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Dec. 2022 )	+	Accounts Receivable (A: Jun. 2023 ))	/	count )	/	Revenue (A: Jun. 2023 )	*	Days in Period
=	( (2.15	+	0.555)	/	2 )	/	1.234	*	365 / 2
=	1.3525					/	1.234	*	365 / 2
=	200.03

ReTo Eco-Solutions (NAS:RETO) Days Sales Outstanding Explanation

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

ReTo Eco-Solutions Days Sales Outstanding Related Terms

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ReTo Eco-Solutions (ReTo Eco-Solutions) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Building Materials » ReTo Eco-Solutions Inc (NAS:RETO) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

N/A

Address

C/o Beijing REIT Technology Development Co., Ltd., X-702, Runfengdeshangyuan, 60 Anli Road, Chaoyang District, Beijing, CHN, 100101

Website

http://www.retoeco.com

ReTo Eco-Solutions Inc is a manufacturer and distributor of eco-friendly construction materials and fly-ash, as well as equipment used to produce these eco-friendly construction materials. The company engaged in providing consultation, design, project implementation and construction of urban ecological environments for capturing, controlling and re-using rainwater. It operates through four segments namely Machinery and Equipment sales, Construction materials sales, Municipal Construction Projects, and Technology Consulting and other services. The company earns its revenue from Machinery and Equipment sales segment. Geographically, it derives a majority of its revenue from China.