Sany Heavy Industry Co (SHSE:600031) Days Sales Outstanding

: 139.48 (As of Sep. 2023)

View and export this data going back to 2003. Start your Free Trial

Sany Heavy Industry Co's average Accounts Receivable for the three months ended in Sep. 2023 was ¥24,796 Mil. Sany Heavy Industry Co's Revenue for the three months ended in Sep. 2023 was ¥16,222 Mil. Hence, Sany Heavy Industry Co's Days Sales Outstanding for the three months ended in Sep. 2023 was 139.48.

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

SHSE:600031' s Days Sales Outstanding Range Over the Past 10 Years
Min: 70.3 Med: 145.45 Max: 317.99
Current: 116.59

During the past 13 years, Sany Heavy Industry Co's highest Days Sales Outstanding was 317.99. The lowest was 70.30. And the median was 145.45.

SHSE:600031's Days Sales Outstanding is ranked worse than
71.63% of 208 companies
in the Farm & Heavy Construction Machinery industry
Industry Median: 73.235 vs SHSE:600031: 116.59

Sany Heavy Industry Co's Days Sales Outstanding increased from Sep. 2022 (116.19) to Sep. 2023 (139.48).

Sany Heavy Industry Co Days Sales Outstanding Historical Data

The historical data trend for Sany Heavy Industry 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.

* Premium members only.

Sany Heavy Industry Co Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Days Sales Outstanding

126.12

100.51

78.96

70.30

100.88

Sany Heavy Industry Co Quarterly Data
	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23
Days Sales Outstanding																116.19	106.12	124.96	105.49	139.48

Competitive Comparison

For the Farm & Heavy Construction Machinery subindustry, Sany Heavy Industry 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.

Sany Heavy Industry Co Days Sales Outstanding Distribution

For the Farm & Heavy Construction Machinery industry and Industrials sector, Sany Heavy Industry Co's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where Sany Heavy Industry Co's Days Sales Outstanding falls into.

Sany Heavy Industry 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.

Sany Heavy Industry Co'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
=	( (19655.404	+	25021.61)	/	2 )	/	80822.133	*	365
=	22338.507					/	80822.133	*	365
=	100.88

Sany Heavy Industry 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: Jun. 2023 )	+	Accounts Receivable (A: Sep. 2023 ))	/	count )	/	Revenue (A: Sep. 2023 )	*	Days in Period
=	( (26404.687	+	23186.393)	/	2 )	/	16221.746	*	365 / 4
=	24795.54					/	16221.746	*	365 / 4
=	139.48

Sany Heavy Industry Co (SHSE:600031) Days Sales Outstanding Explanation

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

Sany Heavy Industry Co Days Sales Outstanding Related Terms

Thank you for viewing the detailed overview of Sany Heavy Industry Co's Days Sales Outstanding provided by GuruFocus.com. Please click on the following links to see related term pages.

Sany Heavy Industry Co (SHSE:600031) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Farm & Heavy Construction Machinery » Sany Heavy Industry Co Ltd (SHSE:600031) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

N/A

Address

SANY Industrial Park, Economic and Technological Development Zone, Hunan, Changsha, CHN, 410100

Website

http://www.sanyglobal.com

Sany is a leading construction machinery manufacturer in China and is one of the top 10 in the world in terms of revenue. Its products range from concrete and crane machinery to excavator, road construction, piling machinery, and others. Following its acquisition of Putzmeister in 2012, it strengthened its position in the concrete machinery space globally as one of the leading concrete pumps manufacturers. It is also the largest excavator manufacturer in China with 21% market share in 2017. China accounted for around 70% of its revenue in 2019, while the rest comes from overseas markets.

Sany Heavy Industry Co (SHSE:600031) Headlines

No Headlines