Tongwei Co (SHSE:600438) Days Sales Outstanding : 37.13 (As of Mar. 2025)

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What is Tongwei Co Days Sales Outstanding?

Tongwei Co's average Accounts Receivable for the three months ended in Mar. 2025 was ¥6,483 Mil. Tongwei Co's Revenue for the three months ended in Mar. 2025 was ¥15,933 Mil. Hence, Tongwei Co's Days Sales Outstanding for the three months ended in Mar. 2025 was 37.13.

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

SHSE:600438' s Days Sales Outstanding Range Over the Past 10 Years
Min: 7.2 Med: 9.66 Max: 27.17
Current: 25.27

During the past 13 years, Tongwei Co's highest Days Sales Outstanding was 27.17. The lowest was 7.20. And the median was 9.66.

SHSE:600438's Days Sales Outstanding is ranked better than
92.83% of 1004 companies
in the Semiconductors industry
Industry Median: 63.18 vs SHSE:600438: 25.27

Tongwei Co's Days Sales Outstanding increased from Mar. 2024 (28.33) to Mar. 2025 (37.13).

Tongwei Co Days Sales Outstanding Historical Data

The historical data trend for Tongwei 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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Tongwei Co Days Sales Outstanding Chart

Tongwei Co Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Days Sales Outstanding

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7.20

11.22

9.50

15.07

27.17

Tongwei Co Quarterly Data
	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24	Mar25
Days Sales Outstanding	Get a 7-Day Free Trial															28.33	21.85	23.21	24.47	37.13

Competitive Comparison of Tongwei Co's Days Sales Outstanding

For the Solar subindustry, Tongwei 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.

Tongwei Co's Days Sales Outstanding Distribution in the Semiconductors Industry

For the Semiconductors industry and Technology sector, Tongwei Co's Days Sales Outstanding distribution charts can be found below:

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

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Tongwei 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.

Tongwei Co's Days Sales Outstanding for the fiscal year that ended in Dec. 2024 is calculated as

	Days Sales Outstanding (A: Dec. 2024 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Dec. 2023 )	+	Accounts Receivable (A: Dec. 2024 ))	/	count )	/	Revenue (A: Dec. 2024 )	*	Days in Period
=	( (6987.853	+	6706.811)	/	2 )	/	91994.404	*	365
=	6847.332					/	91994.404	*	365
=	27.17

Tongwei Co's Days Sales Outstanding for the quarter that ended in Mar. 2025 is calculated as:

	Days Sales Outstanding (Q: Mar. 2025 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Dec. 2024 )	+	Accounts Receivable (A: Mar. 2025 ))	/	count )	/	Revenue (A: Mar. 2025 )	*	Days in Period
=	( (6706.811	+	6258.69)	/	2 )	/	15933.401	*	365 / 4
=	6482.7505					/	15933.401	*	365 / 4
=	37.13

Tongwei Co (SHSE:600438) Days Sales Outstanding Explanation

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

Tongwei Co Days Sales Outstanding Related Terms

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Tongwei Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » Tongwei Co Ltd (SHSE:600438) » Definitions » Days Sales Outstanding

Traded in Other Exchanges

N/A

Address

No. 588, Middle Section Tianfu Avenue, High-Tech Zone, Tongwei International Center, Sichuan, Chengdu, CHN, 610041

Website

http://www.tongwei.com.cn

Tongwei is the world's largest polysilicon producer and a leading solar cell and module supplier. The solar business contributed more than 60% of revenue in 2024. In addition, Tongwei runs a feed and food business, which made up 35% of revenue in 2024.

Executives

Zhou Bin	senior management
Xie Yi	Director
Song Gang Jie	senior management
Yang Shi Xian	Supervisors
Shen Jin Zhu	senior management
Duan Yong	Director
Deng San	Supervisors
Chen Ping Fu	senior management
Zhang Lu	senior management
Wang Shang Wen	senior management
Guo Yi Zhong	senior management
Yan Hu	Director
Hong Rui	senior management
Yuan Shi Hua	senior management
Yan Bao Quan	Supervisors

Tongwei Co Headlines

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