Zhuzhou Times New Materials Technology Co (SHSE:600458) Days Sales Outstanding : 84.06 (As of Dec. 2023)

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What is Zhuzhou Times New Materials Technology Co Days Sales Outstanding?

Zhuzhou Times New Materials Technology Co's average Accounts Receivable for the three months ended in Dec. 2023 was ¥4,547 Mil. Zhuzhou Times New Materials Technology Co's Revenue for the three months ended in Dec. 2023 was ¥4,936 Mil. Hence, Zhuzhou Times New Materials Technology Co's Days Sales Outstanding for the three months ended in Dec. 2023 was 84.06.

The historical rank and industry rank for Zhuzhou Times New Materials Technology Co's Days Sales Outstanding or its related term are showing as below:

SHSE:600458' s Days Sales Outstanding Range Over the Past 10 Years
Min: 53.15 Med: 72.39 Max: 92.07
Current: 90.58

During the past 13 years, Zhuzhou Times New Materials Technology Co's highest Days Sales Outstanding was 92.07. The lowest was 53.15. And the median was 72.39.

SHSE:600458's Days Sales Outstanding is ranked worse than
73.87% of 1527 companies
in the Chemicals industry
Industry Median: 63.56 vs SHSE:600458: 90.58

Zhuzhou Times New Materials Technology Co's Days Sales Outstanding increased from Dec. 2022 (68.54) to Dec. 2023 (84.06).

Zhuzhou Times New Materials Technology Co Days Sales Outstanding Historical Data

The historical data trend for Zhuzhou Times New Materials Technology 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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Zhuzhou Times New Materials Technology Co Days Sales Outstanding Chart

Zhuzhou Times New Materials Technology Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

Get a 7-Day Free Trial

70.30

53.15

59.50

65.05

74.48

Zhuzhou Times New Materials Technology Co Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Days Sales Outstanding	Get a 7-Day Free Trial															68.54	88.74	103.80	103.04	84.06

Competitive Comparison of Zhuzhou Times New Materials Technology Co's Days Sales Outstanding

For the Chemicals subindustry, Zhuzhou Times New Materials Technology 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.

Zhuzhou Times New Materials Technology Co's Days Sales Outstanding Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Zhuzhou Times New Materials Technology Co's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where Zhuzhou Times New Materials Technology Co's Days Sales Outstanding falls into.

Zhuzhou Times New Materials Technology 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.

Zhuzhou Times New Materials Technology Co'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
=	( (3101.643	+	4055.896)	/	2 )	/	17537.867	*	365
=	3578.7695					/	17537.867	*	365
=	74.48

Zhuzhou Times New Materials Technology Co'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: Sep. 2023 )	+	Accounts Receivable (A: Dec. 2023 ))	/	count )	/	Revenue (A: Dec. 2023 )	*	Days in Period
=	( (5038.057	+	4055.896)	/	2 )	/	4935.706	*	365 / 4
=	4546.9765					/	4935.706	*	365 / 4
=	84.06

Zhuzhou Times New Materials Technology Co (SHSE:600458) Days Sales Outstanding Explanation

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

Zhuzhou Times New Materials Technology Co Days Sales Outstanding Related Terms

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Zhuzhou Times New Materials Technology Co (SHSE:600458) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Zhuzhou Times New Materials Technology Co Ltd (SHSE:600458) » Definitions » Days Sales Outstanding

Traded in Other Exchanges

N/A

Address

No. 18 Haitian Road, Tianyuan District, Zhuzhou, Hunan, CHN, 412007

Website

http://www.trp.com.cn

Zhuzhou Times New Materials Technology Co Ltd is a China-based company mainly engaged in the research and development and engineering application of polymer materials such as vibration reduction, noise reduction, and lightweight. Its products are extended to rubber, plastics, composite materials and functional materials, mainly for rail transportation, automobiles, new energy and Special equipment and other fields.

Zhuzhou Times New Materials Technology Co (SHSE:600458) Headlines

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