Fuyao Glass Industry Group Co (SHSE:600660) Days Sales Outstanding : 66.69 (As of Dec. 2023)

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What is Fuyao Glass Industry Group Co Days Sales Outstanding?

Fuyao Glass Industry Group Co's average Accounts Receivable for the three months ended in Dec. 2023 was ¥6,823 Mil. Fuyao Glass Industry Group Co's Revenue for the three months ended in Dec. 2023 was ¥9,335 Mil. Hence, Fuyao Glass Industry Group Co's Days Sales Outstanding for the three months ended in Dec. 2023 was 66.69.

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

SHSE:600660' s Days Sales Outstanding Range Over the Past 10 Years
Min: 60.98 Med: 65.95 Max: 71.71
Current: 65.04

During the past 13 years, Fuyao Glass Industry Group Co's highest Days Sales Outstanding was 71.71. The lowest was 60.98. And the median was 65.95.

SHSE:600660's Days Sales Outstanding is ranked worse than
55.6% of 1268 companies
in the Vehicles & Parts industry
Industry Median: 60.74 vs SHSE:600660: 65.04

Fuyao Glass Industry Group Co's Days Sales Outstanding increased from Dec. 2022 (62.68) to Dec. 2023 (66.69).

Fuyao Glass Industry Group Co Days Sales Outstanding Historical Data

The historical data trend for Fuyao Glass Industry 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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Fuyao Glass Industry Group Co Days Sales Outstanding Chart

Fuyao Glass Industry Group Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

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60.98

65.93

62.21

62.15

68.16

Fuyao Glass Industry Group 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															62.68	65.41	60.86	63.85	66.69

Competitive Comparison of Fuyao Glass Industry Group Co's Days Sales Outstanding

For the Auto Parts subindustry, Fuyao Glass Industry 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.

Fuyao Glass Industry Group Co's Days Sales Outstanding Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Fuyao Glass Industry Group Co's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where Fuyao Glass Industry Group Co's Days Sales Outstanding falls into.

Fuyao Glass Industry 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.

Fuyao Glass Industry Group 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
=	( (5257.514	+	7128.016)	/	2 )	/	33160.997	*	365
=	6192.765					/	33160.997	*	365
=	68.16

Fuyao Glass Industry Group 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
=	( (6517.2	+	7128.016)	/	2 )	/	9335.136	*	365 / 4
=	6822.608					/	9335.136	*	365 / 4
=	66.69

Fuyao Glass Industry Group Co (SHSE:600660) Days Sales Outstanding Explanation

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

Fuyao Glass Industry Group Co Days Sales Outstanding Related Terms

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Fuyao Glass Industry Group Co (SHSE:600660) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Fuyao Glass Industry Group Co Ltd (SHSE:600660) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

FYGGY:USA 03606:Hong Kong 4FG:Germany

Address

Fuyao Industrial Zone II, Fujian Province, Fuqing, CHN, 350301

Website

https://www.fuyaogroup.com

Fuyao Glass Industry Group Co Ltd manufactures and sells glass to be fitted in automobiles. The company is principally engaged in providing total solutions of safety glass and automotive accessories for various transportation vehicles, including the design, manufacture, and sale of automotive grade float glass, automotive glass, locomotive glass, luggage racks, vehicle window trims, and provision of relevant services. The Company's product portfolio consists of automobile glasses, such as coating glasses and others, which are applied in passenger cars, buses, limousines and others, and float glasses. The Company distributes its products within domestic markets and overseas markets. Geographically, it derives a majority of its revenue from China.

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