XCMG Construction Machinery Co (SZSE:000425) Days Sales Outstanding

: 197.94 (As of Sep. 2023)

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XCMG Construction Machinery Co's average Accounts Receivable for the three months ended in Sep. 2023 was ¥44,234 Mil. XCMG Construction Machinery Co's Revenue for the three months ended in Sep. 2023 was ¥20,393 Mil. Hence, XCMG Construction Machinery Co's Days Sales Outstanding for the three months ended in Sep. 2023 was 197.94.

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

SZSE:000425' s Days Sales Outstanding Range Over the Past 10 Years
Min: 100.96 Med: 170.78 Max: 416.12
Current: 179.42

During the past 13 years, XCMG Construction Machinery Co's highest Days Sales Outstanding was 416.12. The lowest was 100.96. And the median was 170.78.

SZSE:000425's Days Sales Outstanding is ranked worse than
86.54% of 208 companies
in the Farm & Heavy Construction Machinery industry
Industry Median: 73.35 vs SZSE:000425: 179.42

XCMG Construction Machinery Co's Days Sales Outstanding increased from Sep. 2022 (185.04) to Sep. 2023 (197.94).

Warning Sign:

If a company's sales outstanding increases, it means it has difficulty collecting payments from its customers.

XCMG Construction Machinery Co Days Sales Outstanding Historical Data

The historical data trend for XCMG Construction Machinery 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.

XCMG Construction Machinery Co Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Days Sales Outstanding

133.73

136.13

127.97

100.96

154.24

XCMG Construction Machinery 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																185.04	217.11	162.50	148.38	197.94

Competitive Comparison

For the Farm & Heavy Construction Machinery subindustry, XCMG Construction Machinery 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.

XCMG Construction Machinery Co Days Sales Outstanding Distribution

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

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

XCMG Construction Machinery 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.

XCMG Construction Machinery 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
=	( (38831.281	+	40456.569)	/	2 )	/	93817.122	*	365
=	39643.925					/	93817.122	*	365
=	154.24

XCMG Construction Machinery 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
=	( (44420.025	+	44048.971)	/	2 )	/	20392.503	*	365 / 4
=	44234.498					/	20392.503	*	365 / 4
=	197.94

XCMG Construction Machinery Co (SZSE:000425) Days Sales Outstanding Explanation

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

XCMG Construction Machinery Co Days Sales Outstanding Related Terms

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XCMG Construction Machinery Co (SZSE:000425) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Farm & Heavy Construction Machinery » XCMG Construction Machinery Co Ltd (SZSE:000425) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 26 Mountain Road, Economic and Technological Development Zone, Jinshanqiao, Jiangsu, Xuzhou, CHN, 221004

Website

http://www.xcmg.com

XCMG Construction Machinery Co Ltd is engaged in tech development, manufacturing and distribution of mainframes and hydraulic pressure parts in China. Its products include hoisting machinery, shovel machinery, compaction machinery, concrete machinery, road machinery, pile construction machinery, firefighting machinery, and construction machinery spare parts. The company distributes its products within domestic market and to overseas markets.

XCMG Construction Machinery Co (SZSE:000425) Headlines

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