Guangdong Ganhua Science & Industry Co (SZSE:000576) Days Sales Outstanding : 384.91 (As of Dec. 2023)

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What is Guangdong Ganhua Science & Industry Co Days Sales Outstanding?

Guangdong Ganhua Science & Industry Co's average Accounts Receivable for the three months ended in Dec. 2023 was ¥191.0 Mil. Guangdong Ganhua Science & Industry Co's Revenue for the three months ended in Dec. 2023 was ¥45.3 Mil. Hence, Guangdong Ganhua Science & Industry Co's Days Sales Outstanding for the three months ended in Dec. 2023 was 384.91.

The historical rank and industry rank for Guangdong Ganhua Science & Industry Co's Days Sales Outstanding or its related term are showing as below:

SZSE:000576' s Days Sales Outstanding Range Over the Past 10 Years
Min: 21.62 Med: 54.76 Max: 219.46
Current: 219.46

During the past 13 years, Guangdong Ganhua Science & Industry Co's highest Days Sales Outstanding was 219.46. The lowest was 21.62. And the median was 54.76.

SZSE:000576's Days Sales Outstanding is ranked worse than
90.51% of 495 companies
in the Conglomerates industry
Industry Median: 61.68 vs SZSE:000576: 219.46

Guangdong Ganhua Science & Industry Co's Days Sales Outstanding increased from Dec. 2022 (108.99) to Dec. 2023 (384.91).

Warning Sign:

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

Guangdong Ganhua Science & Industry Co Days Sales Outstanding Historical Data

The historical data trend for Guangdong Ganhua Science & 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.

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Guangdong Ganhua Science & Industry Co Days Sales Outstanding Chart

Guangdong Ganhua Science & Industry Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

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25.35

38.27

53.39

100.44

172.28

Guangdong Ganhua Science & Industry 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															108.99	184.35	170.98	284.83	384.91

Competitive Comparison of Guangdong Ganhua Science & Industry Co's Days Sales Outstanding

For the Conglomerates subindustry, Guangdong Ganhua Science & 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.

Guangdong Ganhua Science & Industry Co's Days Sales Outstanding Distribution in the Conglomerates Industry

For the Conglomerates industry and Industrials sector, Guangdong Ganhua Science & Industry Co's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where Guangdong Ganhua Science & Industry Co's Days Sales Outstanding falls into.

Guangdong Ganhua Science & 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.

Guangdong Ganhua Science & Industry 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
=	( (151.472	+	153.703)	/	2 )	/	323.277	*	365
=	152.5875					/	323.277	*	365
=	172.28

Guangdong Ganhua Science & Industry 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
=	( (228.242	+	153.703)	/	2 )	/	45.273	*	365 / 4
=	190.9725					/	45.273	*	365 / 4
=	384.91

Guangdong Ganhua Science & Industry Co (SZSE:000576) Days Sales Outstanding Explanation

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

Guangdong Ganhua Science & Industry Co Days Sales Outstanding Related Terms

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Guangdong Ganhua Science & Industry Co (SZSE:000576) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Conglomerates » Guangdong Ganhua Science & Industry Co Ltd (SZSE:000576) » Definitions » Days Sales Outstanding

Traded in Other Exchanges

N/A

Address

No. 62, Ganhua Road, Guangdong Province, Jiangmen, CHN, 529030

Website

http://www.gdganhua.com

Guangdong Ganhua Science & Industry Co Ltd is engaged in the business of power supply systems and core components of intelligent ammunition for the military sector. Also, the company is involved in dealing with mechanical equipment, instrumentation, spare parts and related technologies. It also manufactures and sells power converters, power modules, electronic components, semiconductor integrated circuits and system products, computer software and other types of machinery.

Guangdong Ganhua Science & Industry Co (SZSE:000576) Headlines

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