Sinosteel New Materials Co (SZSE:002057) Days Sales Outstanding : 190.97 (As of Mar. 2024)

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What is Sinosteel New Materials Co Days Sales Outstanding?

Sinosteel New Materials Co's average Accounts Receivable for the three months ended in Mar. 2024 was ¥1,273 Mil. Sinosteel New Materials Co's Revenue for the three months ended in Mar. 2024 was ¥608 Mil. Hence, Sinosteel New Materials Co's Days Sales Outstanding for the three months ended in Mar. 2024 was 190.97.

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

SZSE:002057' s Days Sales Outstanding Range Over the Past 10 Years
Min: 81.66 Med: 118.73 Max: 164.65
Current: 164.65

During the past 13 years, Sinosteel New Materials Co's highest Days Sales Outstanding was 164.65. The lowest was 81.66. And the median was 118.73.

SZSE:002057's Days Sales Outstanding is ranked worse than
93.79% of 982 companies
in the Semiconductors industry
Industry Median: 62.36 vs SZSE:002057: 164.65

Sinosteel New Materials Co's Days Sales Outstanding increased from Mar. 2023 (167.14) to Mar. 2024 (190.97).

Sinosteel New Materials Co Days Sales Outstanding Historical Data

The historical data trend for Sinosteel New Materials 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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Sinosteel New Materials Co Days Sales Outstanding Chart

Sinosteel New Materials Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

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104.97

124.10

113.36

135.48

157.73

Sinosteel New Materials Co Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Days Sales Outstanding	Get a 7-Day Free Trial															167.14	136.08	178.26	170.06	190.97

Competitive Comparison of Sinosteel New Materials Co's Days Sales Outstanding

For the Semiconductors subindustry, Sinosteel New Materials 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.

Sinosteel New Materials Co's Days Sales Outstanding Distribution in the Semiconductors Industry

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

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

Sinosteel New Materials 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.

Sinosteel New Materials 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
=	( (1103.567	+	1291.056)	/	2 )	/	2770.604	*	365
=	1197.3115					/	2770.604	*	365
=	157.73

Sinosteel New Materials Co's Days Sales Outstanding for the quarter that ended in Mar. 2024 is calculated as:

	Days Sales Outstanding (Q: Mar. 2024 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Dec. 2023 )	+	Accounts Receivable (A: Mar. 2024 ))	/	count )	/	Revenue (A: Mar. 2024 )	*	Days in Period
=	( (1291.056	+	1254.085)	/	2 )	/	608.066	*	365 / 4
=	1272.5705					/	608.066	*	365 / 4
=	190.97

Sinosteel New Materials Co (SZSE:002057) Days Sales Outstanding Explanation

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

Sinosteel New Materials Co Days Sales Outstanding Related Terms

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Sinosteel New Materials Co (SZSE:002057) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » Sinosteel New Materials Co Ltd (SZSE:002057) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

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Address

No. 9 South section, Huoli Shan Avenue, Anhui, Ma'anshan, CHN, 243000

Website

https://www.sinosteelnmc.com

Sinosteel New Materials Co Ltd is a China-based electronic component manufacturing company. Its business activities include a magnetic material, manganous-manganic oxide, ferrite magnet, neodymium magnet, high-efficiency energy-saving motor and mining equipment specializing in the separator, filter, HPGR (High-Pressure Grinding Rolls) and tower mill.

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