Huaming Power Equipment Co (SZSE:002270) Days Sales Outstanding

: 114.70 (As of Dec. 2023)

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Huaming Power Equipment Co's average Accounts Receivable for the three months ended in Dec. 2023 was ¥637 Mil. Huaming Power Equipment Co's Revenue for the three months ended in Dec. 2023 was ¥507 Mil. Hence, Huaming Power Equipment Co's Days Sales Outstanding for the three months ended in Dec. 2023 was 114.70.

The historical rank and industry rank for Huaming Power Equipment Co's Days Sales Outstanding or its related term are showing as below:

SZSE:002270' s Days Sales Outstanding Range Over the Past 10 Years
Min: 66.94 Med: 142.4 Max: 315.34
Current: 121.83

During the past 13 years, Huaming Power Equipment Co's highest Days Sales Outstanding was 315.34. The lowest was 66.94. And the median was 142.40.

SZSE:002270's Days Sales Outstanding is ranked worse than
76.7% of 2957 companies
in the Industrial Products industry
Industry Median: 78.92 vs SZSE:002270: 121.83

Huaming Power Equipment Co's Days Sales Outstanding declined from Dec. 2022 (124.83) to Dec. 2023 (114.70).

Huaming Power Equipment Co Days Sales Outstanding Historical Data

The historical data trend for Huaming Power Equipment 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.

Huaming Power Equipment Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

285.89

192.65

136.76

108.21

88.59

Huaming Power Equipment 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																124.83	139.92	135.27	132.41	114.70

Competitive Comparison

For the Specialty Industrial Machinery subindustry, Huaming Power Equipment 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.

Huaming Power Equipment Co Days Sales Outstanding Distribution

For the Industrial Products industry and Industrials sector, Huaming Power Equipment Co's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where Huaming Power Equipment Co's Days Sales Outstanding falls into.

Huaming Power Equipment 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.

Huaming Power Equipment 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
=	( (525.956	+	426.038)	/	2 )	/	1961.136	*	365
=	475.997					/	1961.136	*	365
=	88.59

Huaming Power Equipment 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
=	( (847.401	+	426.038)	/	2 )	/	506.525	*	365 / 4
=	636.7195					/	506.525	*	365 / 4
=	114.70

Huaming Power Equipment Co (SZSE:002270) Days Sales Outstanding Explanation

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

Huaming Power Equipment Co Days Sales Outstanding Related Terms

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Huaming Power Equipment Co (SZSE:002270) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Huaming Power Equipment Co Ltd (SZSE:002270) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 977, Tongpu Road, Putuo District, Shanghai, CHN, 200333

Website

http://www.hmoltc.com

Huaming Power Equipment Co Ltd is a Chinese company operating in the tap changer industry. Its products are on-load and off-circuit tap changers for transformeThat motor drive unit, online oil filter and other accessories. The products offered by the company is used in power grids and energy sector, chemical, metallurgical and railway projects, among others. The company offers products in the categories of OLTC and DETC. OLTC includes products of conventional type, vacuum type, dry type and gas insulated type, whereas DETC covers products of cage type and drum type.

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