Hangzhou Great Star Industrial Co (SZSE:002444) Days Sales Outstanding : 80.28 (As of Dec. 2023)

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What is Hangzhou Great Star Industrial Co Days Sales Outstanding?

Hangzhou Great Star Industrial Co's average Accounts Receivable for the three months ended in Dec. 2023 was ¥2,041 Mil. Hangzhou Great Star Industrial Co's Revenue for the three months ended in Dec. 2023 was ¥2,320 Mil. Hence, Hangzhou Great Star Industrial Co's Days Sales Outstanding for the three months ended in Dec. 2023 was 80.28.

The historical rank and industry rank for Hangzhou Great Star Industrial Co's Days Sales Outstanding or its related term are showing as below:

SZSE:002444' s Days Sales Outstanding Range Over the Past 10 Years
Min: 50.56 Med: 65.72 Max: 89.15
Current: 63.86

During the past 13 years, Hangzhou Great Star Industrial Co's highest Days Sales Outstanding was 89.15. The lowest was 50.56. And the median was 65.72.

SZSE:002444's Days Sales Outstanding is ranked better than
69% of 2958 companies
in the Industrial Products industry
Industry Median: 79.14 vs SZSE:002444: 63.86

Hangzhou Great Star Industrial Co's Days Sales Outstanding increased from Dec. 2022 (65.51) to Dec. 2023 (80.28).

Hangzhou Great Star Industrial Co Days Sales Outstanding Historical Data

The historical data trend for Hangzhou Great Star Industrial 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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Hangzhou Great Star Industrial Co Days Sales Outstanding Chart

Hangzhou Great Star Industrial Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

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60.43

50.56

51.11

53.47

66.76

Hangzhou Great Star Industrial 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															65.51	66.24	60.78	50.85	80.28

Competitive Comparison of Hangzhou Great Star Industrial Co's Days Sales Outstanding

For the Tools & Accessories subindustry, Hangzhou Great Star Industrial 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.

Hangzhou Great Star Industrial Co's Days Sales Outstanding Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Hangzhou Great Star Industrial Co's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where Hangzhou Great Star Industrial Co's Days Sales Outstanding falls into.

Hangzhou Great Star Industrial 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.

Hangzhou Great Star Industrial 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
=	( (1896.686	+	2101.643)	/	2 )	/	10929.993	*	365
=	1999.1645					/	10929.993	*	365
=	66.76

Hangzhou Great Star Industrial 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
=	( (1980.224	+	2101.643)	/	2 )	/	2319.775	*	365 / 4
=	2040.9335					/	2319.775	*	365 / 4
=	80.28

Hangzhou Great Star Industrial Co (SZSE:002444) Days Sales Outstanding Explanation

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

Hangzhou Great Star Industrial Co Days Sales Outstanding Related Terms

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Hangzhou Great Star Industrial Co (SZSE:002444) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Hangzhou Great Star Industrial Co Ltd (SZSE:002444) » Definitions » Days Sales Outstanding

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Traded in Other Exchanges

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Address

No.35 Jiuhuan Road, Shangcheng District, Zhejiang, Hangzhou, CHN, 310019

Website

http://www.greatstartools.com

Hangzhou Great Star Industrial Co Ltd is a developer, manufacturer, and supplier of tools, the company is a hand tool vendor in Asia. Its products include Hand tools; Specialty tools like drywall tools, masonry tools, painting tools, tile tools, electrical tools, plumbing tools, automotive tools, Garden tools; Power tools, Tool sets, Flashlights.

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