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Shanxi Yongdong Chemistry Industry Co (SZSE:002753) Days Sales Outstanding : 64.32 (As of Mar. 2024)


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What is Shanxi Yongdong Chemistry Industry Co Days Sales Outstanding?

Shanxi Yongdong Chemistry Industry Co's average Accounts Receivable for the three months ended in Mar. 2024 was ¥677 Mil. Shanxi Yongdong Chemistry Industry Co's Revenue for the three months ended in Mar. 2024 was ¥960 Mil. Hence, Shanxi Yongdong Chemistry Industry Co's Days Sales Outstanding for the three months ended in Mar. 2024 was 64.32.

The historical rank and industry rank for Shanxi Yongdong Chemistry Industry Co's Days Sales Outstanding or its related term are showing as below:

SZSE:002753' s Days Sales Outstanding Range Over the Past 10 Years
Min: 49.54   Med: 58   Max: 69.11
Current: 56.71

During the past 13 years, Shanxi Yongdong Chemistry Industry Co's highest Days Sales Outstanding was 69.11. The lowest was 49.54. And the median was 58.00.

SZSE:002753's Days Sales Outstanding is ranked better than
58.26% of 1526 companies
in the Chemicals industry
Industry Median: 63.605 vs SZSE:002753: 56.71

Shanxi Yongdong Chemistry Industry Co's Days Sales Outstanding increased from Mar. 2023 (61.13) to Mar. 2024 (64.32).


Shanxi Yongdong Chemistry Industry Co Days Sales Outstanding Historical Data

The historical data trend for Shanxi Yongdong Chemistry 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.

* Premium members only.

Shanxi Yongdong Chemistry Industry Co Days Sales Outstanding Chart

Shanxi Yongdong Chemistry Industry Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Sales Outstanding
Get a 7-Day Free Trial Premium Member Only Premium Member Only 51.84 69.11 55.28 57.73 58.26

Shanxi Yongdong Chemistry Industry 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 61.13 61.31 50.32 50.50 64.32

Competitive Comparison of Shanxi Yongdong Chemistry Industry Co's Days Sales Outstanding

For the Specialty Chemicals subindustry, Shanxi Yongdong Chemistry 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.


Shanxi Yongdong Chemistry Industry Co's Days Sales Outstanding Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Shanxi Yongdong Chemistry Industry Co's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where Shanxi Yongdong Chemistry Industry Co's Days Sales Outstanding falls into.



Shanxi Yongdong Chemistry 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.

Shanxi Yongdong Chemistry 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
=( (752.305 + 704.272) / 2 ) / 4562.985*365
=728.2885 / 4562.985*365
=58.26

Shanxi Yongdong Chemistry Industry 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
=( (704.272 + 649.332) / 2 ) / 960.104*365 / 4
=676.802 / 960.104*365 / 4
=64.32

* 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.


Shanxi Yongdong Chemistry Industry Co  (SZSE:002753) Days Sales Outstanding Explanation

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


Shanxi Yongdong Chemistry Industry Co Days Sales Outstanding Related Terms

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Shanxi Yongdong Chemistry Industry Co (SZSE:002753) Business Description

Traded in Other Exchanges
N/A
Address
Gaoqu Village, Xishe Town, Bishan County, Shanxi Province, Yuncheng, CHN, 043205
Shanxi Yongdong Chemistry Industry Co Ltd is engaged in manufacturing carbon black for rubber and chemical products.

Shanxi Yongdong Chemistry Industry Co (SZSE:002753) Headlines

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