Hangzhou Refromer Holding Co (BJSE:833030) Days Sales Outstanding : 486.75 (As of Mar. 2024)

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What is Hangzhou Refromer Holding Co Days Sales Outstanding?

Hangzhou Refromer Holding Co's average Accounts Receivable for the three months ended in Mar. 2024 was ¥294.8 Mil. Hangzhou Refromer Holding Co's Revenue for the three months ended in Mar. 2024 was ¥55.3 Mil. Hence, Hangzhou Refromer Holding Co's Days Sales Outstanding for the three months ended in Mar. 2024 was 486.75.

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

BJSE:833030' s Days Sales Outstanding Range Over the Past 10 Years
Min: 91.77 Med: 183.65 Max: 532.68
Current: 532.68

During the past 11 years, Hangzhou Refromer Holding Co's highest Days Sales Outstanding was 532.68. The lowest was 91.77. And the median was 183.65.

BJSE:833030's Days Sales Outstanding is ranked worse than
98.88% of 2952 companies
in the Industrial Products industry
Industry Median: 79.815 vs BJSE:833030: 532.68

Hangzhou Refromer Holding Co's Days Sales Outstanding increased from Dec. 2022 (0.00) to Mar. 2024 (486.75).

Warning Sign:

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

Hangzhou Refromer Holding Co Days Sales Outstanding Historical Data

The historical data trend for Hangzhou Refromer Holding 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 Refromer Holding Co Days Sales Outstanding Chart

Hangzhou Refromer Holding Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

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188.18

171.23

182.97

207.44

220.81

Hangzhou Refromer Holding Co Quarterly Data
	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Sep20	Dec20	Jun21	Sep21	Dec21	Mar22	Jun22	Dec22	Mar23	Jun23	Dec23	Mar24
Days Sales Outstanding	Get a 7-Day Free Trial															-	426.17	172.00	-	486.75

Competitive Comparison of Hangzhou Refromer Holding Co's Days Sales Outstanding

For the Specialty Industrial Machinery subindustry, Hangzhou Refromer Holding 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 Refromer Holding Co's Days Sales Outstanding Distribution in the Industrial Products Industry

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

* The bar in red indicates where Hangzhou Refromer Holding Co's Days Sales Outstanding falls into.

Hangzhou Refromer Holding 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 Refromer Holding 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
=	( (277.266	+	304.82)	/	2 )	/	481.101	*	365
=	291.043					/	481.101	*	365
=	220.81

Hangzhou Refromer Holding 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
=	( (304.82	+	284.843)	/	2 )	/	55.272	*	365 / 4
=	294.8315					/	55.272	*	365 / 4
=	486.75

Hangzhou Refromer Holding Co (BJSE:833030) 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 Refromer Holding Co Days Sales Outstanding Related Terms

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Hangzhou Refromer Holding Co (BJSE:833030) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Hangzhou Refromer Holding Co Ltd (BJSE:833030) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 780 Wen'er West Road, Building C, Xixi Ginza, Xihu, Zhejiang, Hangzhou, CHN, 310012

Website

https://www.reformer.com.cn

Hangzhou Refromer Holding Co Ltd is the country's leading smart IoT solution provider and operation service provider with identification technology as its core. Based on IoT technology, It provides equipment systems and operation services for smart parking, access control channels and safety emergency, as well as a complete set of solutions.

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