Luoyang Kechuang New Material Co (BJSE:833580) Days Sales Outstanding : 236.07 (As of Jun. 2024)

View and export this data going back to 2022. Start your Free Trial

What is Luoyang Kechuang New Material Co Days Sales Outstanding?

Luoyang Kechuang New Material Co's average Accounts Receivable for the three months ended in Jun. 2024 was ¥72.8 Mil. Luoyang Kechuang New Material Co's Revenue for the three months ended in Jun. 2024 was ¥28.1 Mil. Hence, Luoyang Kechuang New Material Co's Days Sales Outstanding for the three months ended in Jun. 2024 was 236.07.

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

BJSE:833580' s Days Sales Outstanding Range Over the Past 10 Years
Min: 167.23 Med: 265.4 Max: 390.72
Current: 247.44

During the past 11 years, Luoyang Kechuang New Material Co's highest Days Sales Outstanding was 390.72. The lowest was 167.23. And the median was 265.40.

BJSE:833580's Days Sales Outstanding is ranked worse than
94.55% of 385 companies
in the Building Materials industry
Industry Median: 56.07 vs BJSE:833580: 247.44

Luoyang Kechuang New Material Co's Days Sales Outstanding increased from Jun. 2023 (231.59) to Jun. 2024 (236.07).

Luoyang Kechuang New Material Co Days Sales Outstanding Historical Data

The historical data trend for Luoyang Kechuang New Material 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.

Luoyang Kechuang New Material Co Days Sales Outstanding Chart

Luoyang Kechuang New Material Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

Get a 7-Day Free Trial

167.23

191.06

212.38

268.29

283.72

Luoyang Kechuang New Material Co Quarterly Data
	Jun18	Dec18	Jun19	Dec19	Jun20	Sep20	Dec20	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24
Days Sales Outstanding	Get a 7-Day Free Trial															231.59	240.14	192.49	369.95	236.07

Competitive Comparison of Luoyang Kechuang New Material Co's Days Sales Outstanding

For the Building Materials subindustry, Luoyang Kechuang New Material 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.

Luoyang Kechuang New Material Co's Days Sales Outstanding Distribution in the Building Materials Industry

For the Building Materials industry and Basic Materials sector, Luoyang Kechuang New Material Co's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where Luoyang Kechuang New Material Co's Days Sales Outstanding falls into.

Luoyang Kechuang New Material 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.

Luoyang Kechuang New Material 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
=	( (87.317	+	77.618)	/	2 )	/	106.094	*	365
=	82.4675					/	106.094	*	365
=	283.72

Luoyang Kechuang New Material Co's Days Sales Outstanding for the quarter that ended in Jun. 2024 is calculated as:

	Days Sales Outstanding (Q: Jun. 2024 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Mar. 2024 )	+	Accounts Receivable (A: Jun. 2024 ))	/	count )	/	Revenue (A: Jun. 2024 )	*	Days in Period
=	( (72.671	+	72.833)	/	2 )	/	28.121	*	365 / 4
=	72.752					/	28.121	*	365 / 4
=	236.07

Luoyang Kechuang New Material Co (BJSE:833580) Days Sales Outstanding Explanation

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

Luoyang Kechuang New Material Co Days Sales Outstanding Related Terms

Thank you for viewing the detailed overview of Luoyang Kechuang New Material Co's Days Sales Outstanding provided by GuruFocus.com. Please click on the following links to see related term pages.

Luoyang Kechuang New Material Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Building Materials » Luoyang Kechuang New Material Co Ltd (BJSE:833580) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

N/A

Address

Dongwei 2nd Road, Jingjin Road,, Luoxin Industrial Cluster Area, Cijian Town, Xin'an County, Henan Province, Luoyang City, CHN, 471822

Website

http://www.kcnh.com

Luoyang Kechuang New Material Co Ltd engages in research and development, production, and sales of refractory materials for steel, nonferrous metals, and other industries. The company produces ladle bottom blowing argon gas permeable components, tundish and electric furnace refractories, castables, thermal insulation and anti-seepage materials, and others.

Luoyang Kechuang New Material Co Headlines

No Headlines