Wuxi Dingbang Heat Exchange Equipment Co (BJSE:872931) Days Sales Outstanding : 111.95 (As of Mar. 2024)

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What is Wuxi Dingbang Heat Exchange Equipment Co Days Sales Outstanding?

Wuxi Dingbang Heat Exchange Equipment Co's average Accounts Receivable for the three months ended in Mar. 2024 was ¥128.5 Mil. Wuxi Dingbang Heat Exchange Equipment Co's Revenue for the three months ended in Mar. 2024 was ¥104.8 Mil. Hence, Wuxi Dingbang Heat Exchange Equipment Co's Days Sales Outstanding for the three months ended in Mar. 2024 was 111.95.

The historical rank and industry rank for Wuxi Dingbang Heat Exchange Equipment Co's Days Sales Outstanding or its related term are showing as below:

BJSE:872931' s Days Sales Outstanding Range Over the Past 10 Years
Min: 99.18 Med: 111.88 Max: 207.12
Current: 113.56

During the past 8 years, Wuxi Dingbang Heat Exchange Equipment Co's highest Days Sales Outstanding was 207.12. The lowest was 99.18. And the median was 111.88.

BJSE:872931's Days Sales Outstanding is ranked worse than
73.51% of 2944 companies
in the Industrial Products industry
Industry Median: 79.815 vs BJSE:872931: 113.56

Wuxi Dingbang Heat Exchange Equipment Co's Days Sales Outstanding declined from Mar. 2023 (125.34) to Mar. 2024 (111.95).

Warning Sign:

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

Wuxi Dingbang Heat Exchange Equipment Co Days Sales Outstanding Historical Data

The historical data trend for Wuxi Dingbang Heat Exchange 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.

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Wuxi Dingbang Heat Exchange Equipment Co Days Sales Outstanding Chart

Wuxi Dingbang Heat Exchange Equipment Co Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

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101.97

99.18

110.64

113.12

101.45

Wuxi Dingbang Heat Exchange Equipment Co Quarterly Data
	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Days Sales Outstanding	Get a 7-Day Free Trial															125.34	105.25	143.53	111.84	111.95

Competitive Comparison of Wuxi Dingbang Heat Exchange Equipment Co's Days Sales Outstanding

For the Specialty Industrial Machinery subindustry, Wuxi Dingbang Heat Exchange 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.

Wuxi Dingbang Heat Exchange Equipment Co's Days Sales Outstanding Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Wuxi Dingbang Heat Exchange Equipment Co's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where Wuxi Dingbang Heat Exchange Equipment Co's Days Sales Outstanding falls into.

Wuxi Dingbang Heat Exchange 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.

Wuxi Dingbang Heat Exchange 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
=	( (124.254	+	119.473)	/	2 )	/	438.445	*	365
=	121.8635					/	438.445	*	365
=	101.45

Wuxi Dingbang Heat Exchange Equipment 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
=	( (119.473	+	137.593)	/	2 )	/	104.765	*	365 / 4
=	128.533					/	104.765	*	365 / 4
=	111.95

Wuxi Dingbang Heat Exchange Equipment Co (BJSE:872931) Days Sales Outstanding Explanation

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

Wuxi Dingbang Heat Exchange Equipment Co Days Sales Outstanding Related Terms

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Wuxi Dingbang Heat Exchange Equipment Co (BJSE:872931) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Wuxi Dingbang Heat Exchange Equipment Co Ltd (BJSE:872931) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

N/A

Address

Houshan South Road, No. 29, Anzhen Town, Xishan District, Jiangsu Province, Wuxi City, CHN, 214104

Website

http://www.ding-bang.com.cn

Wuxi Dingbang Heat Exchange Equipment Co Ltd is engaged in research and development, design, manufacturing and sales of special heat exchange equipment for oil refining and chemical industry. Its products includes various tube heat exchangers, spiral baffle heat exchangers, air-cooled heat exchangers (air coolers), plate-bundle heat exchangers and A2 pressure vessels, as well as planetary differential start of oil extraction machines.

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