China Vanadium Titano-Magnetite Mining Co (FRA:CV8S) Days Sales Outstanding : 18.22 (As of Dec. 2023)

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What is China Vanadium Titano-Magnetite Mining Co Days Sales Outstanding?

China Vanadium Titano-Magnetite Mining Co's average Accounts Receivable for the six months ended in Dec. 2023 was €6.5 Mil. China Vanadium Titano-Magnetite Mining Co's Revenue for the six months ended in Dec. 2023 was €64.7 Mil. Hence, China Vanadium Titano-Magnetite Mining Co's Days Sales Outstanding for the six months ended in Dec. 2023 was 18.22.

The historical rank and industry rank for China Vanadium Titano-Magnetite Mining Co's Days Sales Outstanding or its related term are showing as below:

FRA:CV8S' s Days Sales Outstanding Range Over the Past 10 Years
Min: 47.96 Med: 103.36 Max: 283.8
Current: 47.96

During the past 13 years, China Vanadium Titano-Magnetite Mining Co's highest Days Sales Outstanding was 283.80. The lowest was 47.96. And the median was 103.36.

FRA:CV8S's Days Sales Outstanding is ranked better than
51.68% of 596 companies
in the Steel industry
Industry Median: 49.815 vs FRA:CV8S: 47.96

China Vanadium Titano-Magnetite Mining Co's Days Sales Outstanding declined from Dec. 2022 (79.50) to Dec. 2023 (18.22).

China Vanadium Titano-Magnetite Mining Co Days Sales Outstanding Historical Data

The historical data trend for China Vanadium Titano-Magnetite Mining 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.

China Vanadium Titano-Magnetite Mining Co Days Sales Outstanding Chart

China Vanadium Titano-Magnetite Mining Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

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108.33

143.25

92.08

103.31

73.47

China Vanadium Titano-Magnetite Mining Co Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Days Sales Outstanding	Get a 7-Day Free Trial															105.47	161.05	79.50	69.78	18.22

Competitive Comparison of China Vanadium Titano-Magnetite Mining Co's Days Sales Outstanding

For the Steel subindustry, China Vanadium Titano-Magnetite Mining 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.

China Vanadium Titano-Magnetite Mining Co's Days Sales Outstanding Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, China Vanadium Titano-Magnetite Mining Co's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where China Vanadium Titano-Magnetite Mining Co's Days Sales Outstanding falls into.

China Vanadium Titano-Magnetite Mining 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.

China Vanadium Titano-Magnetite Mining 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
=	( (27.701	+	12.88)	/	2 )	/	100.81	*	365
=	20.2905					/	100.81	*	365
=	73.47

China Vanadium Titano-Magnetite Mining 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: Jun. 2023 )	+	Accounts Receivable (A: Dec. 2023 ))	/	count )	/	Revenue (A: Dec. 2023 )	*	Days in Period
=	( (0.035	+	12.88)	/	2 )	/	64.667	*	365 / 2
=	6.4575					/	64.667	*	365 / 2
=	18.22

China Vanadium Titano-Magnetite Mining Co (FRA:CV8S) Days Sales Outstanding Explanation

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

China Vanadium Titano-Magnetite Mining Co Days Sales Outstanding Related Terms

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China Vanadium Titano-Magnetite Mining Co (FRA:CV8S) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » China Vanadium Titano-Magnetite Mining Co Ltd (FRA:CV8S) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

00893:Hong Kong

Address

1 Matheson Street, 31st Floor, Tower Two Times Square, Causeway Bay, Hong Kong, HKG

Website

https://www.chinavtmmining.com

China Vanadium Titano-Magnetite Mining Co Ltd is engaged in mining and ore processing; sale of self-produced products; trading of steels; management of strategic investments; and rendering of specialized mining services. Its segments include the High-Fe Mining operation segment comprises the operation of the sale of self-produced high-grade iron concentrates within the range of 65% TFe to 72% TFe and the provision of consultancy and management services; the Trading segment comprises the operation of the sale of traded products; and the Corporate and others segment covers the nonoperating activities supporting the group which includes the central functions such as the functional costs that have not been allocated to the other segments.

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