Anhui Wanwei Updated High-Tech Material Industry Co (SHSE:600063) Days Sales Outstanding : 32.24 (As of Sep. 2024)

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What is Anhui Wanwei Updated High-Tech Material Industry Co Days Sales Outstanding?

Anhui Wanwei Updated High-Tech Material Industry Co's average Accounts Receivable for the three months ended in Sep. 2024 was ¥734 Mil. Anhui Wanwei Updated High-Tech Material Industry Co's Revenue for the three months ended in Sep. 2024 was ¥2,076 Mil. Hence, Anhui Wanwei Updated High-Tech Material Industry Co's Days Sales Outstanding for the three months ended in Sep. 2024 was 32.24.

The historical rank and industry rank for Anhui Wanwei Updated High-Tech Material Industry Co's Days Sales Outstanding or its related term are showing as below:

SHSE:600063' s Days Sales Outstanding Range Over the Past 10 Years
Min: 11.17 Med: 20.58 Max: 34.69
Current: 31.88

During the past 13 years, Anhui Wanwei Updated High-Tech Material Industry Co's highest Days Sales Outstanding was 34.69. The lowest was 11.17. And the median was 20.58.

SHSE:600063's Days Sales Outstanding is ranked better than
85.19% of 1519 companies
in the Chemicals industry
Industry Median: 65.15 vs SHSE:600063: 31.88

Anhui Wanwei Updated High-Tech Material Industry Co's Days Sales Outstanding increased from Sep. 2023 (29.81) to Sep. 2024 (32.24).

Anhui Wanwei Updated High-Tech Material Industry Co Days Sales Outstanding Historical Data

The historical data trend for Anhui Wanwei Updated High-Tech Material 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.

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Anhui Wanwei Updated High-Tech Material Industry Co Days Sales Outstanding Chart

Anhui Wanwei Updated High-Tech Material Industry Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

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19.53

11.17

13.72

17.41

21.62

Anhui Wanwei Updated High-Tech Material Industry Co Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Days Sales Outstanding	Get a 7-Day Free Trial															29.81	34.49	26.38	29.34	32.24

Competitive Comparison of Anhui Wanwei Updated High-Tech Material Industry Co's Days Sales Outstanding

For the Chemicals subindustry, Anhui Wanwei Updated High-Tech Material 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.

Anhui Wanwei Updated High-Tech Material Industry Co's Days Sales Outstanding Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Anhui Wanwei Updated High-Tech Material Industry Co's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where Anhui Wanwei Updated High-Tech Material Industry Co's Days Sales Outstanding falls into.

Anhui Wanwei Updated High-Tech Material 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.

Anhui Wanwei Updated High-Tech Material 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
=	( (570.409	+	408.345)	/	2 )	/	8262.607	*	365
=	489.377					/	8262.607	*	365
=	21.62

Anhui Wanwei Updated High-Tech Material Industry Co's Days Sales Outstanding for the quarter that ended in Sep. 2024 is calculated as:

	Days Sales Outstanding (Q: Sep. 2024 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Jun. 2024 )	+	Accounts Receivable (A: Sep. 2024 ))	/	count )	/	Revenue (A: Sep. 2024 )	*	Days in Period
=	( (703.205	+	763.978)	/	2 )	/	2076.237	*	365 / 4
=	733.5915					/	2076.237	*	365 / 4
=	32.24

Anhui Wanwei Updated High-Tech Material Industry Co (SHSE:600063) Days Sales Outstanding Explanation

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

Anhui Wanwei Updated High-Tech Material Industry Co Days Sales Outstanding Related Terms

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Anhui Wanwei Updated High-Tech Material Industry Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Anhui Wanwei Updated High-Tech Material Industry Co Ltd (SHSE:600063) » Definitions » Days Sales Outstanding

Traded in Other Exchanges

N/A

Address

No. 56 Chao Wei Road, Chaohu, Anhui, CHN, 238002

Website

http://www.wwgf.com.cn

Anhui Wanwei Updated High-Tech Material Industry Co Ltd is a China-based company engaged in the development, production, and sales of polyvinyl alcohol and related products. Its main products include PVA, cement, PVA ultrashort fiber, slices, Vinyl Acetateethylene Emulsion (VAE) emulsion, rubber powder, methyl acetate and vinyl acetate, among others. The company distributes its products within domestic market and to overseas markets.

Executives

Gao Shen Bao	Director
Xu Shou Qing	senior management
Wu Shang Yi	Director
Zhang Zheng He	Director
Gao Shen Bao	Director
Wu Fu Sheng	Director
Wu Lin	Director
Sha Jian Bao	senior management
Li Tai	senior management
Ji Xue Yong	Director
Sheng Wei Lin	Director
Tang Hua Zhang	Director
Xu Ju Sheng	Supervisors
Qian Dao Zhang	Supervisors
Yang Ke Zhong	Director

Anhui Wanwei Updated High-Tech Material Industry Co Headlines

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