Shandong Huatai Paper Industry Shareholding Co (SHSE:600308) Days Sales Outstanding : 33.27 (As of Jun. 2024)

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What is Shandong Huatai Paper Industry Shareholding Co Days Sales Outstanding?

Shandong Huatai Paper Industry Shareholding Co's average Accounts Receivable for the three months ended in Jun. 2024 was ¥1,129 Mil. Shandong Huatai Paper Industry Shareholding Co's Revenue for the three months ended in Jun. 2024 was ¥3,097 Mil. Hence, Shandong Huatai Paper Industry Shareholding Co's Days Sales Outstanding for the three months ended in Jun. 2024 was 33.27.

The historical rank and industry rank for Shandong Huatai Paper Industry Shareholding Co's Days Sales Outstanding or its related term are showing as below:

SHSE:600308' s Days Sales Outstanding Range Over the Past 10 Years
Min: 17.38 Med: 27.41 Max: 56.76
Current: 32.13

During the past 13 years, Shandong Huatai Paper Industry Shareholding Co's highest Days Sales Outstanding was 56.76. The lowest was 17.38. And the median was 27.41.

SHSE:600308's Days Sales Outstanding is ranked better than
81.75% of 285 companies
in the Forest Products industry
Industry Median: 55.01 vs SHSE:600308: 32.13

Shandong Huatai Paper Industry Shareholding Co's Days Sales Outstanding declined from Jun. 2023 (35.95) to Jun. 2024 (33.27).

Shandong Huatai Paper Industry Shareholding Co Days Sales Outstanding Historical Data

The historical data trend for Shandong Huatai Paper Industry Shareholding 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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Shandong Huatai Paper Industry Shareholding Co Days Sales Outstanding Chart

Shandong Huatai Paper Industry Shareholding Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

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24.69

24.44

17.38

23.47

30.13

Shandong Huatai Paper Industry Shareholding Co Quarterly Data
	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24
Days Sales Outstanding	Get a 7-Day Free Trial															35.95	33.63	31.85	28.15	33.27

Competitive Comparison of Shandong Huatai Paper Industry Shareholding Co's Days Sales Outstanding

For the Paper & Paper Products subindustry, Shandong Huatai Paper Industry Shareholding 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.

Shandong Huatai Paper Industry Shareholding Co's Days Sales Outstanding Distribution in the Forest Products Industry

For the Forest Products industry and Basic Materials sector, Shandong Huatai Paper Industry Shareholding Co's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where Shandong Huatai Paper Industry Shareholding Co's Days Sales Outstanding falls into.

Shandong Huatai Paper Industry Shareholding 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.

Shandong Huatai Paper Industry Shareholding 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
=	( (1220.514	+	973.634)	/	2 )	/	13291.297	*	365
=	1097.074					/	13291.297	*	365
=	30.13

Shandong Huatai Paper Industry Shareholding 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
=	( (1144.71	+	1113.628)	/	2 )	/	3096.77	*	365 / 4
=	1129.169					/	3096.77	*	365 / 4
=	33.27

Shandong Huatai Paper Industry Shareholding Co (SHSE:600308) Days Sales Outstanding Explanation

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

Shandong Huatai Paper Industry Shareholding Co Days Sales Outstanding Related Terms

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Shandong Huatai Paper Industry Shareholding Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Forest Products » Shandong Huatai Paper Industry Shareholding Co Ltd (SHSE:600308) » Definitions » Days Sales Outstanding

Traded in Other Exchanges

N/A

Address

Dawang Town, Guangrao County, Shandong Province, Dongying, CHN, 257335

Website

http://www.huataipaper.com

Shandong Huatai Paper Industry Shareholding Co Ltd is engaged in the manufacture and distribution of paper products and related chemical products. The groups main products are high-grade newspaper, high-grade coated paper, double adhesive tape, light adhesive tape, new textbook paper, super pressure More than 100 kinds of papers such as glossy paper, electrostatic copy paper and household paper, and more than 20 kinds of chemical products such as liquid chlorine, caustic soda and hydrogen peroxide. Geographically it operates through the region of China.

Executives

Sun Ya Jun	senior management
Wei Wen Guang	Director
Chi Yu Xiang	senior management
Li Gang	Director
Li Xiao Liang	Director
Wei Li Jun	Director
Xie Shi Bing	Supervisors
Li Li	Supervisors
Zhu Wan Liang	Director
Zhang Feng Shan	Supervisors
Ren Wen Tao	Supervisors
Li Guo Shun	Director
Chen Guo Ying	senior management
Zhu Yan Ming	Supervisors
Li Jian Hua	Director

Shandong Huatai Paper Industry Shareholding Co Headlines

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