Guizhou Redstar Developing Co (SHSE:600367) Days Sales Outstanding : 44.31 (As of Sep. 2024)

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What is Guizhou Redstar Developing Co Days Sales Outstanding?

Guizhou Redstar Developing Co's average Accounts Receivable for the three months ended in Sep. 2024 was ¥276 Mil. Guizhou Redstar Developing Co's Revenue for the three months ended in Sep. 2024 was ¥569 Mil. Hence, Guizhou Redstar Developing Co's Days Sales Outstanding for the three months ended in Sep. 2024 was 44.31.

The historical rank and industry rank for Guizhou Redstar Developing Co's Days Sales Outstanding or its related term are showing as below:

SHSE:600367' s Days Sales Outstanding Range Over the Past 10 Years
Min: 30.7 Med: 45.77 Max: 56.25
Current: 42.89

During the past 13 years, Guizhou Redstar Developing Co's highest Days Sales Outstanding was 56.25. The lowest was 30.70. And the median was 45.77.

SHSE:600367's Days Sales Outstanding is ranked better than
76.06% of 1529 companies
in the Chemicals industry
Industry Median: 65.28 vs SHSE:600367: 42.89

Guizhou Redstar Developing Co's Days Sales Outstanding declined from Sep. 2023 (45.12) to Sep. 2024 (44.31).

Guizhou Redstar Developing Co Days Sales Outstanding Historical Data

The historical data trend for Guizhou Redstar Developing 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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Guizhou Redstar Developing Co Days Sales Outstanding Chart

Guizhou Redstar Developing Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

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44.71

50.35

30.70

31.08

38.42

Guizhou Redstar Developing 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															45.12	35.41	44.68	44.72	44.31

Competitive Comparison of Guizhou Redstar Developing Co's Days Sales Outstanding

For the Chemicals subindustry, Guizhou Redstar Developing 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.

Guizhou Redstar Developing Co's Days Sales Outstanding Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Guizhou Redstar Developing Co's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where Guizhou Redstar Developing Co's Days Sales Outstanding falls into.

Guizhou Redstar Developing 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.

Guizhou Redstar Developing 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
=	( (255.566	+	206.945)	/	2 )	/	2196.852	*	365
=	231.2555					/	2196.852	*	365
=	38.42

Guizhou Redstar Developing 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
=	( (263.681	+	289.027)	/	2 )	/	569.121	*	365 / 4
=	276.354					/	569.121	*	365 / 4
=	44.31

Guizhou Redstar Developing Co (SHSE:600367) Days Sales Outstanding Explanation

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

Guizhou Redstar Developing Co Days Sales Outstanding Related Terms

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Guizhou Redstar Developing Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Guizhou Redstar Developing Co Ltd (SHSE:600367) » Definitions » Days Sales Outstanding

Traded in Other Exchanges

N/A

Address

Dingqi Town, Zhenning County, Anshun, Guizhou, CHN, 561206

Website

http://www.hxfz.com.cn

Guizhou Redstar Developing Co Ltd is engaged in the production of barium carbonate, electrolytic manganese dioxide, insoluble sulfur, thiourea, sulfur, barium sulfate, barium nitrate, barium chloride, and marigold. The products are used in the electronic information industry, chemical industry, light industry, metallurgy and ceramics industry.

Executives

Gao Yue Fei	Director
Liu Zheng Tao	senior management
Wan Yang	Directors, senior managers
Guo Han Guang	Director
Liang Qi Bo	Directors, senior managers
Luo Jian Ping	senior management
Geng Zhen	senior management
Chen Guo Qiang	senior management
Meng Fan Zhen	Supervisors
Wen Xia	Director
Hua Dong	senior management
Liu Xiang Yu	senior management
Yu Kong Hua	senior management

Guizhou Redstar Developing Co Headlines

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