Guangdong Guanhao High-Tech Co (SHSE:600433) Days Sales Outstanding : 49.31 (As of Mar. 2024)

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What is Guangdong Guanhao High-Tech Co Days Sales Outstanding?

Guangdong Guanhao High-Tech Co's average Accounts Receivable for the three months ended in Mar. 2024 was ¥913 Mil. Guangdong Guanhao High-Tech Co's Revenue for the three months ended in Mar. 2024 was ¥1,690 Mil. Hence, Guangdong Guanhao High-Tech Co's Days Sales Outstanding for the three months ended in Mar. 2024 was 49.31.

The historical rank and industry rank for Guangdong Guanhao High-Tech Co's Days Sales Outstanding or its related term are showing as below:

SHSE:600433' s Days Sales Outstanding Range Over the Past 10 Years
Min: 35.28 Med: 51.52 Max: 73.82
Current: 46.58

During the past 13 years, Guangdong Guanhao High-Tech Co's highest Days Sales Outstanding was 73.82. The lowest was 35.28. And the median was 51.52.

SHSE:600433's Days Sales Outstanding is ranked better than
58.74% of 286 companies
in the Forest Products industry
Industry Median: 53.98 vs SHSE:600433: 46.58

Guangdong Guanhao High-Tech Co's Days Sales Outstanding declined from Mar. 2023 (51.77) to Mar. 2024 (49.31).

Guangdong Guanhao High-Tech Co Days Sales Outstanding Historical Data

The historical data trend for Guangdong Guanhao High-Tech 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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Guangdong Guanhao High-Tech Co Days Sales Outstanding Chart

Guangdong Guanhao High-Tech Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

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48.81

35.28

42.18

37.46

45.06

Guangdong Guanhao High-Tech Co Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Days Sales Outstanding	Get a 7-Day Free Trial															51.77	47.11	46.81	45.04	49.31

Competitive Comparison of Guangdong Guanhao High-Tech Co's Days Sales Outstanding

For the Paper & Paper Products subindustry, Guangdong Guanhao High-Tech 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.

Guangdong Guanhao High-Tech Co's Days Sales Outstanding Distribution in the Forest Products Industry

For the Forest Products industry and Basic Materials sector, Guangdong Guanhao High-Tech Co's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where Guangdong Guanhao High-Tech Co's Days Sales Outstanding falls into.

Guangdong Guanhao High-Tech 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.

Guangdong Guanhao High-Tech 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
=	( (890.855	+	937.005)	/	2 )	/	7403.37	*	365
=	913.93					/	7403.37	*	365
=	45.06

Guangdong Guanhao High-Tech 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
=	( (937.005	+	889.511)	/	2 )	/	1689.921	*	365 / 4
=	913.258					/	1689.921	*	365 / 4
=	49.31

Guangdong Guanhao High-Tech Co (SHSE:600433) Days Sales Outstanding Explanation

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

Guangdong Guanhao High-Tech Co Days Sales Outstanding Related Terms

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Guangdong Guanhao High-Tech Co (SHSE:600433) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Forest Products » Guangdong Guanhao High-Tech Co Ltd (SHSE:600433) » Definitions » Days Sales Outstanding

Traded in Other Exchanges

N/A

Address

Changping Road, Zhanjiang Economy and Technology Development Zone, Guangdong, Zhanjiang, CHN, 524022

Website

http://www.guanhao.com

Guangdong Guanhao High-Tech Co Ltd is a China-based company engages in the paper production business. Its products include common carbonless copy paper, special purpose carbonless copy paper and other carbonless copy paper. Its thermal paper products are mainly used in the manufacturing of bills, tags, fax materials and others.

Executives

Liang Min	senior management
Xie Xian Long	Director
Liu Li Xin	senior management
Zhang Hong	Director
Zhuo Hao	senior management
Ding Guo Qiang	senior management
Li Fei	Directors, senior managers
Wang Qi	Director
Huang Yang Xu	Director

Guangdong Guanhao High-Tech Co (SHSE:600433) Headlines

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