Huafang Co (SHSE:600448) Days Sales Outstanding : 40.94 (As of Mar. 2024)

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What is Huafang Co Days Sales Outstanding?

Huafang Co's average Accounts Receivable for the three months ended in Mar. 2024 was ¥297 Mil. Huafang Co's Revenue for the three months ended in Mar. 2024 was ¥661 Mil. Hence, Huafang Co's Days Sales Outstanding for the three months ended in Mar. 2024 was 40.94.

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

SHSE:600448' s Days Sales Outstanding Range Over the Past 10 Years
Min: 20.78 Med: 29.17 Max: 48.62
Current: 48.62

During the past 13 years, Huafang Co's highest Days Sales Outstanding was 48.62. The lowest was 20.78. And the median was 29.17.

SHSE:600448's Days Sales Outstanding is ranked better than
54.66% of 1030 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 52.78 vs SHSE:600448: 48.62

Huafang Co's Days Sales Outstanding declined from Mar. 2023 (57.49) to Mar. 2024 (40.94).

Huafang Co Days Sales Outstanding Historical Data

The historical data trend for Huafang 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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Huafang Co Days Sales Outstanding Chart

Huafang Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

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30.85

29.33

35.29

42.76

47.18

Huafang 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															57.49	46.88	49.09	65.46	40.94

Competitive Comparison of Huafang Co's Days Sales Outstanding

For the Textile Manufacturing subindustry, Huafang 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.

Huafang Co's Days Sales Outstanding Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Huafang Co's Days Sales Outstanding distribution charts can be found below:

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

Huafang 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.

Huafang 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
=	( (433.774	+	289.4)	/	2 )	/	2797.51	*	365
=	361.587					/	2797.51	*	365
=	47.18

Huafang 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
=	( (289.4	+	304.077)	/	2 )	/	661.415	*	365 / 4
=	296.7385					/	661.415	*	365 / 4
=	40.94

Huafang Co (SHSE:600448) Days Sales Outstanding Explanation

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

Huafang Co Days Sales Outstanding Related Terms

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Huafang Co (SHSE:600448) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » Huafang Co Ltd (SHSE:600448) » Definitions » Days Sales Outstanding

Traded in Other Exchanges

N/A

Address

No. 819 Huanghe 2nd Road, Shandong Province, Binzhou, CHN, 256617

Website

http://www.hfgf.cn

Huafang Co Ltd is engaged in the production, distribution and export of fabrics, printed fabrics, textile fabrics, bedding, and dresses. The company provides textile products, fabric series, cloth series, bedding series, clothing line & among others.

Executives

Zhao Yu Zhong	Director
Yan Ying Shan	Director
Sheng Shou Xiang	senior management
Wang Guo Dong	Supervisors
Ju Li Yan	senior management
Liu Shui Chao	Director
Wang Li Min	Director
Liu Lian Fei	Supervisors
Chen Bao Jun	Director
Li Feng Ming	senior management
Bao Fang Ming	Director
Luo Wei Xin	senior management
Qin Hong Zhang	Supervisors

Huafang Co (SHSE:600448) Headlines

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