Sinochem International (SHSE:600500) Days Sales Outstanding : 26.46 (As of Mar. 2024)

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What is Sinochem International Days Sales Outstanding?

Sinochem International's average Accounts Receivable for the three months ended in Mar. 2024 was ¥3,369 Mil. Sinochem International's Revenue for the three months ended in Mar. 2024 was ¥11,617 Mil. Hence, Sinochem International's Days Sales Outstanding for the three months ended in Mar. 2024 was 26.46.

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

SHSE:600500' s Days Sales Outstanding Range Over the Past 10 Years
Min: 15.39 Med: 27.16 Max: 30.16
Current: 25.76

During the past 13 years, Sinochem International's highest Days Sales Outstanding was 30.16. The lowest was 15.39. And the median was 27.16.

SHSE:600500's Days Sales Outstanding is ranked better than
86.84% of 494 companies
in the Conglomerates industry
Industry Median: 61.645 vs SHSE:600500: 25.76

Sinochem International's Days Sales Outstanding increased from Mar. 2023 (23.11) to Mar. 2024 (26.46).

Sinochem International Days Sales Outstanding Historical Data

The historical data trend for Sinochem International'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.

* Premium members only.

Sinochem International Days Sales Outstanding Chart

Sinochem International Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

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29.69

28.41

17.52

15.39

22.23

Sinochem International 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															23.11	24.97	24.50	25.99	26.46

Competitive Comparison of Sinochem International's Days Sales Outstanding

For the Conglomerates subindustry, Sinochem International'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.

Sinochem International's Days Sales Outstanding Distribution in the Conglomerates Industry

For the Conglomerates industry and Industrials sector, Sinochem International's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where Sinochem International's Days Sales Outstanding falls into.

Sinochem International 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.

Sinochem International'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
=	( (3694.834	+	2917.212)	/	2 )	/	54272.292	*	365
=	3306.023					/	54272.292	*	365
=	22.23

Sinochem International'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
=	( (2917.212	+	3821.12)	/	2 )	/	11616.732	*	365 / 4
=	3369.166					/	11616.732	*	365 / 4
=	26.46

Sinochem International (SHSE:600500) Days Sales Outstanding Explanation

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

Sinochem International Days Sales Outstanding Related Terms

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Sinochem International (SHSE:600500) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Conglomerates » Sinochem International Corp (SHSE:600500) » Definitions » Days Sales Outstanding

Traded in Other Exchanges

N/A

Address

NO.233 North Changqing Road, Sinochem International Plaza, Pudong, Shanghai, Shanghai, CHN, 200125

Website

http://www.sinochemintl.com

Sinochem International Corporation engages in the natural rubber, new material, rubber chemical, agrochemical, logistics, and distribution and trade businesses worldwide. Some of the products offered by the company include Waterborne acrylic emulsions, Crosslinkers, Crosslinkers, Epoxy Resins and Polymer Polyols.

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