Changchun FAWAY Automobile Components Co (SHSE:600742) Days Sales Outstanding : 59.80 (As of Mar. 2024)

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What is Changchun FAWAY Automobile Components Co Days Sales Outstanding?

Changchun FAWAY Automobile Components Co's average Accounts Receivable for the three months ended in Mar. 2024 was ¥2,952 Mil. Changchun FAWAY Automobile Components Co's Revenue for the three months ended in Mar. 2024 was ¥4,504 Mil. Hence, Changchun FAWAY Automobile Components Co's Days Sales Outstanding for the three months ended in Mar. 2024 was 59.80.

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

SHSE:600742' s Days Sales Outstanding Range Over the Past 10 Years
Min: 16.19 Med: 44.01 Max: 65.99
Current: 54.54

During the past 13 years, Changchun FAWAY Automobile Components Co's highest Days Sales Outstanding was 65.99. The lowest was 16.19. And the median was 44.01.

SHSE:600742's Days Sales Outstanding is ranked better than
56.83% of 1267 companies
in the Vehicles & Parts industry
Industry Median: 59.96 vs SHSE:600742: 54.54

Changchun FAWAY Automobile Components Co's Days Sales Outstanding declined from Mar. 2023 (67.48) to Mar. 2024 (59.80).

Changchun FAWAY Automobile Components Co Days Sales Outstanding Historical Data

The historical data trend for Changchun FAWAY Automobile Components 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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Changchun FAWAY Automobile Components Co Days Sales Outstanding Chart

Changchun FAWAY Automobile Components Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

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55.86

56.26

53.95

65.99

60.53

Changchun FAWAY Automobile Components 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															67.48	56.30	54.19	58.43	59.80

Competitive Comparison of Changchun FAWAY Automobile Components Co's Days Sales Outstanding

For the Auto Parts subindustry, Changchun FAWAY Automobile Components 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.

Changchun FAWAY Automobile Components Co's Days Sales Outstanding Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Changchun FAWAY Automobile Components Co's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where Changchun FAWAY Automobile Components Co's Days Sales Outstanding falls into.

Changchun FAWAY Automobile Components 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.

Changchun FAWAY Automobile Components 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
=	( (3204.906	+	3682.867)	/	2 )	/	20765.506	*	365
=	3443.8865					/	20765.506	*	365
=	60.53

Changchun FAWAY Automobile Components 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
=	( (3682.867	+	2220.559)	/	2 )	/	4503.924	*	365 / 4
=	2951.713					/	4503.924	*	365 / 4
=	59.80

Changchun FAWAY Automobile Components Co (SHSE:600742) Days Sales Outstanding Explanation

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

Changchun FAWAY Automobile Components Co Days Sales Outstanding Related Terms

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Changchun FAWAY Automobile Components Co (SHSE:600742) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Changchun FAWAY Automobile Components Co Ltd (SHSE:600742) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 1399, Dongfeng South Street, Automobile Industry Development Zone, Jilin Province, Changchun, CHN, 130011

Website

http://www.fawfw.com.cn

Changchun FAWAY Automobile Components Co Ltd is a China-based company principally engaged in the manufacture and sale of automobile spare parts in China. Its business scope includes products like car seats, instrument panels, door panels, seat frames, bumpers, grilles, rearview mirrors, automotive filters, automotive lighting, automotive stamping products, wheel assemblies, automotive electronics and other automotive components.

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