Hefei Metalforming Intelligent Manufacturing Co (SHSE:603011) Days Sales Outstanding : 122.06 (As of Jun. 2024)

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What is Hefei Metalforming Intelligent Manufacturing Co Days Sales Outstanding?

Hefei Metalforming Intelligent Manufacturing Co's average Accounts Receivable for the three months ended in Jun. 2024 was ¥790 Mil. Hefei Metalforming Intelligent Manufacturing Co's Revenue for the three months ended in Jun. 2024 was ¥591 Mil. Hence, Hefei Metalforming Intelligent Manufacturing Co's Days Sales Outstanding for the three months ended in Jun. 2024 was 122.06.

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

SHSE:603011' s Days Sales Outstanding Range Over the Past 10 Years
Min: 126.66 Med: 156.01 Max: 215.01
Current: 154.42

During the past 13 years, Hefei Metalforming Intelligent Manufacturing Co's highest Days Sales Outstanding was 215.01. The lowest was 126.66. And the median was 156.01.

SHSE:603011's Days Sales Outstanding is ranked worse than
85.29% of 2978 companies
in the Industrial Products industry
Industry Median: 79.41 vs SHSE:603011: 154.42

Hefei Metalforming Intelligent Manufacturing Co's Days Sales Outstanding declined from Jun. 2023 (146.27) to Jun. 2024 (122.06).

Hefei Metalforming Intelligent Manufacturing Co Days Sales Outstanding Historical Data

The historical data trend for Hefei Metalforming Intelligent Manufacturing 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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Hefei Metalforming Intelligent Manufacturing Co Days Sales Outstanding Chart

Hefei Metalforming Intelligent Manufacturing Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

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215.01

169.75

129.96

126.66

158.45

Hefei Metalforming Intelligent Manufacturing Co Quarterly Data
	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24
Days Sales Outstanding	Get a 7-Day Free Trial															146.27	163.79	137.43	225.89	122.06

Competitive Comparison of Hefei Metalforming Intelligent Manufacturing Co's Days Sales Outstanding

For the Specialty Industrial Machinery subindustry, Hefei Metalforming Intelligent Manufacturing 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.

Hefei Metalforming Intelligent Manufacturing Co's Days Sales Outstanding Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Hefei Metalforming Intelligent Manufacturing Co's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where Hefei Metalforming Intelligent Manufacturing Co's Days Sales Outstanding falls into.

Hefei Metalforming Intelligent Manufacturing 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.

Hefei Metalforming Intelligent Manufacturing 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
=	( (730.349	+	803.352)	/	2 )	/	1766.447	*	365
=	766.8505					/	1766.447	*	365
=	158.45

Hefei Metalforming Intelligent Manufacturing Co's Days Sales Outstanding for the quarter that ended in Jun. 2024 is calculated as:

	Days Sales Outstanding (Q: Jun. 2024 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Mar. 2024 )	+	Accounts Receivable (A: Jun. 2024 ))	/	count )	/	Revenue (A: Jun. 2024 )	*	Days in Period
=	( (766.488	+	813.366)	/	2 )	/	590.524	*	365 / 4
=	789.927					/	590.524	*	365 / 4
=	122.06

Hefei Metalforming Intelligent Manufacturing Co (SHSE:603011) Days Sales Outstanding Explanation

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

Hefei Metalforming Intelligent Manufacturing Co Days Sales Outstanding Related Terms

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Hefei Metalforming Intelligent Manufacturing Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Hefei Metalforming Intelligent Manufacturing Co Ltd (SHSE:603011) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

N/A

Address

Hefei Economic and Technological Development Zone, Ziyun Road 123, Hefei, CHN

Website

http://www.hfpress.com

Hefei Metalforming Intelligent Manufacturing Co Ltd is engaged in the manufacturing of hydraulic press, mechanical press and other intelligent forming equipment and industrial automation equipment. The company's products and services offerings include Precision drop forging hydraulic press, Pipe straightening machine, Elbow forging hydraulic press, Door plank automatic production line, Internal high pressure forming equipment and others. It provides its solutions to Metal forming field, a Non-metal material forming, Vessal field, Aerospace field, Automobile manufacturing field, Light industry and home, Petrochemical pipe fittings field, Rail transportation field, and others.

Executives

Zhang Lan Jun	senior management
Wang Yu Shan	senior management
Zhang An Ping	Director
Li Gui Shan	senior management
Han Xiao Feng	Director
Wang Xiao Feng	Director
Sun Ge	senior management
Wang Lei	Director
Li Hui	senior management
Shi Jian Wei	senior management
Yan Jian Wen	Director

Hefei Metalforming Intelligent Manufacturing Co Headlines

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