Liaoning Fu-An Heavy Industry Co (SHSE:603315) Days Sales Outstanding : 353.15 (As of Mar. 2024)

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What is Liaoning Fu-An Heavy Industry Co Days Sales Outstanding?

Liaoning Fu-An Heavy Industry Co's average Accounts Receivable for the three months ended in Mar. 2024 was ¥900 Mil. Liaoning Fu-An Heavy Industry Co's Revenue for the three months ended in Mar. 2024 was ¥233 Mil. Hence, Liaoning Fu-An Heavy Industry Co's Days Sales Outstanding for the three months ended in Mar. 2024 was 353.15.

The historical rank and industry rank for Liaoning Fu-An Heavy Industry Co's Days Sales Outstanding or its related term are showing as below:

SHSE:603315' s Days Sales Outstanding Range Over the Past 10 Years
Min: 158.75 Med: 266.79 Max: 320.38
Current: 317.6

During the past 13 years, Liaoning Fu-An Heavy Industry Co's highest Days Sales Outstanding was 320.38. The lowest was 158.75. And the median was 266.79.

SHSE:603315's Days Sales Outstanding is ranked worse than
97.67% of 601 companies
in the Steel industry
Industry Median: 50.01 vs SHSE:603315: 317.60

Liaoning Fu-An Heavy Industry Co's Days Sales Outstanding declined from Mar. 2023 (424.48) to Mar. 2024 (353.15).

Liaoning Fu-An Heavy Industry Co Days Sales Outstanding Historical Data

The historical data trend for Liaoning Fu-An Heavy Industry 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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Liaoning Fu-An Heavy Industry Co Days Sales Outstanding Chart

Liaoning Fu-An Heavy Industry Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

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260.01

273.57

295.51

302.60

320.38

Liaoning Fu-An Heavy Industry 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															424.48	309.05	331.77	277.10	353.15

Competitive Comparison of Liaoning Fu-An Heavy Industry Co's Days Sales Outstanding

For the Steel subindustry, Liaoning Fu-An Heavy Industry 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.

Liaoning Fu-An Heavy Industry Co's Days Sales Outstanding Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, Liaoning Fu-An Heavy Industry Co's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where Liaoning Fu-An Heavy Industry Co's Days Sales Outstanding falls into.

Liaoning Fu-An Heavy Industry 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.

Liaoning Fu-An Heavy Industry 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
=	( (934.89	+	854.893)	/	2 )	/	1019.534	*	365
=	894.8915					/	1019.534	*	365
=	320.38

Liaoning Fu-An Heavy Industry 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
=	( (854.893	+	945.08)	/	2 )	/	232.546	*	365 / 4
=	899.9865					/	232.546	*	365 / 4
=	353.15

Liaoning Fu-An Heavy Industry Co (SHSE:603315) Days Sales Outstanding Explanation

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

Liaoning Fu-An Heavy Industry Co Days Sales Outstanding Related Terms

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Liaoning Fu-An Heavy Industry Co (SHSE:603315) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » Liaoning Fu-An Heavy Industry Co Ltd (SHSE:603315) » Definitions » Days Sales Outstanding

Traded in Other Exchanges

N/A

Address

No.8, Anzheng Road, Qianshan District, Anshan, CHN, 114016

Website

http://www.lnfa.com.cn

Liaoning Fu-An Heavy Industry Co Ltd is engaged in the manufacturing of heavy steel castings products. According to the use, its products can be divided into thermal power equipment Castings, hydroelectric equipment castings, other power generation equipment castings and other castings. The main thermal power products include high/medium pressure internal and external cylinders; Valve body/cylinder. Hydropower products include upper crown, lower ring, runner body, Thrust heads, blades, ball valve bodies. Rail transit products include internal combustion engine bogies.

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