Asia Cuanon Technology (Shanghai) Co (SHSE:603378) Days Sales Outstanding : 529.68 (As of Mar. 2024)

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What is Asia Cuanon Technology (Shanghai) Co Days Sales Outstanding?

Asia Cuanon Technology (Shanghai) Co's average Accounts Receivable for the three months ended in Mar. 2024 was ¥1,712 Mil. Asia Cuanon Technology (Shanghai) Co's Revenue for the three months ended in Mar. 2024 was ¥295 Mil. Hence, Asia Cuanon Technology (Shanghai) Co's Days Sales Outstanding for the three months ended in Mar. 2024 was 529.68.

The historical rank and industry rank for Asia Cuanon Technology (Shanghai) Co's Days Sales Outstanding or its related term are showing as below:

SHSE:603378' s Days Sales Outstanding Range Over the Past 10 Years
Min: 67.64 Med: 115.34 Max: 250.33
Current: 250.33

During the past 12 years, Asia Cuanon Technology (Shanghai) Co's highest Days Sales Outstanding was 250.33. The lowest was 67.64. And the median was 115.34.

SHSE:603378's Days Sales Outstanding is ranked worse than
98.03% of 1525 companies
in the Chemicals industry
Industry Median: 64.02 vs SHSE:603378: 250.33

Asia Cuanon Technology (Shanghai) Co's Days Sales Outstanding increased from Mar. 2023 (375.23) to Mar. 2024 (529.68).

Asia Cuanon Technology (Shanghai) Co Days Sales Outstanding Historical Data

The historical data trend for Asia Cuanon Technology (Shanghai) 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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Asia Cuanon Technology (Shanghai) Co Days Sales Outstanding Chart

Asia Cuanon Technology (Shanghai) Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

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111.40

119.28

138.95

247.84

227.34

Asia Cuanon Technology (Shanghai) 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															375.23	192.27	233.60	262.84	529.68

Competitive Comparison of Asia Cuanon Technology (Shanghai) Co's Days Sales Outstanding

For the Specialty Chemicals subindustry, Asia Cuanon Technology (Shanghai) 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.

Asia Cuanon Technology (Shanghai) Co's Days Sales Outstanding Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Asia Cuanon Technology (Shanghai) Co's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where Asia Cuanon Technology (Shanghai) Co's Days Sales Outstanding falls into.

Asia Cuanon Technology (Shanghai) 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.

Asia Cuanon Technology (Shanghai) 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
=	( (2090.189	+	1784.485)	/	2 )	/	3110.392	*	365
=	1937.337					/	3110.392	*	365
=	227.34

Asia Cuanon Technology (Shanghai) 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
=	( (1784.485	+	1638.729)	/	2 )	/	294.864	*	365 / 4
=	1711.607					/	294.864	*	365 / 4
=	529.68

Asia Cuanon Technology (Shanghai) Co (SHSE:603378) Days Sales Outstanding Explanation

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

Asia Cuanon Technology (Shanghai) Co Days Sales Outstanding Related Terms

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Asia Cuanon Technology (Shanghai) Co (SHSE:603378) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Asia Cuanon Technology (Shanghai) Co Ltd (SHSE:603378) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 28 Xintao Road, 3rd and 4th floor, Comprehensive Building, Qingpu Industrial Park, Shanghai, CHN, 201707

Website

http://www.cuanon.com

Asia Cuanon Technology (Shanghai) Co Ltd is engaged in research and development, manufacturing and service of functional architectural coatings, thermal insulation decorative panels, fireproof and thermal insulation materials. The company's products are widely used in real estate, residential community, hotel/office, and public construction projects.

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