Anhui Zhongyuan New Materials Co (SHSE:603527) Days Sales Outstanding : 35.57 (As of Mar. 2024)

View and export this data going back to 2017. Start your Free Trial

What is Anhui Zhongyuan New Materials Co Days Sales Outstanding?

Anhui Zhongyuan New Materials Co's average Accounts Receivable for the three months ended in Mar. 2024 was ¥677 Mil. Anhui Zhongyuan New Materials Co's Revenue for the three months ended in Mar. 2024 was ¥1,736 Mil. Hence, Anhui Zhongyuan New Materials Co's Days Sales Outstanding for the three months ended in Mar. 2024 was 35.57.

The historical rank and industry rank for Anhui Zhongyuan New Materials Co's Days Sales Outstanding or its related term are showing as below:

SHSE:603527' s Days Sales Outstanding Range Over the Past 10 Years
Min: 22.64 Med: 26.26 Max: 32.65
Current: 32.65

During the past 11 years, Anhui Zhongyuan New Materials Co's highest Days Sales Outstanding was 32.65. The lowest was 22.64. And the median was 26.26.

SHSE:603527's Days Sales Outstanding is ranked better than
93.71% of 2958 companies
in the Industrial Products industry
Industry Median: 79.61 vs SHSE:603527: 32.65

Anhui Zhongyuan New Materials Co's Days Sales Outstanding declined from Mar. 2023 (38.37) to Mar. 2024 (35.57).

Anhui Zhongyuan New Materials Co Days Sales Outstanding Historical Data

The historical data trend for Anhui Zhongyuan New Materials 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.

* Premium members only.

Anhui Zhongyuan New Materials Co Days Sales Outstanding Chart

Anhui Zhongyuan New Materials Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

Get a 7-Day Free Trial

24.81

28.59

26.92

32.30

30.49

Anhui Zhongyuan New Materials 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															38.37	31.53	31.99	31.48	35.57

Competitive Comparison of Anhui Zhongyuan New Materials Co's Days Sales Outstanding

For the Metal Fabrication subindustry, Anhui Zhongyuan New Materials 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.

Anhui Zhongyuan New Materials Co's Days Sales Outstanding Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Anhui Zhongyuan New Materials Co's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where Anhui Zhongyuan New Materials Co's Days Sales Outstanding falls into.

Anhui Zhongyuan New Materials 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.

Anhui Zhongyuan New Materials 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
=	( (619.195	+	647.453)	/	2 )	/	7582.3	*	365
=	633.324					/	7582.3	*	365
=	30.49

Anhui Zhongyuan New Materials 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
=	( (647.453	+	706.352)	/	2 )	/	1736.285	*	365 / 4
=	676.9025					/	1736.285	*	365 / 4
=	35.57

Anhui Zhongyuan New Materials Co (SHSE:603527) Days Sales Outstanding Explanation

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

Anhui Zhongyuan New Materials Co Days Sales Outstanding Related Terms

Thank you for viewing the detailed overview of Anhui Zhongyuan New Materials Co's Days Sales Outstanding provided by GuruFocus.com. Please click on the following links to see related term pages.

Anhui Zhongyuan New Materials Co (SHSE:603527) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Anhui Zhongyuan New Materials Co Ltd (SHSE:603527) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

N/A

Address

Fengming Lake Road 48, Economic and Technological Development Zone, Wuhu, CHN

Website

http://www.zyxcl.cn

Anhui Zhongyuan New Materials Co Ltd is mainly engaged in research and development, production, sales and service of high precision purple copper belt in China. Its products include raw materials such as transformer copper belts, power cable copper belts, electronic appliance copper belts, heat exchanger copper belts, and coinage copper belts.

Anhui Zhongyuan New Materials Co (SHSE:603527) Headlines

No Headlines