Argus (Shanghai) Textile Chemicals Co (SHSE:603790) Days Sales Outstanding : 99.71 (As of Mar. 2024)

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What is Argus (Shanghai) Textile Chemicals Co Days Sales Outstanding?

Argus (Shanghai) Textile Chemicals Co's average Accounts Receivable for the three months ended in Mar. 2024 was ¥237.3 Mil. Argus (Shanghai) Textile Chemicals Co's Revenue for the three months ended in Mar. 2024 was ¥217.1 Mil. Hence, Argus (Shanghai) Textile Chemicals Co's Days Sales Outstanding for the three months ended in Mar. 2024 was 99.71.

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

SHSE:603790' s Days Sales Outstanding Range Over the Past 10 Years
Min: 72.09 Med: 92.68 Max: 110.17
Current: 110.17

During the past 10 years, Argus (Shanghai) Textile Chemicals Co's highest Days Sales Outstanding was 110.17. The lowest was 72.09. And the median was 92.68.

SHSE:603790's Days Sales Outstanding is ranked worse than
86.21% of 1523 companies
in the Chemicals industry
Industry Median: 63.99 vs SHSE:603790: 110.17

Argus (Shanghai) Textile Chemicals Co's Days Sales Outstanding declined from Mar. 2023 (104.82) to Mar. 2024 (99.71).

Argus (Shanghai) Textile Chemicals Co Days Sales Outstanding Historical Data

The historical data trend for Argus (Shanghai) Textile Chemicals 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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Argus (Shanghai) Textile Chemicals Co Days Sales Outstanding Chart

Argus (Shanghai) Textile Chemicals Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

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77.72

106.37

97.03

105.14

94.16

Argus (Shanghai) Textile Chemicals 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															104.82	111.59	109.52	113.65	99.71

Competitive Comparison of Argus (Shanghai) Textile Chemicals Co's Days Sales Outstanding

For the Specialty Chemicals subindustry, Argus (Shanghai) Textile Chemicals 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.

Argus (Shanghai) Textile Chemicals Co's Days Sales Outstanding Distribution in the Chemicals Industry

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

* The bar in red indicates where Argus (Shanghai) Textile Chemicals Co's Days Sales Outstanding falls into.

Argus (Shanghai) Textile Chemicals 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.

Argus (Shanghai) Textile Chemicals 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
=	( (193.864	+	205.461)	/	2 )	/	773.954	*	365
=	199.6625					/	773.954	*	365
=	94.16

Argus (Shanghai) Textile Chemicals 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
=	( (205.461	+	269.061)	/	2 )	/	217.125	*	365 / 4
=	237.261					/	217.125	*	365 / 4
=	99.71

Argus (Shanghai) Textile Chemicals Co (SHSE:603790) Days Sales Outstanding Explanation

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

Argus (Shanghai) Textile Chemicals Co Days Sales Outstanding Related Terms

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Argus (Shanghai) Textile Chemicals Co (SHSE:603790) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Argus (Shanghai) Textile Chemicals Co Ltd (SHSE:603790) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 388 Jinyuan Liu Road, Jiangqiao, Jiading, Room 275-278, Building 16, Shanghai, CHN, 201812

Website

http://www.argus.net.cn

Argus (Shanghai) Textile Chemicals Co Ltd is a Chinese company that manufactures dyes. The company is specialized in the research and development, manufacturing and marketing of textile chemicals and providing technical support services for several specialties. It offers Dyes for cellulose, polyamide, wool, polyester, and silk. While its other products categories include Argasoft products and other auxiliary services related to dying.

Executives

Xie Bing	Directors, senior managers
Gu Zhe Dong	Director
Xu Ya Qin	senior management
Cheng Yu Qing	senior management
Ceng Jian Ping	Director
Hong Bin	senior management
Zheng Yi Hua	Director

Argus (Shanghai) Textile Chemicals Co (SHSE:603790) Headlines

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