Hangzhou First Applied Material Co (SHSE:603806) Days Sales Outstanding : 75.35 (As of Dec. 2023)

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What is Hangzhou First Applied Material Co Days Sales Outstanding?

Hangzhou First Applied Material Co's average Accounts Receivable for the three months ended in Dec. 2023 was ¥4,904 Mil. Hangzhou First Applied Material Co's Revenue for the three months ended in Dec. 2023 was ¥5,939 Mil. Hence, Hangzhou First Applied Material Co's Days Sales Outstanding for the three months ended in Dec. 2023 was 75.35.

The historical rank and industry rank for Hangzhou First Applied Material Co's Days Sales Outstanding or its related term are showing as below:

SHSE:603806' s Days Sales Outstanding Range Over the Past 10 Years
Min: 67.97 Med: 79.49 Max: 87.29
Current: 73.16

During the past 13 years, Hangzhou First Applied Material Co's highest Days Sales Outstanding was 87.29. The lowest was 67.97. And the median was 79.49.

SHSE:603806's Days Sales Outstanding is ranked worse than
61.66% of 978 companies
in the Semiconductors industry
Industry Median: 63.005 vs SHSE:603806: 73.16

Hangzhou First Applied Material Co's Days Sales Outstanding increased from Dec. 2022 (66.13) to Dec. 2023 (75.35).

Hangzhou First Applied Material Co Days Sales Outstanding Historical Data

The historical data trend for Hangzhou First Applied Material 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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Hangzhou First Applied Material Co Days Sales Outstanding Chart

Hangzhou First Applied Material Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

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79.30

87.29

80.00

67.97

69.40

Hangzhou First Applied Material Co Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Days Sales Outstanding	Get a 7-Day Free Trial															66.13	75.28	72.43	73.48	75.35

Competitive Comparison of Hangzhou First Applied Material Co's Days Sales Outstanding

For the Semiconductor Equipment & Materials subindustry, Hangzhou First Applied Material 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.

Hangzhou First Applied Material Co's Days Sales Outstanding Distribution in the Semiconductors Industry

For the Semiconductors industry and Technology sector, Hangzhou First Applied Material Co's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where Hangzhou First Applied Material Co's Days Sales Outstanding falls into.

Hangzhou First Applied Material 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.

Hangzhou First Applied Material 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
=	( (3776.156	+	4813.575)	/	2 )	/	22588.527	*	365
=	4294.8655					/	22588.527	*	365
=	69.40

Hangzhou First Applied Material Co's Days Sales Outstanding for the quarter that ended in Dec. 2023 is calculated as:

	Days Sales Outstanding (Q: Dec. 2023 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Sep. 2023 )	+	Accounts Receivable (A: Dec. 2023 ))	/	count )	/	Revenue (A: Dec. 2023 )	*	Days in Period
=	( (4994.535	+	4813.575)	/	2 )	/	5938.916	*	365 / 4
=	4904.055					/	5938.916	*	365 / 4
=	75.35

Hangzhou First Applied Material Co (SHSE:603806) Days Sales Outstanding Explanation

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

Hangzhou First Applied Material Co Days Sales Outstanding Related Terms

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Hangzhou First Applied Material Co (SHSE:603806) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » Hangzhou First Applied Material Co Ltd (SHSE:603806) » Definitions » Days Sales Outstanding

Traded in Other Exchanges

N/A

Address

8 Fusite Street Lin'an, Hangzhou, CHN, 311300

Website

http://www.firstpvm.com

Hangzhou First Applied Material Co Ltd is a China-based company engages in the development, manufacturing and selling EVA solar cell film, polyamide hot-melt adhesive film, and solar battery panel. The company offers encapsulant EVA films, polyolefin films, and back sheet materials for PV modules; dry film photoresists and flexible copper clad laminates; aluminum laminated films; silicone encapsulant for LED; and co-polyamide hot melt web, a double-sided adhesive non-woven fabric used in the bonding of fabric, leather, metal, plastic, microfiber, non-woven fabric, wood, paper, and other materials.

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