Fujian Kuncai Material Technology Co (SHSE:603826) Days Sales Outstanding : 86.56 (As of Mar. 2024)

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What is Fujian Kuncai Material Technology Co Days Sales Outstanding?

Fujian Kuncai Material Technology Co's average Accounts Receivable for the three months ended in Mar. 2024 was ¥241.8 Mil. Fujian Kuncai Material Technology Co's Revenue for the three months ended in Mar. 2024 was ¥255.0 Mil. Hence, Fujian Kuncai Material Technology Co's Days Sales Outstanding for the three months ended in Mar. 2024 was 86.56.

The historical rank and industry rank for Fujian Kuncai Material Technology Co's Days Sales Outstanding or its related term are showing as below:

SHSE:603826' s Days Sales Outstanding Range Over the Past 10 Years
Min: 63.96 Med: 72.9 Max: 108.77
Current: 108.77

During the past 12 years, Fujian Kuncai Material Technology Co's highest Days Sales Outstanding was 108.77. The lowest was 63.96. And the median was 72.90.

SHSE:603826's Days Sales Outstanding is ranked worse than
85.55% of 1523 companies
in the Chemicals industry
Industry Median: 63.73 vs SHSE:603826: 108.77

Fujian Kuncai Material Technology Co's Days Sales Outstanding increased from Mar. 2023 (85.50) to Mar. 2024 (86.56).

Fujian Kuncai Material Technology Co Days Sales Outstanding Historical Data

The historical data trend for Fujian Kuncai Material Technology 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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Fujian Kuncai Material Technology Co Days Sales Outstanding Chart

Fujian Kuncai Material Technology Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

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68.66

67.01

63.96

74.68

84.62

Fujian Kuncai Material Technology 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															85.50	132.36	105.69	105.17	86.56

Competitive Comparison of Fujian Kuncai Material Technology Co's Days Sales Outstanding

For the Specialty Chemicals subindustry, Fujian Kuncai Material Technology 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.

Fujian Kuncai Material Technology Co's Days Sales Outstanding Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Fujian Kuncai Material Technology Co's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where Fujian Kuncai Material Technology Co's Days Sales Outstanding falls into.

Fujian Kuncai Material Technology 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.

Fujian Kuncai Material Technology 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
=	( (175.279	+	209.085)	/	2 )	/	828.993	*	365
=	192.182					/	828.993	*	365
=	84.62

Fujian Kuncai Material Technology 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
=	( (209.085	+	274.609)	/	2 )	/	254.965	*	365 / 4
=	241.847					/	254.965	*	365 / 4
=	86.56

Fujian Kuncai Material Technology Co (SHSE:603826) Days Sales Outstanding Explanation

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

Fujian Kuncai Material Technology Co Days Sales Outstanding Related Terms

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Fujian Kuncai Material Technology Co (SHSE:603826) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Fujian Kuncai Material Technology Co Ltd (SHSE:603826) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

N/A

Address

Yuanhong Investment Zone, Fujian Province, Fuzhou, CHN, 350314

Website

http://www.fjkuncai.com

Fujian Kuncai Material Technology Co Ltd is a Chinese developer and manufacturer of pearlescent pigments. It manufactures various colors for use in automotive, plastics, cosmetics, ink, fluorocarbon coatings, wallpapers, 3C coatings and industrial coatings. The products offered by the company includes Peacock Series, Diamond Dragon Series, Silla Maya Series, Crystal Dragon Series, and FC Series Pearlescent Materials, among others. Its products have application in the industries of automotive coatings, cosmetics, plastics, inks, printing, industrial coatings, building materials, architectural decoration, and seed coating, among others. The entity sells its products in China, and also exports it to the various other countries.

Executives

Xie Chao	Director
Xie Bing Kun	Director
Mao Ying	senior management
Ding Jia Guo	Supervisors
Cai Zhi Ming	senior management
Wang Huai Yan	Supervisors
Li Qiu Yun	senior management

Fujian Kuncai Material Technology Co (SHSE:603826) Headlines

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