Allied Machinery Co (SHSE:605060) Days Sales Outstanding : 104.95 (As of Mar. 2024)

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What is Allied Machinery Co Days Sales Outstanding?

Allied Machinery Co's average Accounts Receivable for the three months ended in Mar. 2024 was ¥333 Mil. Allied Machinery Co's Revenue for the three months ended in Mar. 2024 was ¥290 Mil. Hence, Allied Machinery Co's Days Sales Outstanding for the three months ended in Mar. 2024 was 104.95.

The historical rank and industry rank for Allied Machinery Co's Days Sales Outstanding or its related term are showing as below:

SHSE:605060' s Days Sales Outstanding Range Over the Past 10 Years
Min: 68.92 Med: 96.34 Max: 109.12
Current: 101.67

During the past 8 years, Allied Machinery Co's highest Days Sales Outstanding was 109.12. The lowest was 68.92. And the median was 96.34.

SHSE:605060's Days Sales Outstanding is ranked worse than
66.43% of 2952 companies
in the Industrial Products industry
Industry Median: 79.815 vs SHSE:605060: 101.67

Allied Machinery Co's Days Sales Outstanding declined from Mar. 2023 (109.74) to Mar. 2024 (104.95).

Allied Machinery Co Days Sales Outstanding Historical Data

The historical data trend for Allied Machinery 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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Allied Machinery Co Days Sales Outstanding Chart

Allied Machinery Co Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

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77.87

94.48

109.12

102.51

105.24

Allied Machinery Co Quarterly Data
	Dec17	Dec18	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															109.74	94.17	104.58	110.00	104.95

Competitive Comparison of Allied Machinery Co's Days Sales Outstanding

For the Specialty Industrial Machinery subindustry, Allied Machinery 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.

Allied Machinery Co's Days Sales Outstanding Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Allied Machinery Co's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where Allied Machinery Co's Days Sales Outstanding falls into.

Allied Machinery 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.

Allied Machinery 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
=	( (362.381	+	336.152)	/	2 )	/	1211.295	*	365
=	349.2665					/	1211.295	*	365
=	105.24

Allied Machinery 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
=	( (336.152	+	330.716)	/	2 )	/	289.91	*	365 / 4
=	333.434					/	289.91	*	365 / 4
=	104.95

Allied Machinery Co (SHSE:605060) Days Sales Outstanding Explanation

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

Allied Machinery Co Days Sales Outstanding Related Terms

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Allied Machinery Co (SHSE:605060) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Allied Machinery Co Ltd (SHSE:605060) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 77, 18th Street,, Economic and Technological Development Zone, Zhejiang Province, Hangzhou, CHN, 310018

Website

http://www.allied-machinery.com

Allied Machinery Co Ltd is a a full service provider of machined castings for industry. It supplies machined castings for industries worldwide.

Executives

Sun Yuan

Director

Allied Machinery Co (SHSE:605060) Headlines

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