Lutian Machinery Co (SHSE:605259) Days Sales Outstanding : 45.92 (As of Jun. 2024)

View and export this data going back to 2021. Start your Free Trial

What is Lutian Machinery Co Days Sales Outstanding?

Lutian Machinery Co's average Accounts Receivable for the three months ended in Jun. 2024 was ¥292 Mil. Lutian Machinery Co's Revenue for the three months ended in Jun. 2024 was ¥580 Mil. Hence, Lutian Machinery Co's Days Sales Outstanding for the three months ended in Jun. 2024 was 45.92.

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

SHSE:605259' s Days Sales Outstanding Range Over the Past 10 Years
Min: 35.15 Med: 41.62 Max: 53.46
Current: 49.94

During the past 7 years, Lutian Machinery Co's highest Days Sales Outstanding was 53.46. The lowest was 35.15. And the median was 41.62.

SHSE:605259's Days Sales Outstanding is ranked better than
82.59% of 2975 companies
in the Industrial Products industry
Industry Median: 79.25 vs SHSE:605259: 49.94

Lutian Machinery Co's Days Sales Outstanding increased from Jun. 2023 (45.46) to Jun. 2024 (45.92).

Lutian Machinery Co Days Sales Outstanding Historical Data

The historical data trend for Lutian 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.

* Premium members only.

Lutian Machinery Co Days Sales Outstanding Chart

Lutian Machinery Co Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

Get a 7-Day Free Trial

36.12

36.57

35.15

46.75

53.46

Lutian Machinery Co Quarterly Data
	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24
Days Sales Outstanding	Get a 7-Day Free Trial															45.46	46.47	51.12	53.31	45.92

Competitive Comparison of Lutian Machinery Co's Days Sales Outstanding

For the Specialty Industrial Machinery subindustry, Lutian 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.

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

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

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

Lutian 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.

Lutian 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
=	( (230.325	+	246.139)	/	2 )	/	1626.477	*	365
=	238.232					/	1626.477	*	365
=	53.46

Lutian Machinery Co's Days Sales Outstanding for the quarter that ended in Jun. 2024 is calculated as:

	Days Sales Outstanding (Q: Jun. 2024 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Mar. 2024 )	+	Accounts Receivable (A: Jun. 2024 ))	/	count )	/	Revenue (A: Jun. 2024 )	*	Days in Period
=	( (250.98	+	333.058)	/	2 )	/	580.333	*	365 / 4
=	292.019					/	580.333	*	365 / 4
=	45.92

Lutian Machinery Co (SHSE:605259) Days Sales Outstanding Explanation

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

Lutian Machinery Co Days Sales Outstanding Related Terms

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

Lutian Machinery Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Lutian Machinery Co Ltd (SHSE:605259) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 1, Lvtian Avenue, Hengjie Town, Luqiao District, Zhejiang Province, Taizhou, CHN, 318056

Website

http://www.chinalutian.cn

Lutian Machinery Co Ltd research and development, production and sales of general power machinery products mainly including generator sets, water pump units and engines and high-pressure cleaner products.

Executives

Chen Xiao Hua	senior management
Chen Yu Mu	senior management
Luo Chang Guo	Director
Cai Yong Jun	senior management
Ying Yin He	Director

Lutian Machinery Co Headlines

No Headlines