Beijing Tianyishangjia New Material (SHSE:688033) Days Sales Outstanding : 321.22 (As of Mar. 2024)

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What is Beijing Tianyishangjia New Material Days Sales Outstanding?

Beijing Tianyishangjia New Material's average Accounts Receivable for the three months ended in Mar. 2024 was ¥1,223 Mil. Beijing Tianyishangjia New Material's Revenue for the three months ended in Mar. 2024 was ¥347 Mil. Hence, Beijing Tianyishangjia New Material's Days Sales Outstanding for the three months ended in Mar. 2024 was 321.22.

The historical rank and industry rank for Beijing Tianyishangjia New Material's Days Sales Outstanding or its related term are showing as below:

SHSE:688033' s Days Sales Outstanding Range Over the Past 10 Years
Min: 161.86 Med: 195.53 Max: 324.86
Current: 188.64

During the past 8 years, Beijing Tianyishangjia New Material's highest Days Sales Outstanding was 324.86. The lowest was 161.86. And the median was 195.53.

SHSE:688033's Days Sales Outstanding is ranked worse than
95.42% of 961 companies
in the Transportation industry
Industry Median: 46.08 vs SHSE:688033: 188.64

Beijing Tianyishangjia New Material's Days Sales Outstanding increased from Mar. 2023 (276.63) to Mar. 2024 (321.22).

Beijing Tianyishangjia New Material Days Sales Outstanding Historical Data

The historical data trend for Beijing Tianyishangjia New Material'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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Beijing Tianyishangjia New Material Days Sales Outstanding Chart

Beijing Tianyishangjia New Material Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

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204.62

324.86

256.09

284.20

186.43

Beijing Tianyishangjia New Material 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															276.63	131.61	124.30	318.75	321.22

Competitive Comparison of Beijing Tianyishangjia New Material's Days Sales Outstanding

For the Railroads subindustry, Beijing Tianyishangjia New Material'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.

Beijing Tianyishangjia New Material's Days Sales Outstanding Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Beijing Tianyishangjia New Material's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where Beijing Tianyishangjia New Material's Days Sales Outstanding falls into.

Beijing Tianyishangjia New Material 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.

Beijing Tianyishangjia New Material'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
=	( (949.562	+	1206.636)	/	2 )	/	2110.699	*	365
=	1078.099					/	2110.699	*	365
=	186.43

Beijing Tianyishangjia New Material'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
=	( (1206.636	+	1239.343)	/	2 )	/	347.417	*	365 / 4
=	1222.9895					/	347.417	*	365 / 4
=	321.22

Beijing Tianyishangjia New Material (SHSE:688033) Days Sales Outstanding Explanation

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

Beijing Tianyishangjia New Material Days Sales Outstanding Related Terms

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Beijing Tianyishangjia New Material (SHSE:688033) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Beijing Tianyishangjia New Material Corp Ltd (SHSE:688033) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

N/A

Address

500 meters north of South Railway Road, Xixinli Village, Shangzhuang Town, Haidian District, Beijing, CHN, 100094

Website

http://www.bjtysj.com

Beijing Tianyishangjia New Material Corp Ltd Is engaged in the research and development, production and sales of powder metallurgy brakes and locomotives, urban rail brakes and brake shoes for high-speed trains.

Executives

Long Bo	Core technical personnel
Hu Chen	Core technical personnel
Wu Peng	Directors, senior managers
Yang Kai Lin	Directors, senior managers
Cheng Jing Lin	Core technical personnel
Wu Pei Fang	Director, core technical staff
Xia Fei	senior management
Liu Shuai	senior management
Cao Jing Wu	Senior management, core technical personnel
Shi Jia Cai Rang	Directors, senior managers, core technical personn
Hou Yu Bo	senior management

Beijing Tianyishangjia New Material (SHSE:688033) Headlines

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