Dalian Haosen Equipment Manufacturing Co (SHSE:688529) Days Sales Outstanding : 151.88 (As of Mar. 2024)

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What is Dalian Haosen Equipment Manufacturing Co Days Sales Outstanding?

Dalian Haosen Equipment Manufacturing Co's average Accounts Receivable for the three months ended in Mar. 2024 was ¥732 Mil. Dalian Haosen Equipment Manufacturing Co's Revenue for the three months ended in Mar. 2024 was ¥440 Mil. Hence, Dalian Haosen Equipment Manufacturing Co's Days Sales Outstanding for the three months ended in Mar. 2024 was 151.88.

The historical rank and industry rank for Dalian Haosen Equipment Manufacturing Co's Days Sales Outstanding or its related term are showing as below:

SHSE:688529' s Days Sales Outstanding Range Over the Past 10 Years
Min: 55.66 Med: 66.72 Max: 112.77
Current: 112.77

During the past 7 years, Dalian Haosen Equipment Manufacturing Co's highest Days Sales Outstanding was 112.77. The lowest was 55.66. And the median was 66.72.

SHSE:688529's Days Sales Outstanding is ranked worse than
73.2% of 2952 companies
in the Industrial Products industry
Industry Median: 79.815 vs SHSE:688529: 112.77

Dalian Haosen Equipment Manufacturing Co's Days Sales Outstanding increased from Mar. 2023 (103.83) to Mar. 2024 (151.88).

Dalian Haosen Equipment Manufacturing Co Days Sales Outstanding Historical Data

The historical data trend for Dalian Haosen Equipment Manufacturing 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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Dalian Haosen Equipment Manufacturing Co Days Sales Outstanding Chart

Dalian Haosen Equipment Manufacturing Co Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

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60.59

55.66

70.99

88.91

102.03

Dalian Haosen Equipment Manufacturing 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															103.83	81.60	101.20	125.69	151.88

Competitive Comparison of Dalian Haosen Equipment Manufacturing Co's Days Sales Outstanding

For the Specialty Industrial Machinery subindustry, Dalian Haosen Equipment Manufacturing 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.

Dalian Haosen Equipment Manufacturing Co's Days Sales Outstanding Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Dalian Haosen Equipment Manufacturing Co's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where Dalian Haosen Equipment Manufacturing Co's Days Sales Outstanding falls into.

Dalian Haosen Equipment Manufacturing 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.

Dalian Haosen Equipment Manufacturing 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
=	( (434.677	+	686.967)	/	2 )	/	2006.184	*	365
=	560.822					/	2006.184	*	365
=	102.03

Dalian Haosen Equipment Manufacturing 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
=	( (686.967	+	776.868)	/	2 )	/	439.74	*	365 / 4
=	731.9175					/	439.74	*	365 / 4
=	151.88

Dalian Haosen Equipment Manufacturing Co (SHSE:688529) Days Sales Outstanding Explanation

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

Dalian Haosen Equipment Manufacturing Co Days Sales Outstanding Related Terms

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Dalian Haosen Equipment Manufacturing Co (SHSE:688529) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Dalian Haosen Equipment Manufacturing Co Ltd (SHSE:688529) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

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Address

Yingchengzi Industrial Park, Ganjingzi District, Liaoning Province, Dalian, CHN, 116036

Website

http://www.haosen.com.cn

Dalian Haosen Equipment Manufacturing Co Ltd is a company specializing in intelligent production line and intelligent equipment integration, which includes planning, R&D, design, assembly, debugging & integration, sales, service and turn-key engineering of intelligent production lines. The company's products include Power Lithium Battery Intelligent Production Line; Hydrogen Fuel Battery Intelligent Production Line; EV Drive Motor Intelligent Production Line; E-drive Production Line; BIW Welding Intelligent Production Line; Engine Intelligent Assembly Line; Transmission Intelligent Assembly Line; Retarder Production Line; Laser Technology & Equipment; and Manufacturing Execution System (MES) & Software.

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