North Huajin Chemical Industries Co (SZSE:000059) Days Sales Outstanding : 4.69 (As of Mar. 2024)

View and export this data going back to 1997. Start your Free Trial

What is North Huajin Chemical Industries Co Days Sales Outstanding?

North Huajin Chemical Industries Co's average Accounts Receivable for the three months ended in Mar. 2024 was ¥486 Mil. North Huajin Chemical Industries Co's Revenue for the three months ended in Mar. 2024 was ¥9,449 Mil. Hence, North Huajin Chemical Industries Co's Days Sales Outstanding for the three months ended in Mar. 2024 was 4.69.

The historical rank and industry rank for North Huajin Chemical Industries Co's Days Sales Outstanding or its related term are showing as below:

SZSE:000059' s Days Sales Outstanding Range Over the Past 10 Years
Min: 0.81 Med: 1.73 Max: 4.53
Current: 4.53

During the past 13 years, North Huajin Chemical Industries Co's highest Days Sales Outstanding was 4.53. The lowest was 0.81. And the median was 1.73.

SZSE:000059's Days Sales Outstanding is ranked better than
98.49% of 1523 companies
in the Chemicals industry
Industry Median: 63.73 vs SZSE:000059: 4.53

North Huajin Chemical Industries Co's Days Sales Outstanding increased from Mar. 2023 (2.24) to Mar. 2024 (4.69).

North Huajin Chemical Industries Co Days Sales Outstanding Historical Data

The historical data trend for North Huajin Chemical Industries 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.

North Huajin Chemical Industries Co Days Sales Outstanding Chart

North Huajin Chemical Industries Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

Get a 7-Day Free Trial

1.55

1.94

1.68

1.00

1.08

North Huajin Chemical Industries 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															2.24	3.85	5.99	3.59	4.69

Competitive Comparison of North Huajin Chemical Industries Co's Days Sales Outstanding

For the Chemicals subindustry, North Huajin Chemical Industries 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.

North Huajin Chemical Industries Co's Days Sales Outstanding Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, North Huajin Chemical Industries Co's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where North Huajin Chemical Industries Co's Days Sales Outstanding falls into.

North Huajin Chemical Industries 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.

North Huajin Chemical Industries 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
=	( (103.269	+	170.539)	/	2 )	/	46142.015	*	365
=	136.904					/	46142.015	*	365
=	1.08

North Huajin Chemical Industries 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
=	( (170.539	+	800.509)	/	2 )	/	9449.291	*	365 / 4
=	485.524					/	9449.291	*	365 / 4
=	4.69

North Huajin Chemical Industries Co (SZSE:000059) Days Sales Outstanding Explanation

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

North Huajin Chemical Industries Co Days Sales Outstanding Related Terms

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

North Huajin Chemical Industries Co (SZSE:000059) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » North Huajin Chemical Industries Co Ltd (SZSE:000059) » Definitions » Days Sales Outstanding

Traded in Other Exchanges

N/A

Address

Hongqi Street, Shuangtaizi District, Liaoning, Panjin, CHN, 124021

Website

http://www.huajinchem.com

North Huajin Chemical Industries Co Ltd is a China-based company engages in the manufacture and sale of petrochemical products and chemical fertilizers. Its products include synthetic resins; organic chemical raw materials; refined oils; and plastic products. Its other products include crude oil, diesel oil, polyolefin products and aromatic products. The company distributes its products mainly in the domestic market.

Executives

Dong Cheng Gong	Director
Jin Xiao Chen	Executives
Liu Yong Ze	Director

North Huajin Chemical Industries Co (SZSE:000059) Headlines

No Headlines