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Changhong Huayi Compressor Co (SZSE:000404) Days Sales Outstanding : 69.93 (As of Mar. 2024)


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What is Changhong Huayi Compressor Co Days Sales Outstanding?

Changhong Huayi Compressor Co's average Accounts Receivable for the three months ended in Mar. 2024 was ¥2,560 Mil. Changhong Huayi Compressor Co's Revenue for the three months ended in Mar. 2024 was ¥3,341 Mil. Hence, Changhong Huayi Compressor Co's Days Sales Outstanding for the three months ended in Mar. 2024 was 69.93.

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

SZSE:000404' s Days Sales Outstanding Range Over the Past 10 Years
Min: 29.2   Med: 54.01   Max: 82.3
Current: 82.3

During the past 13 years, Changhong Huayi Compressor Co's highest Days Sales Outstanding was 82.30. The lowest was 29.20. And the median was 54.01.

SZSE:000404's Days Sales Outstanding is ranked worse than
52.69% of 2951 companies
in the Industrial Products industry
Industry Median: 79.82 vs SZSE:000404: 82.30

Changhong Huayi Compressor Co's Days Sales Outstanding increased from Mar. 2023 (52.30) to Mar. 2024 (69.93).


Changhong Huayi Compressor Co Days Sales Outstanding Historical Data

The historical data trend for Changhong Huayi Compressor 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.

Changhong Huayi Compressor Co Days Sales Outstanding Chart

Changhong Huayi Compressor Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Sales Outstanding
Get a 7-Day Free Trial Premium Member Only Premium Member Only 55.90 43.39 29.20 41.79 55.38

Changhong Huayi Compressor 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 52.30 74.57 82.72 99.42 69.93

Competitive Comparison of Changhong Huayi Compressor Co's Days Sales Outstanding

For the Specialty Industrial Machinery subindustry, Changhong Huayi Compressor 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.


Changhong Huayi Compressor Co's Days Sales Outstanding Distribution in the Industrial Products Industry

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

* The bar in red indicates where Changhong Huayi Compressor Co's Days Sales Outstanding falls into.



Changhong Huayi Compressor 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.

Changhong Huayi Compressor 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
=( (1877.818 + 2033.162) / 2 ) / 12889.012*365
=1955.49 / 12889.012*365
=55.38

Changhong Huayi Compressor 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
=( (2033.162 + 3087.159) / 2 ) / 3340.525*365 / 4
=2560.1605 / 3340.525*365 / 4
=69.93

* 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.


Changhong Huayi Compressor Co  (SZSE:000404) Days Sales Outstanding Explanation

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


Changhong Huayi Compressor Co Days Sales Outstanding Related Terms

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Changhong Huayi Compressor Co (SZSE:000404) Business Description

Traded in Other Exchanges
N/A
Address
No. 1, Changhong Avenue, Gaoxin Development Zone, Jingdezhen, Jiangxi, CHN, 333001
Changhong Huayi Compressor Co Ltd is a China-based company that develops and produces various types of compressors such as refrigerators, freezers, water dispensers, ice machines, and dehumidifiers. The company has established partnerships for the purpose of sales with domestic and foreign refrigerator companies such as Haier, Hisense, Midea, Meiling and Germany Bosch-Siemens, Sweden Electrolux, Italy Yixixi, Spain Fagor, Liebherr, Samsung, Toshiba.
Executives
Yang Fan Executives
Shi Qiang Secretary, Director
Yu Wan Chun Executives
Chen Si Yuan Supervisors
Zhang Qin Jian Directors, executives
Yang Xiu Biao Director
Xiao Wen Yi Directors, executives
He Cheng Zhi Executives
Pang Hai Tao Executives
Fu Nian Ping Director
Wu Wei Yu Directors, executives
Cha Chun Xia Supervisors
Wang Guo Qing Executives
Wu Jing Hua Executives
Zhu Jin Song Directors, executives

Changhong Huayi Compressor Co (SZSE:000404) Headlines

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