Xiangyang Automobile Bearing Co (SZSE:000678) Days Sales Outstanding : 75.07 (As of Sep. 2024)

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What is Xiangyang Automobile Bearing Co Days Sales Outstanding?

Xiangyang Automobile Bearing Co's average Accounts Receivable for the three months ended in Sep. 2024 was ¥328 Mil. Xiangyang Automobile Bearing Co's Revenue for the three months ended in Sep. 2024 was ¥398 Mil. Hence, Xiangyang Automobile Bearing Co's Days Sales Outstanding for the three months ended in Sep. 2024 was 75.07.

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

SZSE:000678' s Days Sales Outstanding Range Over the Past 10 Years
Min: 69.09 Med: 74.23 Max: 94.55
Current: 94.55

During the past 13 years, Xiangyang Automobile Bearing Co's highest Days Sales Outstanding was 94.55. The lowest was 69.09. And the median was 74.23.

SZSE:000678's Days Sales Outstanding is ranked worse than
79.81% of 1288 companies
in the Vehicles & Parts industry
Industry Median: 60.145 vs SZSE:000678: 94.55

Xiangyang Automobile Bearing Co's Days Sales Outstanding increased from Sep. 2023 (58.28) to Sep. 2024 (75.07).

Xiangyang Automobile Bearing Co Days Sales Outstanding Historical Data

The historical data trend for Xiangyang Automobile Bearing 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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Xiangyang Automobile Bearing Co Days Sales Outstanding Chart

Xiangyang Automobile Bearing Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

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79.42

82.85

69.09

76.43

78.39

Xiangyang Automobile Bearing Co Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Days Sales Outstanding	Get a 7-Day Free Trial															58.28	162.69	82.85	80.71	75.07

Competitive Comparison of Xiangyang Automobile Bearing Co's Days Sales Outstanding

For the Auto Parts subindustry, Xiangyang Automobile Bearing 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.

Xiangyang Automobile Bearing Co's Days Sales Outstanding Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Xiangyang Automobile Bearing Co's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where Xiangyang Automobile Bearing Co's Days Sales Outstanding falls into.

Xiangyang Automobile Bearing 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.

Xiangyang Automobile Bearing 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
=	( (262.646	+	336.292)	/	2 )	/	1394.459	*	365
=	299.469					/	1394.459	*	365
=	78.39

Xiangyang Automobile Bearing Co's Days Sales Outstanding for the quarter that ended in Sep. 2024 is calculated as:

	Days Sales Outstanding (Q: Sep. 2024 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Jun. 2024 )	+	Accounts Receivable (A: Sep. 2024 ))	/	count )	/	Revenue (A: Sep. 2024 )	*	Days in Period
=	( (296.835	+	358.821)	/	2 )	/	398.462	*	365 / 4
=	327.828					/	398.462	*	365 / 4
=	75.07

Xiangyang Automobile Bearing Co (SZSE:000678) Days Sales Outstanding Explanation

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

Xiangyang Automobile Bearing Co Days Sales Outstanding Related Terms

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Xiangyang Automobile Bearing Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Xiangyang Automobile Bearing Co Ltd (SZSE:000678) » Definitions » Days Sales Outstanding

Traded in Other Exchanges

N/A

Address

No. 97 Dengcheng Avenue, Hubei Province, Xiangyang, CHN, 441057

Website

http://www.zxy.com.cn

Xiangyang Automobile Bearing Co Ltd is primarily engaged in the manufacture and sales of bearings and accessories, automobile spare parts, mechanical and electronic devices, bearing equipment and related components in China. The products of the group are exported to Europe, America and Southeast Asia and other countries and regions. Further it has set up around 28 sales branches throughout the country, and hold up to 14 distribution centers. The sales and service network covers all major cities.

Executives

Tang Yong	Executives
Gao Shao Bing	Directors, executives
Wang Guan Bing	Executives
Yuan Zhan	Supervisors
Song Hui Min	Director

Xiangyang Automobile Bearing Co Headlines

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