Beijing Shougang Co (SZSE:000959) Days Sales Outstanding : 6.08 (As of Jun. 2024)

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What is Beijing Shougang Co Days Sales Outstanding?

Beijing Shougang Co's average Accounts Receivable for the three months ended in Jun. 2024 was ¥1,808 Mil. Beijing Shougang Co's Revenue for the three months ended in Jun. 2024 was ¥27,145 Mil. Hence, Beijing Shougang Co's Days Sales Outstanding for the three months ended in Jun. 2024 was 6.08.

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

SZSE:000959' s Days Sales Outstanding Range Over the Past 10 Years
Min: 4.26 Med: 5.84 Max: 10.97
Current: 5.33

During the past 13 years, Beijing Shougang Co's highest Days Sales Outstanding was 10.97. The lowest was 4.26. And the median was 5.84.

SZSE:000959's Days Sales Outstanding is ranked better than
95.28% of 614 companies
in the Steel industry
Industry Median: 48.74 vs SZSE:000959: 5.33

Beijing Shougang Co's Days Sales Outstanding increased from Jun. 2023 (5.53) to Jun. 2024 (6.08).

Beijing Shougang Co Days Sales Outstanding Historical Data

The historical data trend for Beijing Shougang 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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Beijing Shougang Co Days Sales Outstanding Chart

Beijing Shougang Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

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5.03

5.60

4.26

4.83

4.52

Beijing Shougang Co Quarterly Data
	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24
Days Sales Outstanding	Get a 7-Day Free Trial															5.53	5.40	4.89	4.82	6.08

Competitive Comparison of Beijing Shougang Co's Days Sales Outstanding

For the Steel subindustry, Beijing Shougang 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.

Beijing Shougang Co's Days Sales Outstanding Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, Beijing Shougang Co's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where Beijing Shougang Co's Days Sales Outstanding falls into.

Beijing Shougang 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.

Beijing Shougang 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
=	( (1450.009	+	1365.634)	/	2 )	/	113761.444	*	365
=	1407.8215					/	113761.444	*	365
=	4.52

Beijing Shougang Co's Days Sales Outstanding for the quarter that ended in Jun. 2024 is calculated as:

	Days Sales Outstanding (Q: Jun. 2024 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Mar. 2024 )	+	Accounts Receivable (A: Jun. 2024 ))	/	count )	/	Revenue (A: Jun. 2024 )	*	Days in Period
=	( (1757.117	+	1859.291)	/	2 )	/	27144.811	*	365 / 4
=	1808.204					/	27144.811	*	365 / 4
=	6.08

Beijing Shougang Co (SZSE:000959) 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 Shougang Co Days Sales Outstanding Related Terms

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Beijing Shougang Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » Beijing Shougang Co Ltd (SZSE:000959) » Definitions » Days Sales Outstanding

Traded in Other Exchanges

N/A

Address

No. 99 Shijingshan Road, Shijingshan District, Beijing, CHN, 100041

Website

http://www.sggf.com.cn

Beijing Shougang Co Ltd is a steelmaker in China. The company produces a wide range of steel products. It has a complete production process such as cooking, ironmaking, steelmaking, steel rolling and heat treatment. The products of the company are electrical steel, automotive panels, tinplates, pipeline steel, home appliances, and other high-end sheet products. Its only operating segment being Iron and steel.

Executives

Guo Li Yan	Supervisors
Chen Yi	Secretary Dong
Wang Jian Wei	Executives
Liu Cheng	Executives
Wang Yi	Director
Wu Zheng	Executives

Beijing Shougang Co Headlines

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