Anhui Tuoshan Heavy Industries Co (SZSE:001226) Days Sales Outstanding : 182.75 (As of Mar. 2024)

View and export this data going back to 2022. Start your Free Trial

What is Anhui Tuoshan Heavy Industries Co Days Sales Outstanding?

Anhui Tuoshan Heavy Industries Co's average Accounts Receivable for the three months ended in Mar. 2024 was ¥295.1 Mil. Anhui Tuoshan Heavy Industries Co's Revenue for the three months ended in Mar. 2024 was ¥147.3 Mil. Hence, Anhui Tuoshan Heavy Industries Co's Days Sales Outstanding for the three months ended in Mar. 2024 was 182.75.

The historical rank and industry rank for Anhui Tuoshan Heavy Industries Co's Days Sales Outstanding or its related term are showing as below:

SZSE:001226' s Days Sales Outstanding Range Over the Past 10 Years
Min: 79.18 Med: 83.31 Max: 247.03
Current: 247.03

During the past 6 years, Anhui Tuoshan Heavy Industries Co's highest Days Sales Outstanding was 247.03. The lowest was 79.18. And the median was 83.31.

SZSE:001226's Days Sales Outstanding is ranked worse than
93.78% of 209 companies
in the Farm & Heavy Construction Machinery industry
Industry Median: 73.51 vs SZSE:001226: 247.03

Anhui Tuoshan Heavy Industries Co's Days Sales Outstanding increased from Mar. 2023 (170.15) to Mar. 2024 (182.75).

Warning Sign:

If a company's sales outstanding increases, it means it has difficulty collecting payments from its customers.

Anhui Tuoshan Heavy Industries Co Days Sales Outstanding Historical Data

The historical data trend for Anhui Tuoshan Heavy 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.

Anhui Tuoshan Heavy Industries Co Days Sales Outstanding Chart

Anhui Tuoshan Heavy Industries Co Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

Get a 7-Day Free Trial

82.83

79.18

80.36

127.25

211.02

Anhui Tuoshan Heavy Industries Co Quarterly Data
	Dec18	Dec19	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Days Sales Outstanding	Get a 7-Day Free Trial											170.15	294.24	305.08	234.04	182.75

Competitive Comparison of Anhui Tuoshan Heavy Industries Co's Days Sales Outstanding

For the Farm & Heavy Construction Machinery subindustry, Anhui Tuoshan Heavy 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.

Anhui Tuoshan Heavy Industries Co's Days Sales Outstanding Distribution in the Farm & Heavy Construction Machinery Industry

For the Farm & Heavy Construction Machinery industry and Industrials sector, Anhui Tuoshan Heavy Industries Co's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where Anhui Tuoshan Heavy Industries Co's Days Sales Outstanding falls into.

Anhui Tuoshan Heavy 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.

Anhui Tuoshan Heavy 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
=	( (287.904	+	279.449)	/	2 )	/	490.685	*	365
=	283.6765					/	490.685	*	365
=	211.02

Anhui Tuoshan Heavy 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
=	( (279.449	+	310.667)	/	2 )	/	147.327	*	365 / 4
=	295.058					/	147.327	*	365 / 4
=	182.75

Anhui Tuoshan Heavy Industries Co (SZSE:001226) Days Sales Outstanding Explanation

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

Anhui Tuoshan Heavy Industries Co Days Sales Outstanding Related Terms

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

Anhui Tuoshan Heavy Industries Co (SZSE:001226) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Farm & Heavy Construction Machinery » Anhui Tuoshan Heavy Industries Co Ltd (SZSE:001226) » Definitions » Days Sales Outstanding

Traded in Other Exchanges

N/A

Address

Tongrui Avenue, Guangde Economic Development Zone, Anhui Province, Xuancheng, CHN, 242200

Website

Anhui Tuoshan Heavy Industries Co Ltd is engaged in design, production, sales and service of construction machinery parts and assemblies.

Anhui Tuoshan Heavy Industries Co (SZSE:001226) Headlines

No Headlines