Chuzhou Duoli Automotive Technology Co (SZSE:001311) Days Sales Outstanding : 144.94 (As of Mar. 2024)

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What is Chuzhou Duoli Automotive Technology Co Days Sales Outstanding?

Chuzhou Duoli Automotive Technology Co's average Accounts Receivable for the three months ended in Mar. 2024 was ¥1,240 Mil. Chuzhou Duoli Automotive Technology Co's Revenue for the three months ended in Mar. 2024 was ¥780 Mil. Hence, Chuzhou Duoli Automotive Technology Co's Days Sales Outstanding for the three months ended in Mar. 2024 was 144.94.

The historical rank and industry rank for Chuzhou Duoli Automotive Technology Co's Days Sales Outstanding or its related term are showing as below:

SZSE:001311' s Days Sales Outstanding Range Over the Past 10 Years
Min: 94.16 Med: 114.92 Max: 117.51
Current: 112.15

During the past 6 years, Chuzhou Duoli Automotive Technology Co's highest Days Sales Outstanding was 117.51. The lowest was 94.16. And the median was 114.92.

SZSE:001311's Days Sales Outstanding is ranked worse than
89.06% of 1270 companies
in the Vehicles & Parts industry
Industry Median: 60.165 vs SZSE:001311: 112.15

Chuzhou Duoli Automotive Technology Co's Days Sales Outstanding increased from Mar. 2023 (120.31) to Mar. 2024 (144.94).

Warning Sign:

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

Chuzhou Duoli Automotive Technology Co Days Sales Outstanding Historical Data

The historical data trend for Chuzhou Duoli Automotive Technology 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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Chuzhou Duoli Automotive Technology Co Days Sales Outstanding Chart

Chuzhou Duoli Automotive Technology Co Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

Get a 7-Day Free Trial

116.48

115.59

94.16

104.88

114.24

Chuzhou Duoli Automotive Technology Co Quarterly Data
	Dec18	Dec19	Dec20	Jun21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Days Sales Outstanding	Get a 7-Day Free Trial									120.31	111.23	106.65	102.29	144.94

Competitive Comparison of Chuzhou Duoli Automotive Technology Co's Days Sales Outstanding

For the Auto Parts subindustry, Chuzhou Duoli Automotive Technology 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.

Chuzhou Duoli Automotive Technology Co's Days Sales Outstanding Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Chuzhou Duoli Automotive Technology Co's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where Chuzhou Duoli Automotive Technology Co's Days Sales Outstanding falls into.

Chuzhou Duoli Automotive Technology 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.

Chuzhou Duoli Automotive Technology 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
=	( (1082.232	+	1366.806)	/	2 )	/	3912.539	*	365
=	1224.519					/	3912.539	*	365
=	114.24

Chuzhou Duoli Automotive Technology 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
=	( (1366.806	+	1112.307)	/	2 )	/	780.41	*	365 / 4
=	1239.5565					/	780.41	*	365 / 4
=	144.94

Chuzhou Duoli Automotive Technology Co (SZSE:001311) Days Sales Outstanding Explanation

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

Chuzhou Duoli Automotive Technology Co Days Sales Outstanding Related Terms

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Chuzhou Duoli Automotive Technology Co (SZSE:001311) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Chuzhou Duoli Automotive Technology Co Ltd (SZSE:001311) » Definitions » Days Sales Outstanding

Traded in Other Exchanges

N/A

Address

No. 109, Ma'an East Road, Anhui Province, Chuzhou, CHN, 215312

Website

http://www.shdlgroup.com

Chuzhou Duoli Automotive Technology Co Ltd is engaged in the development, production and sales of automotive stamping parts and related molds.

Executives

Deng Li Qin

Director

Chuzhou Duoli Automotive Technology Co (SZSE:001311) Headlines

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