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Luyang Energy-Saving Materials Co (SZSE:002088) Days Sales Outstanding : 121.34 (As of Mar. 2024)


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What is Luyang Energy-Saving Materials Co Days Sales Outstanding?

Luyang Energy-Saving Materials Co's average Accounts Receivable for the three months ended in Mar. 2024 was ¥932 Mil. Luyang Energy-Saving Materials Co's Revenue for the three months ended in Mar. 2024 was ¥701 Mil. Hence, Luyang Energy-Saving Materials Co's Days Sales Outstanding for the three months ended in Mar. 2024 was 121.34.

The historical rank and industry rank for Luyang Energy-Saving Materials Co's Days Sales Outstanding or its related term are showing as below:

SZSE:002088' s Days Sales Outstanding Range Over the Past 10 Years
Min: 72.79   Med: 97.02   Max: 164.97
Current: 93.64

During the past 13 years, Luyang Energy-Saving Materials Co's highest Days Sales Outstanding was 164.97. The lowest was 72.79. And the median was 97.02.

SZSE:002088's Days Sales Outstanding is ranked worse than
76.47% of 1526 companies
in the Chemicals industry
Industry Median: 64.1 vs SZSE:002088: 93.64

Luyang Energy-Saving Materials Co's Days Sales Outstanding increased from Mar. 2023 (104.75) to Mar. 2024 (121.34).


Luyang Energy-Saving Materials Co Days Sales Outstanding Historical Data

The historical data trend for Luyang Energy-Saving Materials 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.

Luyang Energy-Saving Materials Co Days Sales Outstanding Chart

Luyang Energy-Saving Materials 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 99.57 101.06 72.79 78.11 94.46

Luyang Energy-Saving Materials 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 104.75 97.45 97.26 71.24 121.34

Competitive Comparison of Luyang Energy-Saving Materials Co's Days Sales Outstanding

For the Chemicals subindustry, Luyang Energy-Saving Materials 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.


Luyang Energy-Saving Materials Co's Days Sales Outstanding Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Luyang Energy-Saving Materials Co's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where Luyang Energy-Saving Materials Co's Days Sales Outstanding falls into.



Luyang Energy-Saving Materials 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.

Luyang Energy-Saving Materials 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
=( (909.375 + 911.721) / 2 ) / 3518.519*365
=910.548 / 3518.519*365
=94.46

Luyang Energy-Saving Materials 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
=( (911.721 + 951.566) / 2 ) / 700.608*365 / 4
=931.6435 / 700.608*365 / 4
=121.34

* 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.


Luyang Energy-Saving Materials Co  (SZSE:002088) Days Sales Outstanding Explanation

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


Luyang Energy-Saving Materials Co Days Sales Outstanding Related Terms

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Luyang Energy-Saving Materials Co (SZSE:002088) Business Description

Traded in Other Exchanges
N/A
Address
No. 11 Yihe Road, Yiyuan County, Zibo, Shandong, CHN, 256120
Luyang Energy-Saving Materials Co Ltd is engaged in the ceramic and fibre industries in China.
Executives
Lu Chao Executives
Sheng Xin Tai Directors, executives
Du Yi Xue Secretary Dong
Ma Zhong Jun Executives
Zheng Wei Jin Executives
Lu Cheng Bin Director
Bi Yan Hai Supervisors
Gao Jun Chang Director
Lu Cheng Hong Executives
Wang Kan Executives
Wang Ai Ming Director
Lu Mei Jun Supervisors
Du Zhao Feng Supervisors
Yang Jie Hui Securities Affairs Representative
Liu Zhao Juan Executives

Luyang Energy-Saving Materials Co (SZSE:002088) Headlines

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