Henan Hengxing Science & Technology Co (SZSE:002132) Days Sales Outstanding : 82.34 (As of Mar. 2024)

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What is Henan Hengxing Science & Technology Co Days Sales Outstanding?

Henan Hengxing Science & Technology Co's average Accounts Receivable for the three months ended in Mar. 2024 was ¥1,016 Mil. Henan Hengxing Science & Technology Co's Revenue for the three months ended in Mar. 2024 was ¥1,126 Mil. Hence, Henan Hengxing Science & Technology Co's Days Sales Outstanding for the three months ended in Mar. 2024 was 82.34.

The historical rank and industry rank for Henan Hengxing Science & Technology Co's Days Sales Outstanding or its related term are showing as below:

SZSE:002132' s Days Sales Outstanding Range Over the Past 10 Years
Min: 79.67 Med: 90.19 Max: 117.59
Current: 80.83

During the past 13 years, Henan Hengxing Science & Technology Co's highest Days Sales Outstanding was 117.59. The lowest was 79.67. And the median was 90.19.

SZSE:002132's Days Sales Outstanding is ranked worse than
79.36% of 596 companies
in the Steel industry
Industry Median: 49.815 vs SZSE:002132: 80.83

Henan Hengxing Science & Technology Co's Days Sales Outstanding declined from Mar. 2023 (107.37) to Mar. 2024 (82.34).

Henan Hengxing Science & Technology Co Days Sales Outstanding Historical Data

The historical data trend for Henan Hengxing Science & 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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Henan Hengxing Science & Technology Co Days Sales Outstanding Chart

Henan Hengxing Science & Technology Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

Get a 7-Day Free Trial

88.29

104.77

87.19

79.67

83.55

Henan Hengxing Science & Technology 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															107.37	85.78	82.16	73.12	82.34

Competitive Comparison of Henan Hengxing Science & Technology Co's Days Sales Outstanding

For the Steel subindustry, Henan Hengxing Science & 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.

Henan Hengxing Science & Technology Co's Days Sales Outstanding Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, Henan Hengxing Science & Technology Co's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where Henan Hengxing Science & Technology Co's Days Sales Outstanding falls into.

Henan Hengxing Science & 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.

Henan Hengxing Science & 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
=	( (1078.686	+	1016.956)	/	2 )	/	4577.327	*	365
=	1047.821					/	4577.327	*	365
=	83.55

Henan Hengxing Science & 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
=	( (1016.956	+	1015.186)	/	2 )	/	1126.087	*	365 / 4
=	1016.071					/	1126.087	*	365 / 4
=	82.34

Henan Hengxing Science & Technology Co (SZSE:002132) Days Sales Outstanding Explanation

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

Henan Hengxing Science & Technology Co Days Sales Outstanding Related Terms

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Henan Hengxing Science & Technology Co (SZSE:002132) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » Henan Hengxing Science & Technology Co Ltd (SZSE:002132) » Definitions » Days Sales Outstanding

Traded in Other Exchanges

N/A

Address

No. 121 Yiluo North Road, Gongyi, Henan, CHN, 451251

Website

http://www.hengxingchinese.com

Henan Hengxing Science & Technology Co Ltd is engaged in the production of steel in China. The company mainly produces steel cords, hose steel wires, ultra-fine steel wires, galvanized and alloy coated steel wires, steel strands and PC steel strands for radial tires. Its products are widely used in automobile tires, rubber hoses, power cables, overhead power lines, high-speed railways, ports, and silicon wafer cutting for photovoltaic solar energy.

Executives

Li Ming	Directors, executives
Xu Hui Jing	Directors, executives
Xie Bao Wan	Director
Xie Bao Jian	Executives
Zhang Yun Hong	Directors, executives
Xie Xiao Long	Directors, executives
Xie Jin Bao	Executives
Zhao Wen Juan	Directors, executives
Bai Zhong Xiang	Independent director
Xie Bao Jun	Director
Chen Bing Zhang	Director
Tan Shi Hong	Supervisors
Li Bao Jie	Executives
Jiao Yao Zhong	Directors, executives
Xie Fu Qiang	Director

Henan Hengxing Science & Technology Co (SZSE:002132) Headlines

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