Weihai Huadong Automation Co (SZSE:002248) Days Sales Outstanding : 26.56 (As of Mar. 2024)

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What is Weihai Huadong Automation Co Days Sales Outstanding?

Weihai Huadong Automation Co's average Accounts Receivable for the three months ended in Mar. 2024 was ¥23.4 Mil. Weihai Huadong Automation Co's Revenue for the three months ended in Mar. 2024 was ¥80.5 Mil. Hence, Weihai Huadong Automation Co's Days Sales Outstanding for the three months ended in Mar. 2024 was 26.56.

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

SZSE:002248' s Days Sales Outstanding Range Over the Past 10 Years
Min: 13.24 Med: 121.65 Max: 266.17
Current: 25.16

During the past 13 years, Weihai Huadong Automation Co's highest Days Sales Outstanding was 266.17. The lowest was 13.24. And the median was 121.65.

SZSE:002248's Days Sales Outstanding is ranked better than
95.9% of 2952 companies
in the Industrial Products industry
Industry Median: 79.815 vs SZSE:002248: 25.16

Weihai Huadong Automation Co's Days Sales Outstanding increased from Mar. 2023 (12.64) to Mar. 2024 (26.56).

Weihai Huadong Automation Co Days Sales Outstanding Historical Data

The historical data trend for Weihai Huadong Automation 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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Weihai Huadong Automation Co Days Sales Outstanding Chart

Weihai Huadong Automation Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

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67.43

34.25

13.24

13.57

22.37

Weihai Huadong Automation 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															12.64	15.92	26.45	42.29	26.56

Competitive Comparison of Weihai Huadong Automation Co's Days Sales Outstanding

For the Specialty Industrial Machinery subindustry, Weihai Huadong Automation 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.

Weihai Huadong Automation Co's Days Sales Outstanding Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Weihai Huadong Automation Co's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where Weihai Huadong Automation Co's Days Sales Outstanding falls into.

Weihai Huadong Automation 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.

Weihai Huadong Automation 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
=	( (9.792	+	24.452)	/	2 )	/	279.343	*	365
=	17.122					/	279.343	*	365
=	22.37

Weihai Huadong Automation 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
=	( (24.452	+	22.416)	/	2 )	/	80.517	*	365 / 4
=	23.434					/	80.517	*	365 / 4
=	26.56

Weihai Huadong Automation Co (SZSE:002248) Days Sales Outstanding Explanation

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

Weihai Huadong Automation Co Days Sales Outstanding Related Terms

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Weihai Huadong Automation Co (SZSE:002248) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Weihai Huadong Automation Co Ltd (SZSE:002248) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 305 Huoju Road, High Technology Industrial Development Zone, Weihai, Shandong, CHN, 264209

Website

http://www.huadongcnc.com

Weihai Huadong Automation Co Ltd operates in the general equipment manufacturing industry. The company is engaged in an ordinary machine tool manufacturing business. The products of the company include CNC gantry milling and boring machine which include fixed beam fixed column, fixed beam moving a column, and moving beam moving the column, CNC floor boring and milling machine series, CNC vertical lathe, and horizontal machining center.

Executives

Zhao Su Xia	Director
Lian Xiao Ming	Director
Tang Xu Wei	Executives
Liu Xu Hui	Supervisors
Liu Bo Zhe	Director
Tang Shi Xian	Director
Gao He Ming	Executives
Li Zhuang	Directors, executives
Liu Chuan Jin	Executives

Weihai Huadong Automation Co (SZSE:002248) Headlines

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