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Xinlun New Materials Co (SZSE:002341) Days Sales Outstanding : 124.76 (As of Mar. 2024)


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What is Xinlun New Materials Co Days Sales Outstanding?

Xinlun New Materials Co's average Accounts Receivable for the three months ended in Mar. 2024 was ¥140.8 Mil. Xinlun New Materials Co's Revenue for the three months ended in Mar. 2024 was ¥103.0 Mil. Hence, Xinlun New Materials Co's Days Sales Outstanding for the three months ended in Mar. 2024 was 124.76.

The historical rank and industry rank for Xinlun New Materials Co's Days Sales Outstanding or its related term are showing as below:

SZSE:002341' s Days Sales Outstanding Range Over the Past 10 Years
Min: 74.49   Med: 141.04   Max: 290.32
Current: 88.07

During the past 13 years, Xinlun New Materials Co's highest Days Sales Outstanding was 290.32. The lowest was 74.49. And the median was 141.04.

SZSE:002341's Days Sales Outstanding is ranked worse than
72.07% of 1529 companies
in the Chemicals industry
Industry Median: 64.13 vs SZSE:002341: 88.07

Xinlun New Materials Co's Days Sales Outstanding increased from Mar. 2023 (109.14) to Mar. 2024 (124.76).


Xinlun New Materials Co Days Sales Outstanding Historical Data

The historical data trend for Xinlun New 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.

Xinlun New Materials Co Days Sales Outstanding Chart

Xinlun New 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 140.33 141.74 99.46 74.49 97.06

Xinlun New 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 109.14 98.10 72.98 74.22 124.76

Competitive Comparison of Xinlun New Materials Co's Days Sales Outstanding

For the Specialty Chemicals subindustry, Xinlun New 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.


Xinlun New Materials Co's Days Sales Outstanding Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Xinlun New Materials Co's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where Xinlun New Materials Co's Days Sales Outstanding falls into.



Xinlun New 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.

Xinlun New 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
=( (200.026 + 152.539) / 2 ) / 662.902*365
=176.2825 / 662.902*365
=97.06

Xinlun New 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
=( (152.539 + 129.095) / 2 ) / 102.996*365 / 4
=140.817 / 102.996*365 / 4
=124.76

* 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.


Xinlun New Materials Co  (SZSE:002341) Days Sales Outstanding Explanation

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


Xinlun New Materials Co Days Sales Outstanding Related Terms

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Xinlun New Materials Co (SZSE:002341) Business Description

Traded in Other Exchanges
N/A
Address
No. 24 Futian Road, Futian Street, 32nd Floor, Coastal Huanqing Building, Weizhen Community, Futian District, Guangdong Province, Shenzhen, CHN, 518052
Xinlun New Materials Co Ltd engages in the research, development, manufacture, and sale of new materials. It offers double-sided tapes, optical tapes, protective films, functional tapes, TAC products, graphite sheets, aluminum-plastic composite films. The company also provides electronic/pharmaceutical/food industry clean-room engineering design, construction, and maintenance integrated solution; ultra clean products research, production, and sales integration services.
Executives
Li Jing Bin Directors, executives
Liao Yao Directors, executives
Shi Dong Yi Yuan Directors, executives
Li Hong Liang Executives
Li Hong Liu Directors, Directors, and Executives
Yang Dong Executives
Chen De Sheng Executives
Wang Feng De Directors, executives
Ruan Zheng Securities Affairs Representative
Fu Bo Directors, executives
Hou Yi Director
Hou Hai Feng Executives
Hou Fei Supervisors
Zhang Yuan Director
Zhang Qiang Director

Xinlun New Materials Co (SZSE:002341) Headlines

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