Guangdong Vanward New Electric Co (SZSE:002543) Days Sales Outstanding : 47.36 (As of Jun. 2024)

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What is Guangdong Vanward New Electric Co Days Sales Outstanding?

Guangdong Vanward New Electric Co's average Accounts Receivable for the three months ended in Jun. 2024 was ¥951 Mil. Guangdong Vanward New Electric Co's Revenue for the three months ended in Jun. 2024 was ¥1,831 Mil. Hence, Guangdong Vanward New Electric Co's Days Sales Outstanding for the three months ended in Jun. 2024 was 47.36.

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

SZSE:002543' s Days Sales Outstanding Range Over the Past 10 Years
Min: 32.43 Med: 40.61 Max: 48.59
Current: 41.1

During the past 13 years, Guangdong Vanward New Electric Co's highest Days Sales Outstanding was 48.59. The lowest was 32.43. And the median was 40.61.

SZSE:002543's Days Sales Outstanding is ranked better than
65.8% of 424 companies
in the Furnishings, Fixtures & Appliances industry
Industry Median: 52.865 vs SZSE:002543: 41.10

Guangdong Vanward New Electric Co's Days Sales Outstanding increased from Jun. 2023 (43.27) to Jun. 2024 (47.36).

Guangdong Vanward New Electric Co Days Sales Outstanding Historical Data

The historical data trend for Guangdong Vanward New Electric 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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Guangdong Vanward New Electric Co Days Sales Outstanding Chart

Guangdong Vanward New Electric Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

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40.96

48.59

42.38

43.37

46.75

Guangdong Vanward New Electric Co Quarterly Data
	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24
Days Sales Outstanding	Get a 7-Day Free Trial															43.27	37.13	36.79	43.62	47.36

Competitive Comparison of Guangdong Vanward New Electric Co's Days Sales Outstanding

For the Furnishings, Fixtures & Appliances subindustry, Guangdong Vanward New Electric 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.

Guangdong Vanward New Electric Co's Days Sales Outstanding Distribution in the Furnishings, Fixtures & Appliances Industry

For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, Guangdong Vanward New Electric Co's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where Guangdong Vanward New Electric Co's Days Sales Outstanding falls into.

Guangdong Vanward New Electric 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.

Guangdong Vanward New Electric 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
=	( (703.912	+	859.644)	/	2 )	/	6103.793	*	365
=	781.778					/	6103.793	*	365
=	46.75

Guangdong Vanward New Electric Co's Days Sales Outstanding for the quarter that ended in Jun. 2024 is calculated as:

	Days Sales Outstanding (Q: Jun. 2024 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Mar. 2024 )	+	Accounts Receivable (A: Jun. 2024 ))	/	count )	/	Revenue (A: Jun. 2024 )	*	Days in Period
=	( (1033.013	+	868.162)	/	2 )	/	1831.45	*	365 / 4
=	950.5875					/	1831.45	*	365 / 4
=	47.36

Guangdong Vanward New Electric Co (SZSE:002543) Days Sales Outstanding Explanation

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

Guangdong Vanward New Electric Co Days Sales Outstanding Related Terms

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Guangdong Vanward New Electric Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Furnishings, Fixtures & Appliances » Guangdong Vanward New Electric Co Ltd (SZSE:002543) » Definitions » Days Sales Outstanding

Traded in Other Exchanges

N/A

Address

No.13, Jianye Mid-Road, Shunde High-Tech Industry Development Zone, Ronggui, Shunde, Foshan, Guangdong, CHN, 528305

Website

http://www.chinavanward.com

Guangdong Vanward New Electric Co Ltd is a China-based company engaged in the manufacture and sale of gas water heaters and other gas appliances. Its main products include gas water heaters, range hoods, as well as air, solar and other new energy hot water products. The company's products are mainly used in domestic hot water, heating and hot water, refrigeration, drying and surplus heat of backwater.

Executives

Huang Shao Yan	Supervisors
Hu Ling	Supervisors
Huang Hui Guang	Supervisors
Li Yue	Executives
Lu Chu Qi	Director

Guangdong Vanward New Electric Co Headlines

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