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Shanghai Shunho New Materials Technology Co (SZSE:002565) Days Sales Outstanding : 77.58 (As of Mar. 2024)


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What is Shanghai Shunho New Materials Technology Co Days Sales Outstanding?

Shanghai Shunho New Materials Technology Co's average Accounts Receivable for the three months ended in Mar. 2024 was ¥311 Mil. Shanghai Shunho New Materials Technology Co's Revenue for the three months ended in Mar. 2024 was ¥365 Mil. Hence, Shanghai Shunho New Materials Technology Co's Days Sales Outstanding for the three months ended in Mar. 2024 was 77.58.

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

SZSE:002565' s Days Sales Outstanding Range Over the Past 10 Years
Min: 72.51   Med: 106.75   Max: 124.24
Current: 72.51

During the past 13 years, Shanghai Shunho New Materials Technology Co's highest Days Sales Outstanding was 124.24. The lowest was 72.51. And the median was 106.75.

SZSE:002565's Days Sales Outstanding is ranked worse than
55.17% of 377 companies
in the Packaging & Containers industry
Industry Median: 69.1 vs SZSE:002565: 72.51

Shanghai Shunho New Materials Technology Co's Days Sales Outstanding declined from Mar. 2023 (109.24) to Mar. 2024 (77.58).


Shanghai Shunho New Materials Technology Co Days Sales Outstanding Historical Data

The historical data trend for Shanghai Shunho New Materials 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.

* Premium members only.

Shanghai Shunho New Materials Technology Co Days Sales Outstanding Chart

Shanghai Shunho New Materials Technology 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 111.07 104.58 93.11 97.35 89.90

Shanghai Shunho New Materials 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 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 109.24 86.78 60.85 72.44 77.58

Competitive Comparison of Shanghai Shunho New Materials Technology Co's Days Sales Outstanding

For the Packaging & Containers subindustry, Shanghai Shunho New Materials 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.


Shanghai Shunho New Materials Technology Co's Days Sales Outstanding Distribution in the Packaging & Containers Industry

For the Packaging & Containers industry and Consumer Cyclical sector, Shanghai Shunho New Materials Technology Co's Days Sales Outstanding distribution charts can be found below:

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



Shanghai Shunho New Materials 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.

Shanghai Shunho New Materials 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
=( (378.865 + 323.28) / 2 ) / 1425.373*365
=351.0725 / 1425.373*365
=89.90

Shanghai Shunho New Materials 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
=( (323.28 + 298.145) / 2 ) / 365.448*365 / 4
=310.7125 / 365.448*365 / 4
=77.58

* 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.


Shanghai Shunho New Materials Technology Co  (SZSE:002565) Days Sales Outstanding Explanation

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


Shanghai Shunho New Materials Technology Co Days Sales Outstanding Related Terms

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Shanghai Shunho New Materials Technology Co (SZSE:002565) Business Description

Traded in Other Exchanges
N/A
Address
Number 200 Chenzhen Road, Putuo district, Shanghai, CHN
Shanghai Shunho New Materials Technology Co Ltd is engaged in development, manufacturing and sales of environmental packaging materials. The product categories offered by the company includes TransMet, New Materials, Printing Equipment, and Electronic Cigarette.
Executives
Zhou Yin Jue Supervisors
Yuan Chen Executives
Chen Jie Min Securities Affairs Representative
Guo Zhu Directors, executives
Zhang Xiao Dong Directors, executives
Cheng Yong Qing Supervisors
Lv Zhong Ze Executives
Ning Yu Jie Directors, executives
Dai Mao Bin Executives
Shi Lin Director

Shanghai Shunho New Materials Technology Co (SZSE:002565) Headlines

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