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Luoyang North Glass Technology Co (SZSE:002613) Days Sales Outstanding : 72.18 (As of Mar. 2024)


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What is Luoyang North Glass Technology Co Days Sales Outstanding?

Luoyang North Glass Technology Co's average Accounts Receivable for the three months ended in Mar. 2024 was ¥320 Mil. Luoyang North Glass Technology Co's Revenue for the three months ended in Mar. 2024 was ¥405 Mil. Hence, Luoyang North Glass Technology Co's Days Sales Outstanding for the three months ended in Mar. 2024 was 72.18.

The historical rank and industry rank for Luoyang North Glass Technology Co's Days Sales Outstanding or its related term are showing as below:

SZSE:002613' s Days Sales Outstanding Range Over the Past 10 Years
Min: 56.76   Med: 84.88   Max: 116.83
Current: 75.39

During the past 13 years, Luoyang North Glass Technology Co's highest Days Sales Outstanding was 116.83. The lowest was 56.76. And the median was 84.88.

SZSE:002613's Days Sales Outstanding is ranked better than
53.64% of 2957 companies
in the Industrial Products industry
Industry Median: 79.63 vs SZSE:002613: 75.39

Luoyang North Glass Technology Co's Days Sales Outstanding increased from Mar. 2023 (71.25) to Mar. 2024 (72.18).


Luoyang North Glass Technology Co Days Sales Outstanding Historical Data

The historical data trend for Luoyang North Glass 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.

Luoyang North Glass Technology Co Days Sales Outstanding Chart

Luoyang North Glass 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 61.05 64.09 56.76 70.73 60.44

Luoyang North Glass 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 71.25 63.54 89.81 82.69 72.18

Competitive Comparison of Luoyang North Glass Technology Co's Days Sales Outstanding

For the Specialty Industrial Machinery subindustry, Luoyang North Glass 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.


Luoyang North Glass Technology Co's Days Sales Outstanding Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Luoyang North Glass Technology Co's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where Luoyang North Glass Technology Co's Days Sales Outstanding falls into.



Luoyang North Glass 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.

Luoyang North Glass 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
=( (250.498 + 297.606) / 2 ) / 1655.142*365
=274.052 / 1655.142*365
=60.44

Luoyang North Glass 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
=( (297.606 + 342.558) / 2 ) / 404.675*365 / 4
=320.082 / 404.675*365 / 4
=72.18

* 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.


Luoyang North Glass Technology Co  (SZSE:002613) Days Sales Outstanding Explanation

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


Luoyang North Glass Technology Co Days Sales Outstanding Related Terms

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Luoyang North Glass Technology Co (SZSE:002613) Business Description

Traded in Other Exchanges
N/A
Address
20 Binhe Road, High-tech Development Zone, Henan, Luoyang, CHN, 471003
Luoyang North Glass Technology Co Ltd is engaged in the research and development, and design of glass deep processing equipment and glass deep processing products. The products of the company include tempering furnace, coating production line, vertical edging machine, film system, glass screen printing line, and automated connection system.
Executives
Gao Xue Ming Director
Shi Yu An Supervisors
Yang Yuan Xi Executives
Gao Qi Executives
Wang Ji Feng Supervisors
Gao Xue Lin Director
Meng Xian Hui Supervisors
Gao Li Directors, executives
Han Jun Feng Supervisors
Xia Bing Executives
Shi Yan Supervisors
Lei Min Executives
Zhao Luo Ru Executives

Luoyang North Glass Technology Co (SZSE:002613) Headlines

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