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ERA Co (SZSE:002641) Days Sales Outstanding : 73.06 (As of Mar. 2024)


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What is ERA Co Days Sales Outstanding?

ERA Co's average Accounts Receivable for the three months ended in Mar. 2024 was ¥995 Mil. ERA Co's Revenue for the three months ended in Mar. 2024 was ¥1,243 Mil. Hence, ERA Co's Days Sales Outstanding for the three months ended in Mar. 2024 was 73.06.

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

SZSE:002641' s Days Sales Outstanding Range Over the Past 10 Years
Min: 38.66   Med: 54.68   Max: 60.99
Current: 52.86

During the past 13 years, ERA Co's highest Days Sales Outstanding was 60.99. The lowest was 38.66. And the median was 54.68.

SZSE:002641's Days Sales Outstanding is ranked better than
69.59% of 1641 companies
in the Construction industry
Industry Median: 73.38 vs SZSE:002641: 52.86

ERA Co's Days Sales Outstanding increased from Mar. 2023 (66.33) to Mar. 2024 (73.06).


ERA Co Days Sales Outstanding Historical Data

The historical data trend for ERA 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.

ERA Co Days Sales Outstanding Chart

ERA 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 55.03 45.85 45.77 58.95 53.98

ERA 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 66.33 47.79 48.81 48.31 73.06

Competitive Comparison of ERA Co's Days Sales Outstanding

For the Building Products & Equipment subindustry, ERA 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.


ERA Co's Days Sales Outstanding Distribution in the Construction Industry

For the Construction industry and Industrials sector, ERA Co's Days Sales Outstanding distribution charts can be found below:

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



ERA 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.

ERA 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
=( (1165.95 + 1044.085) / 2 ) / 7471.336*365
=1105.0175 / 7471.336*365
=53.98

ERA 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
=( (1044.085 + 946.406) / 2 ) / 1243.038*365 / 4
=995.2455 / 1243.038*365 / 4
=73.06

* 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.


ERA Co  (SZSE:002641) Days Sales Outstanding Explanation

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


ERA Co Days Sales Outstanding Related Terms

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ERA Co (SZSE:002641) Business Description

Traded in Other Exchanges
N/A
Address
No.2 Daixi Road, Economic Development Zone, Huangyan East, Zhejiang Province, Taizhou, CHN
ERA Co Ltd, formerly Yonggao Co Ltd manufacturers of plastic valves and fittings. Its products offer PP compression fittings and clamp saddles, CPVC valves, PVC pressure pipes and fittings and PVC pressure fittings, among others.
Executives
Zhang Wei Directors, executives
Lu Zhen Yu Director
Lu Cai Fen Director
Zhang Xian Kang Executives
Lin Ying Fu Executives
Wang Jie Jun Executives

ERA Co (SZSE:002641) Headlines

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