Hailun Piano Co (SZSE:300329) Days Sales Outstanding : 265.30 (As of Mar. 2024)

View and export this data going back to 2012. Start your Free Trial

What is Hailun Piano Co Days Sales Outstanding?

Hailun Piano Co's average Accounts Receivable for the three months ended in Mar. 2024 was ¥134.4 Mil. Hailun Piano Co's Revenue for the three months ended in Mar. 2024 was ¥46.2 Mil. Hence, Hailun Piano Co's Days Sales Outstanding for the three months ended in Mar. 2024 was 265.30.

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

SZSE:300329' s Days Sales Outstanding Range Over the Past 10 Years
Min: 59.47 Med: 81.09 Max: 174.71
Current: 174.71

During the past 13 years, Hailun Piano Co's highest Days Sales Outstanding was 174.71. The lowest was 59.47. And the median was 81.09.

SZSE:300329's Days Sales Outstanding is ranked worse than
94.51% of 802 companies
in the Travel & Leisure industry
Industry Median: 29.83 vs SZSE:300329: 174.71

Hailun Piano Co's Days Sales Outstanding increased from Mar. 2023 (148.61) to Mar. 2024 (265.30).

Warning Sign:

If a company's sales outstanding increases, it means it has difficulty collecting payments from its customers.

Hailun Piano Co Days Sales Outstanding Historical Data

The historical data trend for Hailun Piano 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.

Hailun Piano Co Days Sales Outstanding Chart

Hailun Piano Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

Get a 7-Day Free Trial

59.47

77.46

76.68

118.02

166.85

Hailun Piano 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															148.61	139.20	158.27	181.09	265.30

Competitive Comparison of Hailun Piano Co's Days Sales Outstanding

For the Leisure subindustry, Hailun Piano 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.

Hailun Piano Co's Days Sales Outstanding Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Hailun Piano Co's Days Sales Outstanding distribution charts can be found below:

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

Hailun Piano 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.

Hailun Piano 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
=	( (133.022	+	138.925)	/	2 )	/	297.459	*	365
=	135.9735					/	297.459	*	365
=	166.85

Hailun Piano 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
=	( (138.925	+	129.891)	/	2 )	/	46.23	*	365 / 4
=	134.408					/	46.23	*	365 / 4
=	265.30

Hailun Piano Co (SZSE:300329) Days Sales Outstanding Explanation

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

Hailun Piano Co Days Sales Outstanding Related Terms

Thank you for viewing the detailed overview of Hailun Piano Co's Days Sales Outstanding provided by GuruFocus.com. Please click on the following links to see related term pages.

Hailun Piano Co (SZSE:300329) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Hailun Piano Co Ltd (SZSE:300329) » Definitions » Days Sales Outstanding

Traded in Other Exchanges

N/A

Address

No. 36, Longtanshan Road, Beilun Distrist, Zhejiang, Ningbo, CHN, 315806

Website

https://www.hailun-pianos.com

Hailun Piano Co Ltd is engaged in manufacturing piano parts. The products of the company include grand piano and upright pianos.

Hailun Piano Co (SZSE:300329) Headlines

No Headlines