Hunan Huamin Holdings Co (SZSE:300345) Days Sales Outstanding : 51.39 (As of Mar. 2024)

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What is Hunan Huamin Holdings Co Days Sales Outstanding?

Hunan Huamin Holdings Co's average Accounts Receivable for the three months ended in Mar. 2024 was ¥130 Mil. Hunan Huamin Holdings Co's Revenue for the three months ended in Mar. 2024 was ¥231 Mil. Hence, Hunan Huamin Holdings Co's Days Sales Outstanding for the three months ended in Mar. 2024 was 51.39.

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

SZSE:300345' s Days Sales Outstanding Range Over the Past 10 Years
Min: 30.29 Med: 266.67 Max: 452.2
Current: 38.81

During the past 13 years, Hunan Huamin Holdings Co's highest Days Sales Outstanding was 452.20. The lowest was 30.29. And the median was 266.67.

SZSE:300345's Days Sales Outstanding is ranked better than
90.46% of 2957 companies
in the Industrial Products industry
Industry Median: 79.65 vs SZSE:300345: 38.81

Hunan Huamin Holdings Co's Days Sales Outstanding increased from Mar. 2023 (32.94) to Mar. 2024 (51.39).

Hunan Huamin Holdings Co Days Sales Outstanding Historical Data

The historical data trend for Hunan Huamin Holdings 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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Hunan Huamin Holdings Co Days Sales Outstanding Chart

Hunan Huamin Holdings Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

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229.90

151.55

150.60

91.14

30.29

Hunan Huamin Holdings 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															32.94	42.17	32.74	42.87	51.39

Competitive Comparison of Hunan Huamin Holdings Co's Days Sales Outstanding

For the Metal Fabrication subindustry, Hunan Huamin Holdings 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.

Hunan Huamin Holdings Co's Days Sales Outstanding Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Hunan Huamin Holdings Co's Days Sales Outstanding distribution charts can be found below:

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

Hunan Huamin Holdings 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.

Hunan Huamin Holdings 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
=	( (63.177	+	131.909)	/	2 )	/	1175.237	*	365
=	97.543					/	1175.237	*	365
=	30.29

Hunan Huamin Holdings 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
=	( (131.909	+	128.227)	/	2 )	/	230.941	*	365 / 4
=	130.068					/	230.941	*	365 / 4
=	51.39

Hunan Huamin Holdings Co (SZSE:300345) Days Sales Outstanding Explanation

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

Hunan Huamin Holdings Co Days Sales Outstanding Related Terms

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Hunan Huamin Holdings Co (SZSE:300345) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Hunan Huamin Holdings Co Ltd (SZSE:300345) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 068 Jinsha West Road, Jinzhou New District, Hunan, Changsha, CHN, 410600

Website

http://www.chinahongyu.cn

Hunan Huamin Holdings Co Ltd is engaged in provision of high-efficiency ball mill comprehensive energy-saving technology in the mining, cement and thermal power industries; industrial promotion of controlled ion infiltration (PIP) technology. The company produces, processes and sells rinding balls, grinding sections, roller wear-resistant parts and various wear-resistant new materials; production, sales and disassembly of lining plates; research and development, production and sales of polymer materials; research and development of energy-saving technologies for ball mills, among others.

Executives

Chen Ai Wen	Independent director
Chen Gui	Supervisors
Peng Guo Qun	Supervisors
Zhang Li	Executives
Zhu Hong Yu	Directors, Directors, and Executives
Chen Xin Wen	Secretary Dong

Hunan Huamin Holdings Co (SZSE:300345) Headlines

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