Qingdao Tianneng Heavy Industries Co (SZSE:300569) Days Sales Outstanding : 436.73 (As of Mar. 2025)

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What is Qingdao Tianneng Heavy Industries Co Days Sales Outstanding?

Qingdao Tianneng Heavy Industries Co's average Accounts Receivable for the three months ended in Mar. 2025 was ¥2,701 Mil. Qingdao Tianneng Heavy Industries Co's Revenue for the three months ended in Mar. 2025 was ¥564 Mil. Hence, Qingdao Tianneng Heavy Industries Co's Days Sales Outstanding for the three months ended in Mar. 2025 was 436.73.

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

SZSE:300569' s Days Sales Outstanding Range Over the Past 10 Years
Min: 113.55 Med: 165.82 Max: 356.87
Current: 323.33

During the past 13 years, Qingdao Tianneng Heavy Industries Co's highest Days Sales Outstanding was 356.87. The lowest was 113.55. And the median was 165.82.

SZSE:300569's Days Sales Outstanding is ranked worse than
96.97% of 2969 companies
in the Industrial Products industry
Industry Median: 80.48 vs SZSE:300569: 323.33

Qingdao Tianneng Heavy Industries Co's Days Sales Outstanding declined from Mar. 2024 (591.68) to Mar. 2025 (436.73).

Qingdao Tianneng Heavy Industries Co Days Sales Outstanding Historical Data

The historical data trend for Qingdao Tianneng Heavy Industries 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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Qingdao Tianneng Heavy Industries Co Days Sales Outstanding Chart

Qingdao Tianneng Heavy Industries Co Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Days Sales Outstanding

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153.05

178.58

220.66

269.31

356.87

Qingdao Tianneng Heavy Industries Co Quarterly Data
	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24	Mar25
Days Sales Outstanding	Get a 7-Day Free Trial															591.68	450.38	418.84	182.64	436.73

Competitive Comparison of Qingdao Tianneng Heavy Industries Co's Days Sales Outstanding

For the Specialty Industrial Machinery subindustry, Qingdao Tianneng Heavy Industries 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.

Qingdao Tianneng Heavy Industries Co's Days Sales Outstanding Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Qingdao Tianneng Heavy Industries Co's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where Qingdao Tianneng Heavy Industries Co's Days Sales Outstanding falls into.

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Qingdao Tianneng Heavy Industries 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.

Qingdao Tianneng Heavy Industries Co's Days Sales Outstanding for the fiscal year that ended in Dec. 2024 is calculated as

	Days Sales Outstanding (A: Dec. 2024 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Dec. 2023 )	+	Accounts Receivable (A: Dec. 2024 ))	/	count )	/	Revenue (A: Dec. 2024 )	*	Days in Period
=	( (3537.041	+	2863.169)	/	2 )	/	3273.045	*	365
=	3200.105					/	3273.045	*	365
=	356.87

Qingdao Tianneng Heavy Industries Co's Days Sales Outstanding for the quarter that ended in Mar. 2025 is calculated as:

	Days Sales Outstanding (Q: Mar. 2025 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Dec. 2024 )	+	Accounts Receivable (A: Mar. 2025 ))	/	count )	/	Revenue (A: Mar. 2025 )	*	Days in Period
=	( (2863.169	+	2539.802)	/	2 )	/	564.443	*	365 / 4
=	2701.4855					/	564.443	*	365 / 4
=	436.73

Qingdao Tianneng Heavy Industries Co (SZSE:300569) Days Sales Outstanding Explanation

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

Qingdao Tianneng Heavy Industries Co Days Sales Outstanding Related Terms

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Qingdao Tianneng Heavy Industries Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Qingdao Tianneng Heavy Industries Co Ltd (SZSE:300569) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 10, Longxiang Street, Datunhe Industrial Park, Ligezhuang Town, Shandong Province, Jiaozhou, CHN

Website

http://www.qdtnp.com

Qingdao Tianneng Heavy Industries Co Ltd specializes in the manufacture and sale of megawatt wind turbine towers and related products. Its other business activities include chemical production equipment manufacturing, photovoltaic power generation, biomass energy generation and electric energy sales. In addition, the company is engaged in biomass energy power station construction, operation and maintenance. The products are sold to more than 20 provinces, municipalities and autonomous regions in China and foreign markets such as Italy, the United States, Iran and other countries.

Executives

Zhao Bo	Executives
Yu Fu Hai	Supervisors
Zhang Shi Qi	Director
Hu Peng Peng	Executives
Song De Hai	Directors, executives
Liu Ping	Executives
Fang Rui Zheng	Directors, executives

Qingdao Tianneng Heavy Industries Co Headlines

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