Jiangsu Huaxin New Material Co (SZSE:300717) Days Sales Outstanding : 118.84 (As of Mar. 2024)

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What is Jiangsu Huaxin New Material Co Days Sales Outstanding?

Jiangsu Huaxin New Material Co's average Accounts Receivable for the three months ended in Mar. 2024 was ¥103.2 Mil. Jiangsu Huaxin New Material Co's Revenue for the three months ended in Mar. 2024 was ¥79.2 Mil. Hence, Jiangsu Huaxin New Material Co's Days Sales Outstanding for the three months ended in Mar. 2024 was 118.84.

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

SZSE:300717' s Days Sales Outstanding Range Over the Past 10 Years
Min: 114.06 Med: 132.8 Max: 169.83
Current: 115.65

During the past 11 years, Jiangsu Huaxin New Material Co's highest Days Sales Outstanding was 169.83. The lowest was 114.06. And the median was 132.80.

SZSE:300717's Days Sales Outstanding is ranked worse than
87.54% of 1525 companies
in the Chemicals industry
Industry Median: 64.02 vs SZSE:300717: 115.65

Jiangsu Huaxin New Material Co's Days Sales Outstanding declined from Mar. 2023 (134.43) to Mar. 2024 (118.84).

Jiangsu Huaxin New Material Co Days Sales Outstanding Historical Data

The historical data trend for Jiangsu Huaxin New Material 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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Jiangsu Huaxin New Material Co Days Sales Outstanding Chart

Jiangsu Huaxin New Material Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

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141.34

169.83

150.51

131.73

114.06

Jiangsu Huaxin New Material 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															134.43	134.77	107.39	98.38	118.84

Competitive Comparison of Jiangsu Huaxin New Material Co's Days Sales Outstanding

For the Specialty Chemicals subindustry, Jiangsu Huaxin New Material 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.

Jiangsu Huaxin New Material Co's Days Sales Outstanding Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Jiangsu Huaxin New Material Co's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where Jiangsu Huaxin New Material Co's Days Sales Outstanding falls into.

Jiangsu Huaxin New Material 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.

Jiangsu Huaxin New Material 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
=	( (108.125	+	96.275)	/	2 )	/	327.052	*	365
=	102.2					/	327.052	*	365
=	114.06

Jiangsu Huaxin New Material 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
=	( (96.275	+	110.068)	/	2 )	/	79.216	*	365 / 4
=	103.1715					/	79.216	*	365 / 4
=	118.84

Jiangsu Huaxin New Material Co (SZSE:300717) Days Sales Outstanding Explanation

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

Jiangsu Huaxin New Material Co Days Sales Outstanding Related Terms

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Jiangsu Huaxin New Material Co (SZSE:300717) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Jiangsu Huaxin New Material Co Ltd (SZSE:300717) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 189, Daqiao East Road, Xinyi, Taipei, CHN, 221416

Website

http://www.huaxinchina.cc

Jiangsu Huaxin New Material Co Ltd manufactures plastic products. The Company designs, produces, and markets smart card substrate and functional plastic films. Its products include PETG, PVC, PVC/ABS blend, bio-degradable PHA, and medical films; coated overlays; digital printing materials; and PET and PC card materials, as well as coated PVC for etching antennas. The company offers its products for use in various industries, including finance, transport, medical treatment, electronic information, social security, decoration, packaging.

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