Yingde Greatchem Chemicals Co (SZSE:300804) Days Sales Outstanding : 86.85 (As of Mar. 2024)

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What is Yingde Greatchem Chemicals Co Days Sales Outstanding?

Yingde Greatchem Chemicals Co's average Accounts Receivable for the three months ended in Mar. 2024 was ¥169.5 Mil. Yingde Greatchem Chemicals Co's Revenue for the three months ended in Mar. 2024 was ¥178.1 Mil. Hence, Yingde Greatchem Chemicals Co's Days Sales Outstanding for the three months ended in Mar. 2024 was 86.85.

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

SZSE:300804' s Days Sales Outstanding Range Over the Past 10 Years
Min: 48.62 Med: 59.88 Max: 111.23
Current: 111.23

During the past 6 years, Yingde Greatchem Chemicals Co's highest Days Sales Outstanding was 111.23. The lowest was 48.62. And the median was 59.88.

SZSE:300804's Days Sales Outstanding is ranked worse than
73.62% of 235 companies
in the Agriculture industry
Industry Median: 74.65 vs SZSE:300804: 111.23

Yingde Greatchem Chemicals Co's Days Sales Outstanding declined from Mar. 2023 (92.19) to Mar. 2024 (86.85).

Warning Sign:

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

Yingde Greatchem Chemicals Co Days Sales Outstanding Historical Data

The historical data trend for Yingde Greatchem Chemicals 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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Yingde Greatchem Chemicals Co Days Sales Outstanding Chart

Yingde Greatchem Chemicals Co Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

Get a 7-Day Free Trial

57.17

48.62

48.72

62.59

102.05

Yingde Greatchem Chemicals Co Quarterly Data
	Dec18	Dec19	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Days Sales Outstanding	Get a 7-Day Free Trial											92.19	135.49	131.78	89.49	86.85

Competitive Comparison of Yingde Greatchem Chemicals Co's Days Sales Outstanding

For the Agricultural Inputs subindustry, Yingde Greatchem Chemicals 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.

Yingde Greatchem Chemicals Co's Days Sales Outstanding Distribution in the Agriculture Industry

For the Agriculture industry and Basic Materials sector, Yingde Greatchem Chemicals Co's Days Sales Outstanding distribution charts can be found below:

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

Yingde Greatchem Chemicals 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.

Yingde Greatchem Chemicals 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
=	( (137.444	+	139.352)	/	2 )	/	495.011	*	365
=	138.398					/	495.011	*	365
=	102.05

Yingde Greatchem Chemicals 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
=	( (139.352	+	199.586)	/	2 )	/	178.059	*	365 / 4
=	169.469					/	178.059	*	365 / 4
=	86.85

Yingde Greatchem Chemicals Co (SZSE:300804) Days Sales Outstanding Explanation

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

Yingde Greatchem Chemicals Co Days Sales Outstanding Related Terms

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Yingde Greatchem Chemicals Co (SZSE:300804) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Agriculture » Yingde Greatchem Chemicals Co Ltd (SZSE:300804) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

N/A

Address

Agrochemical Industry Chain Dedicated Base, Hongfeng Management District, Shakou Town, Guangdong Province, Yingde, CHN, 513052

Website

https://www.greatchem.com.cn

Yingde Greatchem Chemicals Co Ltd is a designated enterprise for the production of agrochemicals in China who is mainly in charge the development, production and sales for the intermediates, technical grades and formulations of agrochemicals.

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