Inner Mongolia ERDOS Resources Co (SHSE:600295) Days Sales Outstanding : 16.94 (As of Mar. 2024)

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What is Inner Mongolia ERDOS Resources Co Days Sales Outstanding?

Inner Mongolia ERDOS Resources Co's average Accounts Receivable for the three months ended in Mar. 2024 was ¥1,244 Mil. Inner Mongolia ERDOS Resources Co's Revenue for the three months ended in Mar. 2024 was ¥6,701 Mil. Hence, Inner Mongolia ERDOS Resources Co's Days Sales Outstanding for the three months ended in Mar. 2024 was 16.94.

The historical rank and industry rank for Inner Mongolia ERDOS Resources Co's Days Sales Outstanding or its related term are showing as below:

SHSE:600295' s Days Sales Outstanding Range Over the Past 10 Years
Min: 13.35 Med: 25.7 Max: 43.78
Current: 14.49

During the past 13 years, Inner Mongolia ERDOS Resources Co's highest Days Sales Outstanding was 43.78. The lowest was 13.35. And the median was 25.70.

SHSE:600295's Days Sales Outstanding is ranked better than
92.72% of 1030 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 53.075 vs SHSE:600295: 14.49

Inner Mongolia ERDOS Resources Co's Days Sales Outstanding increased from Mar. 2023 (12.94) to Mar. 2024 (16.94).

Inner Mongolia ERDOS Resources Co Days Sales Outstanding Historical Data

The historical data trend for Inner Mongolia ERDOS Resources 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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Inner Mongolia ERDOS Resources Co Days Sales Outstanding Chart

Inner Mongolia ERDOS Resources Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

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22.90

18.49

13.91

13.35

13.67

Inner Mongolia ERDOS Resources 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															12.94	13.50	14.85	13.26	16.94

Competitive Comparison of Inner Mongolia ERDOS Resources Co's Days Sales Outstanding

For the Textile Manufacturing subindustry, Inner Mongolia ERDOS Resources 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.

Inner Mongolia ERDOS Resources Co's Days Sales Outstanding Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Inner Mongolia ERDOS Resources Co's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where Inner Mongolia ERDOS Resources Co's Days Sales Outstanding falls into.

Inner Mongolia ERDOS Resources 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.

Inner Mongolia ERDOS Resources 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
=	( (1020.711	+	1267.989)	/	2 )	/	30553.63	*	365
=	1144.35					/	30553.63	*	365
=	13.67

Inner Mongolia ERDOS Resources 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
=	( (1267.989	+	1219.544)	/	2 )	/	6700.909	*	365 / 4
=	1243.7665					/	6700.909	*	365 / 4
=	16.94

Inner Mongolia ERDOS Resources Co (SHSE:600295) Days Sales Outstanding Explanation

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

Inner Mongolia ERDOS Resources Co Days Sales Outstanding Related Terms

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Inner Mongolia ERDOS Resources Co (SHSE:600295) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » Inner Mongolia ERDOS Resources Co Ltd (SHSE:600295) » Definitions » Days Sales Outstanding

Traded in Other Exchanges

900936:China

Address

No.1, Hantai Light Textile Street, Dongsheng District, Inner Mongolia Autonomous Region, Erdos City, CHN, 017000

Website

http://www.chinaerdos.com

Inner Mongolia ERDOS Resources Co Ltd operates in the textile and garment industry. The company is mainly engaged in the cashmere clothing production. In addition, the company is also engaged in coal mining, power generation, silicon ferroalloy, chlor-alkali chemicals, fertilizers, polysilicon and other products processing and sales. Its product range consists of a cashmere sweater and other cashmere products, ferrosilicon, Si-Mn alloy, coal, calcium carbide, and polyvinyl chloride resin.

Executives

Zhang Mei Rong	Director
Wang Zhen	Director
Zhang Yi Ling	Director

Inner Mongolia ERDOS Resources Co (SHSE:600295) Headlines

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