Shougang Fushan Resources Group (HKSE:00639) Days Sales Outstanding : 46.08 (As of Dec. 2023)

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What is Shougang Fushan Resources Group Days Sales Outstanding?

Shougang Fushan Resources Group's average Accounts Receivable for the six months ended in Dec. 2023 was HK$618 Mil. Shougang Fushan Resources Group's Revenue for the six months ended in Dec. 2023 was HK$2,449 Mil. Hence, Shougang Fushan Resources Group's Days Sales Outstanding for the six months ended in Dec. 2023 was 46.08.

The historical rank and industry rank for Shougang Fushan Resources Group's Days Sales Outstanding or its related term are showing as below:

HKSE:00639' s Days Sales Outstanding Range Over the Past 10 Years
Min: 39.99 Med: 66.73 Max: 199.02
Current: 52.68

During the past 13 years, Shougang Fushan Resources Group's highest Days Sales Outstanding was 199.02. The lowest was 39.99. And the median was 66.73.

HKSE:00639's Days Sales Outstanding is ranked worse than
53% of 600 companies
in the Steel industry
Industry Median: 49.88 vs HKSE:00639: 52.68

Shougang Fushan Resources Group's Days Sales Outstanding declined from Dec. 2022 (64.66) to Dec. 2023 (46.08).

Shougang Fushan Resources Group Days Sales Outstanding Historical Data

The historical data trend for Shougang Fushan Resources Group'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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Shougang Fushan Resources Group Days Sales Outstanding Chart

Shougang Fushan Resources Group Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

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54.73

52.83

39.99

48.84

57.16

Shougang Fushan Resources Group Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Days Sales Outstanding	Get a 7-Day Free Trial															29.75	40.82	64.66	53.56	46.08

Competitive Comparison of Shougang Fushan Resources Group's Days Sales Outstanding

For the Coking Coal subindustry, Shougang Fushan Resources Group'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.

Shougang Fushan Resources Group's Days Sales Outstanding Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, Shougang Fushan Resources Group's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where Shougang Fushan Resources Group's Days Sales Outstanding falls into.

Shougang Fushan Resources Group 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.

Shougang Fushan Resources Group'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
=	( (1314.509	+	530.468)	/	2 )	/	5891.068	*	365
=	922.4885					/	5891.068	*	365
=	57.16

Shougang Fushan Resources Group's Days Sales Outstanding for the quarter that ended in Dec. 2023 is calculated as:

	Days Sales Outstanding (Q: Dec. 2023 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Jun. 2023 )	+	Accounts Receivable (A: Dec. 2023 ))	/	count )	/	Revenue (A: Dec. 2023 )	*	Days in Period
=	( (706.005	+	530.468)	/	2 )	/	2448.763	*	365 / 2
=	618.2365					/	2448.763	*	365 / 2
=	46.08

Shougang Fushan Resources Group (HKSE:00639) Days Sales Outstanding Explanation

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

Shougang Fushan Resources Group Days Sales Outstanding Related Terms

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Shougang Fushan Resources Group (HKSE:00639) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » Shougang Fushan Resources Group Ltd (HKSE:00639) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

FSHYF:USA FU7:Germany

Address

56 Gloucester Road, 6th Floor, Bank of East Asia Harbour View Centre, Wanchai, Hong Kong, HKG

Website

http://www.shougang-resources.com.hk

Shougang Fushan Resources Group Ltd is engaged in coking coal mining, production and sales of coking coal products in the PRC. It derives revenue from the sale of clean coking coal and raw coking coal. The group has three operating coking coal mines and three coal preparation plants. The group has a business presence in the PRC and Hong Kong.

Shougang Fushan Resources Group (HKSE:00639) Headlines

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