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Shandong Sunpaper Co (SZSE:002078) Days Sales Outstanding : 21.63 (As of Dec. 2023)


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What is Shandong Sunpaper Co Days Sales Outstanding?

Shandong Sunpaper Co's average Accounts Receivable for the three months ended in Dec. 2023 was ¥2,451 Mil. Shandong Sunpaper Co's Revenue for the three months ended in Dec. 2023 was ¥10,342 Mil. Hence, Shandong Sunpaper Co's Days Sales Outstanding for the three months ended in Dec. 2023 was 21.63.

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

SZSE:002078' s Days Sales Outstanding Range Over the Past 10 Years
Min: 18.44   Med: 25.34   Max: 29.11
Current: 24.26

During the past 13 years, Shandong Sunpaper Co's highest Days Sales Outstanding was 29.11. The lowest was 18.44. And the median was 25.34.

SZSE:002078's Days Sales Outstanding is ranked better than
87.76% of 286 companies
in the Forest Products industry
Industry Median: 54.49 vs SZSE:002078: 24.26

Shandong Sunpaper Co's Days Sales Outstanding declined from Dec. 2022 (23.46) to Dec. 2023 (21.63).


Shandong Sunpaper Co Days Sales Outstanding Historical Data

The historical data trend for Shandong Sunpaper 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.

* Premium members only.

Shandong Sunpaper Co Days Sales Outstanding Chart

Shandong Sunpaper Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Sales Outstanding
Get a 7-Day Free Trial Premium Member Only Premium Member Only 24.62 27.19 19.27 18.44 19.32

Shandong Sunpaper Co Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Days Sales Outstanding Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 23.46 25.48 28.73 26.42 21.63

Competitive Comparison of Shandong Sunpaper Co's Days Sales Outstanding

For the Paper & Paper Products subindustry, Shandong Sunpaper 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.


Shandong Sunpaper Co's Days Sales Outstanding Distribution in the Forest Products Industry

For the Forest Products industry and Basic Materials sector, Shandong Sunpaper Co's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where Shandong Sunpaper Co's Days Sales Outstanding falls into.



Shandong Sunpaper 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.

Shandong Sunpaper 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
=( (2232.607 + 1954.194) / 2 ) / 39544.343*365
=2093.4005 / 39544.343*365
=19.32

Shandong Sunpaper Co'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: Sep. 2023 ) + Accounts Receivable (A: Dec. 2023 )) / count ) / Revenue (A: Dec. 2023 )*Days in Period
=( (2947.93 + 1954.194) / 2 ) / 10341.814*365 / 4
=2451.062 / 10341.814*365 / 4
=21.63

* 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.


Shandong Sunpaper Co  (SZSE:002078) Days Sales Outstanding Explanation

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


Shandong Sunpaper Co Days Sales Outstanding Related Terms

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Shandong Sunpaper Co (SZSE:002078) Business Description

Traded in Other Exchanges
N/A
Address
No. 1 Youyi Road, Shandong Province, Yanzhou District, Jining, CHN, 272100
Shandong Sunpaper Co Ltd is a China-based paper making company. It manufactures and distributes paper products. The company's product lines includes premium coated packaging paperboard, high-class art paper, high-class cultural and office paper, specialty fiber dissolving pulp, household paper, and industrial paper. Its main brands include Golden Sun, Huaxia Sun, Brilliant Sun, Weier, Lecopy, Koolprint, Sun Elements, Suyappy, International Radiance, International Sun and International Union. The company has a presence in Laos and the United States of America.

Shandong Sunpaper Co (SZSE:002078) Headlines

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