Anhui Honglu Steel Construction Group Co (SZSE:002541) Days Sales Outstanding : 33.83 (As of Dec. 2023)

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What is Anhui Honglu Steel Construction Group Co Days Sales Outstanding?

Anhui Honglu Steel Construction Group Co's average Accounts Receivable for the three months ended in Dec. 2023 was ¥2,436 Mil. Anhui Honglu Steel Construction Group Co's Revenue for the three months ended in Dec. 2023 was ¥6,571 Mil. Hence, Anhui Honglu Steel Construction Group Co's Days Sales Outstanding for the three months ended in Dec. 2023 was 33.83.

The historical rank and industry rank for Anhui Honglu Steel Construction Group Co's Days Sales Outstanding or its related term are showing as below:

SZSE:002541' s Days Sales Outstanding Range Over the Past 10 Years
Min: 34.47 Med: 63.55 Max: 190.07
Current: 34.47

During the past 13 years, Anhui Honglu Steel Construction Group Co's highest Days Sales Outstanding was 190.07. The lowest was 34.47. And the median was 63.55.

SZSE:002541's Days Sales Outstanding is ranked better than
92.66% of 2958 companies
in the Industrial Products industry
Industry Median: 79.24 vs SZSE:002541: 34.47

Anhui Honglu Steel Construction Group Co's Days Sales Outstanding declined from Dec. 2022 (35.02) to Dec. 2023 (33.83).

Anhui Honglu Steel Construction Group Co Days Sales Outstanding Historical Data

The historical data trend for Anhui Honglu Steel Construction Group 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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Anhui Honglu Steel Construction Group Co Days Sales Outstanding Chart

Anhui Honglu Steel Construction Group Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

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53.00

41.52

34.50

39.14

37.48

Anhui Honglu Steel Construction Group 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															35.02	39.04	31.09	31.75	33.83

Competitive Comparison of Anhui Honglu Steel Construction Group Co's Days Sales Outstanding

For the Metal Fabrication subindustry, Anhui Honglu Steel Construction Group 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.

Anhui Honglu Steel Construction Group Co's Days Sales Outstanding Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Anhui Honglu Steel Construction Group Co's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where Anhui Honglu Steel Construction Group Co's Days Sales Outstanding falls into.

Anhui Honglu Steel Construction Group 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.

Anhui Honglu Steel Construction Group 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
=	( (2116.79	+	2717.602)	/	2 )	/	23539.121	*	365
=	2417.196					/	23539.121	*	365
=	37.48

Anhui Honglu Steel Construction Group 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
=	( (2154.594	+	2717.602)	/	2 )	/	6570.877	*	365 / 4
=	2436.098					/	6570.877	*	365 / 4
=	33.83

Anhui Honglu Steel Construction Group Co (SZSE:002541) Days Sales Outstanding Explanation

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

Anhui Honglu Steel Construction Group Co Days Sales Outstanding Related Terms

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Anhui Honglu Steel Construction Group Co (SZSE:002541) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Anhui Honglu Steel Construction Group Co Ltd (SZSE:002541) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

N/A

Address

Shuangfeng Industrial Zone, Anhui Province, Hefei, CHN, 231131

Website

http://www.hong-lu.com

Anhui Honglu Steel Construction Group Co Ltd manufactures and sells steel structures and related products in China and internationally. The company offers steel structures for industrial buildings, prefabricated steel-framed residential houses, and customized bungalows. It also produces and sells building materials and three-dimensional garages; and invests in and constructs industrial and green steel structural real estate.

Anhui Honglu Steel Construction Group Co (SZSE:002541) Headlines

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