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Rubber Leaf (Rubber Leaf) Days Sales Outstanding : 134.25 (As of Mar. 2024)


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What is Rubber Leaf Days Sales Outstanding?

Rubber Leaf's average Accounts Receivable for the three months ended in Mar. 2024 was $4.35 Mil. Rubber Leaf's Revenue for the three months ended in Mar. 2024 was $2.96 Mil. Hence, Rubber Leaf's Days Sales Outstanding for the three months ended in Mar. 2024 was 134.25.

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

RLEA' s Days Sales Outstanding Range Over the Past 10 Years
Min: 72.97   Med: 88.78   Max: 131.1
Current: 114.27

During the past 3 years, Rubber Leaf's highest Days Sales Outstanding was 131.10. The lowest was 72.97. And the median was 88.78.

RLEA's Days Sales Outstanding is not ranked
in the Chemicals industry.
Industry Median: 64.02 vs RLEA: 114.27

Rubber Leaf's Days Sales Outstanding declined from Mar. 2023 (157.02) to Mar. 2024 (134.25).

Warning Sign:

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


Rubber Leaf Days Sales Outstanding Historical Data

The historical data trend for Rubber Leaf'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.

Rubber Leaf Days Sales Outstanding Chart

Rubber Leaf Annual Data
Trend Dec21 Dec22 Dec23
Days Sales Outstanding
72.97 131.10 88.78

Rubber Leaf Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Days Sales Outstanding Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only 157.02 150.20 194.17 44.93 134.25

Competitive Comparison of Rubber Leaf's Days Sales Outstanding

For the Specialty Chemicals subindustry, Rubber Leaf'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.


Rubber Leaf's Days Sales Outstanding Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Rubber Leaf's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where Rubber Leaf's Days Sales Outstanding falls into.



Rubber Leaf 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.

Rubber Leaf'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
=( (4.73 + 0.13) / 2 ) / 9.99*365
=2.43 / 9.99*365
=88.78

Rubber Leaf'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
=( (0.13 + 8.565) / 2 ) / 2.955*365 / 4
=4.3475 / 2.955*365 / 4
=134.25

* 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.


Rubber Leaf  (OTCPK:RLEA) Days Sales Outstanding Explanation

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


Rubber Leaf Days Sales Outstanding Related Terms

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Rubber Leaf (Rubber Leaf) Business Description

Traded in Other Exchanges
N/A
Address
Qixing Road, Weng’ao Industrial Zone, Chunhu Subdistrict, Fenghua District Ningbo, Zhejiang, CHN
Rubber Leaf Inc engages in the production and sales of synthetic rubber, rubber compound, car window seals, and auto parts. It derives revenue primarily through the sale of synthetic rubber, rubber compound, car window seals, and auto parts with two sales channels. The company managed and reviewed its business as two operating segments: direct supply and indirect supply models.
Executives
Hua Wang director, officer: CFO 318 N. CARSON STREET, STE. 208, CARSON CITY NV 89701
Xingxiu Hua director, 10 percent owner, officer: President 318 N. CARSON STREET, STE. 208, CARSON CITY NV 89701
Yongjun Hua director 318 N. CARSON STREET, STE. 208, CARSON CITY NV 89701

Rubber Leaf (Rubber Leaf) Headlines