Hubeinxia New Building Materials Co (SHSE:600293) Days Sales Outstanding : 21.05 (As of Mar. 2024)

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What is Hubeinxia New Building Materials Co Days Sales Outstanding?

Hubeinxia New Building Materials Co's average Accounts Receivable for the three months ended in Mar. 2024 was ¥71 Mil. Hubeinxia New Building Materials Co's Revenue for the three months ended in Mar. 2024 was ¥309 Mil. Hence, Hubeinxia New Building Materials Co's Days Sales Outstanding for the three months ended in Mar. 2024 was 21.05.

The historical rank and industry rank for Hubeinxia New Building Materials Co's Days Sales Outstanding or its related term are showing as below:

SHSE:600293' s Days Sales Outstanding Range Over the Past 10 Years
Min: 14.06 Med: 30.92 Max: 156.96
Current: 20.59

During the past 13 years, Hubeinxia New Building Materials Co's highest Days Sales Outstanding was 156.96. The lowest was 14.06. And the median was 30.92.

SHSE:600293's Days Sales Outstanding is ranked better than
86.09% of 381 companies
in the Building Materials industry
Industry Median: 55.6 vs SHSE:600293: 20.59

Hubeinxia New Building Materials Co's Days Sales Outstanding declined from Mar. 2023 (24.79) to Mar. 2024 (21.05).

Hubeinxia New Building Materials Co Days Sales Outstanding Historical Data

The historical data trend for Hubeinxia New Building Materials 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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Hubeinxia New Building Materials Co Days Sales Outstanding Chart

Hubeinxia New Building Materials Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

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156.96

143.36

46.98

19.18

14.06

Hubeinxia New Building Materials 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															24.79	25.09	25.36	15.26	21.05

Competitive Comparison of Hubeinxia New Building Materials Co's Days Sales Outstanding

For the Building Materials subindustry, Hubeinxia New Building Materials 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.

Hubeinxia New Building Materials Co's Days Sales Outstanding Distribution in the Building Materials Industry

For the Building Materials industry and Basic Materials sector, Hubeinxia New Building Materials Co's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where Hubeinxia New Building Materials Co's Days Sales Outstanding falls into.

Hubeinxia New Building Materials 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.

Hubeinxia New Building Materials 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
=	( (90.157	+	77.494)	/	2 )	/	2176.675	*	365
=	83.8255					/	2176.675	*	365
=	14.06

Hubeinxia New Building Materials 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
=	( (77.494	+	65.107)	/	2 )	/	309.012	*	365 / 4
=	71.3005					/	309.012	*	365 / 4
=	21.05

Hubeinxia New Building Materials Co (SHSE:600293) Days Sales Outstanding Explanation

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

Hubeinxia New Building Materials Co Days Sales Outstanding Related Terms

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Hubeinxia New Building Materials Co (SHSE:600293) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Building Materials » Hubei Sanxia New Building Materials Co Ltd (SHSE:600293) » Definitions » Days Sales Outstanding

Traded in Other Exchanges

N/A

Address

Dangyang Economic and Technological Development Zone, Hubei Province, Dangyang, CHN, 444105

Website

http://www.sxxc.com.cn

Hubei Sanxia New Building Materials Co Ltd is engaged in the glass industry in Hubei Province, China. The company produces float glass, deep-processing glass products, and new building materials.

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