BGRIMM Technology Co (SHSE:600980) Days Sales Outstanding : 113.61 (As of Mar. 2024)

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What is BGRIMM Technology Co Days Sales Outstanding?

BGRIMM Technology Co's average Accounts Receivable for the three months ended in Mar. 2024 was ¥251.0 Mil. BGRIMM Technology Co's Revenue for the three months ended in Mar. 2024 was ¥201.6 Mil. Hence, BGRIMM Technology Co's Days Sales Outstanding for the three months ended in Mar. 2024 was 113.61.

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

SHSE:600980' s Days Sales Outstanding Range Over the Past 10 Years
Min: 53.8 Med: 93.72 Max: 172.65
Current: 101.4

During the past 13 years, BGRIMM Technology Co's highest Days Sales Outstanding was 172.65. The lowest was 53.80. And the median was 93.72.

SHSE:600980's Days Sales Outstanding is ranked worse than
74.37% of 788 companies
in the Metals & Mining industry
Industry Median: 42.45 vs SHSE:600980: 101.40

BGRIMM Technology Co's Days Sales Outstanding increased from Mar. 2023 (99.41) to Mar. 2024 (113.61).

BGRIMM Technology Co Days Sales Outstanding Historical Data

The historical data trend for BGRIMM Technology 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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BGRIMM Technology Co Days Sales Outstanding Chart

BGRIMM Technology Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

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94.57

85.13

72.28

91.56

92.86

BGRIMM Technology 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															99.41	94.87	118.40	88.41	113.61

Competitive Comparison of BGRIMM Technology Co's Days Sales Outstanding

For the Other Industrial Metals & Mining subindustry, BGRIMM Technology 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.

BGRIMM Technology Co's Days Sales Outstanding Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, BGRIMM Technology Co's Days Sales Outstanding distribution charts can be found below:

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

BGRIMM Technology 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.

BGRIMM Technology 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
=	( (227.636	+	245.188)	/	2 )	/	929.271	*	365
=	236.412					/	929.271	*	365
=	92.86

BGRIMM Technology 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
=	( (245.188	+	256.849)	/	2 )	/	201.623	*	365 / 4
=	251.0185					/	201.623	*	365 / 4
=	113.61

BGRIMM Technology Co (SHSE:600980) Days Sales Outstanding Explanation

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

BGRIMM Technology Co Days Sales Outstanding Related Terms

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BGRIMM Technology Co (SHSE:600980) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » BGRIMM Technology Co Ltd (SHSE:600980) » Definitions » Days Sales Outstanding

Traded in Other Exchanges

N/A

Address

No. 188, South Fourth Ring Road West, 4th Floor, Building 23, Area 18, Fengtai District, Beijing, CHN, 100160

Website

http://www.magmat.com

BGRIMM Technology Co Ltd, formerly BGRIMM Magnetic Materials & Technology Co Ltd is a China-based company. Its business activities are divided into mining equipment and magnetic materials division. Mining equipment division is engaged in research and development, production, and supporting technical consulting services for mining equipment. Its business scope includes flotation equipment, magnetic separation equipment, ore dressing auxiliary equipment, leaching tanks and other mining and smelting products. Magnetic materials division is engaged in the research and development, production, sales and comprehensive services of magnetic materials and devices. Magnetic material products include sintering permanent magnet ferrite, injection magnetic, and magnetic information recording material.

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