Baotailong New Materials Co (SHSE:601011) Days Sales Outstanding : 15.18 (As of Mar. 2024)

View and export this data going back to 2011. Start your Free Trial

What is Baotailong New Materials Co Days Sales Outstanding?

Baotailong New Materials Co's average Accounts Receivable for the three months ended in Mar. 2024 was ¥87 Mil. Baotailong New Materials Co's Revenue for the three months ended in Mar. 2024 was ¥522 Mil. Hence, Baotailong New Materials Co's Days Sales Outstanding for the three months ended in Mar. 2024 was 15.18.

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

SHSE:601011' s Days Sales Outstanding Range Over the Past 10 Years
Min: 4.49 Med: 7.67 Max: 61.51
Current: 8.2

During the past 13 years, Baotailong New Materials Co's highest Days Sales Outstanding was 61.51. The lowest was 4.49. And the median was 7.67.

SHSE:601011's Days Sales Outstanding is ranked better than
92.17% of 600 companies
in the Steel industry
Industry Median: 49.315 vs SHSE:601011: 8.20

Baotailong New Materials Co's Days Sales Outstanding increased from Mar. 2023 (7.71) to Mar. 2024 (15.18).

Baotailong New Materials Co Days Sales Outstanding Historical Data

The historical data trend for Baotailong New 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.

* Premium members only.

Baotailong New Materials Co Days Sales Outstanding Chart

Baotailong New Materials Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

Get a 7-Day Free Trial

4.49

6.08

5.63

6.01

8.64

Baotailong New 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															7.71	7.37	7.16	7.07	15.18

Competitive Comparison of Baotailong New Materials Co's Days Sales Outstanding

For the Coking Coal subindustry, Baotailong New 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.

Baotailong New Materials Co's Days Sales Outstanding Distribution in the Steel Industry

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

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

Baotailong New 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.

Baotailong New 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
=	( (70.494	+	105.978)	/	2 )	/	3726.6	*	365
=	88.236					/	3726.6	*	365
=	8.64

Baotailong New 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
=	( (105.978	+	67.882)	/	2 )	/	522.443	*	365 / 4
=	86.93					/	522.443	*	365 / 4
=	15.18

Baotailong New Materials Co (SHSE:601011) Days Sales Outstanding Explanation

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

Baotailong New Materials Co Days Sales Outstanding Related Terms

Thank you for viewing the detailed overview of Baotailong New Materials Co's Days Sales Outstanding provided by GuruFocus.com. Please click on the following links to see related term pages.

Baotailong New Materials Co (SHSE:601011) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » Baotailong New Materials Co Ltd (SHSE:601011) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

N/A

Address

Number 16 Baotailong Road, Xinxing District, Heilongjiang Province, Qitaihe, CHN, 154600

Website

http://www.btlgf.com

Baotailong New Materials Co Ltd engages in coal mining, washing, and processing operations in China. Its products include metallurgical coke, coal tar, crude benzene, coal, methanol, fusel oil, fuel oil, naphtha, coal tar pitch, etc. for steel mills and chemical companies. The company is also involved in power generation and steam production activities. It also exports its products to Russia.

Baotailong New Materials Co (SHSE:601011) Headlines

No Headlines