Shaanxi Beiyuan Chemical Industry Group Co (SHSE:601568) Days Sales Outstanding : 2.91 (As of Mar. 2024)

View and export this data going back to 2020. Start your Free Trial

What is Shaanxi Beiyuan Chemical Industry Group Co Days Sales Outstanding?

Shaanxi Beiyuan Chemical Industry Group Co's average Accounts Receivable for the three months ended in Mar. 2024 was ¥69 Mil. Shaanxi Beiyuan Chemical Industry Group Co's Revenue for the three months ended in Mar. 2024 was ¥2,182 Mil. Hence, Shaanxi Beiyuan Chemical Industry Group Co's Days Sales Outstanding for the three months ended in Mar. 2024 was 2.91.

The historical rank and industry rank for Shaanxi Beiyuan Chemical Industry Group Co's Days Sales Outstanding or its related term are showing as below:

SHSE:601568' s Days Sales Outstanding Range Over the Past 10 Years
Min: 1.81 Med: 3.09 Max: 9.45
Current: 3.17

During the past 8 years, Shaanxi Beiyuan Chemical Industry Group Co's highest Days Sales Outstanding was 9.45. The lowest was 1.81. And the median was 3.09.

SHSE:601568's Days Sales Outstanding is ranked better than
98.89% of 1525 companies
in the Chemicals industry
Industry Median: 64.02 vs SHSE:601568: 3.17

Shaanxi Beiyuan Chemical Industry Group Co's Days Sales Outstanding declined from Mar. 2023 (3.45) to Mar. 2024 (2.91).

Shaanxi Beiyuan Chemical Industry Group Co Days Sales Outstanding Historical Data

The historical data trend for Shaanxi Beiyuan Chemical Industry 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.

* Premium members only.

Shaanxi Beiyuan Chemical Industry Group Co Days Sales Outstanding Chart

Shaanxi Beiyuan Chemical Industry Group Co Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

Get a 7-Day Free Trial

3.94

2.23

1.81

1.91

2.01

Shaanxi Beiyuan Chemical Industry Group 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															3.45	3.67	2.92	2.72	2.91

Competitive Comparison of Shaanxi Beiyuan Chemical Industry Group Co's Days Sales Outstanding

For the Chemicals subindustry, Shaanxi Beiyuan Chemical Industry 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.

Shaanxi Beiyuan Chemical Industry Group Co's Days Sales Outstanding Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Shaanxi Beiyuan Chemical Industry Group Co's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where Shaanxi Beiyuan Chemical Industry Group Co's Days Sales Outstanding falls into.

Shaanxi Beiyuan Chemical Industry 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.

Shaanxi Beiyuan Chemical Industry 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
=	( (66.812	+	54.017)	/	2 )	/	10966.537	*	365
=	60.4145					/	10966.537	*	365
=	2.01

Shaanxi Beiyuan Chemical Industry Group 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
=	( (54.017	+	84.945)	/	2 )	/	2182.375	*	365 / 4
=	69.481					/	2182.375	*	365 / 4
=	2.91

Shaanxi Beiyuan Chemical Industry Group Co (SHSE:601568) Days Sales Outstanding Explanation

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

Shaanxi Beiyuan Chemical Industry Group Co Days Sales Outstanding Related Terms

Thank you for viewing the detailed overview of Shaanxi Beiyuan Chemical Industry Group Co's Days Sales Outstanding provided by GuruFocus.com. Please click on the following links to see related term pages.

Shaanxi Beiyuan Chemical Industry Group Co (SHSE:601568) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Shaanxi Beiyuan Chemical Industry Group Co Ltd (SHSE:601568) » Definitions » Days Sales Outstanding

Traded in Other Exchanges

N/A

Address

Jinjie Industrial Park, Shenmu City, Shaanxi Province, Yulin, CHN, 719319

Website

http://www.sxbychem.com

Shaanxi Beiyuan Chemical Industry Group Co Ltd is engaged in the production and sales of polyvinyl chloride, caustic soda, polyethylene, polysilicon, metallic magnesium and various other products.

Shaanxi Beiyuan Chemical Industry Group Co (SHSE:601568) Headlines

No Headlines