Riyue Heavy Industry Co (SHSE:603218) Days Sales Outstanding : 189.64 (As of Mar. 2024)

View and export this data going back to 2016. Start your Free Trial

What is Riyue Heavy Industry Co Days Sales Outstanding?

Riyue Heavy Industry Co's average Accounts Receivable for the three months ended in Mar. 2024 was ¥1,450 Mil. Riyue Heavy Industry Co's Revenue for the three months ended in Mar. 2024 was ¥698 Mil. Hence, Riyue Heavy Industry Co's Days Sales Outstanding for the three months ended in Mar. 2024 was 189.64.

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

SHSE:603218' s Days Sales Outstanding Range Over the Past 10 Years
Min: 73.65 Med: 104.57 Max: 139.25
Current: 125.8

During the past 13 years, Riyue Heavy Industry Co's highest Days Sales Outstanding was 139.25. The lowest was 73.65. And the median was 104.57.

SHSE:603218's Days Sales Outstanding is ranked worse than
78.17% of 2946 companies
in the Industrial Products industry
Industry Median: 79.93 vs SHSE:603218: 125.80

Riyue Heavy Industry Co's Days Sales Outstanding increased from Mar. 2023 (133.41) to Mar. 2024 (189.64).

Riyue Heavy Industry Co Days Sales Outstanding Historical Data

The historical data trend for Riyue Heavy Industry 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.

Riyue Heavy Industry Co Days Sales Outstanding Chart

Riyue Heavy Industry Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

Get a 7-Day Free Trial

94.62

73.65

91.35

110.59

123.29

Riyue Heavy Industry 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															133.41	103.32	122.80	118.13	189.64

Competitive Comparison of Riyue Heavy Industry Co's Days Sales Outstanding

For the Specialty Industrial Machinery subindustry, Riyue Heavy Industry 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.

Riyue Heavy Industry Co's Days Sales Outstanding Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Riyue Heavy Industry Co's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where Riyue Heavy Industry Co's Days Sales Outstanding falls into.

Riyue Heavy Industry 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.

Riyue Heavy Industry 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
=	( (1710.08	+	1434.968)	/	2 )	/	4655.641	*	365
=	1572.524					/	4655.641	*	365
=	123.29

Riyue Heavy Industry 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
=	( (1434.968	+	1464.926)	/	2 )	/	697.687	*	365 / 4
=	1449.947					/	697.687	*	365 / 4
=	189.64

Riyue Heavy Industry Co (SHSE:603218) Days Sales Outstanding Explanation

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

Riyue Heavy Industry Co Days Sales Outstanding Related Terms

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

Riyue Heavy Industry Co (SHSE:603218) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Riyue Heavy Industry Co Ltd (SHSE:603218) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

N/A

Address

Dongwu town Yinzhou district, Zhejiang, Ningbo City, CHN, 315113

Website

http://www.riyuehi.com

Riyue Heavy Industry Co Ltd manufactures heavy duty equipment castings. Its products are windpower turbine generators, heavy diesel engines, large plastic injection molding machines, large machining centers, and giant mining machine series of castings. Geographically, it operates throughout the region of China.

Executives

Wang Ye	Directors, senior managers
Zhang Jian Zhong	Directors, senior managers
Yu Hong Kang	Directors, senior managers
Fu Ling Er	Director
Fu Ming Kang	Director
Fan Xin Long	senior management
Xu Jian Min	Supervisors

Riyue Heavy Industry Co (SHSE:603218) Headlines

No Headlines