Sunstone Development Co (SHSE:603612) Days Sales Outstanding : 57.16 (As of Mar. 2024)

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What is Sunstone Development Co Days Sales Outstanding?

Sunstone Development Co's average Accounts Receivable for the three months ended in Mar. 2024 was ¥1,945 Mil. Sunstone Development Co's Revenue for the three months ended in Mar. 2024 was ¥3,106 Mil. Hence, Sunstone Development Co's Days Sales Outstanding for the three months ended in Mar. 2024 was 57.16.

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

SHSE:603612' s Days Sales Outstanding Range Over the Past 10 Years
Min: 37.29 Med: 54.82 Max: 102.97
Current: 59.71

During the past 13 years, Sunstone Development Co's highest Days Sales Outstanding was 102.97. The lowest was 37.29. And the median was 54.82.

SHSE:603612's Days Sales Outstanding is ranked better than
55.15% of 1523 companies
in the Chemicals industry
Industry Median: 63.99 vs SHSE:603612: 59.71

Sunstone Development Co's Days Sales Outstanding increased from Mar. 2023 (52.62) to Mar. 2024 (57.16).

Sunstone Development Co Days Sales Outstanding Historical Data

The historical data trend for Sunstone Development 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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Sunstone Development Co Days Sales Outstanding Chart

Sunstone Development Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

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57.69

63.55

51.60

37.29

51.86

Sunstone Development 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															52.62	60.62	62.19	61.38	57.16

Competitive Comparison of Sunstone Development Co's Days Sales Outstanding

For the Chemicals subindustry, Sunstone Development 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.

Sunstone Development Co's Days Sales Outstanding Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Sunstone Development Co's Days Sales Outstanding distribution charts can be found below:

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

Sunstone Development 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.

Sunstone Development 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
=	( (2330.288	+	2020.197)	/	2 )	/	15310.634	*	365
=	2175.2425					/	15310.634	*	365
=	51.86

Sunstone Development 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
=	( (2020.197	+	1870.21)	/	2 )	/	3105.548	*	365 / 4
=	1945.2035					/	3105.548	*	365 / 4
=	57.16

Sunstone Development Co (SHSE:603612) Days Sales Outstanding Explanation

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

Sunstone Development Co Days Sales Outstanding Related Terms

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Sunstone Development Co (SHSE:603612) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Sunstone Development Co Ltd (SHSE:603612) » Definitions » Days Sales Outstanding

Traded in Other Exchanges

N/A

Address

104 National Road North, Hengyuan Economic Development Zone, Shandong Province, Linyi, CHN, 251500

Website

http://www.sun-stone.com

Sunstone Development Co Ltd specializes in the production and marketing of prebaked carbon anodes for the aluminum industry. The company also exports anodes worldwide.

Executives

Yuan Gang	senior management
Lang Guang Hui	Director
Lang Jing	Director
Jing Sheng Yang	Director
Liu Rui	Director
Huang He	Director
Fan Ben Yong	Director
Hao Jun Wen	Director
Li Jun	Director
Li Jian Ning	Director
Zhang Xin Hai	Director
Wu Jin Zhou	senior management
Zhang Zhong Qiu	senior management

Sunstone Development Co (SHSE:603612) Headlines

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