Tangshan Sunfar Silicon Industries Co (SHSE:603938) Days Sales Outstanding : 24.12 (As of Mar. 2024)

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What is Tangshan Sunfar Silicon Industries Co Days Sales Outstanding?

Tangshan Sunfar Silicon Industries Co's average Accounts Receivable for the three months ended in Mar. 2024 was ¥121 Mil. Tangshan Sunfar Silicon Industries Co's Revenue for the three months ended in Mar. 2024 was ¥457 Mil. Hence, Tangshan Sunfar Silicon Industries Co's Days Sales Outstanding for the three months ended in Mar. 2024 was 24.12.

The historical rank and industry rank for Tangshan Sunfar Silicon Industries Co's Days Sales Outstanding or its related term are showing as below:

SHSE:603938' s Days Sales Outstanding Range Over the Past 10 Years
Min: 13.36 Med: 16.57 Max: 26.37
Current: 26.37

During the past 12 years, Tangshan Sunfar Silicon Industries Co's highest Days Sales Outstanding was 26.37. The lowest was 13.36. And the median was 16.57.

SHSE:603938's Days Sales Outstanding is ranked better than
88.61% of 1527 companies
in the Chemicals industry
Industry Median: 63.99 vs SHSE:603938: 26.37

Tangshan Sunfar Silicon Industries Co's Days Sales Outstanding increased from Mar. 2023 (23.73) to Mar. 2024 (24.12).

Tangshan Sunfar Silicon Industries Co Days Sales Outstanding Historical Data

The historical data trend for Tangshan Sunfar Silicon Industries 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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Tangshan Sunfar Silicon Industries Co Days Sales Outstanding Chart

Tangshan Sunfar Silicon Industries Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

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17.02

14.76

13.64

14.66

20.77

Tangshan Sunfar Silicon Industries 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															23.73	25.77	30.61	24.35	24.12

Competitive Comparison of Tangshan Sunfar Silicon Industries Co's Days Sales Outstanding

For the Chemicals subindustry, Tangshan Sunfar Silicon Industries 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.

Tangshan Sunfar Silicon Industries Co's Days Sales Outstanding Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Tangshan Sunfar Silicon Industries Co's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where Tangshan Sunfar Silicon Industries Co's Days Sales Outstanding falls into.

Tangshan Sunfar Silicon Industries 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.

Tangshan Sunfar Silicon Industries 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
=	( (135.253	+	107.05)	/	2 )	/	2128.988	*	365
=	121.1515					/	2128.988	*	365
=	20.77

Tangshan Sunfar Silicon Industries 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
=	( (107.05	+	134.451)	/	2 )	/	456.874	*	365 / 4
=	120.7505					/	456.874	*	365 / 4
=	24.12

Tangshan Sunfar Silicon Industries Co (SHSE:603938) Days Sales Outstanding Explanation

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

Tangshan Sunfar Silicon Industries Co Days Sales Outstanding Related Terms

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Tangshan Sunfar Silicon Industries Co (SHSE:603938) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Tangshan Sunfar Silicon Industries Co Ltd (SHSE:603938) » Definitions » Days Sales Outstanding

Traded in Other Exchanges

N/A

Address

Tangshan New and Hi-Tech Developing Zone, Romm 0701 Building C, Oriental Plaza, Hebei Province, Tangshan City, CHN, 063305

Website

http://www.tssunfar.com

Tangshan Sunfar Silicon Industries Co Ltd produces and sells trichlorosilane, potassium hydroxide and silicon tetrachloride. The company's products are sold to Japan, South Korea, Taiwan, South Africa, India, Malaysia, Indonesia and Australia.

Executives

Sun Ren Jing	Director
Wan Bai Feng	Directors, senior managers
Zhou Lian Hui	senior management
Wang Hua Li	Supervisors
Chen Zhi Hong	senior management
Dong Li Qiang	Directors, senior managers
Wei Yue Gang	Supervisors
Zhang Wen Bo	Supervisors
Me Da Wei	Directors, senior managers

Tangshan Sunfar Silicon Industries Co (SHSE:603938) Headlines

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