Hunan Aihua Group Co (SHSE:603989) Days Sales Outstanding : 125.11 (As of Mar. 2024)

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What is Hunan Aihua Group Co Days Sales Outstanding?

Hunan Aihua Group Co's average Accounts Receivable for the three months ended in Mar. 2024 was ¥1,115 Mil. Hunan Aihua Group Co's Revenue for the three months ended in Mar. 2024 was ¥813 Mil. Hence, Hunan Aihua Group Co's Days Sales Outstanding for the three months ended in Mar. 2024 was 125.11.

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

SHSE:603989' s Days Sales Outstanding Range Over the Past 10 Years
Min: 90.49 Med: 100 Max: 111.31
Current: 108.15

During the past 13 years, Hunan Aihua Group Co's highest Days Sales Outstanding was 111.31. The lowest was 90.49. And the median was 100.00.

SHSE:603989's Days Sales Outstanding is ranked worse than
75.61% of 2456 companies
in the Hardware industry
Industry Median: 74.095 vs SHSE:603989: 108.15

Hunan Aihua Group Co's Days Sales Outstanding increased from Mar. 2023 (114.10) to Mar. 2024 (125.11).

Hunan Aihua Group Co Days Sales Outstanding Historical Data

The historical data trend for Hunan Aihua 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.

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Hunan Aihua Group Co Days Sales Outstanding Chart

Hunan Aihua Group Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

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104.05

108.11

98.04

100.51

111.31

Hunan Aihua 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															114.10	93.76	95.83	129.49	125.11

Competitive Comparison of Hunan Aihua Group Co's Days Sales Outstanding

For the Electronic Components subindustry, Hunan Aihua 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.

Hunan Aihua Group Co's Days Sales Outstanding Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Hunan Aihua Group Co's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where Hunan Aihua Group Co's Days Sales Outstanding falls into.

Hunan Aihua 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.

Hunan Aihua 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
=	( (957.835	+	1103.009)	/	2 )	/	3378.936	*	365
=	1030.422					/	3378.936	*	365
=	111.31

Hunan Aihua 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
=	( (1103.009	+	1126.073)	/	2 )	/	812.887	*	365 / 4
=	1114.541					/	812.887	*	365 / 4
=	125.11

Hunan Aihua Group Co (SHSE:603989) Days Sales Outstanding Explanation

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

Hunan Aihua Group Co Days Sales Outstanding Related Terms

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Hunan Aihua Group Co (SHSE:603989) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Hunan Aihua Group Co Ltd (SHSE:603989) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

N/A

Address

East Taohualun Road, Hunan province, Yiyang, CHN, 413000

Website

http://www.aihuaglobal.com

Hunan Aihua Group Co Ltd is engaged in the design, development, manufacturing, and sales of aluminium electrolytic capacitors and manufacturing of aluminium foil and machines.

Executives

Yin Bao Hua	Director
Wang An An	Director
Ai Li Yu	Director

Hunan Aihua Group Co (SHSE:603989) Headlines

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