Longyan Kaolin Clay Co (SHSE:605086) Days Sales Outstanding : 1.59 (As of Mar. 2024)

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What is Longyan Kaolin Clay Co Days Sales Outstanding?

Longyan Kaolin Clay Co's average Accounts Receivable for the three months ended in Mar. 2024 was ¥1.2 Mil. Longyan Kaolin Clay Co's Revenue for the three months ended in Mar. 2024 was ¥66.8 Mil. Hence, Longyan Kaolin Clay Co's Days Sales Outstanding for the three months ended in Mar. 2024 was 1.59.

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

SHSE:605086' s Days Sales Outstanding Range Over the Past 10 Years
Min: 0.09 Med: 0.14 Max: 2.43
Current: 2.43

During the past 8 years, Longyan Kaolin Clay Co's highest Days Sales Outstanding was 2.43. The lowest was 0.09. And the median was 0.14.

SHSE:605086's Days Sales Outstanding is ranked better than
94.41% of 787 companies
in the Metals & Mining industry
Industry Median: 42.51 vs SHSE:605086: 2.43

Longyan Kaolin Clay Co's Days Sales Outstanding increased from Mar. 2023 (1.34) to Mar. 2024 (1.59).

Longyan Kaolin Clay Co Days Sales Outstanding Historical Data

The historical data trend for Longyan Kaolin Clay 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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Longyan Kaolin Clay Co Days Sales Outstanding Chart

Longyan Kaolin Clay Co Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

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0.14

0.22

Longyan Kaolin Clay Co Quarterly Data
	Dec18	Jun19	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															1.34	2.14	4.43	2.34	1.59

Competitive Comparison of Longyan Kaolin Clay Co's Days Sales Outstanding

For the Other Industrial Metals & Mining subindustry, Longyan Kaolin Clay 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.

Longyan Kaolin Clay Co's Days Sales Outstanding Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Longyan Kaolin Clay Co's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where Longyan Kaolin Clay Co's Days Sales Outstanding falls into.

Longyan Kaolin Clay 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.

Longyan Kaolin Clay 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
=	( (0.003	+	0.002)	/	2 )	/	314.936	*	365
=	0.0025					/	314.936	*	365
=	0.00

Longyan Kaolin Clay 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
=	( (0.002	+	2.32)	/	2 )	/	66.765	*	365 / 4
=	1.161					/	66.765	*	365 / 4
=	1.59

Longyan Kaolin Clay Co (SHSE:605086) Days Sales Outstanding Explanation

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

Longyan Kaolin Clay Co Days Sales Outstanding Related Terms

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Longyan Kaolin Clay Co (SHSE:605086) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Longyan Kaolin Clay Co Ltd (SHSE:605086) » Definitions » Days Sales Outstanding

Traded in Other Exchanges

N/A

Address

No.260 Longyan Avenue, Xibei Street, Floor 10-12, State-owned Building, Xinluo District, Fujian Province, Longyan, CHN, 364000

Website

http://www.longgaogf.com

Longyan Kaolin Clay Co Ltd is engaged in the selection, processing and sales of kaolin. The company's main products are kaolin ore, 325 mesh kaolin concentrate, super Longyan kaolin, and modified kaolin. The products have the characteristics of low iron, titanium and other harmful impurities, high firing whiteness, and good ceramic performance. It is widely used in daily ceramics, arts and crafts ceramics and high-end architectural ceramics.

Longyan Kaolin Clay Co (SHSE:605086) Headlines

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