Jiangsu Longda Superalloy Co (SHSE:688231) Days Sales Outstanding : 127.30 (As of Mar. 2024)

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What is Jiangsu Longda Superalloy Co Days Sales Outstanding?

Jiangsu Longda Superalloy Co's average Accounts Receivable for the three months ended in Mar. 2024 was ¥442 Mil. Jiangsu Longda Superalloy Co's Revenue for the three months ended in Mar. 2024 was ¥317 Mil. Hence, Jiangsu Longda Superalloy Co's Days Sales Outstanding for the three months ended in Mar. 2024 was 127.30.

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

SHSE:688231' s Days Sales Outstanding Range Over the Past 10 Years
Min: 64.25 Med: 79.61 Max: 120.78
Current: 120.78

During the past 6 years, Jiangsu Longda Superalloy Co's highest Days Sales Outstanding was 120.78. The lowest was 64.25. And the median was 79.61.

SHSE:688231's Days Sales Outstanding is ranked worse than
77.38% of 787 companies
in the Metals & Mining industry
Industry Median: 42.51 vs SHSE:688231: 120.78

Jiangsu Longda Superalloy Co's Days Sales Outstanding declined from Mar. 2023 (140.23) to Mar. 2024 (127.30).

Jiangsu Longda Superalloy Co Days Sales Outstanding Historical Data

The historical data trend for Jiangsu Longda Superalloy 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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Jiangsu Longda Superalloy Co Days Sales Outstanding Chart

Jiangsu Longda Superalloy Co Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

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68.92

64.25

84.81

97.50

114.40

Jiangsu Longda Superalloy Co Quarterly Data
	Dec18	Dec19	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Days Sales Outstanding	Get a 7-Day Free Trial												140.23	107.74	122.96	123.23	127.30

Competitive Comparison of Jiangsu Longda Superalloy Co's Days Sales Outstanding

For the Other Industrial Metals & Mining subindustry, Jiangsu Longda Superalloy 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.

Jiangsu Longda Superalloy Co's Days Sales Outstanding Distribution in the Metals & Mining Industry

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

* The bar in red indicates where Jiangsu Longda Superalloy Co's Days Sales Outstanding falls into.

Jiangsu Longda Superalloy 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.

Jiangsu Longda Superalloy 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
=	( (339.768	+	417.232)	/	2 )	/	1207.662	*	365
=	378.5					/	1207.662	*	365
=	114.40

Jiangsu Longda Superalloy 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
=	( (417.232	+	465.962)	/	2 )	/	316.539	*	365 / 4
=	441.597					/	316.539	*	365 / 4
=	127.30

Jiangsu Longda Superalloy Co (SHSE:688231) Days Sales Outstanding Explanation

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

Jiangsu Longda Superalloy Co Days Sales Outstanding Related Terms

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Jiangsu Longda Superalloy Co (SHSE:688231) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Jiangsu Longda Superalloy Co Ltd (SHSE:688231) » Definitions » Days Sales Outstanding

Traded in Other Exchanges

N/A

Address

No. 18, Xiangyun Road, Anzhen Street, Xishan District, Jiangsu Province, Wuxi, CHN, 214105

Website

http://www.wxlongda.com

Jiangsu Longda Superalloy Co Ltd is engaged in the research and development, production and sales of alloy materials.

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