Jiangsu HSC New Energy Materials Co (SHSE:688353) Days Sales Outstanding : 119.02 (As of Mar. 2024)

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What is Jiangsu HSC New Energy Materials Co Days Sales Outstanding?

Jiangsu HSC New Energy Materials Co's average Accounts Receivable for the three months ended in Mar. 2024 was ¥133.2 Mil. Jiangsu HSC New Energy Materials Co's Revenue for the three months ended in Mar. 2024 was ¥102.2 Mil. Hence, Jiangsu HSC New Energy Materials Co's Days Sales Outstanding for the three months ended in Mar. 2024 was 119.02.

The historical rank and industry rank for Jiangsu HSC New Energy Materials Co's Days Sales Outstanding or its related term are showing as below:

SHSE:688353' s Days Sales Outstanding Range Over the Past 10 Years
Min: 63.38 Med: 104.54 Max: 120.42
Current: 98.75

During the past 6 years, Jiangsu HSC New Energy Materials Co's highest Days Sales Outstanding was 120.42. The lowest was 63.38. And the median was 104.54.

SHSE:688353's Days Sales Outstanding is ranked worse than
80.17% of 1523 companies
in the Chemicals industry
Industry Median: 63.99 vs SHSE:688353: 98.75

Jiangsu HSC New Energy Materials Co's Days Sales Outstanding increased from Mar. 2023 (109.75) to Mar. 2024 (119.02).

Jiangsu HSC New Energy Materials Co Days Sales Outstanding Historical Data

The historical data trend for Jiangsu HSC New Energy Materials 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 HSC New Energy Materials Co Days Sales Outstanding Chart

Jiangsu HSC New Energy Materials Co Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

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101.83

120.42

63.38

73.12

108.14

Jiangsu HSC New Energy Materials Co Quarterly Data
	Dec18	Dec19	Mar20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Days Sales Outstanding	Get a 7-Day Free Trial													109.75	88.05	89.38	122.62	119.02

Competitive Comparison of Jiangsu HSC New Energy Materials Co's Days Sales Outstanding

For the Chemicals subindustry, Jiangsu HSC New Energy Materials 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 HSC New Energy Materials Co's Days Sales Outstanding Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Jiangsu HSC New Energy Materials Co's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where Jiangsu HSC New Energy Materials Co's Days Sales Outstanding falls into.

Jiangsu HSC New Energy Materials 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 HSC New Energy Materials 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
=	( (158.972	+	152.127)	/	2 )	/	525.031	*	365
=	155.5495					/	525.031	*	365
=	108.14

Jiangsu HSC New Energy Materials 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
=	( (152.127	+	114.37)	/	2 )	/	102.155	*	365 / 4
=	133.2485					/	102.155	*	365 / 4
=	119.02

Jiangsu HSC New Energy Materials Co (SHSE:688353) 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 HSC New Energy Materials Co Days Sales Outstanding Related Terms

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Jiangsu HSC New Energy Materials Co (SHSE:688353) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Jiangsu HSC New Energy Materials Co Ltd (SHSE:688353) » Definitions » Days Sales Outstanding

Traded in Other Exchanges

N/A

Address

No. 10 Qinghai Road, Yangtze River International Chemical Industrial Park, Jiangsu Province, Zhangjiagang, CHN, 215600

Website

http://www.sinohsc.com

Jiangsu HSC New Energy Materials Co Ltd is engaged in the production and sales of lithium battery electrolyte additives. The company's products mainly include two series of electronic chemicals and special silicones. In the field of electronic chemicals, the company supplies vinylene carbonate (VC) and fluoroethylene carbonate (FEC) in the market. The products are widely used in new energy vehicles, electric two-wheelers, power tools, UPS power supplies, mobile base station power supply, photovoltaic power station, 3C products and other fields. In the field of special silicones, the company manufacturers the technology of non-phosgene production of isocyanate silanes.

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