Pangang Group Vanadium & Titanium Resources Co (SZSE:000629) Days Sales Outstanding : 4.08 (As of Mar. 2024)

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What is Pangang Group Vanadium & Titanium Resources Co Days Sales Outstanding?

Pangang Group Vanadium & Titanium Resources Co's average Accounts Receivable for the three months ended in Mar. 2024 was ¥160 Mil. Pangang Group Vanadium & Titanium Resources Co's Revenue for the three months ended in Mar. 2024 was ¥3,586 Mil. Hence, Pangang Group Vanadium & Titanium Resources Co's Days Sales Outstanding for the three months ended in Mar. 2024 was 4.08.

The historical rank and industry rank for Pangang Group Vanadium & Titanium Resources Co's Days Sales Outstanding or its related term are showing as below:

SZSE:000629' s Days Sales Outstanding Range Over the Past 10 Years
Min: 3.63 Med: 4.81 Max: 27.37
Current: 4.26

During the past 13 years, Pangang Group Vanadium & Titanium Resources Co's highest Days Sales Outstanding was 27.37. The lowest was 3.63. And the median was 4.81.

SZSE:000629's Days Sales Outstanding is ranked better than
89.9% of 792 companies
in the Metals & Mining industry
Industry Median: 42.325 vs SZSE:000629: 4.26

Pangang Group Vanadium & Titanium Resources Co's Days Sales Outstanding declined from Mar. 2023 (4.26) to Mar. 2024 (4.08).

Pangang Group Vanadium & Titanium Resources Co Days Sales Outstanding Historical Data

The historical data trend for Pangang Group Vanadium & Titanium Resources 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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Pangang Group Vanadium & Titanium Resources Co Days Sales Outstanding Chart

Pangang Group Vanadium & Titanium Resources Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

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4.66

4.30

3.63

4.01

4.24

Pangang Group Vanadium & Titanium Resources 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															4.26	4.35	4.15	4.06	4.08

Competitive Comparison of Pangang Group Vanadium & Titanium Resources Co's Days Sales Outstanding

For the Other Industrial Metals & Mining subindustry, Pangang Group Vanadium & Titanium Resources 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.

Pangang Group Vanadium & Titanium Resources Co's Days Sales Outstanding Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Pangang Group Vanadium & Titanium Resources Co's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where Pangang Group Vanadium & Titanium Resources Co's Days Sales Outstanding falls into.

Pangang Group Vanadium & Titanium Resources 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.

Pangang Group Vanadium & Titanium Resources 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
=	( (193.465	+	140.479)	/	2 )	/	14380.138	*	365
=	166.972					/	14380.138	*	365
=	4.24

Pangang Group Vanadium & Titanium Resources 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
=	( (140.479	+	180.219)	/	2 )	/	3586.292	*	365 / 4
=	160.349					/	3586.292	*	365 / 4
=	4.08

Pangang Group Vanadium & Titanium Resources Co (SZSE:000629) Days Sales Outstanding Explanation

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

Pangang Group Vanadium & Titanium Resources Co Days Sales Outstanding Related Terms

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Pangang Group Vanadium & Titanium Resources Co (SZSE:000629) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Pangang Group Vanadium & Titanium Resources Co Ltd (SZSE:000629) » Definitions » Days Sales Outstanding

Traded in Other Exchanges

N/A

Address

West Section of Gangcheng Avenue, Panzhihua Culture Square, No. 21, East District, Sichuan Province, Panzhihua, CHN, 617067

Website

http://www.pgvt.cn

Pangang Group Vanadium Titanium & Resources Co Ltd is engaged in manufacturing and distributing vanadium pentoxide, vanadium iron, high-vanadium iron, vanadium trioxide, vanadium nitrogen alloy, titanium dioxide, and titanium dioxide. The company products are used in steel, chemical, military, electronics, and other industries.

Pangang Group Vanadium & Titanium Resources Co (SZSE:000629) Headlines

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