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Anhui Guofeng New Materials Co (SZSE:000859) Days Sales Outstanding : 61.91 (As of Mar. 2024)


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What is Anhui Guofeng New Materials Co Days Sales Outstanding?

Anhui Guofeng New Materials Co's average Accounts Receivable for the three months ended in Mar. 2024 was ¥336 Mil. Anhui Guofeng New Materials Co's Revenue for the three months ended in Mar. 2024 was ¥495 Mil. Hence, Anhui Guofeng New Materials Co's Days Sales Outstanding for the three months ended in Mar. 2024 was 61.91.

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

SZSE:000859' s Days Sales Outstanding Range Over the Past 10 Years
Min: 36.14   Med: 50.56   Max: 59.77
Current: 51.25

During the past 13 years, Anhui Guofeng New Materials Co's highest Days Sales Outstanding was 59.77. The lowest was 36.14. And the median was 50.56.

SZSE:000859's Days Sales Outstanding is ranked better than
65.86% of 1523 companies
in the Chemicals industry
Industry Median: 63.99 vs SZSE:000859: 51.25

Anhui Guofeng New Materials Co's Days Sales Outstanding increased from Mar. 2023 (50.11) to Mar. 2024 (61.91).


Anhui Guofeng New Materials Co Days Sales Outstanding Historical Data

The historical data trend for Anhui Guofeng New 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.

* Premium members only.

Anhui Guofeng New Materials Co Days Sales Outstanding Chart

Anhui Guofeng New Materials Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Sales Outstanding
Get a 7-Day Free Trial Premium Member Only Premium Member Only 43.75 41.12 37.65 36.14 49.44

Anhui Guofeng New Materials 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 50.11 47.11 48.17 47.65 61.91

Competitive Comparison of Anhui Guofeng New Materials Co's Days Sales Outstanding

For the Chemicals subindustry, Anhui Guofeng New 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.


Anhui Guofeng New Materials Co's Days Sales Outstanding Distribution in the Chemicals Industry

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

* The bar in red indicates where Anhui Guofeng New Materials Co's Days Sales Outstanding falls into.



Anhui Guofeng New 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.

Anhui Guofeng New 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
=( (280.043 + 325.469) / 2 ) / 2235.053*365
=302.756 / 2235.053*365
=49.44

Anhui Guofeng New 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
=( (325.469 + 346.232) / 2 ) / 495.015*365 / 4
=335.8505 / 495.015*365 / 4
=61.91

* 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.


Anhui Guofeng New Materials Co  (SZSE:000859) Days Sales Outstanding Explanation

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


Anhui Guofeng New Materials Co Days Sales Outstanding Related Terms

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Anhui Guofeng New Materials Co (SZSE:000859) Business Description

Traded in Other Exchanges
N/A
Address
No. 1000, Mingchuan Road, High-tech Zone, Anhui Province, Hefei, CHN, 230088
Anhui Guofeng New Materials Co Ltd formerly Anhui Guofeng Plastic Industry Co Ltd is a China-based company engaged in the manufacturing and sale of plastic products. Its product offerings include plastic film and ancillary products, plastic building materials, nonmetal materials, wood-plastic new materials, engineering plastics and sapphire.
Executives
Cheng Qian Supervisors
Zhu Yi Bin Executives
Hu Jing Directors, Directors, and Executives
Li Feng Kui Directors, executives
Huang Qiong Yi Director
Wang Li Ya Supervisors
Chen Zhu Hong Directors, executives
Guo Jing Supervisors
Yu Jing Lin Independent director
Zhao Wen Wu Director
Qian Jun Feng Directors, executives
Yang Zhi Yuan Director
Xia Shou Hao Supervisors
Du Shu Hua Supervisors
Zhang Ji Feng Director

Anhui Guofeng New Materials Co (SZSE:000859) Headlines

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