Anhui Ankai Automobile Co (SZSE:000868) Days Sales Outstanding : 124.98 (As of Mar. 2024)

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What is Anhui Ankai Automobile Co Days Sales Outstanding?

Anhui Ankai Automobile Co's average Accounts Receivable for the three months ended in Mar. 2024 was ¥784 Mil. Anhui Ankai Automobile Co's Revenue for the three months ended in Mar. 2024 was ¥573 Mil. Hence, Anhui Ankai Automobile Co's Days Sales Outstanding for the three months ended in Mar. 2024 was 124.98.

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

SZSE:000868' s Days Sales Outstanding Range Over the Past 10 Years
Min: 66.38 Med: 141.29 Max: 244.39
Current: 127.75

During the past 13 years, Anhui Ankai Automobile Co's highest Days Sales Outstanding was 244.39. The lowest was 66.38. And the median was 141.29.

SZSE:000868's Days Sales Outstanding is ranked worse than
92.42% of 1266 companies
in the Vehicles & Parts industry
Industry Median: 59.925 vs SZSE:000868: 127.75

Anhui Ankai Automobile Co's Days Sales Outstanding declined from Mar. 2023 (350.90) to Mar. 2024 (124.98).

Anhui Ankai Automobile Co Days Sales Outstanding Historical Data

The historical data trend for Anhui Ankai Automobile 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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Anhui Ankai Automobile Co Days Sales Outstanding Chart

Anhui Ankai Automobile Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

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162.83

105.78

207.87

244.39

141.32

Anhui Ankai Automobile 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															350.90	159.58	132.42	106.88	124.98

Competitive Comparison of Anhui Ankai Automobile Co's Days Sales Outstanding

For the Auto Manufacturers subindustry, Anhui Ankai Automobile 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 Ankai Automobile Co's Days Sales Outstanding Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Anhui Ankai Automobile Co's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where Anhui Ankai Automobile Co's Days Sales Outstanding falls into.

Anhui Ankai Automobile 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 Ankai Automobile 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
=	( (924.825	+	737.263)	/	2 )	/	2146.446	*	365
=	831.044					/	2146.446	*	365
=	141.32

Anhui Ankai Automobile 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
=	( (737.263	+	831.267)	/	2 )	/	572.599	*	365 / 4
=	784.265					/	572.599	*	365 / 4
=	124.98

Anhui Ankai Automobile Co (SZSE:000868) 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 Ankai Automobile Co Days Sales Outstanding Related Terms

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Anhui Ankai Automobile Co (SZSE:000868) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Anhui Ankai Automobile Co Ltd (SZSE:000868) » Definitions » Days Sales Outstanding

Traded in Other Exchanges

N/A

Address

No.99, Huayuan Avenue, Hefei, CHN

Website

http://www.ankai.com

Anhui Ankai Automobile Co Ltd is a China-based company operates in the business of busses. It manufactures and sells large, medium, and light buses and their automotive parts. It offers Coach, City bus, School bus and New energy bus. Geographically the business activities are carried out through China and its products are exported to developed countries and regions, including U.S., UK, Australia, Dubai, Hong Kong, and Macau.

Anhui Ankai Automobile Co (SZSE:000868) Headlines

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