Wuhunlian Forging Co (SZSE:001282) Days Sales Outstanding : 99.44 (As of Mar. 2024)

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What is Wuhunlian Forging Co Days Sales Outstanding?

Wuhunlian Forging Co's average Accounts Receivable for the three months ended in Mar. 2024 was ¥373 Mil. Wuhunlian Forging Co's Revenue for the three months ended in Mar. 2024 was ¥342 Mil. Hence, Wuhunlian Forging Co's Days Sales Outstanding for the three months ended in Mar. 2024 was 99.44.

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

SZSE:001282' s Days Sales Outstanding Range Over the Past 10 Years
Min: 64.12 Med: 94.05 Max: 97.86
Current: 88.21

During the past 5 years, Wuhunlian Forging Co's highest Days Sales Outstanding was 97.86. The lowest was 64.12. And the median was 94.05.

SZSE:001282's Days Sales Outstanding is ranked worse than
78.62% of 1272 companies
in the Vehicles & Parts industry
Industry Median: 60.165 vs SZSE:001282: 88.21

Wuhunlian Forging Co's Days Sales Outstanding increased from Mar. 2023 (95.92) to Mar. 2024 (99.44).

Wuhunlian Forging Co Days Sales Outstanding Historical Data

The historical data trend for Wuhunlian Forging 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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Wuhunlian Forging Co Days Sales Outstanding Chart

Wuhunlian Forging Co Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

97.86

90.23

64.12

94.05

95.08

Wuhunlian Forging Co Quarterly Data
	Dec19	Dec20	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Days Sales Outstanding	Get a 7-Day Free Trial							95.92	81.09	88.53	87.17	99.44

Competitive Comparison of Wuhunlian Forging Co's Days Sales Outstanding

For the Auto Parts subindustry, Wuhunlian Forging 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.

Wuhunlian Forging Co's Days Sales Outstanding Distribution in the Vehicles & Parts Industry

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

* The bar in red indicates where Wuhunlian Forging Co's Days Sales Outstanding falls into.

Wuhunlian Forging 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.

Wuhunlian Forging 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
=	( (270.49	+	373.263)	/	2 )	/	1235.648	*	365
=	321.8765					/	1235.648	*	365
=	95.08

Wuhunlian Forging 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
=	( (373.263	+	372.383)	/	2 )	/	342.112	*	365 / 4
=	372.823					/	342.112	*	365 / 4
=	99.44

Wuhunlian Forging Co (SZSE:001282) Days Sales Outstanding Explanation

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

Wuhunlian Forging Co Days Sales Outstanding Related Terms

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Wuhunlian Forging Co (SZSE:001282) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Wuhu Sanlian Forging Co Ltd (SZSE:001282) » Definitions » Days Sales Outstanding

Traded in Other Exchanges

N/A

Address

No. 20, Tianjingshan Road, High-tech Industrial Development Zone, Anhui, Wuhu, CHN, 241003

Website

http://www.wuhusanlian.com

Wuhu Sanlian Forging Co Ltd is mainly engaged in the Research & Development, production, and sales of automotive forged parts. The company's products are mainly used in automotive power systems, transmission systems, steering systems, suspension supports and other systems that require high mechanical performance and safety performance of parts. The company actively develops and deploys the application of forged parts in new energy vehicles, and participates in the development of forged parts for new energy vehicle platforms of well-known OEMs.

Wuhunlian Forging Co (SZSE:001282) Headlines

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