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Western Metal Materials Co (SZSE:002149) Days Sales Outstanding : 167.51 (As of Mar. 2024)


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What is Western Metal Materials Co Days Sales Outstanding?

Western Metal Materials Co's average Accounts Receivable for the three months ended in Mar. 2024 was ¥1,294 Mil. Western Metal Materials Co's Revenue for the three months ended in Mar. 2024 was ¥705 Mil. Hence, Western Metal Materials Co's Days Sales Outstanding for the three months ended in Mar. 2024 was 167.51.

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

SZSE:002149' s Days Sales Outstanding Range Over the Past 10 Years
Min: 84.33   Med: 104.82   Max: 146.78
Current: 146.78

During the past 13 years, Western Metal Materials Co's highest Days Sales Outstanding was 146.78. The lowest was 84.33. And the median was 104.82.

SZSE:002149's Days Sales Outstanding is ranked worse than
80.28% of 786 companies
in the Metals & Mining industry
Industry Median: 42.45 vs SZSE:002149: 146.78

Western Metal Materials Co's Days Sales Outstanding increased from Mar. 2023 (139.39) to Mar. 2024 (167.51).


Western Metal Materials Co Days Sales Outstanding Historical Data

The historical data trend for Western Metal 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.

Western Metal Materials Co Days Sales Outstanding Chart

Western Metal 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 98.47 100.93 108.71 109.03 119.44

Western Metal 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 139.39 132.92 155.75 130.81 167.51

Competitive Comparison of Western Metal Materials Co's Days Sales Outstanding

For the Other Industrial Metals & Mining subindustry, Western Metal 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.


Western Metal Materials Co's Days Sales Outstanding Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Western Metal Materials Co's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where Western Metal Materials Co's Days Sales Outstanding falls into.



Western Metal 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.

Western Metal 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
=( (984.872 + 1126.696) / 2 ) / 3226.33*365
=1055.784 / 3226.33*365
=119.44

Western Metal 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
=( (1126.696 + 1461.305) / 2 ) / 704.88*365 / 4
=1294.0005 / 704.88*365 / 4
=167.51

* 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.


Western Metal Materials Co  (SZSE:002149) Days Sales Outstanding Explanation

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


Western Metal Materials Co Days Sales Outstanding Related Terms

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Western Metal Materials Co (SZSE:002149) Business Description

Traded in Other Exchanges
N/A
Address
No. 56 Keji 3rd Road, New and High-Technology Development Zone, Xi'an, Shanxi, CHN, 710065
Western Metal Materials Co Ltd is a China-based company engaged in the research and development, manufacture and sales of rare metal products. It provides rare metal clad materials and products, titanium products, metal fibers and products, refractory metal products, tungsten-molybdenum materials, as well as precious metal products and others. The company is also engaged in the rare metal testing and processing business. The company distributes its products in domestic market and to overseas markets.
Executives
Yang Li Rong Independent director
Yang Yan An Executives
Gu Liang Directors, executives
Zheng Xue Jun Executives
Yang Jian Chao Executives
Liu Yong Executives
Yan Xue Bai Director
Li Zhang Liang Supervisors
Gao Wen Zhu Directors, executives
Zhang Hong Guo Supervisors, within half a year of separation

Western Metal Materials Co (SZSE:002149) Headlines

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