Lier Chemical Co (SZSE:002258) Days Sales Outstanding : 87.02 (As of Mar. 2024)

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What is Lier Chemical Co Days Sales Outstanding?

Lier Chemical Co's average Accounts Receivable for the three months ended in Mar. 2024 was ¥1,326 Mil. Lier Chemical Co's Revenue for the three months ended in Mar. 2024 was ¥1,391 Mil. Hence, Lier Chemical Co's Days Sales Outstanding for the three months ended in Mar. 2024 was 87.02.

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

SZSE:002258' s Days Sales Outstanding Range Over the Past 10 Years
Min: 51.41 Med: 61.82 Max: 74.69
Current: 74.69

During the past 13 years, Lier Chemical Co's highest Days Sales Outstanding was 74.69. The lowest was 51.41. And the median was 61.82.

SZSE:002258's Days Sales Outstanding is ranked worse than
53.39% of 236 companies
in the Agriculture industry
Industry Median: 68.28 vs SZSE:002258: 74.69

Lier Chemical Co's Days Sales Outstanding increased from Mar. 2023 (60.09) to Mar. 2024 (87.02).

Lier Chemical Co Days Sales Outstanding Historical Data

The historical data trend for Lier Chemical 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.

Lier Chemical Co Days Sales Outstanding Chart

Lier Chemical Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

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67.33

60.34

60.91

51.41

70.42

Lier Chemical 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															60.09	67.71	79.39	67.71	87.02

Competitive Comparison of Lier Chemical Co's Days Sales Outstanding

For the Agricultural Inputs subindustry, Lier Chemical 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.

Lier Chemical Co's Days Sales Outstanding Distribution in the Agriculture Industry

For the Agriculture industry and Basic Materials sector, Lier Chemical Co's Days Sales Outstanding distribution charts can be found below:

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

Lier Chemical 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.

Lier Chemical 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
=	( (1588.107	+	1441.149)	/	2 )	/	7850.607	*	365
=	1514.628					/	7850.607	*	365
=	70.42

Lier Chemical 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
=	( (1441.149	+	1211.614)	/	2 )	/	1390.839	*	365 / 4
=	1326.3815					/	1390.839	*	365 / 4
=	87.02

Lier Chemical Co (SZSE:002258) Days Sales Outstanding Explanation

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

Lier Chemical Co Days Sales Outstanding Related Terms

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Lier Chemical Co (SZSE:002258) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Agriculture » Lier Chemical Co Ltd (SZSE:002258) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

N/A

Address

Economic and Technological Development Zone, Mianyang, Sichuan, CHN, 621000

Website

http://www.lierchem.com

Lier Chemical Co Ltd is engaged in the research and development, production and sales of pesticides like chloropyridines, organophosphates, sulfonylureas, and substituted ureas. The types of products of the company are herbicides, insecticides, and fungicides.

Executives

Liu Hui Hua	Executives
Liu Jun	Directors, executives
Li Jiang	Executives
Cheng Ke	Executives
Jin Jian Li	Director
Lai Hong Gang	Director
Li Yan Fei	Executives
Qiu Feng	Executives
Luo Rong Zhen	Executives
Yin Ying Sui	Director
Tan Fen Fang	Supervisors
Zhou Qian Jun	Executives
Yan Xuan	Executives
Liu Xiao Wei	Executives
Gu Mei Hua	Executives

Lier Chemical Co (SZSE:002258) Headlines

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