Shandong Hontron Aluminum Industry Holding Co (SZSE:002379) Days Sales Outstanding : 14.05 (As of Mar. 2024)

View and export this data going back to 2010. Start your Free Trial

What is Shandong Hontron Aluminum Industry Holding Co Days Sales Outstanding?

Shandong Hontron Aluminum Industry Holding Co's average Accounts Receivable for the three months ended in Mar. 2024 was ¥125 Mil. Shandong Hontron Aluminum Industry Holding Co's Revenue for the three months ended in Mar. 2024 was ¥810 Mil. Hence, Shandong Hontron Aluminum Industry Holding Co's Days Sales Outstanding for the three months ended in Mar. 2024 was 14.05.

The historical rank and industry rank for Shandong Hontron Aluminum Industry Holding Co's Days Sales Outstanding or its related term are showing as below:

SZSE:002379' s Days Sales Outstanding Range Over the Past 10 Years
Min: 11.95 Med: 34.25 Max: 85.45
Current: 14.96

During the past 13 years, Shandong Hontron Aluminum Industry Holding Co's highest Days Sales Outstanding was 85.45. The lowest was 11.95. And the median was 34.25.

SZSE:002379's Days Sales Outstanding is ranked better than
75.48% of 787 companies
in the Metals & Mining industry
Industry Median: 42.58 vs SZSE:002379: 14.96

Shandong Hontron Aluminum Industry Holding Co's Days Sales Outstanding declined from Mar. 2023 (15.68) to Mar. 2024 (14.05).

Shandong Hontron Aluminum Industry Holding Co Days Sales Outstanding Historical Data

The historical data trend for Shandong Hontron Aluminum Industry Holding 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.

Shandong Hontron Aluminum Industry Holding Co Days Sales Outstanding Chart

Shandong Hontron Aluminum Industry Holding Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

Get a 7-Day Free Trial

26.72

29.90

18.41

11.95

13.26

Shandong Hontron Aluminum Industry Holding 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															15.68	14.62	14.90	14.13	14.05

Competitive Comparison of Shandong Hontron Aluminum Industry Holding Co's Days Sales Outstanding

For the Aluminum subindustry, Shandong Hontron Aluminum Industry Holding 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.

Shandong Hontron Aluminum Industry Holding Co's Days Sales Outstanding Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Shandong Hontron Aluminum Industry Holding Co's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where Shandong Hontron Aluminum Industry Holding Co's Days Sales Outstanding falls into.

Shandong Hontron Aluminum Industry Holding 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.

Shandong Hontron Aluminum Industry Holding 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
=	( (97.963	+	97.321)	/	2 )	/	2687.276	*	365
=	97.642					/	2687.276	*	365
=	13.26

Shandong Hontron Aluminum Industry Holding 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
=	( (97.321	+	152.03)	/	2 )	/	809.706	*	365 / 4
=	124.6755					/	809.706	*	365 / 4
=	14.05

Shandong Hontron Aluminum Industry Holding Co (SZSE:002379) Days Sales Outstanding Explanation

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

Shandong Hontron Aluminum Industry Holding Co Days Sales Outstanding Related Terms

Thank you for viewing the detailed overview of Shandong Hontron Aluminum Industry Holding Co's Days Sales Outstanding provided by GuruFocus.com. Please click on the following links to see related term pages.

Shandong Hontron Aluminum Industry Holding Co (SZSE:002379) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Shandong Hontron Aluminum Industry Holding Co Ltd (SZSE:002379) » Definitions » Days Sales Outstanding

Traded in Other Exchanges

N/A

Address

East of Xinbo Road and north of No. 3 Trunk Canal Bridge, Boxing County, Economic Development Zone, Binzhou, Shandong, CHN, 256500

Website

http://www.hontron.com

Shandong Hontron Aluminum Industry Holding Co Ltd is engaged in research & development, production and sales of high-precision aluminum plate and strip products.

Executives

Zhao Qian Fang	Director
Wei Qi Liang	Supervisors
Wang Lian Yong	Director, Director, Representative of Securities A
Zhao Jun Xiang	Supervisors
Han Mei Fang	Executives
Li Ping	Supervisors
Liu Qing Bo	Supervisors
Hong Qun Li	Directors, executives
Qiao Xiang Qian	Executives
Mu Yu Shan	Directors, executives
Pang Shu Zheng	Secretary, Director
Guo Mao Qiu	Executives

Shandong Hontron Aluminum Industry Holding Co (SZSE:002379) Headlines

No Headlines