Shandongcred Sun Power Sources Co (SZSE:002580) Days Sales Outstanding : 130.80 (As of Mar. 2024)

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What is Shandongcred Sun Power Sources Co Days Sales Outstanding?

Shandongcred Sun Power Sources Co's average Accounts Receivable for the three months ended in Mar. 2024 was ¥855 Mil. Shandongcred Sun Power Sources Co's Revenue for the three months ended in Mar. 2024 was ¥596 Mil. Hence, Shandongcred Sun Power Sources Co's Days Sales Outstanding for the three months ended in Mar. 2024 was 130.80.

The historical rank and industry rank for Shandongcred Sun Power Sources Co's Days Sales Outstanding or its related term are showing as below:

SZSE:002580' s Days Sales Outstanding Range Over the Past 10 Years
Min: 100.09 Med: 138.08 Max: 152.34
Current: 122.34

During the past 13 years, Shandongcred Sun Power Sources Co's highest Days Sales Outstanding was 152.34. The lowest was 100.09. And the median was 138.08.

SZSE:002580's Days Sales Outstanding is ranked worse than
76.94% of 2958 companies
in the Industrial Products industry
Industry Median: 79.805 vs SZSE:002580: 122.34

Shandongcred Sun Power Sources Co's Days Sales Outstanding declined from Mar. 2023 (133.31) to Mar. 2024 (130.80).

Shandongcred Sun Power Sources Co Days Sales Outstanding Historical Data

The historical data trend for Shandongcred Sun Power Sources 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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Shandongcred Sun Power Sources Co Days Sales Outstanding Chart

Shandongcred Sun Power Sources Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

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141.63

134.52

115.71

100.09

107.11

Shandongcred Sun Power Sources 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															133.31	102.00	121.74	155.22	130.80

Competitive Comparison of Shandongcred Sun Power Sources Co's Days Sales Outstanding

For the Electrical Equipment & Parts subindustry, Shandongcred Sun Power Sources 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.

Shandongcred Sun Power Sources Co's Days Sales Outstanding Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Shandongcred Sun Power Sources Co's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where Shandongcred Sun Power Sources Co's Days Sales Outstanding falls into.

Shandongcred Sun Power Sources 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.

Shandongcred Sun Power Sources 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
=	( (817.796	+	833.403)	/	2 )	/	2813.299	*	365
=	825.5995					/	2813.299	*	365
=	107.11

Shandongcred Sun Power Sources 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
=	( (833.403	+	876.094)	/	2 )	/	596.296	*	365 / 4
=	854.7485					/	596.296	*	365 / 4
=	130.80

Shandongcred Sun Power Sources Co (SZSE:002580) Days Sales Outstanding Explanation

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

Shandongcred Sun Power Sources Co Days Sales Outstanding Related Terms

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Shandongcred Sun Power Sources Co (SZSE:002580) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Shandong Sacred Sun Power Sources Co Ltd (SZSE:002580) » Definitions » Days Sales Outstanding

Traded in Other Exchanges

N/A

Address

No. 1 Shengyang Road, Shandong, Qufu, CHN, 273100

Website

http://www.sacredsun.cn

Shandong Sacred Sun Power Sources Co Ltd is engaged in providing stored energy solutions for industrial applications. The company designs, manufactures, and distributes reserve power and motive power batteries. The application area of the company include telecom, UPS, energy storage, and motive power.

Executives

Song Bin	Director
Li Dong Guang	Supervisors
Zhu Ji Ling	Executives
Gao Yun Kui	Director
Yang Jun Chao	Executives
Yu Hai Long	Secretary, Director
Li Shu Hua	Supervisors
Sui Yan Bo	Directors, executives
Gong Guo Wei	Executives
Wang Jun	Executives
Kong De Long	Executives
Yang Yu Qing	Executives
Wang Ping	Directors, executives
Li Juan	Securities Affairs Representative

Shandongcred Sun Power Sources Co (SZSE:002580) Headlines

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