Sinomine Resource Group Co (SZSE:002738) Days Sales Outstanding : 35.88 (As of Mar. 2024)

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What is Sinomine Resource Group Co Days Sales Outstanding?

Sinomine Resource Group Co's average Accounts Receivable for the three months ended in Mar. 2024 was ¥443 Mil. Sinomine Resource Group Co's Revenue for the three months ended in Mar. 2024 was ¥1,127 Mil. Hence, Sinomine Resource Group Co's Days Sales Outstanding for the three months ended in Mar. 2024 was 35.88.

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

SZSE:002738' s Days Sales Outstanding Range Over the Past 10 Years
Min: 16.43 Med: 164.34 Max: 323.04
Current: 31.38

During the past 13 years, Sinomine Resource Group Co's highest Days Sales Outstanding was 323.04. The lowest was 16.43. And the median was 164.34.

SZSE:002738's Days Sales Outstanding is ranked better than
58.68% of 789 companies
in the Metals & Mining industry
Industry Median: 42.51 vs SZSE:002738: 31.38

Sinomine Resource Group Co's Days Sales Outstanding increased from Mar. 2023 (19.87) to Mar. 2024 (35.88).

Sinomine Resource Group Co Days Sales Outstanding Historical Data

The historical data trend for Sinomine Resource Group 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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Sinomine Resource Group Co Days Sales Outstanding Chart

Sinomine Resource Group Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

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142.00

115.57

49.27

16.43

25.42

Sinomine Resource Group 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															19.87	25.82	27.74	36.22	35.88

Competitive Comparison of Sinomine Resource Group Co's Days Sales Outstanding

For the Other Industrial Metals & Mining subindustry, Sinomine Resource Group 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.

Sinomine Resource Group Co's Days Sales Outstanding Distribution in the Metals & Mining Industry

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

* The bar in red indicates where Sinomine Resource Group Co's Days Sales Outstanding falls into.

Sinomine Resource Group 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.

Sinomine Resource Group 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
=	( (464.003	+	373.637)	/	2 )	/	6013.324	*	365
=	418.82					/	6013.324	*	365
=	25.42

Sinomine Resource Group 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
=	( (373.637	+	512.45)	/	2 )	/	1126.63	*	365 / 4
=	443.0435					/	1126.63	*	365 / 4
=	35.88

Sinomine Resource Group Co (SZSE:002738) Days Sales Outstanding Explanation

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

Sinomine Resource Group Co Days Sales Outstanding Related Terms

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Sinomine Resource Group Co (SZSE:002738) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Sinomine Resource Group Co Ltd (SZSE:002738) » Definitions » Days Sales Outstanding

Traded in Other Exchanges

N/A

Address

11 Changchunqiao Road, Floor 5, Building A, Wanliuyicheng Plaza, Haidian District, Beijing, CHN, 100089

Website

http://www.nfmec.com

Sinomine Resource Group Co Ltd is a mineral exploration engineering technical service company. Its business is divided into various divisions such as Geological Exploration, Mining Investment, International Engineering, and Trading Business. Some of its project profile include Open Pit in Hopewell Chromite Project in Zimbabe, Caofeidian Project of Shougang Group, Sutong Bridge Large Diameter Pile Foundation Project, Backfill Station of Main Orebody of Chambishi Copper Mine Construction Project, and others.

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