Yongxing Special Materials Technology Co (SZSE:002756) Days Sales Outstanding : 9.11 (As of Mar. 2024)

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What is Yongxing Special Materials Technology Co Days Sales Outstanding?

Yongxing Special Materials Technology Co's average Accounts Receivable for the three months ended in Mar. 2024 was ¥230 Mil. Yongxing Special Materials Technology Co's Revenue for the three months ended in Mar. 2024 was ¥2,300 Mil. Hence, Yongxing Special Materials Technology Co's Days Sales Outstanding for the three months ended in Mar. 2024 was 9.11.

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

SZSE:002756' s Days Sales Outstanding Range Over the Past 10 Years
Min: 4.52 Med: 8.87 Max: 11.97
Current: 6.09

During the past 13 years, Yongxing Special Materials Technology Co's highest Days Sales Outstanding was 11.97. The lowest was 4.52. And the median was 8.87.

SZSE:002756's Days Sales Outstanding is ranked better than
94.31% of 598 companies
in the Steel industry
Industry Median: 49.915 vs SZSE:002756: 6.09

Yongxing Special Materials Technology Co's Days Sales Outstanding increased from Mar. 2023 (4.59) to Mar. 2024 (9.11).

Yongxing Special Materials Technology Co Days Sales Outstanding Historical Data

The historical data trend for Yongxing Special Materials Technology 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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Yongxing Special Materials Technology Co Days Sales Outstanding Chart

Yongxing Special Materials Technology Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

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11.97

10.46

8.67

4.52

4.77

Yongxing Special Materials Technology 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															4.59	4.23	4.51	5.83	9.11

Competitive Comparison of Yongxing Special Materials Technology Co's Days Sales Outstanding

For the Steel subindustry, Yongxing Special Materials Technology 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.

Yongxing Special Materials Technology Co's Days Sales Outstanding Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, Yongxing Special Materials Technology Co's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where Yongxing Special Materials Technology Co's Days Sales Outstanding falls into.

Yongxing Special Materials Technology 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.

Yongxing Special Materials Technology 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
=	( (165.042	+	153.667)	/	2 )	/	12189.009	*	365
=	159.3545					/	12189.009	*	365
=	4.77

Yongxing Special Materials Technology 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
=	( (153.667	+	305.518)	/	2 )	/	2300.216	*	365 / 4
=	229.5925					/	2300.216	*	365 / 4
=	9.11

Yongxing Special Materials Technology Co (SZSE:002756) Days Sales Outstanding Explanation

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

Yongxing Special Materials Technology Co Days Sales Outstanding Related Terms

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Yongxing Special Materials Technology Co (SZSE:002756) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » Yongxing Special Materials Technology Co Ltd (SZSE:002756) » Definitions » Days Sales Outstanding

Traded in Other Exchanges

N/A

Address

Yangjiabu, Zhejiang province, Huzhou, CHN, 313005

Website

http://www.yongxingbxg.com

Yongxing Special Stainless Steel Co Ltd is engaged in the research and development and production of high-quality stainless steel and nickel-based iron-nickel-based alloy rods and wire. The products of the company are mainly used in petrochemicals, high-pressure boilers, nuclear power, equipment manufacturing, aerospace, and other industrial fields. The product portfolio includes - stainless steel bars, stainless steel wire, and special alloy.

Yongxing Special Materials Technology Co (SZSE:002756) Headlines

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