Shandong Head Group Co (SZSE:002810) Days Sales Outstanding : 79.02 (As of Mar. 2024)

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What is Shandong Head Group Co Days Sales Outstanding?

Shandong Head Group Co's average Accounts Receivable for the three months ended in Mar. 2024 was ¥377 Mil. Shandong Head Group Co's Revenue for the three months ended in Mar. 2024 was ¥435 Mil. Hence, Shandong Head Group Co's Days Sales Outstanding for the three months ended in Mar. 2024 was 79.02.

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

SZSE:002810' s Days Sales Outstanding Range Over the Past 10 Years
Min: 38.6 Med: 60.76 Max: 86.36
Current: 86.36

During the past 13 years, Shandong Head Group Co's highest Days Sales Outstanding was 86.36. The lowest was 38.60. And the median was 60.76.

SZSE:002810's Days Sales Outstanding is ranked worse than
71.3% of 1519 companies
in the Chemicals industry
Industry Median: 63.74 vs SZSE:002810: 86.36

Shandong Head Group Co's Days Sales Outstanding declined from Mar. 2023 (93.45) to Mar. 2024 (79.02).

Shandong Head Group Co Days Sales Outstanding Historical Data

The historical data trend for Shandong Head 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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Shandong Head Group Co Days Sales Outstanding Chart

Shandong Head Group Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

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62.97

59.14

60.51

70.48

83.91

Shandong Head 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															93.45	91.94	80.75	90.61	79.02

Competitive Comparison of Shandong Head Group Co's Days Sales Outstanding

For the Specialty Chemicals subindustry, Shandong Head 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.

Shandong Head Group Co's Days Sales Outstanding Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Shandong Head Group Co's Days Sales Outstanding distribution charts can be found below:

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

Shandong Head 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.

Shandong Head 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
=	( (367.388	+	348.101)	/	2 )	/	1556.225	*	365
=	357.7445					/	1556.225	*	365
=	83.91

Shandong Head 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
=	( (348.101	+	405.927)	/	2 )	/	435.373	*	365 / 4
=	377.014					/	435.373	*	365 / 4
=	79.02

Shandong Head Group Co (SZSE:002810) 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 Head Group Co Days Sales Outstanding Related Terms

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Shandong Head Group Co (SZSE:002810) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Shandong Head Group Co Ltd (SZSE:002810) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 999 Heda Road, Shandong Province, Zhoucun District, Zibo, CHN, 255300

Website

http://www.sdhead.com

Shandong Head Group Co Ltd is engaged in research and development, production and sales of water-soluble polymer compounds. Its products include cellulose ether series products, graphite chemical equipment, HPMC plant capsules, trimethyl orthoacetate, diacetone acrylamide. The company has two production divisions, the Cellulose Ether Division and the Graphite Equipment Division.

Executives

Bi Song Ling	Directors, Directors, and Executives
Qiu Jian Jun	Executives
Yang Bing Sheng	Executives
Bi Si Xin	Executives
Yang Bing Gang	Director
Tan Zai Ying	Directors, executives
Cui Ling	Executives
Hu Li Li	Securities Affairs Representative
Bi Xin De	Director
Bi Yu Zhuang	Supervisors

Shandong Head Group Co (SZSE:002810) Headlines

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