Guangdong Hoshion Aluminium Co (SZSE:002824) Days Sales Outstanding : 95.98 (As of Mar. 2024)

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What is Guangdong Hoshion Aluminium Co Days Sales Outstanding?

Guangdong Hoshion Aluminium Co's average Accounts Receivable for the three months ended in Mar. 2024 was ¥747 Mil. Guangdong Hoshion Aluminium Co's Revenue for the three months ended in Mar. 2024 was ¥710 Mil. Hence, Guangdong Hoshion Aluminium Co's Days Sales Outstanding for the three months ended in Mar. 2024 was 95.98.

The historical rank and industry rank for Guangdong Hoshion Aluminium Co's Days Sales Outstanding or its related term are showing as below:

SZSE:002824' s Days Sales Outstanding Range Over the Past 10 Years
Min: 50.46 Med: 88.92 Max: 115.49
Current: 82.93

During the past 13 years, Guangdong Hoshion Aluminium Co's highest Days Sales Outstanding was 115.49. The lowest was 50.46. And the median was 88.92.

SZSE:002824's Days Sales Outstanding is ranked worse than
70.05% of 788 companies
in the Metals & Mining industry
Industry Median: 42.7 vs SZSE:002824: 82.93

Guangdong Hoshion Aluminium Co's Days Sales Outstanding declined from Mar. 2023 (135.20) to Mar. 2024 (95.98).

Guangdong Hoshion Aluminium Co Days Sales Outstanding Historical Data

The historical data trend for Guangdong Hoshion Aluminium 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.

Guangdong Hoshion Aluminium Co Days Sales Outstanding Chart

Guangdong Hoshion Aluminium Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

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97.17

108.23

99.32

112.88

115.49

Guangdong Hoshion Aluminium 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															135.20	90.31	79.45	79.50	95.98

Competitive Comparison of Guangdong Hoshion Aluminium Co's Days Sales Outstanding

For the Aluminum subindustry, Guangdong Hoshion Aluminium 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.

Guangdong Hoshion Aluminium Co's Days Sales Outstanding Distribution in the Metals & Mining Industry

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

* The bar in red indicates where Guangdong Hoshion Aluminium Co's Days Sales Outstanding falls into.

Guangdong Hoshion Aluminium 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.

Guangdong Hoshion Aluminium 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
=	( (1011.883	+	826.492)	/	2 )	/	2905.055	*	365
=	919.1875					/	2905.055	*	365
=	115.49

Guangdong Hoshion Aluminium 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
=	( (826.492	+	667.557)	/	2 )	/	710.209	*	365 / 4
=	747.0245					/	710.209	*	365 / 4
=	95.98

Guangdong Hoshion Aluminium Co (SZSE:002824) Days Sales Outstanding Explanation

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

Guangdong Hoshion Aluminium Co Days Sales Outstanding Related Terms

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Guangdong Hoshion Aluminium Co (SZSE:002824) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Guangdong Hoshion Aluminium Co Ltd (SZSE:002824) » Definitions » Days Sales Outstanding

Traded in Other Exchanges

N/A

Address

No. 5, Meiyuan Road, Qianyu Industrial Zone, Sanxiang Town, Guangdong Province, Zhongshan, CHN, 528463

Website

http://www.hoshion.com/en

Guangdong Hoshion Aluminium Co Ltd is an industrial aluminum manufacturer. The firm research, produce, and develop aluminum casting, anodizing, tooling, extrusion, and other products. It offers consumer electronics, such as OPC and driven rollers for copier printers; power bank housing products; aluminum for TV frames; electronic products extrusion materials; arm of computer hard disc; seamless pipes for lens; and photographic equipment. It also provides automobile anti-collision beams; high precision large sectional rectangle pipes; colied pipesinner thread pipes; and forging parts. In addition, the firm offers seamless pipes for baseball bars; kitchen and bathroom components; aluminum used lighting and snow shoes; electric heating tubes; and conditioner frames.

Executives

Zhang Hong	Independent director
Jin Jiong	Directors, executives
Li Jian Xiang	Director
Chen Hua Ping	Executives
Li Jiang	Secretary, Director
Huang Jia Hui	Director
Zhou Feng Hui	Supervisors

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