Huachangda Intelligent Equipment Group Co (SZSE:300278) Days Sales Outstanding : 87.59 (As of Mar. 2024)

View and export this data going back to 2011. Start your Free Trial

What is Huachangda Intelligent Equipment Group Co Days Sales Outstanding?

Huachangda Intelligent Equipment Group Co's average Accounts Receivable for the three months ended in Mar. 2024 was ¥728 Mil. Huachangda Intelligent Equipment Group Co's Revenue for the three months ended in Mar. 2024 was ¥758 Mil. Hence, Huachangda Intelligent Equipment Group Co's Days Sales Outstanding for the three months ended in Mar. 2024 was 87.59.

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

SZSE:300278' s Days Sales Outstanding Range Over the Past 10 Years
Min: 58.61 Med: 133.9 Max: 245.75
Current: 84.67

During the past 13 years, Huachangda Intelligent Equipment Group Co's highest Days Sales Outstanding was 245.75. The lowest was 58.61. And the median was 133.90.

SZSE:300278's Days Sales Outstanding is ranked worse than
54.4% of 2945 companies
in the Industrial Products industry
Industry Median: 79.82 vs SZSE:300278: 84.67

Huachangda Intelligent Equipment Group Co's Days Sales Outstanding declined from Mar. 2023 (90.80) to Mar. 2024 (87.59).

Huachangda Intelligent Equipment Group Co Days Sales Outstanding Historical Data

The historical data trend for Huachangda Intelligent Equipment 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.

* Premium members only.

Huachangda Intelligent Equipment Group Co Days Sales Outstanding Chart

Huachangda Intelligent Equipment Group Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

Get a 7-Day Free Trial

198.43

125.51

90.61

58.61

86.05

Huachangda Intelligent Equipment 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															90.80	72.43	95.20	89.10	87.59

Competitive Comparison of Huachangda Intelligent Equipment Group Co's Days Sales Outstanding

For the Specialty Industrial Machinery subindustry, Huachangda Intelligent Equipment 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.

Huachangda Intelligent Equipment Group Co's Days Sales Outstanding Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Huachangda Intelligent Equipment Group Co's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where Huachangda Intelligent Equipment Group Co's Days Sales Outstanding falls into.

Huachangda Intelligent Equipment 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.

Huachangda Intelligent Equipment 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
=	( (581.99	+	766.339)	/	2 )	/	2859.541	*	365
=	674.1645					/	2859.541	*	365
=	86.05

Huachangda Intelligent Equipment 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
=	( (766.339	+	689.292)	/	2 )	/	758.231	*	365 / 4
=	727.8155					/	758.231	*	365 / 4
=	87.59

Huachangda Intelligent Equipment Group Co (SZSE:300278) Days Sales Outstanding Explanation

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

Huachangda Intelligent Equipment Group Co Days Sales Outstanding Related Terms

Thank you for viewing the detailed overview of Huachangda Intelligent Equipment Group Co's Days Sales Outstanding provided by GuruFocus.com. Please click on the following links to see related term pages.

Huachangda Intelligent Equipment Group Co (SZSE:300278) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Huachangda Intelligent Equipment Group Co Ltd (SZSE:300278) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 9 Dongyi Avenue, Hubei Province, Shiyan, CHN, 442012

Website

http://www.hchd.com.cn

Huachangda Intelligent Equipment Group Co Ltd is a general contractor of automated production equipment for automobiles and general industrial machinery.

Executives

Hu Dong Qun	Directors, executives
Hua Jia Rong	Directors, Directors, and Executives
He Rui	Executives
Bu Zhi Lin	Supervisors
Li Jun	Supervisors
Jia Bin	Executives
Yan Hua	Director
Luo Hui	Director
Kang Bing	Securities Affairs Representative
He Wen Zhong	Supervisors

Huachangda Intelligent Equipment Group Co (SZSE:300278) Headlines

No Headlines