Luoyang Xinqianglian Slewing Bearing Co (SZSE:300850) Days Sales Outstanding : 215.01 (As of Mar. 2024)

View and export this data going back to 2020. Start your Free Trial

What is Luoyang Xinqianglian Slewing Bearing Co Days Sales Outstanding?

Luoyang Xinqianglian Slewing Bearing Co's average Accounts Receivable for the three months ended in Mar. 2024 was ¥1,052 Mil. Luoyang Xinqianglian Slewing Bearing Co's Revenue for the three months ended in Mar. 2024 was ¥447 Mil. Hence, Luoyang Xinqianglian Slewing Bearing Co's Days Sales Outstanding for the three months ended in Mar. 2024 was 215.01.

The historical rank and industry rank for Luoyang Xinqianglian Slewing Bearing Co's Days Sales Outstanding or its related term are showing as below:

SZSE:300850' s Days Sales Outstanding Range Over the Past 10 Years
Min: 63.23 Med: 151.55 Max: 227.23
Current: 148.55

During the past 8 years, Luoyang Xinqianglian Slewing Bearing Co's highest Days Sales Outstanding was 227.23. The lowest was 63.23. And the median was 151.55.

SZSE:300850's Days Sales Outstanding is ranked worse than
84.04% of 2957 companies
in the Industrial Products industry
Industry Median: 79.38 vs SZSE:300850: 148.55

Luoyang Xinqianglian Slewing Bearing Co's Days Sales Outstanding increased from Mar. 2023 (187.75) to Mar. 2024 (215.01).

Luoyang Xinqianglian Slewing Bearing Co Days Sales Outstanding Historical Data

The historical data trend for Luoyang Xinqianglian Slewing Bearing 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.

Luoyang Xinqianglian Slewing Bearing Co Days Sales Outstanding Chart

Luoyang Xinqianglian Slewing Bearing Co Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

Get a 7-Day Free Trial

168.20

63.23

96.45

131.24

134.90

Luoyang Xinqianglian Slewing Bearing 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															187.75	139.37	126.78	152.36	215.01

Competitive Comparison of Luoyang Xinqianglian Slewing Bearing Co's Days Sales Outstanding

For the Metal Fabrication subindustry, Luoyang Xinqianglian Slewing Bearing 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.

Luoyang Xinqianglian Slewing Bearing Co's Days Sales Outstanding Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Luoyang Xinqianglian Slewing Bearing Co's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where Luoyang Xinqianglian Slewing Bearing Co's Days Sales Outstanding falls into.

Luoyang Xinqianglian Slewing Bearing 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.

Luoyang Xinqianglian Slewing Bearing 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
=	( (999.992	+	1087.118)	/	2 )	/	2823.632	*	365
=	1043.555					/	2823.632	*	365
=	134.90

Luoyang Xinqianglian Slewing Bearing 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
=	( (1087.118	+	1017.165)	/	2 )	/	446.531	*	365 / 4
=	1052.1415					/	446.531	*	365 / 4
=	215.01

Luoyang Xinqianglian Slewing Bearing Co (SZSE:300850) Days Sales Outstanding Explanation

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

Luoyang Xinqianglian Slewing Bearing Co Days Sales Outstanding Related Terms

Thank you for viewing the detailed overview of Luoyang Xinqianglian Slewing Bearing Co's Days Sales Outstanding provided by GuruFocus.com. Please click on the following links to see related term pages.

Luoyang Xinqianglian Slewing Bearing Co (SZSE:300850) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Luoyang Xinqianglian Slewing Bearing Co Ltd (SZSE:300850) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

N/A

Address

Jiuzhou Road, Luoxin Industrial Park, Henan Province, Luoyang, CHN, 471800

Website

http://www.lyxqlbearing.com.cn

Luoyang Xinqianglian Slewing Bearing Co Ltd is engaged in production and sales of large slewing bearings and industrial forgings. The company designs and manufactures slewing bearings; precision bearings; shield machine parts; mid-to-high frequency quenching, bearing roller processing; sales of forgings, castings, and flanges.

Luoyang Xinqianglian Slewing Bearing Co (SZSE:300850) Headlines

No Headlines