Ganzhou Yihao New Materials Co (SZSE:301176) Days Sales Outstanding : 119.03 (As of Mar. 2024)

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What is Ganzhou Yihao New Materials Co Days Sales Outstanding?

Ganzhou Yihao New Materials Co's average Accounts Receivable for the three months ended in Mar. 2024 was ¥401 Mil. Ganzhou Yihao New Materials Co's Revenue for the three months ended in Mar. 2024 was ¥308 Mil. Hence, Ganzhou Yihao New Materials Co's Days Sales Outstanding for the three months ended in Mar. 2024 was 119.03.

The historical rank and industry rank for Ganzhou Yihao New Materials Co's Days Sales Outstanding or its related term are showing as below:

SZSE:301176' s Days Sales Outstanding Range Over the Past 10 Years
Min: 89.68 Med: 111.33 Max: 142
Current: 110.52

During the past 6 years, Ganzhou Yihao New Materials Co's highest Days Sales Outstanding was 142.00. The lowest was 89.68. And the median was 111.33.

SZSE:301176's Days Sales Outstanding is ranked worse than
77.05% of 2457 companies
in the Hardware industry
Industry Median: 74.44 vs SZSE:301176: 110.52

Ganzhou Yihao New Materials Co's Days Sales Outstanding increased from Mar. 2023 (108.53) to Mar. 2024 (119.03).

Ganzhou Yihao New Materials Co Days Sales Outstanding Historical Data

The historical data trend for Ganzhou Yihao New Materials 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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Ganzhou Yihao New Materials Co Days Sales Outstanding Chart

Ganzhou Yihao New Materials Co Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

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124.36

142.00

91.36

89.68

105.41

Ganzhou Yihao New Materials Co Quarterly Data
	Dec18	Dec19	Dec20	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Days Sales Outstanding	Get a 7-Day Free Trial										108.53	112.19	99.75	114.68	119.03

Competitive Comparison of Ganzhou Yihao New Materials Co's Days Sales Outstanding

For the Electronic Components subindustry, Ganzhou Yihao New Materials 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.

Ganzhou Yihao New Materials Co's Days Sales Outstanding Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Ganzhou Yihao New Materials Co's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where Ganzhou Yihao New Materials Co's Days Sales Outstanding falls into.

Ganzhou Yihao New Materials 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.

Ganzhou Yihao New Materials 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
=	( (337.693	+	399.704)	/	2 )	/	1276.738	*	365
=	368.6985					/	1276.738	*	365
=	105.41

Ganzhou Yihao New Materials 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
=	( (399.704	+	402.635)	/	2 )	/	307.553	*	365 / 4
=	401.1695					/	307.553	*	365 / 4
=	119.03

Ganzhou Yihao New Materials Co (SZSE:301176) Days Sales Outstanding Explanation

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

Ganzhou Yihao New Materials Co Days Sales Outstanding Related Terms

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Ganzhou Yihao New Materials Co (SZSE:301176) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Ganzhou Yihao New Materials Co Ltd (SZSE:301176) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 16, Metallurgical Road, Zhanggong District, Jiangxi Province, Ganzhou, CHN, 341000

Website

https://www.yihaonm.com

Ganzhou Yihao New Materials Co Ltd engaged in the research and development, manufacturing and sales of high-precision electrolytic copper foil and new electronic components. The company's main products are electronic circuit copper foil, aluminum-based copper clad laminate and circuit board.

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