Guangdong Feinan Resources Recycling Co (SZSE:301500) Days Sales Outstanding : 2.47 (As of Mar. 2024)

View and export this data going back to 2023. Start your Free Trial

What is Guangdong Feinan Resources Recycling Co Days Sales Outstanding?

Guangdong Feinan Resources Recycling Co's average Accounts Receivable for the three months ended in Mar. 2024 was ¥62 Mil. Guangdong Feinan Resources Recycling Co's Revenue for the three months ended in Mar. 2024 was ¥2,285 Mil. Hence, Guangdong Feinan Resources Recycling Co's Days Sales Outstanding for the three months ended in Mar. 2024 was 2.47.

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

SZSE:301500' s Days Sales Outstanding Range Over the Past 10 Years
Min: 3.06 Med: 5.5 Max: 11.58
Current: 4.11

During the past 7 years, Guangdong Feinan Resources Recycling Co's highest Days Sales Outstanding was 11.58. The lowest was 3.06. And the median was 5.50.

SZSE:301500's Days Sales Outstanding is ranked better than
98.71% of 232 companies
in the Waste Management industry
Industry Median: 71.315 vs SZSE:301500: 4.11

Guangdong Feinan Resources Recycling Co's Days Sales Outstanding declined from Mar. 2023 (3.69) to Mar. 2024 (2.47).

Guangdong Feinan Resources Recycling Co Days Sales Outstanding Historical Data

The historical data trend for Guangdong Feinan Resources Recycling 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 Feinan Resources Recycling Co Days Sales Outstanding Chart

Guangdong Feinan Resources Recycling Co Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

Get a 7-Day Free Trial

9.64

11.58

7.16

4.54

3.06

Guangdong Feinan Resources Recycling Co Quarterly Data
	Dec17	Dec18	Dec19	Jun20	Dec20	Jun21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Days Sales Outstanding	Get a 7-Day Free Trial											3.69	7.48	5.27	3.70	2.47

Competitive Comparison of Guangdong Feinan Resources Recycling Co's Days Sales Outstanding

For the Waste Management subindustry, Guangdong Feinan Resources Recycling 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 Feinan Resources Recycling Co's Days Sales Outstanding Distribution in the Waste Management Industry

For the Waste Management industry and Industrials sector, Guangdong Feinan Resources Recycling Co's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where Guangdong Feinan Resources Recycling Co's Days Sales Outstanding falls into.

Guangdong Feinan Resources Recycling 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 Feinan Resources Recycling 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
=	( (77.509	+	67.665)	/	2 )	/	8668.337	*	365
=	72.587					/	8668.337	*	365
=	3.06

Guangdong Feinan Resources Recycling 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
=	( (67.665	+	55.897)	/	2 )	/	2285.131	*	365 / 4
=	61.781					/	2285.131	*	365 / 4
=	2.47

Guangdong Feinan Resources Recycling Co (SZSE:301500) 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 Feinan Resources Recycling Co Days Sales Outstanding Related Terms

Thank you for viewing the detailed overview of Guangdong Feinan Resources Recycling Co's Days Sales Outstanding provided by GuruFocus.com. Please click on the following links to see related term pages.

Guangdong Feinan Resources Recycling Co (SZSE:301500) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Waste Management » Guangdong Feinan Resources Recycling Co Ltd (SZSE:301500) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 3-6, Dachong Section, Guihe Road, Lishui Town, Nanhai, Guangdong, Foshan, CHN, 526233

Website

https://www.feinanresources.com

Guangdong Feinan Resources Recycling Co Ltd is mainly engaged in the disposal of non-ferrous metal hazardous waste and the recycling of renewable resources. It is an environmental protection enterprise covering hazardous waste collection, harmless disposal, and resource recycling. The company applies traditional metallurgical technology to the non-ferrous metal hazardous waste disposal and utilization business. It can combine different batches of hazardous waste with low metal grade and different impurity content with copper-containing materials and adopt leading process technology to ultimately produce electrolytic copper, and ice Copper, anode slime and other resource-based products can truly realize resource regeneration and turn waste into treasure.

Guangdong Feinan Resources Recycling Co (SZSE:301500) Headlines

No Headlines