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Wuxi Fangsheng Heat Exchanger (BJSE:832662) Days Sales Outstanding : 180.25 (As of Mar. 2024)


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What is Wuxi Fangsheng Heat Exchanger Days Sales Outstanding?

Wuxi Fangsheng Heat Exchanger's average Accounts Receivable for the three months ended in Mar. 2024 was ¥121.5 Mil. Wuxi Fangsheng Heat Exchanger's Revenue for the three months ended in Mar. 2024 was ¥61.5 Mil. Hence, Wuxi Fangsheng Heat Exchanger's Days Sales Outstanding for the three months ended in Mar. 2024 was 180.25.

The historical rank and industry rank for Wuxi Fangsheng Heat Exchanger's Days Sales Outstanding or its related term are showing as below:

BJSE:832662' s Days Sales Outstanding Range Over the Past 10 Years
Min: 80.19   Med: 99.98   Max: 130.15
Current: 130.15

During the past 11 years, Wuxi Fangsheng Heat Exchanger's highest Days Sales Outstanding was 130.15. The lowest was 80.19. And the median was 99.98.

BJSE:832662's Days Sales Outstanding is ranked worse than
79.46% of 2960 companies
in the Industrial Products industry
Industry Median: 79.615 vs BJSE:832662: 130.15

Wuxi Fangsheng Heat Exchanger's Days Sales Outstanding increased from Mar. 2023 (107.95) to Mar. 2024 (180.25).

Warning Sign:

If a company's sales outstanding increases, it means it has difficulty collecting payments from its customers.


Wuxi Fangsheng Heat Exchanger Days Sales Outstanding Historical Data

The historical data trend for Wuxi Fangsheng Heat Exchanger'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.

Wuxi Fangsheng Heat Exchanger Days Sales Outstanding Chart

Wuxi Fangsheng Heat Exchanger Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Sales Outstanding
Get a 7-Day Free Trial Premium Member Only Premium Member Only 91.27 105.79 84.40 93.03 124.90

Wuxi Fangsheng Heat Exchanger 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 107.95 92.95 128.00 155.18 180.25

Competitive Comparison of Wuxi Fangsheng Heat Exchanger's Days Sales Outstanding

For the Specialty Industrial Machinery subindustry, Wuxi Fangsheng Heat Exchanger'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.


Wuxi Fangsheng Heat Exchanger's Days Sales Outstanding Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Wuxi Fangsheng Heat Exchanger's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where Wuxi Fangsheng Heat Exchanger's Days Sales Outstanding falls into.



Wuxi Fangsheng Heat Exchanger 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.

Wuxi Fangsheng Heat Exchanger'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
=( (106.185 + 128.816) / 2 ) / 343.378*365
=117.5005 / 343.378*365
=124.90

Wuxi Fangsheng Heat Exchanger'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
=( (128.816 + 114.257) / 2 ) / 61.527*365 / 4
=121.5365 / 61.527*365 / 4
=180.25

* 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.


Wuxi Fangsheng Heat Exchanger  (BJSE:832662) Days Sales Outstanding Explanation

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


Wuxi Fangsheng Heat Exchanger Days Sales Outstanding Related Terms

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Wuxi Fangsheng Heat Exchanger (BJSE:832662) Business Description

Traded in Other Exchanges
N/A
Address
30, Changkang Road, Mashan No. 5 Bridge, Binhu District, Jiangsu Province, Wuxi City, CHN, 214092
Wuxi Fangsheng Heat Exchanger Corp Ltd engages in research and development, design, production, and sales of plate-fin heat exchangers and heat exchange systems. Its Heat Exchangers are widely applied in many fields such as construction machinery, new energy system, and rail transit.

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