Sunrise New Energy Co (Sunrise New Energy Co) Days Sales Outstanding : 82.13 (As of Jun. 2023)

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What is Sunrise New Energy Co Days Sales Outstanding?

Sunrise New Energy Co's average Accounts Receivable for the six months ended in Jun. 2023 was $9.32 Mil. Sunrise New Energy Co's Revenue for the six months ended in Jun. 2023 was $20.71 Mil. Hence, Sunrise New Energy Co's Days Sales Outstanding for the six months ended in Jun. 2023 was 82.13.

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

EPOW' s Days Sales Outstanding Range Over the Past 10 Years
Min: 1.92 Med: 58.74 Max: 469.98
Current: 51.68

During the past 6 years, Sunrise New Energy Co's highest Days Sales Outstanding was 469.98. The lowest was 1.92. And the median was 58.74.

EPOW's Days Sales Outstanding is ranked better than
80.06% of 2954 companies
in the Industrial Products industry
Industry Median: 79.585 vs EPOW: 51.68

Sunrise New Energy Co's Days Sales Outstanding increased from Jun. 2022 (78.71) to Jun. 2023 (82.13).

Sunrise New Energy Co Days Sales Outstanding Historical Data

The historical data trend for Sunrise New Energy 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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Sunrise New Energy Co Days Sales Outstanding Chart

Sunrise New Energy Co Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Days Sales Outstanding

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8.30

59.90

137.75

469.98

57.58

Sunrise New Energy Co Semi-Annual Data
	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23
Days Sales Outstanding	Get a 7-Day Free Trial							420.75	915.61	78.71	23.45	82.13

Competitive Comparison of Sunrise New Energy Co's Days Sales Outstanding

For the Electrical Equipment & Parts subindustry, Sunrise New Energy 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.

Sunrise New Energy Co's Days Sales Outstanding Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Sunrise New Energy Co's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where Sunrise New Energy Co's Days Sales Outstanding falls into.

Sunrise New Energy 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.

Sunrise New Energy Co's Days Sales Outstanding for the fiscal year that ended in Dec. 2022 is calculated as

	Days Sales Outstanding (A: Dec. 2022 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Dec. 2021 )	+	Accounts Receivable (A: Dec. 2022 ))	/	count )	/	Revenue (A: Dec. 2022 )	*	Days in Period
=	( (6.862	+	5.168)	/	2 )	/	38.126	*	365
=	6.015					/	38.126	*	365
=	57.58

Sunrise New Energy Co's Days Sales Outstanding for the quarter that ended in Jun. 2023 is calculated as:

	Days Sales Outstanding (Q: Jun. 2023 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Dec. 2022 )	+	Accounts Receivable (A: Jun. 2023 ))	/	count )	/	Revenue (A: Jun. 2023 )	*	Days in Period
=	( (5.168	+	13.471)	/	2 )	/	20.708	*	365 / 2
=	9.3195					/	20.708	*	365 / 2
=	82.13

Sunrise New Energy Co (NAS:EPOW) Days Sales Outstanding Explanation

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

Sunrise New Energy Co Days Sales Outstanding Related Terms

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Sunrise New Energy Co (Sunrise New Energy Co) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Sunrise New Energy Co Ltd (NAS:EPOW) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 69 Sanying Road, Zibo Science and Technology Industrial Entrepreneurship Park, Room 703, West Zone, R&D Building, Zhangdian District, Shandong Province, Zibo City, CHN

Website

https://www.sunrisenewenergy.com

Sunrise New Energy Co Ltd is engaged in the manufacturing and sale of graphite anode material for EVs and other lithium-ion batteries. The Company's joint venture is into the construction of a manufacturing plant in Guizhou Province. The plant runs on inexpensive electricity from renewable sources that enables the group to be a low-cost and low environmental impact producer of graphite anode material, Its products include GS-1, GS-2, GS-3, GZD-1, GLD-1, and GZ-1.