China Precision Steel (FRA:3CP1) Days Sales Outstanding : 35.18 (As of Dec. 2014)

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What is China Precision Steel Days Sales Outstanding?

China Precision Steel's average Accounts Receivable for the three months ended in Dec. 2014 was €1.62 Mil. China Precision Steel's Revenue for the three months ended in Dec. 2014 was €4.21 Mil. Hence, China Precision Steel's Days Sales Outstanding for the three months ended in Dec. 2014 was 35.18.

The historical rank and industry rank for China Precision Steel's Days Sales Outstanding or its related term are showing as below:

FRA:3CP1' s Days Sales Outstanding Range Over the Past 10 Years
Min: 20.64 Med: 60.83 Max: 294.58
Current: 23.58

During the past 13 years, China Precision Steel's highest Days Sales Outstanding was 294.58. The lowest was 20.64. And the median was 60.83.

FRA:3CP1's Days Sales Outstanding is not ranked
in the Steel industry.
Industry Median: 49.315 vs FRA:3CP1: 23.58

China Precision Steel's Days Sales Outstanding declined from Dec. 2013 (187.87) to Dec. 2014 (35.18).

China Precision Steel Days Sales Outstanding Historical Data

The historical data trend for China Precision Steel'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.

China Precision Steel Days Sales Outstanding Chart

China Precision Steel Annual Data

Trend

Dec04

Dec05

Jun07

Jun08

Jun09

Jun10

Jun11

Jun12

Jun13

Jun14

Days Sales Outstanding

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121.93

114.95

121.40

457.85

127.74

China Precision Steel Quarterly Data
	Mar10	Jun10	Sep10	Dec10	Mar11	Jun11	Sep11	Dec11	Mar12	Jun12	Sep12	Dec12	Mar13	Jun13	Sep13	Dec13	Mar14	Jun14	Sep14	Dec14
Days Sales Outstanding	Get a 7-Day Free Trial															187.87	101.67	49.15	34.83	35.18

Competitive Comparison of China Precision Steel's Days Sales Outstanding

For the Steel subindustry, China Precision Steel'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.

China Precision Steel's Days Sales Outstanding Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, China Precision Steel's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where China Precision Steel's Days Sales Outstanding falls into.

China Precision Steel 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.

China Precision Steel's Days Sales Outstanding for the fiscal year that ended in Jun. 2014 is calculated as

	Days Sales Outstanding (A: Jun. 2014 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Jun. 2013 )	+	Accounts Receivable (A: Jun. 2014 ))	/	count )	/	Revenue (A: Jun. 2014 )	*	Days in Period
=	( (22.347	+	1.964)	/	2 )	/	34.733	*	365
=	12.1555					/	34.733	*	365
=	127.74

China Precision Steel's Days Sales Outstanding for the quarter that ended in Dec. 2014 is calculated as:

	Days Sales Outstanding (Q: Dec. 2014 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Sep. 2014 )	+	Accounts Receivable (A: Dec. 2014 ))	/	count )	/	Revenue (A: Dec. 2014 )	*	Days in Period
=	( (1.437	+	1.807)	/	2 )	/	4.207	*	365 / 4
=	1.622					/	4.207	*	365 / 4
=	35.18

China Precision Steel (FRA:3CP1) Days Sales Outstanding Explanation

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

China Precision Steel Days Sales Outstanding Related Terms

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China Precision Steel (FRA:3CP1) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » China Precision Steel Inc (FRA:3CP1) » Definitions » Days Sales Outstanding

Traded in Other Exchanges

N/A

Address

Website

http://www.chinaprecisionsteelinc.com

China Precision Steel Inc is a steel processing company. The firm through its subsidiaries manufacture and sell cold rolled precision steel products for applications including automobile components and spare parts, kitchen tools, electrical appliances, roofing and food packaging materials. The company conducts its operations mainly in China.

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