Xingye Alloy Materials Group (HKSE:00505) Days Sales Outstanding : 26.13 (As of Dec. 2023)

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What is Xingye Alloy Materials Group Days Sales Outstanding?

Xingye Alloy Materials Group's average Accounts Receivable for the six months ended in Dec. 2023 was HK$550 Mil. Xingye Alloy Materials Group's Revenue for the six months ended in Dec. 2023 was HK$3,843 Mil. Hence, Xingye Alloy Materials Group's Days Sales Outstanding for the six months ended in Dec. 2023 was 26.13.

The historical rank and industry rank for Xingye Alloy Materials Group's Days Sales Outstanding or its related term are showing as below:

HKSE:00505' s Days Sales Outstanding Range Over the Past 10 Years
Min: 20.18 Med: 28.62 Max: 32.81
Current: 27.38

During the past 13 years, Xingye Alloy Materials Group's highest Days Sales Outstanding was 32.81. The lowest was 20.18. And the median was 28.62.

HKSE:00505's Days Sales Outstanding is ranked better than
61.5% of 787 companies
in the Metals & Mining industry
Industry Median: 42.51 vs HKSE:00505: 27.38

Xingye Alloy Materials Group's Days Sales Outstanding increased from Dec. 2022 (23.76) to Dec. 2023 (26.13).

Xingye Alloy Materials Group Days Sales Outstanding Historical Data

The historical data trend for Xingye Alloy Materials Group'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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Xingye Alloy Materials Group Days Sales Outstanding Chart

Xingye Alloy Materials Group Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

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26.99

27.56

20.18

24.84

28.53

Xingye Alloy Materials Group Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Days Sales Outstanding	Get a 7-Day Free Trial															19.80	22.08	23.76	27.64	26.13

Competitive Comparison of Xingye Alloy Materials Group's Days Sales Outstanding

For the Copper subindustry, Xingye Alloy Materials Group'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.

Xingye Alloy Materials Group's Days Sales Outstanding Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Xingye Alloy Materials Group's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where Xingye Alloy Materials Group's Days Sales Outstanding falls into.

Xingye Alloy Materials Group 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.

Xingye Alloy Materials Group'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
=	( (455.594	+	625.759)	/	2 )	/	6916.154	*	365
=	540.6765					/	6916.154	*	365
=	28.53

Xingye Alloy Materials Group's Days Sales Outstanding for the quarter that ended in Dec. 2023 is calculated as:

	Days Sales Outstanding (Q: Dec. 2023 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Jun. 2023 )	+	Accounts Receivable (A: Dec. 2023 ))	/	count )	/	Revenue (A: Dec. 2023 )	*	Days in Period
=	( (475.032	+	625.759)	/	2 )	/	3843.407	*	365 / 2
=	550.3955					/	3843.407	*	365 / 2
=	26.13

Xingye Alloy Materials Group (HKSE:00505) Days Sales Outstanding Explanation

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

Xingye Alloy Materials Group Days Sales Outstanding Related Terms

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Xingye Alloy Materials Group (HKSE:00505) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Xingye Alloy Materials Group Ltd (HKSE:00505) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

N/A

Address

37-39 Hung To Road, Flat 11, 11th Floor, Hung Tai Industrial Building, Kwun Tong, Kowloon, Hong Kong, HKG

Website

http://www.xingyealloy.com

Xingye Alloy Materials Group Ltd is an investment holding company engaged in the copper products business. The principal activities of the company are the manufacturing and sales of high-precision copper plates and strips, trading of raw materials, provision of processing services, the management of a portfolio of investment and development, and operation and distribution of internet and mobile gaming products The company generates its revenue from Mainland China, South Korea, Hong Kong, Taiwan, Bangladesh, India, Thailand, and Other countries.

Executives

Hu Changyuan	2101 Beneficial owner
Yu Yuesu	2202 Interest of your spouse
Ma Jiafeng	2201 Interest of corporation controlled by you
Xie Shicai	2201 Interest of corporation controlled by you
Dynamic Empire Holdings Limited	2201 Interest of corporation controlled by you
Come Fortune International Limited	2101 Beneficial owner
Zedra Trust Company (singapore) Limited	2301 Trustee
Bostone Group Limited	2101 Beneficial owner

Xingye Alloy Materials Group (HKSE:00505) Headlines

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