Tianqi Lithium (HKSE:09696) Days Sales Outstanding : 80.01 (As of Dec. 2023)

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What is Tianqi Lithium Days Sales Outstanding?

Tianqi Lithium's average Accounts Receivable for the three months ended in Dec. 2023 was HK$6,761 Mil. Tianqi Lithium's Revenue for the three months ended in Dec. 2023 was HK$7,710 Mil. Hence, Tianqi Lithium's Days Sales Outstanding for the three months ended in Dec. 2023 was 80.01.

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

HKSE:09696' s Days Sales Outstanding Range Over the Past 10 Years
Min: 20.86 Med: 31.95 Max: 143.16
Current: 143.16

During the past 5 years, Tianqi Lithium's highest Days Sales Outstanding was 143.16. The lowest was 20.86. And the median was 31.95.

HKSE:09696's Days Sales Outstanding is ranked worse than
79.55% of 792 companies
in the Metals & Mining industry
Industry Median: 42.325 vs HKSE:09696: 143.16

Tianqi Lithium's Days Sales Outstanding increased from Sep. 2022 (29.72) to Dec. 2023 (80.01).

Tianqi Lithium Days Sales Outstanding Historical Data

The historical data trend for Tianqi Lithium'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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Tianqi Lithium Days Sales Outstanding Chart

Tianqi Lithium Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

26.65

31.95

20.86

36.72

53.46

Tianqi Lithium Quarterly Data
	Dec19	Dec20	Mar21	Jun21	Dec21	Mar22	Jun22	Sep22	Dec22	Jun23	Sep23	Dec23	Mar24
Days Sales Outstanding	Get a 7-Day Free Trial								43.37	-	89.08	80.01	153.43

Competitive Comparison of Tianqi Lithium's Days Sales Outstanding

For the Other Industrial Metals & Mining subindustry, Tianqi Lithium'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.

Tianqi Lithium's Days Sales Outstanding Distribution in the Metals & Mining Industry

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

* The bar in red indicates where Tianqi Lithium's Days Sales Outstanding falls into.

Tianqi Lithium 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.

Tianqi Lithium'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
=	( (8238.31	+	4720.955)	/	2 )	/	44241.5	*	365
=	6479.6325					/	44241.5	*	365
=	53.46

Tianqi Lithium'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: Sep. 2023 )	+	Accounts Receivable (A: Dec. 2023 ))	/	count )	/	Revenue (A: Dec. 2023 )	*	Days in Period
=	( (8800.241	+	4720.955)	/	2 )	/	7710.197	*	365 / 4
=	6760.598					/	7710.197	*	365 / 4
=	80.01

Tianqi Lithium (HKSE:09696) Days Sales Outstanding Explanation

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

Tianqi Lithium Days Sales Outstanding Related Terms

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Tianqi Lithium (HKSE:09696) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Tianqi Lithium Corp (HKSE:09696) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

2220:Germany

Address

No. 10 East Gaopeng Road, Building 1, Hi-Tech Zone, Sichuan, Chengdu, CHN

Website

http://www.tianqilithium.com

Tianqi Lithium is a leading new energy materials company headquartered in China. The company is the largest producer of mined lithium globally in terms of output and is ranked third in terms of revenue generated from lithium, according to Wood Mackenzie. It is also the world's fourth largest and Asia's second largest lithium compound producer, as measured by production output, according to the same source. Tianqi is the only lithium producer in China that has achieved 100% self-sufficiency and has fully vertically integrated lithium mines. It operates in critical stages of the lithium value chain, including: 1) mining of lithium ore and manufacturing of lithium concentrate; and 2) manufacturing of lithium compounds and derivatives.

Tianqi Lithium (HKSE:09696) Headlines

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