Tangshannyou Chemical Industries Co (SHSE:600409) Days Sales Outstanding : 7.56 (As of Mar. 2024)

View and export this data going back to 2003. Start your Free Trial

What is Tangshannyou Chemical Industries Co Days Sales Outstanding?

Tangshannyou Chemical Industries Co's average Accounts Receivable for the three months ended in Mar. 2024 was ¥432 Mil. Tangshannyou Chemical Industries Co's Revenue for the three months ended in Mar. 2024 was ¥5,216 Mil. Hence, Tangshannyou Chemical Industries Co's Days Sales Outstanding for the three months ended in Mar. 2024 was 7.56.

The historical rank and industry rank for Tangshannyou Chemical Industries Co's Days Sales Outstanding or its related term are showing as below:

SHSE:600409' s Days Sales Outstanding Range Over the Past 10 Years
Min: 6.34 Med: 10.01 Max: 13.32
Current: 8.74

During the past 13 years, Tangshannyou Chemical Industries Co's highest Days Sales Outstanding was 13.32. The lowest was 6.34. And the median was 10.01.

SHSE:600409's Days Sales Outstanding is ranked better than
96.85% of 1526 companies
in the Chemicals industry
Industry Median: 64.1 vs SHSE:600409: 8.74

Tangshannyou Chemical Industries Co's Days Sales Outstanding declined from Mar. 2023 (8.78) to Mar. 2024 (7.56).

Tangshannyou Chemical Industries Co Days Sales Outstanding Historical Data

The historical data trend for Tangshannyou Chemical Industries 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.

* Premium members only.

Tangshannyou Chemical Industries Co Days Sales Outstanding Chart

Tangshannyou Chemical Industries Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

Get a 7-Day Free Trial

9.52

9.17

6.34

6.52

6.79

Tangshannyou Chemical Industries Co 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															8.78	9.56	9.51	7.75	7.56

Competitive Comparison of Tangshannyou Chemical Industries Co's Days Sales Outstanding

For the Specialty Chemicals subindustry, Tangshannyou Chemical Industries 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.

Tangshannyou Chemical Industries Co's Days Sales Outstanding Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Tangshannyou Chemical Industries Co's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where Tangshannyou Chemical Industries Co's Days Sales Outstanding falls into.

Tangshannyou Chemical Industries 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.

Tangshannyou Chemical Industries Co'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
=	( (445.969	+	369.349)	/	2 )	/	21920.092	*	365
=	407.659					/	21920.092	*	365
=	6.79

Tangshannyou Chemical Industries Co'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
=	( (369.349	+	495.142)	/	2 )	/	5215.909	*	365 / 4
=	432.2455					/	5215.909	*	365 / 4
=	7.56

Tangshannyou Chemical Industries Co (SHSE:600409) Days Sales Outstanding Explanation

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

Tangshannyou Chemical Industries Co Days Sales Outstanding Related Terms

Thank you for viewing the detailed overview of Tangshannyou Chemical Industries Co's Days Sales Outstanding provided by GuruFocus.com. Please click on the following links to see related term pages.

Tangshannyou Chemical Industries Co (SHSE:600409) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Tangshan Sanyou Chemical Industries Co Ltd (SHSE:600409) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

N/A

Address

Nanbao Development Zone, Tangshan, Hebei, CHN, 063305

Website

http://www.sanyou-chem.com.cn

Tangshan Sanyou Chemical Industries Co Ltd is principally engaged in the production and sale of chemical products. Sanyou's technical process includes squeezing and pressing method, solid phase, and liquid phase. The company offers dense and light soda ash, hydration dense and extrusion dense soda ash, normal, low salt, super-low salt, and special low soda ash, industrial soda ash, food additive soda ash, viscose fiber, PVC and caustic soda products. In addition, the company offers salt products comprising industry salt, refined powder salt, industrial washing brine and magnesium chloride.

Tangshannyou Chemical Industries Co (SHSE:600409) Headlines

No Headlines