Huaxin Cement Co (SHSE:600801) Days Sales Outstanding : 34.08 (As of Mar. 2024)

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What is Huaxin Cement Co Days Sales Outstanding?

Huaxin Cement Co's average Accounts Receivable for the three months ended in Mar. 2024 was ¥2,646 Mil. Huaxin Cement Co's Revenue for the three months ended in Mar. 2024 was ¥7,084 Mil. Hence, Huaxin Cement Co's Days Sales Outstanding for the three months ended in Mar. 2024 was 34.08.

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

SHSE:600801' s Days Sales Outstanding Range Over the Past 10 Years
Min: 6.31 Med: 12.01 Max: 25.52
Current: 25.52

During the past 13 years, Huaxin Cement Co's highest Days Sales Outstanding was 25.52. The lowest was 6.31. And the median was 12.01.

SHSE:600801's Days Sales Outstanding is ranked better than
81.68% of 382 companies
in the Building Materials industry
Industry Median: 54.575 vs SHSE:600801: 25.52

Huaxin Cement Co's Days Sales Outstanding increased from Mar. 2023 (22.87) to Mar. 2024 (34.08).

Huaxin Cement Co Days Sales Outstanding Historical Data

The historical data trend for Huaxin Cement 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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Huaxin Cement Co Days Sales Outstanding Chart

Huaxin Cement Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

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6.31

7.55

9.05

14.01

19.69

Huaxin Cement 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															22.87	20.37	25.90	22.93	34.08

Competitive Comparison of Huaxin Cement Co's Days Sales Outstanding

For the Building Materials subindustry, Huaxin Cement 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.

Huaxin Cement Co's Days Sales Outstanding Distribution in the Building Materials Industry

For the Building Materials industry and Basic Materials sector, Huaxin Cement Co's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where Huaxin Cement Co's Days Sales Outstanding falls into.

Huaxin Cement 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.

Huaxin Cement 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
=	( (1382.631	+	2259.496)	/	2 )	/	33757.087	*	365
=	1821.0635					/	33757.087	*	365
=	19.69

Huaxin Cement 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
=	( (2259.496	+	3032.437)	/	2 )	/	7083.602	*	365 / 4
=	2645.9665					/	7083.602	*	365 / 4
=	34.08

Huaxin Cement Co (SHSE:600801) Days Sales Outstanding Explanation

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

Huaxin Cement Co Days Sales Outstanding Related Terms

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Huaxin Cement Co (SHSE:600801) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Building Materials » Huaxin Cement Co Ltd (SHSE:600801) » Definitions » Days Sales Outstanding

Traded in Other Exchanges

06655:Hong Kong

Address

No.426, Gaoxin Avenue, Tower B, Huaxin Tower, East Lake High-tech Development Zone, Hubei Province, Wuhan, CHN, 430073

Website

https://www.huaxincem.com

Huaxin Cement Co Ltd is engaged in the production and distribution of cement, ready-mix concrete, cement equipment, and cement packaging products. It is also engaged in environmental protection, equipment manufacturing, EPC engineering, Project consulting, and high-tech building materials. Its products include 32.5 type cement, 42.5 type and above cement, Commercial clinker, Concrete, Aggregate, and others. Its geographical segments include China, Tajikistan, and Cambodia, out of which the majority of the revenue is generated from China.

Huaxin Cement Co (SHSE:600801) Headlines

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