Shanghai Huafon Aluminium (SHSE:601702) Days Sales Outstanding : 58.30 (As of Mar. 2024)

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What is Shanghai Huafon Aluminium Days Sales Outstanding?

Shanghai Huafon Aluminium's average Accounts Receivable for the three months ended in Mar. 2024 was ¥1,509 Mil. Shanghai Huafon Aluminium's Revenue for the three months ended in Mar. 2024 was ¥2,362 Mil. Hence, Shanghai Huafon Aluminium's Days Sales Outstanding for the three months ended in Mar. 2024 was 58.30.

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

SHSE:601702' s Days Sales Outstanding Range Over the Past 10 Years
Min: 52.63 Med: 68.08 Max: 96.3
Current: 53.72

During the past 9 years, Shanghai Huafon Aluminium's highest Days Sales Outstanding was 96.30. The lowest was 52.63. And the median was 68.08.

SHSE:601702's Days Sales Outstanding is ranked worse than
57.16% of 789 companies
in the Metals & Mining industry
Industry Median: 42.39 vs SHSE:601702: 53.72

Shanghai Huafon Aluminium's Days Sales Outstanding declined from Mar. 2023 (58.77) to Mar. 2024 (58.30).

Shanghai Huafon Aluminium Days Sales Outstanding Historical Data

The historical data trend for Shanghai Huafon Aluminium'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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Shanghai Huafon Aluminium Days Sales Outstanding Chart

Shanghai Huafon Aluminium Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

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70.28

75.74

58.39

52.63

57.11

Shanghai Huafon Aluminium 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															58.77	54.31	51.63	53.87	58.30

Competitive Comparison of Shanghai Huafon Aluminium's Days Sales Outstanding

For the Aluminum subindustry, Shanghai Huafon Aluminium'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.

Shanghai Huafon Aluminium's Days Sales Outstanding Distribution in the Metals & Mining Industry

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

* The bar in red indicates where Shanghai Huafon Aluminium's Days Sales Outstanding falls into.

Shanghai Huafon Aluminium 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.

Shanghai Huafon Aluminium'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
=	( (1343.471	+	1563.852)	/	2 )	/	9290.944	*	365
=	1453.6615					/	9290.944	*	365
=	57.11

Shanghai Huafon Aluminium'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
=	( (1563.852	+	1454.104)	/	2 )	/	2361.993	*	365 / 4
=	1508.978					/	2361.993	*	365 / 4
=	58.30

Shanghai Huafon Aluminium (SHSE:601702) Days Sales Outstanding Explanation

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

Shanghai Huafon Aluminium Days Sales Outstanding Related Terms

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Shanghai Huafon Aluminium (SHSE:601702) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Shanghai Huafon Aluminium Corp (SHSE:601702) » Definitions » Days Sales Outstanding

Traded in Other Exchanges

N/A

Address

1111 Yuegong Road, Jinshan District, Shanghai, CHN, 201506

Website

http://www.huafonal.com

Shanghai Huafon Aluminium Corp is engaged in production and sales of aluminum sheet, strip and foil. The company's products include brazed heat exchangers material; water tanks, heaters, air coolers; condenser; evaporator, heater, oil cooler; and Other Industrial Products Materials. Its products line covers all kinds of alloyed material and specifications which is widely used in the automobile and construction machinery and equipment cooling systems, power station cooling system, micro-channel cooler and all kinds of both commercial and residential air-conditioners. It also processes all kinds of aluminum products processing 1,3,4,5,7 series, which are widely used in transportation construction, food packaging, electronics information industry and other fields.

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