Asian Star Anchor Chain Co (SHSE:601890) Days Sales Outstanding : 89.07 (As of Mar. 2024)

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What is Asian Star Anchor Chain Co Days Sales Outstanding?

Asian Star Anchor Chain Co's average Accounts Receivable for the three months ended in Mar. 2024 was ¥439 Mil. Asian Star Anchor Chain Co's Revenue for the three months ended in Mar. 2024 was ¥449 Mil. Hence, Asian Star Anchor Chain Co's Days Sales Outstanding for the three months ended in Mar. 2024 was 89.07.

The historical rank and industry rank for Asian Star Anchor Chain Co's Days Sales Outstanding or its related term are showing as below:

SHSE:601890' s Days Sales Outstanding Range Over the Past 10 Years
Min: 74.98 Med: 93.05 Max: 123.57
Current: 86.88

During the past 13 years, Asian Star Anchor Chain Co's highest Days Sales Outstanding was 123.57. The lowest was 74.98. And the median was 93.05.

SHSE:601890's Days Sales Outstanding is ranked worse than
80.69% of 145 companies
in the Industrial Distribution industry
Industry Median: 57.97 vs SHSE:601890: 86.88

Asian Star Anchor Chain Co's Days Sales Outstanding increased from Mar. 2023 (71.23) to Mar. 2024 (89.07).

Asian Star Anchor Chain Co Days Sales Outstanding Historical Data

The historical data trend for Asian Star Anchor Chain 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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Asian Star Anchor Chain Co Days Sales Outstanding Chart

Asian Star Anchor Chain Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

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87.60

95.61

81.41

83.17

74.98

Asian Star Anchor Chain 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															71.23	78.71	92.26	94.04	89.07

Competitive Comparison of Asian Star Anchor Chain Co's Days Sales Outstanding

For the Industrial Distribution subindustry, Asian Star Anchor Chain 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.

Asian Star Anchor Chain Co's Days Sales Outstanding Distribution in the Industrial Distribution Industry

For the Industrial Distribution industry and Industrials sector, Asian Star Anchor Chain Co's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where Asian Star Anchor Chain Co's Days Sales Outstanding falls into.

Asian Star Anchor Chain 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.

Asian Star Anchor Chain 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
=	( (354.907	+	438.483)	/	2 )	/	1931.114	*	365
=	396.695					/	1931.114	*	365
=	74.98

Asian Star Anchor Chain 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
=	( (438.483	+	438.631)	/	2 )	/	449.287	*	365 / 4
=	438.557					/	449.287	*	365 / 4
=	89.07

Asian Star Anchor Chain Co (SHSE:601890) Days Sales Outstanding Explanation

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

Asian Star Anchor Chain Co Days Sales Outstanding Related Terms

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Asian Star Anchor Chain Co (SHSE:601890) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Distribution » Asian Star Anchor Chain Co Ltd (SHSE:601890) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

N/A

Address

Number 88, Meirengang Road, Dongxing, Jiangsu, Jingjiang, CHN, 214533

Website

http://www.anchor-chain.com

Asian Star Anchor Chain Co Ltd is engaged in the production and distribution of marine anchor chains and marine mooring chains. It mainly provides marine anchor chains and ocean platform mooring chains, as well as related parts and components. The company also offers accessories comprising Kenter Shackle, Joining Shackle, Swivel, End Shackle and Other fittings.

Asian Star Anchor Chain Co (SHSE:601890) Headlines

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