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Xinyaqiang Silicon Chemistry Co (SHSE:603155) Days Sales Outstanding : 46.80 (As of Mar. 2024)


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What is Xinyaqiang Silicon Chemistry Co Days Sales Outstanding?

Xinyaqiang Silicon Chemistry Co's average Accounts Receivable for the three months ended in Mar. 2024 was ¥96.7 Mil. Xinyaqiang Silicon Chemistry Co's Revenue for the three months ended in Mar. 2024 was ¥188.6 Mil. Hence, Xinyaqiang Silicon Chemistry Co's Days Sales Outstanding for the three months ended in Mar. 2024 was 46.80.

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

SHSE:603155' s Days Sales Outstanding Range Over the Past 10 Years
Min: 32.6   Med: 47.36   Max: 73.2
Current: 58.01

During the past 10 years, Xinyaqiang Silicon Chemistry Co's highest Days Sales Outstanding was 73.20. The lowest was 32.60. And the median was 47.36.

SHSE:603155's Days Sales Outstanding is ranked better than
57.11% of 1527 companies
in the Chemicals industry
Industry Median: 64.16 vs SHSE:603155: 58.01

Xinyaqiang Silicon Chemistry Co's Days Sales Outstanding increased from Mar. 2023 (43.01) to Mar. 2024 (46.80).


Xinyaqiang Silicon Chemistry Co Days Sales Outstanding Historical Data

The historical data trend for Xinyaqiang Silicon Chemistry 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.

Xinyaqiang Silicon Chemistry Co Days Sales Outstanding Chart

Xinyaqiang Silicon Chemistry Co Annual Data
Trend Dec13 Dec14 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Sales Outstanding
Get a 7-Day Free Trial Premium Member Only Premium Member Only 39.34 48.01 43.71 37.92 46.70

Xinyaqiang Silicon Chemistry 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 43.01 62.16 61.09 54.61 46.80

Competitive Comparison of Xinyaqiang Silicon Chemistry Co's Days Sales Outstanding

For the Chemicals subindustry, Xinyaqiang Silicon Chemistry 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.


Xinyaqiang Silicon Chemistry Co's Days Sales Outstanding Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Xinyaqiang Silicon Chemistry Co's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where Xinyaqiang Silicon Chemistry Co's Days Sales Outstanding falls into.



Xinyaqiang Silicon Chemistry 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.

Xinyaqiang Silicon Chemistry 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
=( (93.467 + 79.304) / 2 ) / 675.204*365
=86.3855 / 675.204*365
=46.70

Xinyaqiang Silicon Chemistry 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
=( (79.304 + 114.106) / 2 ) / 188.551*365 / 4
=96.705 / 188.551*365 / 4
=46.80

* 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.


Xinyaqiang Silicon Chemistry Co  (SHSE:603155) Days Sales Outstanding Explanation

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


Xinyaqiang Silicon Chemistry Co Days Sales Outstanding Related Terms

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Xinyaqiang Silicon Chemistry Co (SHSE:603155) Business Description

Traded in Other Exchanges
N/A
Address
No. 2, Yangzi Road, Suqian Ecological Chemical Technology Industrial Park, Jiangsu Province, Suqian, CHN, 223809
Xinyaqiang Silicon Chemistry Co Ltd is engaged in production and sales of organic silicon fine chemicals. The company's products include Iodotrimethylsilane, Chlorotrimethylsilane, Dimethoxydimethylsilane, Dichlorodimethylsilane, Trimethylethoxysilane, among others.
Executives
Pan Yi Ning senior management
Chu Ya Xian Director
Chu Lin Director
Chu Ya Jun Director

Xinyaqiang Silicon Chemistry Co (SHSE:603155) Headlines

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