GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Hangzhou Greenda Electronic Materials Co Ltd (SHSE:603931) » Definitions » Days Sales Outstanding

Hangzhou Greenda Electronic Materials Co (SHSE:603931) Days Sales Outstanding : 108.74 (As of Mar. 2024)


View and export this data going back to 2020. Start your Free Trial

What is Hangzhou Greenda Electronic Materials Co Days Sales Outstanding?

Hangzhou Greenda Electronic Materials Co's average Accounts Receivable for the three months ended in Mar. 2024 was ¥203.4 Mil. Hangzhou Greenda Electronic Materials Co's Revenue for the three months ended in Mar. 2024 was ¥170.7 Mil. Hence, Hangzhou Greenda Electronic Materials Co's Days Sales Outstanding for the three months ended in Mar. 2024 was 108.74.

The historical rank and industry rank for Hangzhou Greenda Electronic Materials Co's Days Sales Outstanding or its related term are showing as below:

SHSE:603931' s Days Sales Outstanding Range Over the Past 10 Years
Min: 90.37   Med: 100.94   Max: 117.01
Current: 104.44

During the past 8 years, Hangzhou Greenda Electronic Materials Co's highest Days Sales Outstanding was 117.01. The lowest was 90.37. And the median was 100.94.

SHSE:603931's Days Sales Outstanding is ranked worse than
83.09% of 1526 companies
in the Chemicals industry
Industry Median: 64.1 vs SHSE:603931: 104.44

Hangzhou Greenda Electronic Materials Co's Days Sales Outstanding declined from Mar. 2023 (120.57) to Mar. 2024 (108.74).


Hangzhou Greenda Electronic Materials Co Days Sales Outstanding Historical Data

The historical data trend for Hangzhou Greenda Electronic Materials 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.

Hangzhou Greenda Electronic Materials Co Days Sales Outstanding Chart

Hangzhou Greenda Electronic Materials Co Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Sales Outstanding
Get a 7-Day Free Trial 94.11 90.37 99.08 106.06 117.01

Hangzhou Greenda Electronic Materials 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 120.57 103.19 104.53 105.51 108.74

Competitive Comparison of Hangzhou Greenda Electronic Materials Co's Days Sales Outstanding

For the Chemicals subindustry, Hangzhou Greenda Electronic Materials 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.


Hangzhou Greenda Electronic Materials Co's Days Sales Outstanding Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Hangzhou Greenda Electronic Materials Co's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where Hangzhou Greenda Electronic Materials Co's Days Sales Outstanding falls into.



Hangzhou Greenda Electronic Materials 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.

Hangzhou Greenda Electronic Materials 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
=( (234.075 + 211.749) / 2 ) / 695.327*365
=222.912 / 695.327*365
=117.01

Hangzhou Greenda Electronic Materials 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
=( (211.749 + 195.145) / 2 ) / 170.731*365 / 4
=203.447 / 170.731*365 / 4
=108.74

* 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.


Hangzhou Greenda Electronic Materials Co  (SHSE:603931) Days Sales Outstanding Explanation

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


Hangzhou Greenda Electronic Materials Co Days Sales Outstanding Related Terms

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


Hangzhou Greenda Electronic Materials Co (SHSE:603931) Business Description

Traded in Other Exchanges
N/A
Address
No. 9936, Hong15 Road, Linjiang Industrial Park, Xiaoshan, Xiaoshan District, Zhejiang Province, Hangzhou, CHN, 311228
Hangzhou Greenda Electronic Materials Co Ltd is engaged in production and sales of ultra-clean and high-purity wet electronic chemicals. The company is a developer of TMAH and provides various electronic chemical products for TFT-LCD, IC, PV and other industries and integrated management services. Its products include Hydrochloric Acid, Sulphuric acid, Phosphoric acid, Nitric acid, Tetramethylammonium Hydroxide, Isopropanol, Potassium Hydroxide, among others.
Executives
Yin Yun Jian Director

Hangzhou Greenda Electronic Materials Co (SHSE:603931) Headlines

No Headlines