Sinosteel Engineering & Technology Co (SZSE:000928) Days Sales Outstanding : 97.03 (As of Mar. 2024)

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What is Sinosteel Engineering & Technology Co Days Sales Outstanding?

Sinosteel Engineering & Technology Co's average Accounts Receivable for the three months ended in Mar. 2024 was ¥5,212 Mil. Sinosteel Engineering & Technology Co's Revenue for the three months ended in Mar. 2024 was ¥4,901 Mil. Hence, Sinosteel Engineering & Technology Co's Days Sales Outstanding for the three months ended in Mar. 2024 was 97.03.

The historical rank and industry rank for Sinosteel Engineering & Technology Co's Days Sales Outstanding or its related term are showing as below:

SZSE:000928' s Days Sales Outstanding Range Over the Past 10 Years
Min: 57.45 Med: 157.14 Max: 253.98
Current: 60.8

During the past 13 years, Sinosteel Engineering & Technology Co's highest Days Sales Outstanding was 253.98. The lowest was 57.45. And the median was 157.14.

SZSE:000928's Days Sales Outstanding is ranked better than
61.97% of 1646 companies
in the Construction industry
Industry Median: 72.605 vs SZSE:000928: 60.80

Sinosteel Engineering & Technology Co's Days Sales Outstanding increased from Mar. 2023 (58.23) to Mar. 2024 (97.03).

Sinosteel Engineering & Technology Co Days Sales Outstanding Historical Data

The historical data trend for Sinosteel Engineering & Technology 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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Sinosteel Engineering & Technology Co Days Sales Outstanding Chart

Sinosteel Engineering & Technology Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

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136.59

137.32

108.16

72.42

57.45

Sinosteel Engineering & Technology 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															58.23	54.82	56.94	48.24	97.03

Competitive Comparison of Sinosteel Engineering & Technology Co's Days Sales Outstanding

For the Engineering & Construction subindustry, Sinosteel Engineering & Technology 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.

Sinosteel Engineering & Technology Co's Days Sales Outstanding Distribution in the Construction Industry

For the Construction industry and Industrials sector, Sinosteel Engineering & Technology Co's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where Sinosteel Engineering & Technology Co's Days Sales Outstanding falls into.

Sinosteel Engineering & Technology 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.

Sinosteel Engineering & Technology 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
=	( (3218.826	+	5084.566)	/	2 )	/	26377.055	*	365
=	4151.696					/	26377.055	*	365
=	57.45

Sinosteel Engineering & Technology 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
=	( (5084.566	+	5339.014)	/	2 )	/	4901.353	*	365 / 4
=	5211.79					/	4901.353	*	365 / 4
=	97.03

Sinosteel Engineering & Technology Co (SZSE:000928) Days Sales Outstanding Explanation

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

Sinosteel Engineering & Technology Co Days Sales Outstanding Related Terms

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Sinosteel Engineering & Technology Co (SZSE:000928) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Sinosteel Engineering & Technology Co Ltd (SZSE:000928) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

N/A

Address

Number 8 Haidian Street, Beijing, CHN, 100080

Website

http://www.mecc.sinosteel.com

Sinosteel Engineering & Technology Co Ltd is a China-based company engaged in focusing on industrial engineering and service, municipal engineering and investment, energy saving and environment protection, as well as high-tech businesses.

Executives

Tang Fa Qi	Executives
Zhou Jian Hong	Executives
Ji Ai Dong	Independent director
Tian Hui	Independent director
Zhang Jian Hua	Executives
Xin Fang	Securities Affairs Representative
Du Jie	Director

Sinosteel Engineering & Technology Co (SZSE:000928) Headlines

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