Advanced Technology & Materials Co (SZSE:000969) Days Sales Outstanding : 55.47 (As of Mar. 2024)

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What is Advanced Technology & Materials Co Days Sales Outstanding?

Advanced Technology & Materials Co's average Accounts Receivable for the three months ended in Mar. 2024 was ¥1,150 Mil. Advanced Technology & Materials Co's Revenue for the three months ended in Mar. 2024 was ¥1,891 Mil. Hence, Advanced Technology & Materials Co's Days Sales Outstanding for the three months ended in Mar. 2024 was 55.47.

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

SZSE:000969' s Days Sales Outstanding Range Over the Past 10 Years
Min: 41.05 Med: 74.09 Max: 88.73
Current: 60.36

During the past 13 years, Advanced Technology & Materials Co's highest Days Sales Outstanding was 88.73. The lowest was 41.05. And the median was 74.09.

SZSE:000969's Days Sales Outstanding is ranked worse than
61.5% of 787 companies
in the Metals & Mining industry
Industry Median: 42.51 vs SZSE:000969: 60.36

Advanced Technology & Materials Co's Days Sales Outstanding increased from Mar. 2023 (48.57) to Mar. 2024 (55.47).

Advanced Technology & Materials Co Days Sales Outstanding Historical Data

The historical data trend for Advanced Technology & 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.

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Advanced Technology & Materials Co Days Sales Outstanding Chart

Advanced Technology & Materials Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

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75.91

69.21

52.36

42.83

41.05

Advanced Technology & 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															48.57	61.54	73.34	51.10	55.47

Competitive Comparison of Advanced Technology & Materials Co's Days Sales Outstanding

For the Other Industrial Metals & Mining subindustry, Advanced Technology & 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.

Advanced Technology & Materials Co's Days Sales Outstanding Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Advanced Technology & Materials Co's Days Sales Outstanding distribution charts can be found below:

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

Advanced Technology & 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.

Advanced Technology & 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
=	( (876.381	+	965.308)	/	2 )	/	8187.488	*	365
=	920.8445					/	8187.488	*	365
=	41.05

Advanced Technology & 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
=	( (965.308	+	1333.759)	/	2 )	/	1891.072	*	365 / 4
=	1149.5335					/	1891.072	*	365 / 4
=	55.47

Advanced Technology & Materials Co (SZSE:000969) Days Sales Outstanding Explanation

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

Advanced Technology & Materials Co Days Sales Outstanding Related Terms

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Advanced Technology & Materials Co (SZSE:000969) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Advanced Technology & Materials Co Ltd (SZSE:000969) » Definitions » Days Sales Outstanding

Traded in Other Exchanges

N/A

Address

No. 76 Xueyuan South Road, Haidian District, Beijing, Beijing, CHN, 100081

Website

http://www.atmcn.com

Advanced Technology & Materials Co Ltd is a Chinese high-tech company that focuses on the research and development and manufacture of new metallic materials and products. Its products include amorphous and nano-crystalline materials and products; refractory materials and products; powder materials and products; magnetic materials and products; welding materials and products; filtration materials and environmental protection engineering products; and high-speed steel and diamond tools. These products are used in various fields which include aerospace, energy, transportation, consumer electronics, construction and building materials, petrochemical, saving and environmental protection industries. Geographically the activities are carried out through China.

Executives

Gao Ai Sheng	Supervisors
Su Guo Ping	Directors, executives
Wang Tie Jun	Executives
Li Jun Feng	Director
Wang She Jiao	Director
Yang Wen Yi	Executives
Yang Chun Jie	Securities Affairs Representative
Zhang Jin Hua	Executives
Jiang Jin Feng	Supervisors
Zhao Shi Qian	Directors, executives
Tian Zhi Ling	Director
Zhou Shao Xiong	Executives
Jin Ming Chang	Supervisors
Wang Huai	Supervisors
Zhao Pei	Directors, executives

Advanced Technology & Materials Co (SZSE:000969) Headlines

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