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North Chemical Industries Co (SZSE:002246) Days Sales Outstanding : 185.84 (As of Mar. 2024)


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What is North Chemical Industries Co Days Sales Outstanding?

North Chemical Industries Co's average Accounts Receivable for the three months ended in Mar. 2024 was ¥604 Mil. North Chemical Industries Co's Revenue for the three months ended in Mar. 2024 was ¥297 Mil. Hence, North Chemical Industries Co's Days Sales Outstanding for the three months ended in Mar. 2024 was 185.84.

The historical rank and industry rank for North Chemical Industries Co's Days Sales Outstanding or its related term are showing as below:

SZSE:002246' s Days Sales Outstanding Range Over the Past 10 Years
Min: 37.72   Med: 63.3   Max: 115.2
Current: 115.2

During the past 13 years, North Chemical Industries Co's highest Days Sales Outstanding was 115.20. The lowest was 37.72. And the median was 63.30.

SZSE:002246's Days Sales Outstanding is ranked worse than
87.16% of 1527 companies
in the Chemicals industry
Industry Median: 64.16 vs SZSE:002246: 115.20

North Chemical Industries Co's Days Sales Outstanding increased from Mar. 2023 (128.03) to Mar. 2024 (185.84).

Warning Sign:

If a company's sales outstanding increases, it means it has difficulty collecting payments from its customers.


North Chemical Industries Co Days Sales Outstanding Historical Data

The historical data trend for North Chemical Industries 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.

North Chemical Industries Co Days Sales Outstanding Chart

North Chemical Industries Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Sales Outstanding
Get a 7-Day Free Trial Premium Member Only Premium Member Only 67.50 44.35 37.72 54.61 91.16

North Chemical Industries 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 128.03 98.55 128.20 94.11 185.84

Competitive Comparison of North Chemical Industries Co's Days Sales Outstanding

For the Chemicals subindustry, North Chemical Industries 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.


North Chemical Industries Co's Days Sales Outstanding Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, North Chemical Industries Co's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where North Chemical Industries Co's Days Sales Outstanding falls into.



North Chemical Industries 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.

North Chemical Industries 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
=( (474.668 + 603.84) / 2 ) / 2159.223*365
=539.254 / 2159.223*365
=91.16

North Chemical Industries 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
=( (603.84 + 605.006) / 2 ) / 296.776*365 / 4
=604.423 / 296.776*365 / 4
=185.84

* 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.


North Chemical Industries Co  (SZSE:002246) Days Sales Outstanding Explanation

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


North Chemical Industries Co Days Sales Outstanding Related Terms

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North Chemical Industries Co (SZSE:002246) Business Description

Traded in Other Exchanges
N/A
Address
No. 209 Sanse Road, 9th Floor, Building 8, Torch Power Port South District, Jinjiang Industrial Park, Sichuan Province, Chengdu, CHN, 610063
North Chemical Industries Co Ltd is engaged in production of cellulose and its derivatives industry, environmental protection equipment and nuclear biochemical protective equipment manufacturing industry, special industrial pump series products environmental protection equipment manufacturing industry. The company engages in production of nitrocellulose and sulfuric acid; sales of hazardous chemicals.
Executives
Liu Li Supervisors
Huang Wan Fu Directors, executives
Song Jia Lin Supervisors

North Chemical Industries Co (SZSE:002246) Headlines

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