Xiamen Sunrise Group Co (SZSE:002593) Days Sales Outstanding : 88.49 (As of Mar. 2024)

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What is Xiamen Sunrise Group Co Days Sales Outstanding?

Xiamen Sunrise Group Co's average Accounts Receivable for the three months ended in Mar. 2024 was ¥712 Mil. Xiamen Sunrise Group Co's Revenue for the three months ended in Mar. 2024 was ¥734 Mil. Hence, Xiamen Sunrise Group Co's Days Sales Outstanding for the three months ended in Mar. 2024 was 88.49.

The historical rank and industry rank for Xiamen Sunrise Group Co's Days Sales Outstanding or its related term are showing as below:

SZSE:002593' s Days Sales Outstanding Range Over the Past 10 Years
Min: 63.01 Med: 74.68 Max: 105.34
Current: 72.42

During the past 13 years, Xiamen Sunrise Group Co's highest Days Sales Outstanding was 105.34. The lowest was 63.01. And the median was 74.68.

SZSE:002593's Days Sales Outstanding is ranked worse than
64.17% of 1267 companies
in the Vehicles & Parts industry
Industry Median: 60.13 vs SZSE:002593: 72.42

Xiamen Sunrise Group Co's Days Sales Outstanding increased from Mar. 2023 (77.09) to Mar. 2024 (88.49).

Xiamen Sunrise Group Co Days Sales Outstanding Historical Data

The historical data trend for Xiamen Sunrise Group 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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Xiamen Sunrise Group Co Days Sales Outstanding Chart

Xiamen Sunrise Group Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

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72.52

71.03

66.58

76.83

66.08

Xiamen Sunrise Group 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															77.09	63.06	81.75	66.45	88.49

Competitive Comparison of Xiamen Sunrise Group Co's Days Sales Outstanding

For the Auto Parts subindustry, Xiamen Sunrise Group 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.

Xiamen Sunrise Group Co's Days Sales Outstanding Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Xiamen Sunrise Group Co's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where Xiamen Sunrise Group Co's Days Sales Outstanding falls into.

Xiamen Sunrise Group 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.

Xiamen Sunrise Group 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
=	( (680.303	+	750.138)	/	2 )	/	3950.868	*	365
=	715.2205					/	3950.868	*	365
=	66.08

Xiamen Sunrise Group 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
=	( (750.138	+	674.375)	/	2 )	/	734.49	*	365 / 4
=	712.2565					/	734.49	*	365 / 4
=	88.49

Xiamen Sunrise Group Co (SZSE:002593) Days Sales Outstanding Explanation

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

Xiamen Sunrise Group Co Days Sales Outstanding Related Terms

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Xiamen Sunrise Group Co (SZSE:002593) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Xiamen Sunrise Group Co Ltd (SZSE:002593) » Definitions » Days Sales Outstanding

Traded in Other Exchanges

N/A

Address

No. 30, Xinglin Xingbei Road, Fujian Province, Jimei District, Xiamen, CHN, 361022

Website

http://www.sunrise-ncc.com

Xiamen Sunrise Group Co Ltd is engaged in the research, development, production, and sales of metal products and automotive products. The products of the company include tubeless steel wheels, steel drums, and forged aluminium wheels.

Executives

Wu Xiao Hong	Directors, executives
Wu Zi Wen	Directors, executives
Chen Ming Li	Supervisors
Lan Ri Jin	Supervisors
Wu Zhi Liang	Directors, executives
Zheng Yu Qing	Executives
He Ai Ping	Executives
Huang Xue Cheng	Directors, executives
Zhong Bai An	Directors, executives
Zhang Wen Qing	Supervisors
Wang Yong Dong	Director

Xiamen Sunrise Group Co (SZSE:002593) Headlines

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