United Faith Auto Engineering Co (SZSE:301112) Days Sales Outstanding : 80.97 (As of Mar. 2024)

View and export this data going back to 2022. Start your Free Trial

What is United Faith Auto Engineering Co Days Sales Outstanding?

United Faith Auto Engineering Co's average Accounts Receivable for the three months ended in Mar. 2024 was ¥65.7 Mil. United Faith Auto Engineering Co's Revenue for the three months ended in Mar. 2024 was ¥74.0 Mil. Hence, United Faith Auto Engineering Co's Days Sales Outstanding for the three months ended in Mar. 2024 was 80.97.

The historical rank and industry rank for United Faith Auto Engineering Co's Days Sales Outstanding or its related term are showing as below:

SZSE:301112' s Days Sales Outstanding Range Over the Past 10 Years
Min: 18.99 Med: 24.48 Max: 54.45
Current: 54.45

During the past 7 years, United Faith Auto Engineering Co's highest Days Sales Outstanding was 54.45. The lowest was 18.99. And the median was 24.48.

SZSE:301112's Days Sales Outstanding is ranked better than
57.08% of 1265 companies
in the Vehicles & Parts industry
Industry Median: 60.2 vs SZSE:301112: 54.45

United Faith Auto Engineering Co's Days Sales Outstanding increased from Mar. 2023 (49.42) to Mar. 2024 (80.97).

United Faith Auto Engineering Co Days Sales Outstanding Historical Data

The historical data trend for United Faith Auto Engineering 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.

United Faith Auto Engineering Co Days Sales Outstanding Chart

United Faith Auto Engineering Co Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

Get a 7-Day Free Trial

28.71

21.02

18.99

25.75

43.10

United Faith Auto Engineering Co Quarterly Data
	Dec17	Dec18	Dec19	Mar20	Jun20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Days Sales Outstanding	Get a 7-Day Free Trial														49.42	50.96	48.24	41.04	80.97

Competitive Comparison of United Faith Auto Engineering Co's Days Sales Outstanding

For the Auto Parts subindustry, United Faith Auto Engineering 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.

United Faith Auto Engineering Co's Days Sales Outstanding Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, United Faith Auto Engineering Co's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where United Faith Auto Engineering Co's Days Sales Outstanding falls into.

United Faith Auto Engineering 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.

United Faith Auto Engineering 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
=	( (50.389	+	67.26)	/	2 )	/	498.191	*	365
=	58.8245					/	498.191	*	365
=	43.10

United Faith Auto Engineering 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
=	( (67.26	+	64.068)	/	2 )	/	73.998	*	365 / 4
=	65.664					/	73.998	*	365 / 4
=	80.97

United Faith Auto Engineering Co (SZSE:301112) Days Sales Outstanding Explanation

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

United Faith Auto Engineering Co Days Sales Outstanding Related Terms

Thank you for viewing the detailed overview of United Faith Auto Engineering Co's Days Sales Outstanding provided by GuruFocus.com. Please click on the following links to see related term pages.

United Faith Auto Engineering Co (SZSE:301112) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » United Faith Auto Engineering Co Ltd (SZSE:301112) » Definitions » Days Sales Outstanding

Traded in Other Exchanges

N/A

Address

North side of Checheng Avenue, Auto City, Huadu District, Guangdong Province, Guangzhou, CHN, 510800

Website

http://www.uf.com.cn

United Faith Auto Engineering Co Ltd is engaged in the research and development, Design, manufacturing, assembly and sales of automotive intelligence, automated production lines and complete sets of equipment.

United Faith Auto Engineering Co (SZSE:301112) Headlines

No Headlines