Tibet GaoZheng Explosive Co (SZSE:002827) Days Sales Outstanding : 162.47 (As of Jun. 2024)

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What is Tibet GaoZheng Explosive Co Days Sales Outstanding?

Tibet GaoZheng Explosive Co's average Accounts Receivable for the three months ended in Jun. 2024 was ¥828 Mil. Tibet GaoZheng Explosive Co's Revenue for the three months ended in Jun. 2024 was ¥465 Mil. Hence, Tibet GaoZheng Explosive Co's Days Sales Outstanding for the three months ended in Jun. 2024 was 162.47.

The historical rank and industry rank for Tibet GaoZheng Explosive Co's Days Sales Outstanding or its related term are showing as below:

SZSE:002827' s Days Sales Outstanding Range Over the Past 10 Years
Min: 16.45 Med: 77.73 Max: 176.43
Current: 176.43

During the past 12 years, Tibet GaoZheng Explosive Co's highest Days Sales Outstanding was 176.43. The lowest was 16.45. And the median was 77.73.

SZSE:002827's Days Sales Outstanding is ranked worse than
95.34% of 1525 companies
in the Chemicals industry
Industry Median: 64.79 vs SZSE:002827: 176.43

Tibet GaoZheng Explosive Co's Days Sales Outstanding increased from Jun. 2023 (131.14) to Jun. 2024 (162.47).

Tibet GaoZheng Explosive Co Days Sales Outstanding Historical Data

The historical data trend for Tibet GaoZheng Explosive 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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Tibet GaoZheng Explosive Co Days Sales Outstanding Chart

Tibet GaoZheng Explosive Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

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125.13

109.37

122.21

143.48

153.73

Tibet GaoZheng Explosive Co Quarterly Data
	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24
Days Sales Outstanding	Get a 7-Day Free Trial															131.14	136.27	172.92	271.18	162.47

Competitive Comparison of Tibet GaoZheng Explosive Co's Days Sales Outstanding

For the Specialty Chemicals subindustry, Tibet GaoZheng Explosive 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.

Tibet GaoZheng Explosive Co's Days Sales Outstanding Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Tibet GaoZheng Explosive Co's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where Tibet GaoZheng Explosive Co's Days Sales Outstanding falls into.

Tibet GaoZheng Explosive 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.

Tibet GaoZheng Explosive 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
=	( (522.064	+	785.771)	/	2 )	/	1552.623	*	365
=	653.9175					/	1552.623	*	365
=	153.73

Tibet GaoZheng Explosive Co's Days Sales Outstanding for the quarter that ended in Jun. 2024 is calculated as:

	Days Sales Outstanding (Q: Jun. 2024 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Mar. 2024 )	+	Accounts Receivable (A: Jun. 2024 ))	/	count )	/	Revenue (A: Jun. 2024 )	*	Days in Period
=	( (754.926	+	900.372)	/	2 )	/	464.837	*	365 / 4
=	827.649					/	464.837	*	365 / 4
=	162.47

Tibet GaoZheng Explosive Co (SZSE:002827) Days Sales Outstanding Explanation

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

Tibet GaoZheng Explosive Co Days Sales Outstanding Related Terms

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Tibet GaoZheng Explosive Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Tibet GaoZheng Explosive Co Ltd (SZSE:002827) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 18, Linqiongang Road, Area A, Lhasa Economic and Technological Development Zone, Tibet Autonomous Region, Lhasa, CHN, 850000

Website

http://www.xzmbgf.com

Tibet GaoZheng Explosive Co Ltd is a civil explosive enterprise based in China. The main business scope is the production, sale, storage and transportation of civil explosives such as industrial explosives, industrial detonators and industrial cables through its own marketing network. In addition, the company is also engaged in the construction of soil rock blasting works, construction of non-coal mine blasting works and demolition safety assessment.

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