Runjian Co (SZSE:002929) Days Sales Outstanding : 241.16 (As of Mar. 2024)

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What is Runjian Co Days Sales Outstanding?

Runjian Co's average Accounts Receivable for the three months ended in Mar. 2024 was ¥5,652 Mil. Runjian Co's Revenue for the three months ended in Mar. 2024 was ¥2,139 Mil. Hence, Runjian Co's Days Sales Outstanding for the three months ended in Mar. 2024 was 241.16.

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

SZSE:002929' s Days Sales Outstanding Range Over the Past 10 Years
Min: 80.53 Med: 121.97 Max: 253.25
Current: 253.25

During the past 11 years, Runjian Co's highest Days Sales Outstanding was 253.25. The lowest was 80.53. And the median was 121.97.

SZSE:002929's Days Sales Outstanding is ranked worse than
98.13% of 375 companies
in the Telecommunication Services industry
Industry Median: 56.53 vs SZSE:002929: 253.25

Runjian Co's Days Sales Outstanding increased from Mar. 2023 (192.33) to Mar. 2024 (241.16).

Warning Sign:

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

Runjian Co Days Sales Outstanding Historical Data

The historical data trend for Runjian 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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Runjian Co Days Sales Outstanding Chart

Runjian Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

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124.53

104.23

119.40

165.32

202.47

Runjian 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															192.33	233.25	285.62	272.94	241.16

Competitive Comparison of Runjian Co's Days Sales Outstanding

For the Telecom Services subindustry, Runjian 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.

Runjian Co's Days Sales Outstanding Distribution in the Telecommunication Services Industry

For the Telecommunication Services industry and Communication Services sector, Runjian Co's Days Sales Outstanding distribution charts can be found below:

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

Runjian 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.

Runjian 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
=	( (4398.897	+	5392.897)	/	2 )	/	8825.815	*	365
=	4895.897					/	8825.815	*	365
=	202.47

Runjian 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
=	( (5392.897	+	5911.017)	/	2 )	/	2138.566	*	365 / 4
=	5651.957					/	2138.566	*	365 / 4
=	241.16

Runjian Co (SZSE:002929) Days Sales Outstanding Explanation

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

Runjian Co Days Sales Outstanding Related Terms

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Runjian Co (SZSE:002929) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Telecommunication Services » Runjian Co Ltd (SZSE:002929) » Definitions » Days Sales Outstanding

Traded in Other Exchanges

N/A

Address

No. 138, Gaopu Road, National Science and Technology Park, Floor 3-5, East Block, Jinghua Information Building, Tianhe District, Guangzhou, CHN

Website

http://www.rjtx.net

Runjian Co Ltd is a high-tech enterprise engaged in information services and system solutions. It is an integrated information technology service provider in China.

Executives

Liang Ji	Director
Xu Wen Jie	Directors, executives
Li Jian Guo	Director
Tang Min	Supervisors

Runjian Co (SZSE:002929) Headlines

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