Zhejiang Jingsheng Mechanical and Electrical Co (SZSE:300316) Days Sales Outstanding : 52.38 (As of Mar. 2024)

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What is Zhejiang Jingsheng Mechanical and Electrical Co Days Sales Outstanding?

Zhejiang Jingsheng Mechanical and Electrical Co's average Accounts Receivable for the three months ended in Mar. 2024 was ¥2,589 Mil. Zhejiang Jingsheng Mechanical and Electrical Co's Revenue for the three months ended in Mar. 2024 was ¥4,510 Mil. Hence, Zhejiang Jingsheng Mechanical and Electrical Co's Days Sales Outstanding for the three months ended in Mar. 2024 was 52.38.

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

SZSE:300316' s Days Sales Outstanding Range Over the Past 10 Years
Min: 48.98 Med: 111.99 Max: 196.98
Current: 49.17

During the past 13 years, Zhejiang Jingsheng Mechanical and Electrical Co's highest Days Sales Outstanding was 196.98. The lowest was 48.98. And the median was 111.99.

SZSE:300316's Days Sales Outstanding is ranked better than
68.09% of 981 companies
in the Semiconductors industry
Industry Median: 62.65 vs SZSE:300316: 49.17

Zhejiang Jingsheng Mechanical and Electrical Co's Days Sales Outstanding declined from Mar. 2023 (63.81) to Mar. 2024 (52.38).

Zhejiang Jingsheng Mechanical and Electrical Co Days Sales Outstanding Historical Data

The historical data trend for Zhejiang Jingsheng Mechanical and Electrical 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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Zhejiang Jingsheng Mechanical and Electrical Co Days Sales Outstanding Chart

Zhejiang Jingsheng Mechanical and Electrical Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

Get a 7-Day Free Trial

105.16

111.22

95.10

72.11

48.98

Zhejiang Jingsheng Mechanical and Electrical 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															63.81	49.87	45.60	46.26	52.38

Competitive Comparison of Zhejiang Jingsheng Mechanical and Electrical Co's Days Sales Outstanding

For the Semiconductor Equipment & Materials subindustry, Zhejiang Jingsheng Mechanical and Electrical 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.

Zhejiang Jingsheng Mechanical and Electrical Co's Days Sales Outstanding Distribution in the Semiconductors Industry

For the Semiconductors industry and Technology sector, Zhejiang Jingsheng Mechanical and Electrical Co's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where Zhejiang Jingsheng Mechanical and Electrical Co's Days Sales Outstanding falls into.

Zhejiang Jingsheng Mechanical and Electrical 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.

Zhejiang Jingsheng Mechanical and Electrical 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
=	( (2537.778	+	2289.029)	/	2 )	/	17983.186	*	365
=	2413.4035					/	17983.186	*	365
=	48.98

Zhejiang Jingsheng Mechanical and Electrical 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
=	( (2289.029	+	2888.453)	/	2 )	/	4509.536	*	365 / 4
=	2588.741					/	4509.536	*	365 / 4
=	52.38

Zhejiang Jingsheng Mechanical and Electrical Co (SZSE:300316) Days Sales Outstanding Explanation

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

Zhejiang Jingsheng Mechanical and Electrical Co Days Sales Outstanding Related Terms

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Zhejiang Jingsheng Mechanical and Electrical Co (SZSE:300316) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » Zhejiang Jingsheng Mechanical and Electrical Co Ltd (SZSE:300316) » Definitions » Days Sales Outstanding

Traded in Other Exchanges

N/A

Address

No.218 West Tongjiang Road, Economic Development Zone, Zhejiang Province, Shangyu District, Shaoxing, CHN, 312300

Website

http://www.jsjd.cc

Zhejiang Jingsheng Mechanical and Electrical Co Ltd is a China-based company engaged in the equipment research and development, manufacturing and marketing for semiconductor and photovoltaic material industry. Its products include automatic CZ crystalline growing furnace, and others, which are applied in semiconductor, PV field, IGBT power device, LED photoelectron and sapphire window material, and other areas. The company supplies and provides equipment and sapphire crystal material of semiconductor silicon material, PV silicon material LED detection and lighting and others.

Executives

Lu Xiao Wen	Directors, executives
Tao Huan Jun	Securities Affairs Representative
Zhang Jun	Executives
Fu Lin Jian	Executives
Zhu Liang	Directors, executives
Shi Gang	Executives
Cao Jian Wei	Directors, executives
Wang Qiu Chao	Independent director
Qiu Min Xiu	Director
Shen Bo Wei	Supervisors
Li Shi Lun	Director
Mao Quan Lin	Directors, executives

Zhejiang Jingsheng Mechanical and Electrical Co (SZSE:300316) Headlines

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