JinkoSolar Holding Co (JinkoSolar Holding Co) Days Sales Outstanding : 85.08 (As of Mar. 2024)

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What is JinkoSolar Holding Co Days Sales Outstanding?

JinkoSolar Holding Co's average Accounts Receivable for the three months ended in Mar. 2024 was $2,984 Mil. JinkoSolar Holding Co's Revenue for the three months ended in Mar. 2024 was $3,200 Mil. Hence, JinkoSolar Holding Co's Days Sales Outstanding for the three months ended in Mar. 2024 was 85.08.

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

JKS' s Days Sales Outstanding Range Over the Past 10 Years
Min: 53.72 Med: 73.36 Max: 98.59
Current: 67.33

During the past 13 years, JinkoSolar Holding Co's highest Days Sales Outstanding was 98.59. The lowest was 53.72. And the median was 73.36.

JKS's Days Sales Outstanding is ranked better than
54.76% of 977 companies
in the Semiconductors industry
Industry Median: 62.44 vs JKS: 67.33

JinkoSolar Holding Co's Days Sales Outstanding increased from Mar. 2023 (67.88) to Mar. 2024 (85.08).

JinkoSolar Holding Co Days Sales Outstanding Historical Data

The historical data trend for JinkoSolar Holding 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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JinkoSolar Holding Co Days Sales Outstanding Chart

JinkoSolar Holding Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

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73.71

53.72

55.06

54.94

61.79

JinkoSolar Holding 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															67.88	60.14	68.78	67.16	85.08

Competitive Comparison of JinkoSolar Holding Co's Days Sales Outstanding

For the Solar subindustry, JinkoSolar Holding 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.

JinkoSolar Holding Co's Days Sales Outstanding Distribution in the Semiconductors Industry

For the Semiconductors industry and Technology sector, JinkoSolar Holding Co's Days Sales Outstanding distribution charts can be found below:

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

JinkoSolar Holding 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.

JinkoSolar Holding 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
=	( (2411.835	+	3215.413)	/	2 )	/	16621.186	*	365
=	2813.624					/	16621.186	*	365
=	61.79

JinkoSolar Holding 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
=	( (3215.413	+	2751.695)	/	2 )	/	3199.928	*	365 / 4
=	2983.554					/	3199.928	*	365 / 4
=	85.08

JinkoSolar Holding Co (NYSE:JKS) Days Sales Outstanding Explanation

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

JinkoSolar Holding Co Days Sales Outstanding Related Terms

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JinkoSolar Holding Co (JinkoSolar Holding Co) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » JinkoSolar Holding Co Ltd (NYSE:JKS) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

JKS:Mexico 0JOX:UK ZJS1:Germany ZJS1:Germany ZJS1:Germany JKS:Austria

Address

1 Yingbin Road, Shangrao Economic Development Zone, Jiangxi Province, Shangrao, CHN, 334100

Website

https://www.jinkosolar.com/en

JinkoSolar Holding Co Ltd is engaged in the photovoltaic industry. The firm has built a vertically integrated solar power product value chain, manufacturing from silicon wafers to solar modules. It sells solar modules under the JinkoSolar brand. The company's product includes Silicon wafers, Solar cells, and Solar modules. Its geographical segments are China (including Hong Kong and Taiwan), North America, Europe, Asia Pacific (except China, which includes Hong Kong and Taiwan), and the Rest of the world.