Zhejiang Dingli Machinery Co (SHSE:603338) Days Sales Outstanding : 166.34 (As of Mar. 2024)

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What is Zhejiang Dingli Machinery Co Days Sales Outstanding?

Zhejiang Dingli Machinery Co's average Accounts Receivable for the three months ended in Mar. 2024 was ¥2,647 Mil. Zhejiang Dingli Machinery Co's Revenue for the three months ended in Mar. 2024 was ¥1,452 Mil. Hence, Zhejiang Dingli Machinery Co's Days Sales Outstanding for the three months ended in Mar. 2024 was 166.34.

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

SHSE:603338' s Days Sales Outstanding Range Over the Past 10 Years
Min: 62.97 Med: 85.12 Max: 142.63
Current: 142.63

During the past 13 years, Zhejiang Dingli Machinery Co's highest Days Sales Outstanding was 142.63. The lowest was 62.97. And the median was 85.12.

SHSE:603338's Days Sales Outstanding is ranked worse than
78.95% of 209 companies
in the Farm & Heavy Construction Machinery industry
Industry Median: 73.51 vs SHSE:603338: 142.63

Zhejiang Dingli Machinery Co's Days Sales Outstanding increased from Mar. 2023 (150.92) to Mar. 2024 (166.34).

Zhejiang Dingli Machinery Co Days Sales Outstanding Historical Data

The historical data trend for Zhejiang Dingli Machinery 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 Dingli Machinery Co Days Sales Outstanding Chart

Zhejiang Dingli Machinery Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

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100.73

88.49

83.36

123.40

128.15

Zhejiang Dingli Machinery 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															150.92	122.49	141.24	141.83	166.34

Competitive Comparison of Zhejiang Dingli Machinery Co's Days Sales Outstanding

For the Farm & Heavy Construction Machinery subindustry, Zhejiang Dingli Machinery 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 Dingli Machinery Co's Days Sales Outstanding Distribution in the Farm & Heavy Construction Machinery Industry

For the Farm & Heavy Construction Machinery industry and Industrials sector, Zhejiang Dingli Machinery Co's Days Sales Outstanding distribution charts can be found below:

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

Zhejiang Dingli Machinery 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 Dingli Machinery 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
=	( (2061.592	+	2370.778)	/	2 )	/	6311.964	*	365
=	2216.185					/	6311.964	*	365
=	128.15

Zhejiang Dingli Machinery 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
=	( (2370.778	+	2922.564)	/	2 )	/	1451.856	*	365 / 4
=	2646.671					/	1451.856	*	365 / 4
=	166.34

Zhejiang Dingli Machinery Co (SHSE:603338) 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 Dingli Machinery Co Days Sales Outstanding Related Terms

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Zhejiang Dingli Machinery Co (SHSE:603338) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Farm & Heavy Construction Machinery » Zhejiang Dingli Machinery Co Ltd (SHSE:603338) » Definitions » Days Sales Outstanding

Traded in Other Exchanges

N/A

Address

No.1255, Baiyun South Road, Leidian Town, Deqing, CHN, 313219

Website

http://www.chinadinli.com

Zhejiang Dingli Machinery Co Ltd is engaged in research and development, manufacturing, sales and service of various types of aerial work platforms. The company's main products cover arm, scissor and mast type with self Walking control intelligence, safety and environmental protection, large coverage. Its products are mainly used in aircraft and shipbuilding and maintenance, construction and installation, roads, bridge construction, municipal engineering, storage supermarkets and other fields.

Zhejiang Dingli Machinery Co (SHSE:603338) Headlines

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