Changzhou Xingyu Automotive Lighting Systems Co (SHSE:601799) Days Sales Outstanding : 106.02 (As of Mar. 2024)

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What is Changzhou Xingyu Automotive Lighting Systems Co Days Sales Outstanding?

Changzhou Xingyu Automotive Lighting Systems Co's average Accounts Receivable for the three months ended in Mar. 2024 was ¥2,803 Mil. Changzhou Xingyu Automotive Lighting Systems Co's Revenue for the three months ended in Mar. 2024 was ¥2,412 Mil. Hence, Changzhou Xingyu Automotive Lighting Systems Co's Days Sales Outstanding for the three months ended in Mar. 2024 was 106.02.

The historical rank and industry rank for Changzhou Xingyu Automotive Lighting Systems Co's Days Sales Outstanding or its related term are showing as below:

SHSE:601799' s Days Sales Outstanding Range Over the Past 10 Years
Min: 37.35 Med: 45.33 Max: 79.78
Current: 79.78

During the past 13 years, Changzhou Xingyu Automotive Lighting Systems Co's highest Days Sales Outstanding was 79.78. The lowest was 37.35. And the median was 45.33.

SHSE:601799's Days Sales Outstanding is ranked worse than
71.37% of 1268 companies
in the Vehicles & Parts industry
Industry Median: 60.285 vs SHSE:601799: 79.78

Changzhou Xingyu Automotive Lighting Systems Co's Days Sales Outstanding increased from Mar. 2023 (64.08) to Mar. 2024 (106.02).

Changzhou Xingyu Automotive Lighting Systems Co Days Sales Outstanding Historical Data

The historical data trend for Changzhou Xingyu Automotive Lighting Systems 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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Changzhou Xingyu Automotive Lighting Systems Co Days Sales Outstanding Chart

Changzhou Xingyu Automotive Lighting Systems Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

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44.69

44.16

44.27

52.18

77.78

Changzhou Xingyu Automotive Lighting Systems 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															64.08	64.55	76.76	85.68	106.02

Competitive Comparison of Changzhou Xingyu Automotive Lighting Systems Co's Days Sales Outstanding

For the Auto Parts subindustry, Changzhou Xingyu Automotive Lighting Systems 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.

Changzhou Xingyu Automotive Lighting Systems Co's Days Sales Outstanding Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Changzhou Xingyu Automotive Lighting Systems Co's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where Changzhou Xingyu Automotive Lighting Systems Co's Days Sales Outstanding falls into.

Changzhou Xingyu Automotive Lighting Systems 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.

Changzhou Xingyu Automotive Lighting Systems 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
=	( (1301.863	+	3065.942)	/	2 )	/	10248.446	*	365
=	2183.9025					/	10248.446	*	365
=	77.78

Changzhou Xingyu Automotive Lighting Systems 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
=	( (3065.942	+	2539.799)	/	2 )	/	2412.299	*	365 / 4
=	2802.8705					/	2412.299	*	365 / 4
=	106.02

Changzhou Xingyu Automotive Lighting Systems Co (SHSE:601799) Days Sales Outstanding Explanation

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

Changzhou Xingyu Automotive Lighting Systems Co Days Sales Outstanding Related Terms

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Changzhou Xingyu Automotive Lighting Systems Co (SHSE:601799) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Changzhou Xingyu Automotive Lighting Systems Co Ltd (SHSE:601799) » Definitions » Days Sales Outstanding

Traded in Other Exchanges

N/A

Address

No. 182 Qinling Road, Xinbei District, Jiangsu, Changzhou, CHN, 213022

Website

http://www.en.xyl.cn

Changzhou Xingyu Automotive Lighting Systems Co Ltd specializes in the development, manufacturing, and sale of automotive lighting in China. The company has various type of equipment namely large injection molding machines, multicolor injection molding machines, plastic surface photo-curing lines, robot gluing and paining stations, vibration, and friction welding machines, vacuum aluminum plating machines and other.

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