Zhejiang Xiantong Rubber & Plastic Co (SHSE:603239) Days Sales Outstanding : 121.66 (As of Mar. 2024)

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What is Zhejiang Xiantong Rubber & Plastic Co Days Sales Outstanding?

Zhejiang Xiantong Rubber & Plastic Co's average Accounts Receivable for the three months ended in Mar. 2024 was ¥359 Mil. Zhejiang Xiantong Rubber & Plastic Co's Revenue for the three months ended in Mar. 2024 was ¥270 Mil. Hence, Zhejiang Xiantong Rubber & Plastic Co's Days Sales Outstanding for the three months ended in Mar. 2024 was 121.66.

The historical rank and industry rank for Zhejiang Xiantong Rubber & Plastic Co's Days Sales Outstanding or its related term are showing as below:

SHSE:603239' s Days Sales Outstanding Range Over the Past 10 Years
Min: 95.53 Med: 115.16 Max: 134.11
Current: 106.79

During the past 13 years, Zhejiang Xiantong Rubber & Plastic Co's highest Days Sales Outstanding was 134.11. The lowest was 95.53. And the median was 115.16.

SHSE:603239's Days Sales Outstanding is ranked worse than
88.11% of 1270 companies
in the Vehicles & Parts industry
Industry Median: 60.165 vs SHSE:603239: 106.79

Zhejiang Xiantong Rubber & Plastic Co's Days Sales Outstanding declined from Mar. 2023 (125.44) to Mar. 2024 (121.66).

Zhejiang Xiantong Rubber & Plastic Co Days Sales Outstanding Historical Data

The historical data trend for Zhejiang Xiantong Rubber & Plastic 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 Xiantong Rubber & Plastic Co Days Sales Outstanding Chart

Zhejiang Xiantong Rubber & Plastic Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

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116.39

134.11

113.92

119.15

126.29

Zhejiang Xiantong Rubber & Plastic 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															125.44	114.02	104.37	99.09	121.66

Competitive Comparison of Zhejiang Xiantong Rubber & Plastic Co's Days Sales Outstanding

For the Auto Parts subindustry, Zhejiang Xiantong Rubber & Plastic 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 Xiantong Rubber & Plastic Co's Days Sales Outstanding Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Zhejiang Xiantong Rubber & Plastic Co's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where Zhejiang Xiantong Rubber & Plastic Co's Days Sales Outstanding falls into.

Zhejiang Xiantong Rubber & Plastic 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 Xiantong Rubber & Plastic 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
=	( (344.772	+	392.744)	/	2 )	/	1065.756	*	365
=	368.758					/	1065.756	*	365
=	126.29

Zhejiang Xiantong Rubber & Plastic 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
=	( (392.744	+	326.017)	/	2 )	/	269.55	*	365 / 4
=	359.3805					/	269.55	*	365 / 4
=	121.66

Zhejiang Xiantong Rubber & Plastic Co (SHSE:603239) 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 Xiantong Rubber & Plastic Co Days Sales Outstanding Related Terms

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Zhejiang Xiantong Rubber & Plastic Co (SHSE:603239) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Zhejiang Xiantong Rubber & Plastic Co Ltd (SHSE:603239) » Definitions » Days Sales Outstanding

Traded in Other Exchanges

N/A

Address

Modern Industrial Gathering District, Zhejiang Province, Xianju County, Taizhou, CHN, 317306

Website

http://www.zjxiantong.com

Zhejiang Xiantong Rubber & Plastic Co Ltd is an automotive parts manufacturer. Its products comprise of vehicular seals, decorative and other automotive parts.

Executives

Li Qi Fu	Director
Jin Gui Yun	Director
Shao Xue Jun	Director

Zhejiang Xiantong Rubber & Plastic Co (SHSE:603239) Headlines

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