A-Zenith Home Furnishings Co (SHSE:603389) Days Sales Outstanding : 61.93 (As of Mar. 2024)

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What is A-Zenith Home Furnishings Co Days Sales Outstanding?

A-Zenith Home Furnishings Co's average Accounts Receivable for the three months ended in Mar. 2024 was ¥21.8 Mil. A-Zenith Home Furnishings Co's Revenue for the three months ended in Mar. 2024 was ¥32.1 Mil. Hence, A-Zenith Home Furnishings Co's Days Sales Outstanding for the three months ended in Mar. 2024 was 61.93.

The historical rank and industry rank for A-Zenith Home Furnishings Co's Days Sales Outstanding or its related term are showing as below:

SHSE:603389' s Days Sales Outstanding Range Over the Past 10 Years
Min: 16.8 Med: 24.32 Max: 52.38
Current: 52.38

During the past 13 years, A-Zenith Home Furnishings Co's highest Days Sales Outstanding was 52.38. The lowest was 16.80. And the median was 24.32.

SHSE:603389's Days Sales Outstanding is ranked better than
51.18% of 422 companies
in the Furnishings, Fixtures & Appliances industry
Industry Median: 53.19 vs SHSE:603389: 52.38

A-Zenith Home Furnishings Co's Days Sales Outstanding increased from Mar. 2023 (59.78) to Mar. 2024 (61.93).

A-Zenith Home Furnishings Co Days Sales Outstanding Historical Data

The historical data trend for A-Zenith Home Furnishings 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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A-Zenith Home Furnishings Co Days Sales Outstanding Chart

A-Zenith Home Furnishings Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

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22.02

27.94

38.90

46.75

51.39

A-Zenith Home Furnishings 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															59.78	44.86	61.58	51.11	61.93

Competitive Comparison of A-Zenith Home Furnishings Co's Days Sales Outstanding

For the Furnishings, Fixtures & Appliances subindustry, A-Zenith Home Furnishings 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.

A-Zenith Home Furnishings Co's Days Sales Outstanding Distribution in the Furnishings, Fixtures & Appliances Industry

For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, A-Zenith Home Furnishings Co's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where A-Zenith Home Furnishings Co's Days Sales Outstanding falls into.

A-Zenith Home Furnishings 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.

A-Zenith Home Furnishings 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
=	( (31.708	+	24.122)	/	2 )	/	198.255	*	365
=	27.915					/	198.255	*	365
=	51.39

A-Zenith Home Furnishings 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
=	( (24.122	+	19.414)	/	2 )	/	32.072	*	365 / 4
=	21.768					/	32.072	*	365 / 4
=	61.93

A-Zenith Home Furnishings Co (SHSE:603389) Days Sales Outstanding Explanation

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

A-Zenith Home Furnishings Co Days Sales Outstanding Related Terms

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A-Zenith Home Furnishings Co (SHSE:603389) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Furnishings, Fixtures & Appliances » A-Zenith Home Furnishings Co Ltd (SHSE:603389) » Definitions » Days Sales Outstanding

Traded in Other Exchanges

N/A

Address

1865 Hutai Road, Jiangsu Province, Shanghai, CHN, 226400

Website

http://www.az.com.cn

A-Zenith Home Furnishings Co Ltd is engaged in designing, manufacturing and selling of furniture. Its products include bedroom furniture, study furniture, restaurant furniture, and parlor furniture.

A-Zenith Home Furnishings Co (SHSE:603389) Headlines

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