Zhejiang Power New Energy Co (SHSE:688184) Days Sales Outstanding : 55.96 (As of Mar. 2024)

View and export this data going back to 2022. Start your Free Trial

What is Zhejiang Power New Energy Co Days Sales Outstanding?

Zhejiang Power New Energy Co's average Accounts Receivable for the three months ended in Mar. 2024 was ¥241 Mil. Zhejiang Power New Energy Co's Revenue for the three months ended in Mar. 2024 was ¥394 Mil. Hence, Zhejiang Power New Energy Co's Days Sales Outstanding for the three months ended in Mar. 2024 was 55.96.

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

SHSE:688184' s Days Sales Outstanding Range Over the Past 10 Years
Min: 18 Med: 51.9 Max: 76.04
Current: 62.55

During the past 6 years, Zhejiang Power New Energy Co's highest Days Sales Outstanding was 76.04. The lowest was 18.00. And the median was 51.90.

SHSE:688184's Days Sales Outstanding is ranked better than
52.26% of 1525 companies
in the Chemicals industry
Industry Median: 64.12 vs SHSE:688184: 62.55

Zhejiang Power New Energy Co's Days Sales Outstanding declined from Mar. 2023 (56.21) to Mar. 2024 (55.96).

Zhejiang Power New Energy Co Days Sales Outstanding Historical Data

The historical data trend for Zhejiang Power New Energy 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.

* Premium members only.

Zhejiang Power New Energy Co Days Sales Outstanding Chart

Zhejiang Power New Energy Co Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

Get a 7-Day Free Trial

75.07

62.47

41.33

18.00

33.07

Zhejiang Power New Energy Co Quarterly Data
	Dec18	Dec19	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Days Sales Outstanding	Get a 7-Day Free Trial												56.21	92.48	62.20	39.38	55.96

Competitive Comparison of Zhejiang Power New Energy Co's Days Sales Outstanding

For the Chemicals subindustry, Zhejiang Power New Energy 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 Power New Energy Co's Days Sales Outstanding Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Zhejiang Power New Energy Co's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where Zhejiang Power New Energy Co's Days Sales Outstanding falls into.

Zhejiang Power New Energy 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 Power New Energy 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
=	( (77.202	+	135.075)	/	2 )	/	1171.613	*	365
=	106.1385					/	1171.613	*	365
=	33.07

Zhejiang Power New Energy 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
=	( (135.075	+	347.678)	/	2 )	/	393.598	*	365 / 4
=	241.3765					/	393.598	*	365 / 4
=	55.96

Zhejiang Power New Energy Co (SHSE:688184) 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 Power New Energy Co Days Sales Outstanding Related Terms

Thank you for viewing the detailed overview of Zhejiang Power New Energy Co's Days Sales Outstanding provided by GuruFocus.com. Please click on the following links to see related term pages.

Zhejiang Power New Energy Co (SHSE:688184) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Zhejiang Power New Energy Co Ltd (SHSE:688184) » Definitions » Days Sales Outstanding

Traded in Other Exchanges

N/A

Address

No. 92, Hongcheng Road, Taozhu Street, Zhejiang Province, Zhuji, CHN, 311800

Website

http://www.zhujipower.com

Zhejiang Power New Energy Co Ltd is engaged in the research and development, production and sales of ternary cathode material precursors for lithium-ion batteries.

Zhejiang Power New Energy Co (SHSE:688184) Headlines

No Headlines