Jilin Joinature Polymer Co (SHSE:688716) Days Sales Outstanding : 133.24 (As of Mar. 2024)

View and export this data going back to 2023. Start your Free Trial

What is Jilin Joinature Polymer Co Days Sales Outstanding?

Jilin Joinature Polymer Co's average Accounts Receivable for the three months ended in Mar. 2024 was ¥57.2 Mil. Jilin Joinature Polymer Co's Revenue for the three months ended in Mar. 2024 was ¥39.2 Mil. Hence, Jilin Joinature Polymer Co's Days Sales Outstanding for the three months ended in Mar. 2024 was 133.24.

The historical rank and industry rank for Jilin Joinature Polymer Co's Days Sales Outstanding or its related term are showing as below:

SHSE:688716' s Days Sales Outstanding Range Over the Past 10 Years
Min: 13.99 Med: 48.67 Max: 112.15
Current: 62.36

During the past 9 years, Jilin Joinature Polymer Co's highest Days Sales Outstanding was 112.15. The lowest was 13.99. And the median was 48.67.

SHSE:688716's Days Sales Outstanding is ranked better than
52.46% of 1523 companies
in the Chemicals industry
Industry Median: 63.99 vs SHSE:688716: 62.36

Jilin Joinature Polymer Co's Days Sales Outstanding increased from Mar. 2023 (15.90) to Mar. 2024 (133.24).

Jilin Joinature Polymer Co Days Sales Outstanding Historical Data

The historical data trend for Jilin Joinature Polymer 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.

Jilin Joinature Polymer Co Days Sales Outstanding Chart

Jilin Joinature Polymer Co Annual Data

Trend

Dec13

Dec14

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

Get a 7-Day Free Trial

48.67

30.90

16.35

13.99

43.34

Jilin Joinature Polymer Co Quarterly Data
	Dec13	Dec14	Dec17	Dec18	Jun19	Dec19	Mar20	Jun20	Dec20	Jun21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Days Sales Outstanding	Get a 7-Day Free Trial															15.90	51.70	68.50	37.41	133.24

Competitive Comparison of Jilin Joinature Polymer Co's Days Sales Outstanding

For the Chemicals subindustry, Jilin Joinature Polymer 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.

Jilin Joinature Polymer Co's Days Sales Outstanding Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Jilin Joinature Polymer Co's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where Jilin Joinature Polymer Co's Days Sales Outstanding falls into.

Jilin Joinature Polymer 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.

Jilin Joinature Polymer 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
=	( (10.056	+	59.243)	/	2 )	/	291.837	*	365
=	34.6495					/	291.837	*	365
=	43.34

Jilin Joinature Polymer 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
=	( (59.243	+	55.165)	/	2 )	/	39.176	*	365 / 4
=	57.204					/	39.176	*	365 / 4
=	133.24

Jilin Joinature Polymer Co (SHSE:688716) Days Sales Outstanding Explanation

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

Jilin Joinature Polymer Co Days Sales Outstanding Related Terms

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

Jilin Joinature Polymer Co (SHSE:688716) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Jilin Joinature Polymer Co Ltd (SHSE:688716) » Definitions » Days Sales Outstanding

Traded in Other Exchanges

N/A

Address

No. 1177, Zhongyan Road, Advanced Manufacturing Park, Luyuan Economic Development Zone, Luyuan, Jilin, Changchun, CHN, 130113

Website

https://www.zypeek.cn

Jilin Joinature Polymer Co Ltd is a high-tech enterprise integrating research & development, production and sales of polyetheretherketone (PEEK). The company's main product is PEEK in the form of resin, forming an existing product system of two categories, three grades, and six series with a total of 52 specifications and grades. The company's main products are divided into two categories: pure resin and composite reinforced resin.

Jilin Joinature Polymer Co (SHSE:688716) Headlines

No Headlines