Zhejiang Truelove Vogue Co (SZSE:003041) Days Sales Outstanding : 91.18 (As of Mar. 2024)

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What is Zhejiang Truelove Vogue Co Days Sales Outstanding?

Zhejiang Truelove Vogue Co's average Accounts Receivable for the three months ended in Mar. 2024 was ¥159.4 Mil. Zhejiang Truelove Vogue Co's Revenue for the three months ended in Mar. 2024 was ¥159.6 Mil. Hence, Zhejiang Truelove Vogue Co's Days Sales Outstanding for the three months ended in Mar. 2024 was 91.18.

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

SZSE:003041' s Days Sales Outstanding Range Over the Past 10 Years
Min: 25.06 Med: 36.52 Max: 67.35
Current: 67.35

During the past 10 years, Zhejiang Truelove Vogue Co's highest Days Sales Outstanding was 67.35. The lowest was 25.06. And the median was 36.52.

SZSE:003041's Days Sales Outstanding is ranked worse than
64.52% of 1026 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 53.38 vs SZSE:003041: 67.35

Zhejiang Truelove Vogue Co's Days Sales Outstanding increased from Mar. 2023 (82.92) to Mar. 2024 (91.18).

Zhejiang Truelove Vogue Co Days Sales Outstanding Historical Data

The historical data trend for Zhejiang Truelove Vogue 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 Truelove Vogue Co Days Sales Outstanding Chart

Zhejiang Truelove Vogue Co Annual Data

Trend

Dec12

Dec13

Dec14

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

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38.48

37.34

39.45

51.57

60.05

Zhejiang Truelove Vogue Co Quarterly Data
	Dec17	Dec18	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															82.92	69.55	55.78	73.90	91.18

Competitive Comparison of Zhejiang Truelove Vogue Co's Days Sales Outstanding

For the Textile Manufacturing subindustry, Zhejiang Truelove Vogue 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 Truelove Vogue Co's Days Sales Outstanding Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Zhejiang Truelove Vogue Co's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where Zhejiang Truelove Vogue Co's Days Sales Outstanding falls into.

Zhejiang Truelove Vogue 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 Truelove Vogue 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
=	( (160.45	+	153.026)	/	2 )	/	952.683	*	365
=	156.738					/	952.683	*	365
=	60.05

Zhejiang Truelove Vogue 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
=	( (153.026	+	165.873)	/	2 )	/	159.579	*	365 / 4
=	159.4495					/	159.579	*	365 / 4
=	91.18

Zhejiang Truelove Vogue Co (SZSE:003041) 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 Truelove Vogue Co Days Sales Outstanding Related Terms

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Zhejiang Truelove Vogue Co (SZSE:003041) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » Zhejiang Truelove Vogue Co Ltd (SZSE:003041) » Definitions » Days Sales Outstanding

Traded in Other Exchanges

N/A

Address

Jiangdong Street, No.399, Fotang Avenue, Zhejiang Province, Yiwu, CHN, 322000

Website

https://www.zamj.cn

Zhejiang Zhenai Meijia Co Ltd is engaged in the research and development, design, production and sales of home textile. The company offers blankets and kits such as =Raschel blankets, quilts, pillow cores and other household textile products.

Zhejiang Truelove Vogue Co (SZSE:003041) Headlines

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