Qingdao Zhongzi Zhongcheng Group Co (SZSE:300208) Days Sales Outstanding : 3,042.37 (As of Mar. 2024)

View and export this data going back to 2011. Start your Free Trial

What is Qingdao Zhongzi Zhongcheng Group Co Days Sales Outstanding?

Qingdao Zhongzi Zhongcheng Group Co's average Accounts Receivable for the three months ended in Mar. 2024 was ¥761.4 Mil. Qingdao Zhongzi Zhongcheng Group Co's Revenue for the three months ended in Mar. 2024 was ¥22.8 Mil. Hence, Qingdao Zhongzi Zhongcheng Group Co's Days Sales Outstanding for the three months ended in Mar. 2024 was 3,042.37.

The historical rank and industry rank for Qingdao Zhongzi Zhongcheng Group Co's Days Sales Outstanding or its related term are showing as below:

SZSE:300208' s Days Sales Outstanding Range Over the Past 10 Years
Min: 94.18 Med: 206.07 Max: 909.03
Current: 909.03

During the past 13 years, Qingdao Zhongzi Zhongcheng Group Co's highest Days Sales Outstanding was 909.03. The lowest was 94.18. And the median was 206.07.

SZSE:300208's Days Sales Outstanding is ranked worse than
99.39% of 2957 companies
in the Industrial Products industry
Industry Median: 79.65 vs SZSE:300208: 909.03

Qingdao Zhongzi Zhongcheng Group Co's Days Sales Outstanding increased from Mar. 2023 (467.30) to Mar. 2024 (3,042.37).

Warning Sign:

If a company's sales outstanding increases, it means it has difficulty collecting payments from its customers.

Qingdao Zhongzi Zhongcheng Group Co Days Sales Outstanding Historical Data

The historical data trend for Qingdao Zhongzi Zhongcheng Group 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.

Qingdao Zhongzi Zhongcheng Group Co Days Sales Outstanding Chart

Qingdao Zhongzi Zhongcheng Group Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

Get a 7-Day Free Trial

385.64

865.76

103.25

203.30

544.28

Qingdao Zhongzi Zhongcheng Group 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															467.30	383.03	2,166.13	1,088.06	3,042.37

Competitive Comparison of Qingdao Zhongzi Zhongcheng Group Co's Days Sales Outstanding

For the Electrical Equipment & Parts subindustry, Qingdao Zhongzi Zhongcheng Group 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.

Qingdao Zhongzi Zhongcheng Group Co's Days Sales Outstanding Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Qingdao Zhongzi Zhongcheng Group Co's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where Qingdao Zhongzi Zhongcheng Group Co's Days Sales Outstanding falls into.

Qingdao Zhongzi Zhongcheng Group 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.

Qingdao Zhongzi Zhongcheng Group 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
=	( (498.58	+	870.243)	/	2 )	/	458.97	*	365
=	684.4115					/	458.97	*	365
=	544.28

Qingdao Zhongzi Zhongcheng Group 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
=	( (870.243	+	652.64)	/	2 )	/	22.838	*	365 / 4
=	761.4415					/	22.838	*	365 / 4
=	3,042.37

Qingdao Zhongzi Zhongcheng Group Co (SZSE:300208) Days Sales Outstanding Explanation

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

Qingdao Zhongzi Zhongcheng Group Co Days Sales Outstanding Related Terms

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

Qingdao Zhongzi Zhongcheng Group Co (SZSE:300208) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Qingdao Zhongzi Zhongcheng Group Co Ltd (SZSE:300208) » Definitions » Days Sales Outstanding

Traded in Other Exchanges

N/A

Address

Chengyang Airport Industrial Park, Qingdao City, CHN, 266108

Website

http://www.qdhsec.com

Qingdao Zhongzi Zhongcheng Group Co Ltd is mainly engaged in green power grids construction, electric power and new energy development, overseas mineral operation, industrial parks development, virtual reality and Internet technology research and development applications and financial investment holding businesses.

Executives

Jia Xiao Yu	Directors, executives
Mo Bai Xin	Secretary Dong
Chen Zhang	Supervisors
Jia Yu Lan	Director
Sun Jian Qiang	Independent director
Xu Mao Shun	Independent director
Wang Tian Wen	Independent director
Yao Gang	Independent director
Jia Quan Chen	Directors, executives
Ying Ming	Supervisors
Chen Xiao Qiang	Directors, executives
Zhang Pei Rong	Supervisors
Fu Da Zhi	Executives
Liu Tao	Executives
Zhang Zhen Bo	Executives

Qingdao Zhongzi Zhongcheng Group Co (SZSE:300208) Headlines

No Headlines