Ginlong Technologies Co (SZSE:300763) Days Sales Outstanding : 70.09 (As of Mar. 2024)

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What is Ginlong Technologies Co Days Sales Outstanding?

Ginlong Technologies Co's average Accounts Receivable for the three months ended in Mar. 2024 was ¥1,073 Mil. Ginlong Technologies Co's Revenue for the three months ended in Mar. 2024 was ¥1,397 Mil. Hence, Ginlong Technologies Co's Days Sales Outstanding for the three months ended in Mar. 2024 was 70.09.

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

SZSE:300763' s Days Sales Outstanding Range Over the Past 10 Years
Min: 43.65 Med: 61.32 Max: 98.52
Current: 68.37

During the past 11 years, Ginlong Technologies Co's highest Days Sales Outstanding was 98.52. The lowest was 43.65. And the median was 61.32.

SZSE:300763's Days Sales Outstanding is ranked better than
62.37% of 2958 companies
in the Industrial Products industry
Industry Median: 79.805 vs SZSE:300763: 68.37

Ginlong Technologies Co's Days Sales Outstanding increased from Mar. 2023 (60.76) to Mar. 2024 (70.09).

Ginlong Technologies Co Days Sales Outstanding Historical Data

The historical data trend for Ginlong Technologies 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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Ginlong Technologies Co Days Sales Outstanding Chart

Ginlong Technologies Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

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78.11

48.41

43.65

47.57

59.49

Ginlong Technologies 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															60.76	66.55	71.42	60.47	70.09

Competitive Comparison of Ginlong Technologies Co's Days Sales Outstanding

For the Electrical Equipment & Parts subindustry, Ginlong Technologies 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.

Ginlong Technologies Co's Days Sales Outstanding Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Ginlong Technologies Co's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where Ginlong Technologies Co's Days Sales Outstanding falls into.

Ginlong Technologies 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.

Ginlong Technologies 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
=	( (1052.733	+	936.068)	/	2 )	/	6100.837	*	365
=	994.4005					/	6100.837	*	365
=	59.49

Ginlong Technologies 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
=	( (936.068	+	1209.918)	/	2 )	/	1396.84	*	365 / 4
=	1072.993					/	1396.84	*	365 / 4
=	70.09

Ginlong Technologies Co (SZSE:300763) Days Sales Outstanding Explanation

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

Ginlong Technologies Co Days Sales Outstanding Related Terms

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Ginlong Technologies Co (SZSE:300763) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Ginlong Technologies Co Ltd (SZSE:300763) » Definitions » Days Sales Outstanding

Traded in Other Exchanges

N/A

Address

No.57, Jintong Road, Binhai Industrial Park, Economic Development Zone, Xiangshan County, Zhejiang Province, Ningbo, CHN, 315712

Website

http://www.ginlong.com

Ginlong Technologies Co Ltd is engaged in production, sales and service of core inverters for distributed photovoltaic power generation systems. The company's PV Inverter include Single Phase Inverter; Three Phase Inverter; 5G Three Phase Inverter; Energy Storage Inverter; and accessories.

Executives

Zhang Chan	Directors, Directors, and Executives
Guo Jun Qiang	Directors, executives
Shi Chen Guang	Director

Ginlong Technologies Co (SZSE:300763) Headlines

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