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Gemac Engineering Machinery Co (SZSE:301048) Days Sales Outstanding : 259.20 (As of Mar. 2024)


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What is Gemac Engineering Machinery Co Days Sales Outstanding?

Gemac Engineering Machinery Co's average Accounts Receivable for the three months ended in Mar. 2024 was ¥1,687 Mil. Gemac Engineering Machinery Co's Revenue for the three months ended in Mar. 2024 was ¥594 Mil. Hence, Gemac Engineering Machinery Co's Days Sales Outstanding for the three months ended in Mar. 2024 was 259.20.

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

SZSE:301048' s Days Sales Outstanding Range Over the Past 10 Years
Min: 108.26   Med: 137.96   Max: 205.88
Current: 205.88

During the past 7 years, Gemac Engineering Machinery Co's highest Days Sales Outstanding was 205.88. The lowest was 108.26. And the median was 137.96.

SZSE:301048's Days Sales Outstanding is ranked worse than
92.22% of 2945 companies
in the Industrial Products industry
Industry Median: 79.82 vs SZSE:301048: 205.88

Gemac Engineering Machinery Co's Days Sales Outstanding increased from Mar. 2023 (254.62) to Mar. 2024 (259.20).

Warning Sign:

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


Gemac Engineering Machinery Co Days Sales Outstanding Historical Data

The historical data trend for Gemac Engineering Machinery 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.

Gemac Engineering Machinery Co Days Sales Outstanding Chart

Gemac Engineering Machinery Co Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Sales Outstanding
Get a 7-Day Free Trial 123.66 108.26 117.50 164.98 204.41

Gemac Engineering Machinery Co Quarterly Data
Dec18 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 254.62 212.63 290.09 134.29 259.20

Competitive Comparison of Gemac Engineering Machinery Co's Days Sales Outstanding

For the Specialty Industrial Machinery subindustry, Gemac Engineering Machinery 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.


Gemac Engineering Machinery Co's Days Sales Outstanding Distribution in the Industrial Products Industry

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

* The bar in red indicates where Gemac Engineering Machinery Co's Days Sales Outstanding falls into.



Gemac Engineering Machinery 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.

Gemac Engineering Machinery 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
=( (1759.673 + 1666.242) / 2 ) / 3058.667*365
=1712.9575 / 3058.667*365
=204.41

Gemac Engineering Machinery 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
=( (1666.242 + 1708.352) / 2 ) / 593.995*365 / 4
=1687.297 / 593.995*365 / 4
=259.20

* 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.


Gemac Engineering Machinery Co  (SZSE:301048) Days Sales Outstanding Explanation

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


Gemac Engineering Machinery Co Days Sales Outstanding Related Terms

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Gemac Engineering Machinery Co (SZSE:301048) Business Description

Traded in Other Exchanges
N/A
Address
No. 1, Xinming Road, High-tech Zone, Hubei Province, Xiangyang, CHN, 441004
Gemac Engineering Machinery Co Ltd is engaged in the research an development, production, sales and maintenance of rail engineering equipment products.

Gemac Engineering Machinery Co (SZSE:301048) Headlines

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