Zhongjie (Jiangsu) Technology Co (SZSE:301072) Days Sales Outstanding : 107.26 (As of Mar. 2024)

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What is Zhongjie (Jiangsu) Technology Co Days Sales Outstanding?

Zhongjie (Jiangsu) Technology Co's average Accounts Receivable for the three months ended in Mar. 2024 was ¥199.6 Mil. Zhongjie (Jiangsu) Technology Co's Revenue for the three months ended in Mar. 2024 was ¥169.8 Mil. Hence, Zhongjie (Jiangsu) Technology Co's Days Sales Outstanding for the three months ended in Mar. 2024 was 107.26.

The historical rank and industry rank for Zhongjie (Jiangsu) Technology Co's Days Sales Outstanding or its related term are showing as below:

SZSE:301072' s Days Sales Outstanding Range Over the Past 10 Years
Min: 97.87 Med: 105.26 Max: 110.43
Current: 97.87

During the past 7 years, Zhongjie (Jiangsu) Technology Co's highest Days Sales Outstanding was 110.43. The lowest was 97.87. And the median was 105.26.

SZSE:301072's Days Sales Outstanding is ranked worse than
84.54% of 1268 companies
in the Vehicles & Parts industry
Industry Median: 60.235 vs SZSE:301072: 97.87

Zhongjie (Jiangsu) Technology Co's Days Sales Outstanding declined from Mar. 2023 (109.36) to Mar. 2024 (107.26).

Zhongjie (Jiangsu) Technology Co Days Sales Outstanding Historical Data

The historical data trend for Zhongjie (Jiangsu) Technology 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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Zhongjie (Jiangsu) Technology Co Days Sales Outstanding Chart

Zhongjie (Jiangsu) Technology Co Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

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104.87

110.43

102.07

105.26

108.56

Zhongjie (Jiangsu) Technology 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															109.36	95.87	91.16	106.38	107.26

Competitive Comparison of Zhongjie (Jiangsu) Technology Co's Days Sales Outstanding

For the Auto Parts subindustry, Zhongjie (Jiangsu) Technology 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.

Zhongjie (Jiangsu) Technology Co's Days Sales Outstanding Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Zhongjie (Jiangsu) Technology Co's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where Zhongjie (Jiangsu) Technology Co's Days Sales Outstanding falls into.

Zhongjie (Jiangsu) Technology 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.

Zhongjie (Jiangsu) Technology 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
=	( (213.667	+	216.947)	/	2 )	/	723.889	*	365
=	215.307					/	723.889	*	365
=	108.56

Zhongjie (Jiangsu) Technology 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
=	( (216.947	+	182.351)	/	2 )	/	169.848	*	365 / 4
=	199.649					/	169.848	*	365 / 4
=	107.26

Zhongjie (Jiangsu) Technology Co (SZSE:301072) Days Sales Outstanding Explanation

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

Zhongjie (Jiangsu) Technology Co Days Sales Outstanding Related Terms

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Zhongjie (Jiangsu) Technology Co (SZSE:301072) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Zhongjie (Jiangsu) Technology Co Ltd (SZSE:301072) » Definitions » Days Sales Outstanding

Traded in Other Exchanges

N/A

Address

Under the port of Donggang Town, Xishan District, Jiangsu Province, Wuxi, CHN, 214199

Website

http://www.jiangsuzhongjie.com

Zhongjie (Jiangsu) Technology Co Ltd is engaged in the research and development, production and sales of automotive precision parts.

Zhongjie (Jiangsu) Technology Co (SZSE:301072) Headlines

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