Shandong Newjf Technology Packaging Co (SZSE:301296) Days Sales Outstanding : 77.08 (As of Mar. 2024)

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What is Shandong Newjf Technology Packaging Co Days Sales Outstanding?

Shandong Newjf Technology Packaging Co's average Accounts Receivable for the three months ended in Mar. 2024 was ¥369 Mil. Shandong Newjf Technology Packaging Co's Revenue for the three months ended in Mar. 2024 was ¥437 Mil. Hence, Shandong Newjf Technology Packaging Co's Days Sales Outstanding for the three months ended in Mar. 2024 was 77.08.

The historical rank and industry rank for Shandong Newjf Technology Packaging Co's Days Sales Outstanding or its related term are showing as below:

SZSE:301296' s Days Sales Outstanding Range Over the Past 10 Years
Min: 73.05 Med: 89.04 Max: 110.5
Current: 73.05

During the past 10 years, Shandong Newjf Technology Packaging Co's highest Days Sales Outstanding was 110.50. The lowest was 73.05. And the median was 89.04.

SZSE:301296's Days Sales Outstanding is ranked worse than
56.5% of 377 companies
in the Packaging & Containers industry
Industry Median: 69.1 vs SZSE:301296: 73.05

Shandong Newjf Technology Packaging Co's Days Sales Outstanding declined from Mar. 2023 (82.63) to Mar. 2024 (77.08).

Shandong Newjf Technology Packaging Co Days Sales Outstanding Historical Data

The historical data trend for Shandong Newjf Technology Packaging 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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Shandong Newjf Technology Packaging Co Days Sales Outstanding Chart

Shandong Newjf Technology Packaging Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

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74.93

78.98

83.93

89.40

88.67

Shandong Newjf Technology Packaging Co Quarterly Data
	Dec15	Dec16	Dec17	Dec18	Dec19	Mar20	Sep20	Dec20	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Days Sales Outstanding	Get a 7-Day Free Trial															82.63	72.13	81.21	66.07	77.08

Competitive Comparison of Shandong Newjf Technology Packaging Co's Days Sales Outstanding

For the Packaging & Containers subindustry, Shandong Newjf Technology Packaging 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.

Shandong Newjf Technology Packaging Co's Days Sales Outstanding Distribution in the Packaging & Containers Industry

For the Packaging & Containers industry and Consumer Cyclical sector, Shandong Newjf Technology Packaging Co's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where Shandong Newjf Technology Packaging Co's Days Sales Outstanding falls into.

Shandong Newjf Technology Packaging 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.

Shandong Newjf Technology Packaging 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
=	( (436.76	+	407.399)	/	2 )	/	1737.389	*	365
=	422.0795					/	1737.389	*	365
=	88.67

Shandong Newjf Technology Packaging 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
=	( (407.399	+	331.191)	/	2 )	/	437.161	*	365 / 4
=	369.295					/	437.161	*	365 / 4
=	77.08

Shandong Newjf Technology Packaging Co (SZSE:301296) Days Sales Outstanding Explanation

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

Shandong Newjf Technology Packaging Co Days Sales Outstanding Related Terms

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Shandong Newjf Technology Packaging Co (SZSE:301296) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Packaging & Containers » Shandong Newjf Technology Packaging Co Ltd (SZSE:301296) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

N/A

Address

Development Zone, Xiaoxie Town, Shandong Province, Xintai, CHN, 271221

Website

http://www.xinjufengpack.com

Shandong Xinjufeng Technology Packaging Co Ltd is engaged in the in the production of aseptic packaging materials for liquid food. Its business scope involves the research and development, production, sales of aseptic packaging materials and technical support for aseptic packaging equipment.

Shandong Newjf Technology Packaging Co (SZSE:301296) Headlines

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