ZK International Group Co (ZK International Group Co) Days Sales Outstanding : 89.20 (As of Mar. 2023)

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What is ZK International Group Co Days Sales Outstanding?

ZK International Group Co's average Accounts Receivable for the six months ended in Mar. 2023 was $24.3 Mil. ZK International Group Co's Revenue for the six months ended in Mar. 2023 was $49.7 Mil. Hence, ZK International Group Co's Days Sales Outstanding for the six months ended in Mar. 2023 was 89.20.

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

ZKIN' s Days Sales Outstanding Range Over the Past 10 Years
Min: 87.03 Med: 154.05 Max: 193.71
Current: 87.03

During the past 8 years, ZK International Group Co's highest Days Sales Outstanding was 193.71. The lowest was 87.03. And the median was 154.05.

ZKIN's Days Sales Outstanding is ranked worse than
83.5% of 600 companies
in the Steel industry
Industry Median: 49.315 vs ZKIN: 87.03

ZK International Group Co's Days Sales Outstanding declined from Mar. 2022 (120.57) to Mar. 2023 (89.20).

ZK International Group Co Days Sales Outstanding Historical Data

The historical data trend for ZK International 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.

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ZK International Group Co Days Sales Outstanding Chart

ZK International Group Co Annual Data

Trend

Sep15

Sep16

Sep17

Sep18

Sep19

Sep20

Sep21

Sep22

Days Sales Outstanding

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160.93

149.26

118.75

107.43

98.90

ZK International Group Co Semi-Annual Data
	Sep15	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23
Days Sales Outstanding	Get a 7-Day Free Trial										123.70	84.33	120.57	88.81	89.20

Competitive Comparison of ZK International Group Co's Days Sales Outstanding

For the Steel subindustry, ZK International 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.

ZK International Group Co's Days Sales Outstanding Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, ZK International Group Co's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where ZK International Group Co's Days Sales Outstanding falls into.

ZK International 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.

ZK International Group Co's Days Sales Outstanding for the fiscal year that ended in Sep. 2022 is calculated as

	Days Sales Outstanding (A: Sep. 2022 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Sep. 2021 )	+	Accounts Receivable (A: Sep. 2022 ))	/	count )	/	Revenue (A: Sep. 2022 )	*	Days in Period
=	( (27.125	+	28.363)	/	2 )	/	102.392	*	365
=	27.744					/	102.392	*	365
=	98.90

ZK International Group Co's Days Sales Outstanding for the quarter that ended in Mar. 2023 is calculated as:

	Days Sales Outstanding (Q: Mar. 2023 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Sep. 2022 )	+	Accounts Receivable (A: Mar. 2023 ))	/	count )	/	Revenue (A: Mar. 2023 )	*	Days in Period
=	( (28.363	+	20.174)	/	2 )	/	49.655	*	365 / 2
=	24.2685					/	49.655	*	365 / 2
=	89.20

ZK International Group Co (NAS:ZKIN) Days Sales Outstanding Explanation

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

ZK International Group Co Days Sales Outstanding Related Terms

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ZK International Group Co (ZK International Group Co) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » ZK International Group Co Ltd (NAS:ZKIN) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

N/A

Address

C/o Zhejiang Zhengkang Industrial Co., Ltd., No. 678 Dingxiang Road, Binhai Industrial Park, Zhejiang Province, Economic and Technology Development Zone, Wenzhou, CHN, 325025

Website

https://www.zkinternationalgroup.com

ZK International Group Co Ltd is engaged in the manufacture and marketing of metal pipes. The company is specialized in producing double-press thin-walled stainless steel tube and fittings, carbon steel tube and fittings, single-press tube and fittings, and stainless-steel strip. The products are used in restaurants, hotel, hospital, firefighting, food, beverage, ship, engine, industrial seawater desalination and systems of direct-drinking water, cold /hot water supply, city water supply, gas of large/middle scale construction projects.