Shanghai Zijiang Enterprise Group Co (SHSE:600210) Days Sales Outstanding : 96.80 (As of Dec. 2023)

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What is Shanghai Zijiang Enterprise Group Co Days Sales Outstanding?

Shanghai Zijiang Enterprise Group Co's average Accounts Receivable for the three months ended in Dec. 2023 was ¥1,890 Mil. Shanghai Zijiang Enterprise Group Co's Revenue for the three months ended in Dec. 2023 was ¥1,782 Mil. Hence, Shanghai Zijiang Enterprise Group Co's Days Sales Outstanding for the three months ended in Dec. 2023 was 96.80.

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

SHSE:600210' s Days Sales Outstanding Range Over the Past 10 Years
Min: 50.13 Med: 58.85 Max: 78.15
Current: 78.15

During the past 13 years, Shanghai Zijiang Enterprise Group Co's highest Days Sales Outstanding was 78.15. The lowest was 50.13. And the median was 58.85.

SHSE:600210's Days Sales Outstanding is ranked worse than
63.93% of 377 companies
in the Packaging & Containers industry
Industry Median: 69.9 vs SHSE:600210: 78.15

Shanghai Zijiang Enterprise Group Co's Days Sales Outstanding increased from Dec. 2022 (77.03) to Dec. 2023 (96.80).

Shanghai Zijiang Enterprise Group Co Days Sales Outstanding Historical Data

The historical data trend for Shanghai Zijiang Enterprise 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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Shanghai Zijiang Enterprise Group Co Days Sales Outstanding Chart

Shanghai Zijiang Enterprise Group Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

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57.93

62.41

60.07

69.04

71.61

Shanghai Zijiang Enterprise Group Co Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Days Sales Outstanding	Get a 7-Day Free Trial															77.03	78.89	73.69	74.74	96.80

Competitive Comparison of Shanghai Zijiang Enterprise Group Co's Days Sales Outstanding

For the Packaging & Containers subindustry, Shanghai Zijiang Enterprise 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.

Shanghai Zijiang Enterprise Group Co's Days Sales Outstanding Distribution in the Packaging & Containers Industry

For the Packaging & Containers industry and Consumer Cyclical sector, Shanghai Zijiang Enterprise Group Co's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where Shanghai Zijiang Enterprise Group Co's Days Sales Outstanding falls into.

Shanghai Zijiang Enterprise 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.

Shanghai Zijiang Enterprise Group 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
=	( (1935.114	+	1641.463)	/	2 )	/	9115.509	*	365
=	1788.2885					/	9115.509	*	365
=	71.61

Shanghai Zijiang Enterprise Group Co's Days Sales Outstanding for the quarter that ended in Dec. 2023 is calculated as:

	Days Sales Outstanding (Q: Dec. 2023 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Sep. 2023 )	+	Accounts Receivable (A: Dec. 2023 ))	/	count )	/	Revenue (A: Dec. 2023 )	*	Days in Period
=	( (2139.208	+	1641.463)	/	2 )	/	1781.931	*	365 / 4
=	1890.3355					/	1781.931	*	365 / 4
=	96.80

Shanghai Zijiang Enterprise Group Co (SHSE:600210) Days Sales Outstanding Explanation

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

Shanghai Zijiang Enterprise Group Co Days Sales Outstanding Related Terms

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Shanghai Zijiang Enterprise Group Co (SHSE:600210) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Packaging & Containers » Shanghai Zijiang Enterprise Group Co Ltd (SHSE:600210) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 618 Shenfu Road, Xinzhuang Industrial Zone, Shanghai, CHN, 200336

Website

http://www.zijiangqy.com

Shanghai Zijiang Enterprise Group Co Ltd engages in the manufacture of packaging and printing materials as well as real estate in China. Its products include container packaging, caps and labels, crown caps, plastic labels, BOPET film, and CPP film.

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