Jinxi Axle Co (SHSE:600495) Days Sales Outstanding : 87.98 (As of Mar. 2024)

View and export this data going back to 2004. Start your Free Trial

What is Jinxi Axle Co Days Sales Outstanding?

Jinxi Axle Co's average Accounts Receivable for the three months ended in Mar. 2024 was ¥235 Mil. Jinxi Axle Co's Revenue for the three months ended in Mar. 2024 was ¥244 Mil. Hence, Jinxi Axle Co's Days Sales Outstanding for the three months ended in Mar. 2024 was 87.98.

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

SHSE:600495' s Days Sales Outstanding Range Over the Past 10 Years
Min: 56.39 Med: 78.37 Max: 146.78
Current: 78.02

During the past 13 years, Jinxi Axle Co's highest Days Sales Outstanding was 146.78. The lowest was 56.39. And the median was 78.37.

SHSE:600495's Days Sales Outstanding is ranked worse than
80.06% of 968 companies
in the Transportation industry
Industry Median: 45.775 vs SHSE:600495: 78.02

Jinxi Axle Co's Days Sales Outstanding declined from Mar. 2023 (143.81) to Mar. 2024 (87.98).

Jinxi Axle Co Days Sales Outstanding Historical Data

The historical data trend for Jinxi Axle 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.

Jinxi Axle Co Days Sales Outstanding Chart

Jinxi Axle Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

Get a 7-Day Free Trial

71.75

80.22

76.79

79.94

74.05

Jinxi Axle Co Quarterly Data
	Jun19	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															143.81	126.55	73.80	65.81	87.98

Competitive Comparison of Jinxi Axle Co's Days Sales Outstanding

For the Railroads subindustry, Jinxi Axle 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.

Jinxi Axle Co's Days Sales Outstanding Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Jinxi Axle Co's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where Jinxi Axle Co's Days Sales Outstanding falls into.

Jinxi Axle 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.

Jinxi Axle 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
=	( (263.101	+	257.35)	/	2 )	/	1282.738	*	365
=	260.2255					/	1282.738	*	365
=	74.05

Jinxi Axle 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
=	( (257.35	+	213.622)	/	2 )	/	244.235	*	365 / 4
=	235.486					/	244.235	*	365 / 4
=	87.98

Jinxi Axle Co (SHSE:600495) Days Sales Outstanding Explanation

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

Jinxi Axle Co Days Sales Outstanding Related Terms

Thank you for viewing the detailed overview of Jinxi Axle Co's Days Sales Outstanding provided by GuruFocus.com. Please click on the following links to see related term pages.

Jinxi Axle Co (SHSE:600495) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Jinxi Axle Co Ltd (SHSE:600495) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 5 North Lane, Heping North Road, Shanxi, Taiyuan, CHN, 030027

Website

http://www.jinxiaxle.com

Jinxi Axle Co Ltd is a China-based company primarily engaged in rail transit equipment. The company is mainly engaged in the production and sales of railway vehicles, axles, wheelsets, bolster side frames, bogies, and other products. The axle products are used to manufacture railway locomotives, trucks, buses, subways, light rail and other rail vehicles. The company mainly distributes its products in domestic and overseas markets.

Jinxi Axle Co (SHSE:600495) Headlines

No Headlines