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Shenzhen China Bicycle Co Holding (SZSE:000017) Days Sales Outstanding : 171.41 (As of Mar. 2024)


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What is Shenzhen China Bicycle Co Holding Days Sales Outstanding?

Shenzhen China Bicycle Co Holding's average Accounts Receivable for the three months ended in Mar. 2024 was ¥211.4 Mil. Shenzhen China Bicycle Co Holding's Revenue for the three months ended in Mar. 2024 was ¥112.5 Mil. Hence, Shenzhen China Bicycle Co Holding's Days Sales Outstanding for the three months ended in Mar. 2024 was 171.41.

The historical rank and industry rank for Shenzhen China Bicycle Co Holding's Days Sales Outstanding or its related term are showing as below:

SZSE:000017' s Days Sales Outstanding Range Over the Past 10 Years
Min: 11.92   Med: 100.41   Max: 162.34
Current: 105.88

During the past 13 years, Shenzhen China Bicycle Co Holding's highest Days Sales Outstanding was 162.34. The lowest was 11.92. And the median was 100.41.

SZSE:000017's Days Sales Outstanding is ranked worse than
90.52% of 802 companies
in the Travel & Leisure industry
Industry Median: 29.83 vs SZSE:000017: 105.88

Shenzhen China Bicycle Co Holding's Days Sales Outstanding increased from Mar. 2023 (116.90) to Mar. 2024 (171.41).


Shenzhen China Bicycle Co Holding Days Sales Outstanding Historical Data

The historical data trend for Shenzhen China Bicycle Co Holding'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.

Shenzhen China Bicycle Co Holding Days Sales Outstanding Chart

Shenzhen China Bicycle Co Holding Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Sales Outstanding
Get a 7-Day Free Trial Premium Member Only Premium Member Only 162.34 145.01 112.52 121.84 143.30

Shenzhen China Bicycle Co Holding 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 116.90 92.68 170.14 52.69 171.41

Competitive Comparison of Shenzhen China Bicycle Co Holding's Days Sales Outstanding

For the Leisure subindustry, Shenzhen China Bicycle Co Holding'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.


Shenzhen China Bicycle Co Holding's Days Sales Outstanding Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Shenzhen China Bicycle Co Holding's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where Shenzhen China Bicycle Co Holding's Days Sales Outstanding falls into.



Shenzhen China Bicycle Co Holding 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.

Shenzhen China Bicycle Co Holding'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
=( (250.069 + 196.293) / 2 ) / 568.482*365
=223.181 / 568.482*365
=143.30

Shenzhen China Bicycle Co Holding'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
=( (196.293 + 226.532) / 2 ) / 112.548*365 / 4
=211.4125 / 112.548*365 / 4
=171.41

* 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.


Shenzhen China Bicycle Co Holding  (SZSE:000017) Days Sales Outstanding Explanation

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


Shenzhen China Bicycle Co Holding Days Sales Outstanding Related Terms

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Shenzhen China Bicycle Co Holding (SZSE:000017) Business Description

Traded in Other Exchanges
Address
No.31 Bagua Road, 501 Zhongxin Technology Building, Futian District, Bagualing, Shenzhen, CHN, 518029
Shenzhen China Bicycle Co Holding Ltd is a China-based company engaged in the manufacturing and selling of Bicycles. The company belongs to the machinery manufacture industry and mainly engages in the production and assembly of various bicycles and spare parts, components, parts, mechanical products, sports machinery, fine chemicals, carbon fiber composites material, household electrical appliance, and affiliated components. It operates in two segments: Jewelry Gold Business and Bicycle lithium battery materials & other business.

Shenzhen China Bicycle Co Holding (SZSE:000017) Headlines

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