Zotye Automobile Co (SZSE:000980) Days Sales Outstanding : 1,141.32 (As of Mar. 2024)

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What is Zotye Automobile Co Days Sales Outstanding?

Zotye Automobile Co's average Accounts Receivable for the three months ended in Mar. 2024 was ¥1,416.9 Mil. Zotye Automobile Co's Revenue for the three months ended in Mar. 2024 was ¥113.3 Mil. Hence, Zotye Automobile Co's Days Sales Outstanding for the three months ended in Mar. 2024 was 1,141.32.

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

SZSE:000980' s Days Sales Outstanding Range Over the Past 10 Years
Min: 49 Med: 413.25 Max: 1178.3
Current: 786.38

During the past 13 years, Zotye Automobile Co's highest Days Sales Outstanding was 1178.30. The lowest was 49.00. And the median was 413.25.

SZSE:000980's Days Sales Outstanding is ranked worse than
99.21% of 1270 companies
in the Vehicles & Parts industry
Industry Median: 60.34 vs SZSE:000980: 786.38

Zotye Automobile Co's Days Sales Outstanding increased from Mar. 2023 (870.52) to Mar. 2024 (1,141.32).

Zotye Automobile Co Days Sales Outstanding Historical Data

The historical data trend for Zotye Automobile 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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Zotye Automobile Co Days Sales Outstanding Chart

Zotye Automobile Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

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663.65

1,110.65

1,178.30

791.06

745.44

Zotye Automobile 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															870.52	664.63	852.65	661.74	1,141.32

Competitive Comparison of Zotye Automobile Co's Days Sales Outstanding

For the Auto Manufacturers subindustry, Zotye Automobile 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.

Zotye Automobile Co's Days Sales Outstanding Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Zotye Automobile Co's Days Sales Outstanding distribution charts can be found below:

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

Zotye Automobile 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.

Zotye Automobile 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
=	( (1571.867	+	1426.064)	/	2 )	/	733.962	*	365
=	1498.9655					/	733.962	*	365
=	745.44

Zotye Automobile 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
=	( (1426.064	+	1407.834)	/	2 )	/	113.287	*	365 / 4
=	1416.949					/	113.287	*	365 / 4
=	1,141.32

Zotye Automobile Co (SZSE:000980) Days Sales Outstanding Explanation

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

Zotye Automobile Co Days Sales Outstanding Related Terms

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Zotye Automobile Co (SZSE:000980) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Zotye Automobile Co Ltd (SZSE:000980) » Definitions » Days Sales Outstanding

Traded in Other Exchanges

N/A

Address

Yongkang Economic Development Zone, Zhejiang, CHN, 321301

Website

http://www.zotye.com

Zotye Automobile Co Ltd is a China-based auto vehicle manufacturing company. The company is engaged in the business of research and development, manufacturing and sales of complete vehicles as the core business. The company owns automotive brands such as Zotye, Jiangnan, and Junma. The products of the company cover market segments such as cars, SUVs, MPVs, and new energy vehicles. It manufactures and distributes automobile instruments, security doors, and other automobile parts. The organization sells its vehicles in China and also exports it to other international countries.

Executives

Wang Lei	Executives
Xu Zi Jie	Supervisors
Wang Yu Mei	Executives
Fang Mao Jun	Executives
Yang Hai Feng	Secretary Dong
Yan Gen Shui	Directors, executives
Yu Bin	Directors, executives

Zotye Automobile Co (SZSE:000980) Headlines

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