Changzhou Evergreen Technology Co (SZSE:001324) Days Sales Outstanding : 360.06 (As of Mar. 2024)

View and export this data going back to 2023. Start your Free Trial

What is Changzhou Evergreen Technology Co Days Sales Outstanding?

Changzhou Evergreen Technology Co's average Accounts Receivable for the three months ended in Mar. 2024 was ¥321.9 Mil. Changzhou Evergreen Technology Co's Revenue for the three months ended in Mar. 2024 was ¥81.6 Mil. Hence, Changzhou Evergreen Technology Co's Days Sales Outstanding for the three months ended in Mar. 2024 was 360.06.

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

SZSE:001324' s Days Sales Outstanding Range Over the Past 10 Years
Min: 133.69 Med: 164.82 Max: 216.63
Current: 216.63

During the past 6 years, Changzhou Evergreen Technology Co's highest Days Sales Outstanding was 216.63. The lowest was 133.69. And the median was 164.82.

SZSE:001324's Days Sales Outstanding is ranked worse than
95.97% of 968 companies
in the Transportation industry
Industry Median: 45.775 vs SZSE:001324: 216.63

Changzhou Evergreen Technology Co's Days Sales Outstanding increased from Mar. 2023 (238.69) to Mar. 2024 (360.06).

Warning Sign:

If a company's sales outstanding increases, it means it has difficulty collecting payments from its customers.

Changzhou Evergreen Technology Co Days Sales Outstanding Historical Data

The historical data trend for Changzhou Evergreen Technology 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.

Changzhou Evergreen Technology Co Days Sales Outstanding Chart

Changzhou Evergreen Technology Co Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

Get a 7-Day Free Trial

136.97

133.69

162.56

182.50

201.31

Changzhou Evergreen Technology Co Quarterly Data
	Dec18	Dec19	Dec20	Jun21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Days Sales Outstanding	Get a 7-Day Free Trial									238.69	202.37	166.67	207.20	360.06

Competitive Comparison of Changzhou Evergreen Technology Co's Days Sales Outstanding

For the Railroads subindustry, Changzhou Evergreen Technology 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.

Changzhou Evergreen Technology Co's Days Sales Outstanding Distribution in the Transportation Industry

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

* The bar in red indicates where Changzhou Evergreen Technology Co's Days Sales Outstanding falls into.

Changzhou Evergreen Technology 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.

Changzhou Evergreen Technology 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
=	( (258.812	+	326.066)	/	2 )	/	530.222	*	365
=	292.439					/	530.222	*	365
=	201.31

Changzhou Evergreen Technology 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
=	( (326.066	+	317.822)	/	2 )	/	81.591	*	365 / 4
=	321.944					/	81.591	*	365 / 4
=	360.06

Changzhou Evergreen Technology Co (SZSE:001324) Days Sales Outstanding Explanation

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

Changzhou Evergreen Technology Co Days Sales Outstanding Related Terms

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

Changzhou Evergreen Technology Co (SZSE:001324) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Changzhou Evergreen Technology Co Ltd (SZSE:001324) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 300, Hehai West Road, Xinbei District, Jiangsu, Changzhou, CHN, 213125

Website

https://www.cetrail.com

Changzhou Evergreen Technology Co Ltd is a high-tech enterprise based on the development and application of sandwich composite materials, mainly providing supporting products and integrated solutions for the interior decoration of rail transit vehicles and building interior and exterior decoration. The company has participated in the formulation of many national and industry standards such as aluminum honeycomb panels and stone honeycomb panels, creating Many industry-leading application cases are the leading enterprises in the development and industrial application of sandwich composite materials in China.

Changzhou Evergreen Technology Co (SZSE:001324) Headlines

No Headlines