Zhejiangnhua Intelligent Controls Co (SZSE:002050) Days Sales Outstanding : 87.70 (As of Mar. 2024)

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What is Zhejiangnhua Intelligent Controls Co Days Sales Outstanding?

Zhejiangnhua Intelligent Controls Co's average Accounts Receivable for the three months ended in Mar. 2024 was ¥6,189 Mil. Zhejiangnhua Intelligent Controls Co's Revenue for the three months ended in Mar. 2024 was ¥6,440 Mil. Hence, Zhejiangnhua Intelligent Controls Co's Days Sales Outstanding for the three months ended in Mar. 2024 was 87.70.

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

SZSE:002050' s Days Sales Outstanding Range Over the Past 10 Years
Min: 55.81 Med: 61.84 Max: 87.52
Current: 87.52

During the past 13 years, Zhejiangnhua Intelligent Controls Co's highest Days Sales Outstanding was 87.52. The lowest was 55.81. And the median was 61.84.

SZSE:002050's Days Sales Outstanding is ranked worse than
56.93% of 2960 companies
in the Industrial Products industry
Industry Median: 79.93 vs SZSE:002050: 87.52

Zhejiangnhua Intelligent Controls Co's Days Sales Outstanding increased from Mar. 2023 (85.48) to Mar. 2024 (87.70).

Zhejiangnhua Intelligent Controls Co Days Sales Outstanding Historical Data

The historical data trend for Zhejiangnhua Intelligent Controls 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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Zhejiangnhua Intelligent Controls Co Days Sales Outstanding Chart

Zhejiangnhua Intelligent Controls Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

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60.10

63.70

66.89

74.76

81.76

Zhejiangnhua Intelligent Controls 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															85.48	78.58	88.92	97.68	87.70

Competitive Comparison of Zhejiangnhua Intelligent Controls Co's Days Sales Outstanding

For the Specialty Industrial Machinery subindustry, Zhejiangnhua Intelligent Controls 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.

Zhejiangnhua Intelligent Controls Co's Days Sales Outstanding Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Zhejiangnhua Intelligent Controls Co's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where Zhejiangnhua Intelligent Controls Co's Days Sales Outstanding falls into.

Zhejiangnhua Intelligent Controls 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.

Zhejiangnhua Intelligent Controls 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
=	( (5228.117	+	5773.991)	/	2 )	/	24557.802	*	365
=	5501.054					/	24557.802	*	365
=	81.76

Zhejiangnhua Intelligent Controls 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
=	( (5773.991	+	6604.6)	/	2 )	/	6439.559	*	365 / 4
=	6189.2955					/	6439.559	*	365 / 4
=	87.70

Zhejiangnhua Intelligent Controls Co (SZSE:002050) Days Sales Outstanding Explanation

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

Zhejiangnhua Intelligent Controls Co Days Sales Outstanding Related Terms

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Zhejiangnhua Intelligent Controls Co (SZSE:002050) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Zhejiang Sanhua Intelligent Controls Co Ltd (SZSE:002050) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

N/A

Address

Xiali Street, Qixing Street, Xinchang County, Zhejiang Province, Shaoxing, CHN, 312500

Website

http://www.zjshc.com

Zhejiang Sanhua Intelligent Controls Co Ltd is an HVAC&R manufacturer of controls and components. It is engaged in the research and development, manufacture and distribution of refrigeration and air-conditioning control components, which include 4-way reversing valves, solenoid valves, and electronic expansion valves. The products offered by the company are standard controls and line components, customized controls and line components, electronic controls, and micro-channel heat exchanger. The products have application in air conditioning, commercial refrigeration, heat pump and home appliances. The organization supplies its products in China and internationally.

Executives

Ni Xiao Ming	Director
Hu Kai Cheng	Secretary Dong
Wang Da Yong	Directors, executives
Yu Ying Kui	Executives
Zhang Ya Bo	Directors, executives
Chen Xiao Ming	Supervisors
Chen Yu Zhong	Directors, executives
Wang Yu Tong	Securities Affairs Representative
Weng Wei Feng	Supervisors
Shi Chu Liang	Director
Liu Fei	Executives
Du An Lin	Executives
Li Wen Xiang	Director
Yu Shu Li	Director

Zhejiangnhua Intelligent Controls Co (SZSE:002050) Headlines

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