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Jinlong Machinery & Electronic Co (SZSE:300032) Days Sales Outstanding : 100.13 (As of Mar. 2024)


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What is Jinlong Machinery & Electronic Co Days Sales Outstanding?

Jinlong Machinery & Electronic Co's average Accounts Receivable for the three months ended in Mar. 2024 was ¥305 Mil. Jinlong Machinery & Electronic Co's Revenue for the three months ended in Mar. 2024 was ¥278 Mil. Hence, Jinlong Machinery & Electronic Co's Days Sales Outstanding for the three months ended in Mar. 2024 was 100.13.

The historical rank and industry rank for Jinlong Machinery & Electronic Co's Days Sales Outstanding or its related term are showing as below:

SZSE:300032' s Days Sales Outstanding Range Over the Past 10 Years
Min: 63.78   Med: 87.71   Max: 109.12
Current: 74.94

During the past 13 years, Jinlong Machinery & Electronic Co's highest Days Sales Outstanding was 109.12. The lowest was 63.78. And the median was 87.71.

SZSE:300032's Days Sales Outstanding is ranked better than
54.28% of 2957 companies
in the Industrial Products industry
Industry Median: 79.63 vs SZSE:300032: 74.94

Jinlong Machinery & Electronic Co's Days Sales Outstanding increased from Mar. 2023 (69.29) to Mar. 2024 (100.13).


Jinlong Machinery & Electronic Co Days Sales Outstanding Historical Data

The historical data trend for Jinlong Machinery & Electronic 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.

Jinlong Machinery & Electronic Co Days Sales Outstanding Chart

Jinlong Machinery & Electronic Co 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 92.49 91.74 98.63 63.78 80.62

Jinlong Machinery & Electronic 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 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 69.29 61.18 75.24 94.73 100.13

Competitive Comparison of Jinlong Machinery & Electronic Co's Days Sales Outstanding

For the Specialty Industrial Machinery subindustry, Jinlong Machinery & Electronic 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.


Jinlong Machinery & Electronic Co's Days Sales Outstanding Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Jinlong Machinery & Electronic Co's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where Jinlong Machinery & Electronic Co's Days Sales Outstanding falls into.



Jinlong Machinery & Electronic 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.

Jinlong Machinery & Electronic 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
=( (829.988 + 348.207) / 2 ) / 2667.106*365
=589.0975 / 2667.106*365
=80.62

Jinlong Machinery & Electronic 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
=( (348.207 + 261.054) / 2 ) / 277.627*365 / 4
=304.6305 / 277.627*365 / 4
=100.13

* 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.


Jinlong Machinery & Electronic Co  (SZSE:300032) Days Sales Outstanding Explanation

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


Jinlong Machinery & Electronic Co Days Sales Outstanding Related Terms

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Jinlong Machinery & Electronic Co (SZSE:300032) Business Description

Traded in Other Exchanges
N/A
Address
Jinlong Science & Technology Park, Jin Gang Avenue, Baixiang, Yueqing (Wenzhou), CHN, 325603
Jinlong Machinery & Electronic Co Ltd engaged in electrical machinery and equipment manufacturing. The products of the company include motors, coin type vibrator, and solid motors.
Executives
Dai Ming Feng Director
Jin Shao Ping Director
Chen Jing Hua Supervisors
Huang Juan Directors, Directors, and Executives
Jin Mei Ou Directors, executives
Chen Yu Qiang Executives
Huang Yong Xian Directors, executives

Jinlong Machinery & Electronic Co (SZSE:300032) Headlines

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