New JCM Group Co (SZSE:300157) Days Sales Outstanding : 154.44 (As of Mar. 2024)

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What is New JCM Group Co Days Sales Outstanding?

New JCM Group Co's average Accounts Receivable for the three months ended in Mar. 2024 was ¥335.5 Mil. New JCM Group Co's Revenue for the three months ended in Mar. 2024 was ¥198.2 Mil. Hence, New JCM Group Co's Days Sales Outstanding for the three months ended in Mar. 2024 was 154.44.

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

SZSE:300157' s Days Sales Outstanding Range Over the Past 10 Years
Min: 140.27 Med: 323.47 Max: 401.59
Current: 183.08

During the past 13 years, New JCM Group Co's highest Days Sales Outstanding was 401.59. The lowest was 140.27. And the median was 323.47.

SZSE:300157's Days Sales Outstanding is ranked worse than
91.12% of 935 companies
in the Oil & Gas industry
Industry Median: 49.24 vs SZSE:300157: 183.08

New JCM Group Co's Days Sales Outstanding increased from Mar. 2023 (131.03) to Mar. 2024 (154.44).

New JCM Group Co Days Sales Outstanding Historical Data

The historical data trend for New JCM Group 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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New JCM Group Co Days Sales Outstanding Chart

New JCM Group Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

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358.99

401.59

372.40

245.54

169.10

New JCM Group 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															131.03	150.59	196.64	266.12	154.44

Competitive Comparison of New JCM Group Co's Days Sales Outstanding

For the Oil & Gas Equipment & Services subindustry, New JCM Group 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.

New JCM Group Co's Days Sales Outstanding Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, New JCM Group Co's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where New JCM Group Co's Days Sales Outstanding falls into.

New JCM Group 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.

New JCM Group 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
=	( (285.318	+	323.069)	/	2 )	/	656.58	*	365
=	304.1935					/	656.58	*	365
=	169.10

New JCM Group 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
=	( (323.069	+	347.899)	/	2 )	/	198.219	*	365 / 4
=	335.484					/	198.219	*	365 / 4
=	154.44

New JCM Group Co (SZSE:300157) Days Sales Outstanding Explanation

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

New JCM Group Co Days Sales Outstanding Related Terms

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New JCM Group Co (SZSE:300157) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » New JCM Group Co Ltd (SZSE:300157) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

N/A

Address

Fengxiu Middle Road, Room 401, Building 4, No. 3, Haidian, Beijing, CHN, 100094

Website

http://www.ldocean.com.cn

New JCM Group Co Ltd Formerly LandOcean Group Ltd provides technology services for petroleum and natural gas exploration and development.

Executives

Liu Hong	Supervisors
Liu Hui Zeng	Executives
Yang Hua Feng	Executives
Sun Geng Wen	Director
Qu Guang Sheng	Director
Ye Jin Xing	Independent director
Chen Shu Lin	Executives
Xie Gui Sheng	Executives
Tang Cheng Feng	Directors, executives
Yang Qian	Executives
Deng Lin	Directors, executives
Shen Chao	Directors, executives
Chen Yu	Independent director
Mou Shu Ling	Independent director
Qin Gang Ping	Executives

New JCM Group Co (SZSE:300157) Headlines

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