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Jiangsu Xiuqiang Glasswork Co (SZSE:300160) Days Sales Outstanding : 80.88 (As of Mar. 2024)


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What is Jiangsu Xiuqiang Glasswork Co Days Sales Outstanding?

Jiangsu Xiuqiang Glasswork Co's average Accounts Receivable for the three months ended in Mar. 2024 was ¥350 Mil. Jiangsu Xiuqiang Glasswork Co's Revenue for the three months ended in Mar. 2024 was ¥395 Mil. Hence, Jiangsu Xiuqiang Glasswork Co's Days Sales Outstanding for the three months ended in Mar. 2024 was 80.88.

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

SZSE:300160' s Days Sales Outstanding Range Over the Past 10 Years
Min: 71.76   Med: 89.03   Max: 112.95
Current: 81.97

During the past 13 years, Jiangsu Xiuqiang Glasswork Co's highest Days Sales Outstanding was 112.95. The lowest was 71.76. And the median was 89.03.

SZSE:300160's Days Sales Outstanding is ranked worse than
79.15% of 422 companies
in the Furnishings, Fixtures & Appliances industry
Industry Median: 53.205 vs SZSE:300160: 81.97

Jiangsu Xiuqiang Glasswork Co's Days Sales Outstanding declined from Mar. 2023 (85.35) to Mar. 2024 (80.88).


Jiangsu Xiuqiang Glasswork Co Days Sales Outstanding Historical Data

The historical data trend for Jiangsu Xiuqiang Glasswork 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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Jiangsu Xiuqiang Glasswork Co Days Sales Outstanding Chart

Jiangsu Xiuqiang Glasswork 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 86.60 92.94 99.75 90.52 87.53

Jiangsu Xiuqiang Glasswork 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 85.35 86.29 78.29 85.41 80.88

Competitive Comparison of Jiangsu Xiuqiang Glasswork Co's Days Sales Outstanding

For the Furnishings, Fixtures & Appliances subindustry, Jiangsu Xiuqiang Glasswork 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.


Jiangsu Xiuqiang Glasswork Co's Days Sales Outstanding Distribution in the Furnishings, Fixtures & Appliances Industry

For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, Jiangsu Xiuqiang Glasswork Co's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where Jiangsu Xiuqiang Glasswork Co's Days Sales Outstanding falls into.



Jiangsu Xiuqiang Glasswork 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.

Jiangsu Xiuqiang Glasswork 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
=( (330 + 359.483) / 2 ) / 1437.492*365
=344.7415 / 1437.492*365
=87.53

Jiangsu Xiuqiang Glasswork 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
=( (359.483 + 340.656) / 2 ) / 394.946*365 / 4
=350.0695 / 394.946*365 / 4
=80.88

* 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.


Jiangsu Xiuqiang Glasswork Co  (SZSE:300160) Days Sales Outstanding Explanation

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


Jiangsu Xiuqiang Glasswork Co Days Sales Outstanding Related Terms

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Jiangsu Xiuqiang Glasswork Co (SZSE:300160) Business Description

Traded in Other Exchanges
N/A
Address
No. 28 Jiangshan Avenue, Suyu District, Jiangsu Province, Suqian, CHN, 223801
Jiangsu Xiuqiang Glasswork Co Ltd produces and sells crystal color glass for home appliances, solar energy glass, TCO glass and Low-e glass.

Jiangsu Xiuqiang Glasswork Co (SZSE:300160) Headlines

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