GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Zhejiang Sling Automobile Bearing Co Ltd (SZSE:301550) » Definitions » Days Sales Outstanding

Zhejiang Sling Automobile Bearing Co (SZSE:301550) Days Sales Outstanding : 113.80 (As of Mar. 2024)


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

What is Zhejiang Sling Automobile Bearing Co Days Sales Outstanding?

Zhejiang Sling Automobile Bearing Co's average Accounts Receivable for the three months ended in Mar. 2024 was ¥203.6 Mil. Zhejiang Sling Automobile Bearing Co's Revenue for the three months ended in Mar. 2024 was ¥163.2 Mil. Hence, Zhejiang Sling Automobile Bearing Co's Days Sales Outstanding for the three months ended in Mar. 2024 was 113.80.

The historical rank and industry rank for Zhejiang Sling Automobile Bearing Co's Days Sales Outstanding or its related term are showing as below:

SZSE:301550' s Days Sales Outstanding Range Over the Past 10 Years
Min: 33.71   Med: 77.02   Max: 99.43
Current: 96.62

During the past 9 years, Zhejiang Sling Automobile Bearing Co's highest Days Sales Outstanding was 99.43. The lowest was 33.71. And the median was 77.02.

SZSE:301550's Days Sales Outstanding is ranked worse than
83.62% of 1270 companies
in the Vehicles & Parts industry
Industry Median: 60.165 vs SZSE:301550: 96.62

Zhejiang Sling Automobile Bearing Co's Days Sales Outstanding increased from Mar. 2023 (97.66) to Mar. 2024 (113.80).

Warning Sign:

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


Zhejiang Sling Automobile Bearing Co Days Sales Outstanding Historical Data

The historical data trend for Zhejiang Sling Automobile Bearing 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.

Zhejiang Sling Automobile Bearing Co Days Sales Outstanding Chart

Zhejiang Sling Automobile Bearing Co Annual Data
Trend Dec12 Dec13 Dec14 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Sales Outstanding
Get a 7-Day Free Trial Premium Member Only 99.43 79.54 77.02 82.32 89.23

Zhejiang Sling Automobile Bearing Co Quarterly Data
Dec12 Dec13 Jun14 Dec14 Jun15 Dec18 Dec19 Dec20 Jun21 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 97.66 93.40 90.05 89.47 113.80

Competitive Comparison of Zhejiang Sling Automobile Bearing Co's Days Sales Outstanding

For the Auto Parts subindustry, Zhejiang Sling Automobile Bearing 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.


Zhejiang Sling Automobile Bearing Co's Days Sales Outstanding Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Zhejiang Sling Automobile Bearing Co's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where Zhejiang Sling Automobile Bearing Co's Days Sales Outstanding falls into.



Zhejiang Sling Automobile Bearing 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.

Zhejiang Sling Automobile Bearing 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
=( (156.051 + 204.854) / 2 ) / 738.123*365
=180.4525 / 738.123*365
=89.23

Zhejiang Sling Automobile Bearing 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
=( (204.854 + 202.305) / 2 ) / 163.242*365 / 4
=203.5795 / 163.242*365 / 4
=113.80

* 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.


Zhejiang Sling Automobile Bearing Co  (SZSE:301550) Days Sales Outstanding Explanation

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


Zhejiang Sling Automobile Bearing Co Days Sales Outstanding Related Terms

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


Zhejiang Sling Automobile Bearing Co (SZSE:301550) Business Description

Traded in Other Exchanges
N/A
Address
No. 3, Jiangdong Road, Chengtan Street, Xinchang, Zhejiang, CHN, 312500
Zhejiang Sling Automobile Bearing Co Ltd is engaged in research & development, manufacturing and sales of automotive bearings.

Zhejiang Sling Automobile Bearing Co (SZSE:301550) Headlines

No Headlines