Kingold Jewelry (Kingold Jewelry) Days Sales Outstanding : 0.11 (As of Sep. 2019)

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What is Kingold Jewelry Days Sales Outstanding?

Kingold Jewelry's average Accounts Receivable for the three months ended in Sep. 2019 was $0 Mil. Kingold Jewelry's Revenue for the three months ended in Sep. 2019 was $383 Mil. Hence, Kingold Jewelry's Days Sales Outstanding for the three months ended in Sep. 2019 was 0.11.

The historical rank and industry rank for Kingold Jewelry's Days Sales Outstanding or its related term are showing as below:

KGJI's Days Sales Outstanding is not ranked ^*
in the Retail - Cyclical industry.
Industry Median: 17.72
* Ranked among companies with meaningful Days Sales Outstanding only.

Kingold Jewelry's Days Sales Outstanding increased from Sep. 2018 (0.03) to Sep. 2019 (0.11).

Kingold Jewelry Days Sales Outstanding Historical Data

The historical data trend for Kingold Jewelry'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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Kingold Jewelry Days Sales Outstanding Chart

Kingold Jewelry Annual Data

Trend

Dec09

Dec10

Dec11

Dec12

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Days Sales Outstanding

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0.17

0.39

0.29

0.13

0.09

Kingold Jewelry Quarterly Data
	Dec14	Mar15	Jun15	Sep15	Dec15	Mar16	Jun16	Sep16	Dec16	Mar17	Jun17	Sep17	Dec17	Mar18	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19
Days Sales Outstanding	Get a 7-Day Free Trial															0.03	0.05	0.09	0.04	0.11

Competitive Comparison of Kingold Jewelry's Days Sales Outstanding

For the Luxury Goods subindustry, Kingold Jewelry'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.

Kingold Jewelry's Days Sales Outstanding Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Kingold Jewelry's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where Kingold Jewelry's Days Sales Outstanding falls into.

Kingold Jewelry 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.

Kingold Jewelry's Days Sales Outstanding for the fiscal year that ended in Dec. 2018 is calculated as

	Days Sales Outstanding (A: Dec. 2018 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Dec. 2017 )	+	Accounts Receivable (A: Dec. 2018 ))	/	count )	/	Revenue (A: Dec. 2018 )	*	Days in Period
=	( (0.768	+	0.451)	/	2 )	/	2475.666	*	365
=	0.6095					/	2475.666	*	365
=	0.09

Kingold Jewelry's Days Sales Outstanding for the quarter that ended in Sep. 2019 is calculated as:

	Days Sales Outstanding (Q: Sep. 2019 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Jun. 2019 )	+	Accounts Receivable (A: Sep. 2019 ))	/	count )	/	Revenue (A: Sep. 2019 )	*	Days in Period
=	( (0.264	+	0.654)	/	2 )	/	382.79	*	365 / 4
=	0.459					/	382.79	*	365 / 4
=	0.11

Kingold Jewelry (GREY:KGJI) Days Sales Outstanding Explanation

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

Kingold Jewelry Days Sales Outstanding Related Terms

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Kingold Jewelry (Kingold Jewelry) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Kingold Jewelry Inc (GREY:KGJI) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 8 Han Huang Road, Jiang'an District, Hubei Province, 15 Huangpu Science & Technology Park, Wuhan, CHN, 430023

Website

http://www.kingoldjewelry.com

Kingold Jewelry Inc designs and manufactures 24-karat gold jewelry and Chinese ornaments. The company along with its subsidiaries develops markets and sells products including gold necklaces, rings, earrings, bracelets, and pendants to the jewelry market in China. The company also sells gold bars and coins and other products through various banks in China. It derives most of its revenues from the sales of 24-karat jewelry and Chinese ornaments and from design and processing fees.

Executives