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Loncin Motor Co (SHSE:603766) Days Sales Outstanding : 34.80 (As of Sep. 2023)


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What is Loncin Motor Co Days Sales Outstanding?

Loncin Motor Co's average Accounts Receivable for the three months ended in Sep. 2023 was ¥1,291 Mil. Loncin Motor Co's Revenue for the three months ended in Sep. 2023 was ¥3,386 Mil. Hence, Loncin Motor Co's Days Sales Outstanding for the three months ended in Sep. 2023 was 34.80.

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

SHSE:603766' s Days Sales Outstanding Range Over the Past 10 Years
Min: 35.11   Med: 47.76   Max: 73.82
Current: 44.35

During the past 13 years, Loncin Motor Co's highest Days Sales Outstanding was 73.82. The lowest was 35.11. And the median was 47.76.

SHSE:603766's Days Sales Outstanding is ranked better than
69.98% of 1269 companies
in the Vehicles & Parts industry
Industry Median: 60.76 vs SHSE:603766: 44.35

Loncin Motor Co's Days Sales Outstanding declined from Sep. 2022 (59.31) to Sep. 2023 (34.80).


Loncin Motor Co Days Sales Outstanding Historical Data

The historical data trend for Loncin Motor 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.

Loncin Motor Co Days Sales Outstanding Chart

Loncin Motor Co Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Days Sales Outstanding
Get a 7-Day Free Trial Premium Member Only Premium Member Only 60.54 70.12 73.82 53.99 46.08

Loncin Motor Co Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
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 59.31 50.78 50.35 41.02 34.80

Competitive Comparison of Loncin Motor Co's Days Sales Outstanding

For the Recreational Vehicles subindustry, Loncin Motor 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.


Loncin Motor Co's Days Sales Outstanding Distribution in the Vehicles & Parts Industry

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

* The bar in red indicates where Loncin Motor Co's Days Sales Outstanding falls into.



Loncin Motor 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.

Loncin Motor Co's Days Sales Outstanding for the fiscal year that ended in Dec. 2022 is calculated as

Days Sales Outstanding (A: Dec. 2022 )
=Average Accounts Receivable /Revenue*Days in Period
=( (Accounts Receivable (A: Dec. 2021 ) + Accounts Receivable (A: Dec. 2022 )) / count ) / Revenue (A: Dec. 2022 )*Days in Period
=( (1749.975 + 1383.698) / 2 ) / 12410.173*365
=1566.8365 / 12410.173*365
=46.08

Loncin Motor Co's Days Sales Outstanding for the quarter that ended in Sep. 2023 is calculated as:

Days Sales Outstanding (Q: Sep. 2023 )
=Average Accounts Receivable /Revenue*Days in Period
=( (Accounts Receivable (A: Jun. 2023 ) + Accounts Receivable (A: Sep. 2023 )) / count ) / Revenue (A: Sep. 2023 )*Days in Period
=( (1277.072 + 1305.361) / 2 ) / 3385.863*365 / 4
=1291.2165 / 3385.863*365 / 4
=34.80

* 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.


Loncin Motor Co  (SHSE:603766) Days Sales Outstanding Explanation

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


Loncin Motor Co Days Sales Outstanding Related Terms

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Loncin Motor Co (SHSE:603766) Business Description

Traded in Other Exchanges
N/A
Address
No.116 Juye Road, C Area of Jiulong Industrial Park, Jiulongpo District, Chongqing, CHN, 400052
Loncin Motor Co Ltd is a China-based company engaged in manufacturing recreational vehicles, light-duty power units, engines and engine parts, and farm machinery. It is also involved in the development and incubation of burgeoning businesses with core technology of internal combustion engine as the platform.

Loncin Motor Co (SHSE:603766) Headlines

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