Jinko Solar Co (SHSE:688223) Days Sales Outstanding : 65.51 (As of Dec. 2023)

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What is Jinko Solar Co Days Sales Outstanding?

Jinko Solar Co's average Accounts Receivable for the three months ended in Dec. 2023 was ¥24,112 Mil. Jinko Solar Co's Revenue for the three months ended in Dec. 2023 was ¥33,585 Mil. Hence, Jinko Solar Co's Days Sales Outstanding for the three months ended in Dec. 2023 was 65.51.

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

SHSE:688223' s Days Sales Outstanding Range Over the Past 10 Years
Min: 52.51 Med: 109.53 Max: 126.66
Current: 64.22

During the past 13 years, Jinko Solar Co's highest Days Sales Outstanding was 126.66. The lowest was 52.51. And the median was 109.53.

SHSE:688223's Days Sales Outstanding is ranked worse than
52.15% of 978 companies
in the Semiconductors industry
Industry Median: 62.445 vs SHSE:688223: 64.22

Jinko Solar Co's Days Sales Outstanding increased from Dec. 2022 (42.74) to Dec. 2023 (65.51).

Jinko Solar Co Days Sales Outstanding Historical Data

The historical data trend for Jinko Solar 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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Jinko Solar Co Days Sales Outstanding Chart

Jinko Solar Co Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Days Sales Outstanding

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111.27

75.88

55.36

53.25

52.51

Jinko Solar Co Quarterly Data
	Mar18	Jun18	Sep18	Dec18	Mar19	Dec19	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Days Sales Outstanding	Get a 7-Day Free Trial															42.74	68.43	59.28	68.31	65.51

Competitive Comparison of Jinko Solar Co's Days Sales Outstanding

For the Solar subindustry, Jinko Solar 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.

Jinko Solar Co's Days Sales Outstanding Distribution in the Semiconductors Industry

For the Semiconductors industry and Technology sector, Jinko Solar Co's Days Sales Outstanding distribution charts can be found below:

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

Jinko Solar 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.

Jinko Solar 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
=	( (7192.872	+	16593.588)	/	2 )	/	82676.076	*	365
=	11893.23					/	82676.076	*	365
=	52.51

Jinko Solar Co's Days Sales Outstanding for the quarter that ended in Dec. 2023 is calculated as:

	Days Sales Outstanding (Q: Dec. 2023 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Sep. 2023 )	+	Accounts Receivable (A: Dec. 2023 ))	/	count )	/	Revenue (A: Dec. 2023 )	*	Days in Period
=	( (25660.056	+	22564.709)	/	2 )	/	33585.136	*	365 / 4
=	24112.3825					/	33585.136	*	365 / 4
=	65.51

Jinko Solar Co (SHSE:688223) Days Sales Outstanding Explanation

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

Jinko Solar Co Days Sales Outstanding Related Terms

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Jinko Solar Co (SHSE:688223) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » Jinko Solar Co Ltd (SHSE:688223) » Definitions » Days Sales Outstanding

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Traded in Other Exchanges

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Address

No. 1, Jinke Avenue, Economic Development Zone, Jiangxi Province, Shangrao City, CHN, 334000

Website

https://www.jinkosolar.com

Jinko Solar Co Ltd is engaged in the research and development, production and sales of solar photovoltaic modules, cells and silicon wafers.

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