Fujian Zhangzhou Development Co (SZSE:000753) Days Sales Outstanding : 56.92 (As of Dec. 2023)

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What is Fujian Zhangzhou Development Co Days Sales Outstanding?

Fujian Zhangzhou Development Co's average Accounts Receivable for the three months ended in Dec. 2023 was ¥872 Mil. Fujian Zhangzhou Development Co's Revenue for the three months ended in Dec. 2023 was ¥1,398 Mil. Hence, Fujian Zhangzhou Development Co's Days Sales Outstanding for the three months ended in Dec. 2023 was 56.92.

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

SZSE:000753' s Days Sales Outstanding Range Over the Past 10 Years
Min: 7.87 Med: 21.3 Max: 79.03
Current: 77.15

During the past 13 years, Fujian Zhangzhou Development Co's highest Days Sales Outstanding was 79.03. The lowest was 7.87. And the median was 21.30.

SZSE:000753's Days Sales Outstanding is ranked worse than
69.95% of 1268 companies
in the Vehicles & Parts industry
Industry Median: 60.715 vs SZSE:000753: 77.15

Fujian Zhangzhou Development Co's Days Sales Outstanding declined from Dec. 2022 (62.10) to Dec. 2023 (56.92).

Fujian Zhangzhou Development Co Days Sales Outstanding Historical Data

The historical data trend for Fujian Zhangzhou Development 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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Fujian Zhangzhou Development Co Days Sales Outstanding Chart

Fujian Zhangzhou Development Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

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23.13

29.85

50.76

71.35

79.03

Fujian Zhangzhou Development Co Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Days Sales Outstanding	Get a 7-Day Free Trial															62.10	132.20	62.55	100.43	56.92

Competitive Comparison of Fujian Zhangzhou Development Co's Days Sales Outstanding

For the Auto & Truck Dealerships subindustry, Fujian Zhangzhou Development 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.

Fujian Zhangzhou Development Co's Days Sales Outstanding Distribution in the Vehicles & Parts Industry

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

* The bar in red indicates where Fujian Zhangzhou Development Co's Days Sales Outstanding falls into.

Fujian Zhangzhou Development 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.

Fujian Zhangzhou Development 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
=	( (648.497	+	931.734)	/	2 )	/	3649.164	*	365
=	790.1155					/	3649.164	*	365
=	79.03

Fujian Zhangzhou Development 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
=	( (812.751	+	931.734)	/	2 )	/	1398.405	*	365 / 4
=	872.2425					/	1398.405	*	365 / 4
=	56.92

Fujian Zhangzhou Development Co (SZSE:000753) Days Sales Outstanding Explanation

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

Fujian Zhangzhou Development Co Days Sales Outstanding Related Terms

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Fujian Zhangzhou Development Co (SZSE:000753) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Fujian Zhangzhou Development Co Ltd (SZSE:000753) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

N/A

Address

Shenli East Road, Zhangzhou Development Square, Fujian Province, Zhangzhou, CHN, 363000

Website

http://www.zzdc.com.cn

Fujian Zhangzhou Development Co Ltd is engaged in the automobile trading business in China. Further, it is engaged in urban water supply services, construction of urban infrastructure, investment, and development of highways, real estate development, and automotive trade in China's domestic market.

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