Jiangsu Sinonic Precision Alloy Co (BJSE:833914) Days Sales Outstanding : 93.72 (As of Mar. 2024)

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What is Jiangsu Sinonic Precision Alloy Co Days Sales Outstanding?

Jiangsu Sinonic Precision Alloy Co's average Accounts Receivable for the three months ended in Mar. 2024 was ¥176.5 Mil. Jiangsu Sinonic Precision Alloy Co's Revenue for the three months ended in Mar. 2024 was ¥171.9 Mil. Hence, Jiangsu Sinonic Precision Alloy Co's Days Sales Outstanding for the three months ended in Mar. 2024 was 93.72.

The historical rank and industry rank for Jiangsu Sinonic Precision Alloy Co's Days Sales Outstanding or its related term are showing as below:

BJSE:833914' s Days Sales Outstanding Range Over the Past 10 Years
Min: 59.42 Med: 73.81 Max: 85.8
Current: 85.8

During the past 11 years, Jiangsu Sinonic Precision Alloy Co's highest Days Sales Outstanding was 85.80. The lowest was 59.42. And the median was 73.81.

BJSE:833914's Days Sales Outstanding is ranked worse than
55.72% of 2952 companies
in the Industrial Products industry
Industry Median: 79.815 vs BJSE:833914: 85.80

Jiangsu Sinonic Precision Alloy Co's Days Sales Outstanding increased from Mar. 2023 (78.71) to Mar. 2024 (93.72).

Jiangsu Sinonic Precision Alloy Co Days Sales Outstanding Historical Data

The historical data trend for Jiangsu Sinonic Precision Alloy 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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Jiangsu Sinonic Precision Alloy Co Days Sales Outstanding Chart

Jiangsu Sinonic Precision Alloy Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

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81.64

74.13

59.42

66.15

73.49

Jiangsu Sinonic Precision Alloy Co Quarterly Data
	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Jun20	Dec20	Mar21	Jun21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Days Sales Outstanding	Get a 7-Day Free Trial															78.71	75.95	82.16	92.11	93.72

Competitive Comparison of Jiangsu Sinonic Precision Alloy Co's Days Sales Outstanding

For the Metal Fabrication subindustry, Jiangsu Sinonic Precision Alloy 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.

Jiangsu Sinonic Precision Alloy Co's Days Sales Outstanding Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Jiangsu Sinonic Precision Alloy Co's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where Jiangsu Sinonic Precision Alloy Co's Days Sales Outstanding falls into.

Jiangsu Sinonic Precision Alloy 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.

Jiangsu Sinonic Precision Alloy 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
=	( (157.762	+	168.272)	/	2 )	/	809.673	*	365
=	163.017					/	809.673	*	365
=	73.49

Jiangsu Sinonic Precision Alloy 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
=	( (168.272	+	184.796)	/	2 )	/	171.884	*	365 / 4
=	176.534					/	171.884	*	365 / 4
=	93.72

Jiangsu Sinonic Precision Alloy Co (BJSE:833914) Days Sales Outstanding Explanation

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

Jiangsu Sinonic Precision Alloy Co Days Sales Outstanding Related Terms

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Jiangsu Sinonic Precision Alloy Co (BJSE:833914) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Jiangsu Sinonic Precision Alloy Co Ltd (BJSE:833914) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

N/A

Address

Luyuan Road (Nanyue Village), Environmental Protection Technology Industrial Park, Yixing Huankeyuan, Yixing City, Jiangsu Province, Wuxi City, CHN, 214205

Website

Jiangsu Sinonic Precision Alloy Co Ltd engages in research, development, production, and sales of non-ferrous metal precision alloys, production of non-ferrous metal precision alloy materials, precision nickel alloy strips, foils, and non-ferrous metal composite materials. Its products are used in aerospace, aviation, electric vehicles, electric tools, batteries, computers, and mobile phones industries.

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