Chongqing Mexin Yishen Machinery Co (BJSE:873833) Days Sales Outstanding : 97.50 (As of Dec. 2023)

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What is Chongqing Mexin Yishen Machinery Co Days Sales Outstanding?

Chongqing Mexin Yishen Machinery Co's average Accounts Receivable for the six months ended in Dec. 2023 was ¥110.2 Mil. Chongqing Mexin Yishen Machinery Co's Revenue for the six months ended in Dec. 2023 was ¥206.2 Mil. Hence, Chongqing Mexin Yishen Machinery Co's Days Sales Outstanding for the six months ended in Dec. 2023 was 97.50.

The historical rank and industry rank for Chongqing Mexin Yishen Machinery Co's Days Sales Outstanding or its related term are showing as below:

BJSE:873833' s Days Sales Outstanding Range Over the Past 10 Years
Min: 61.45 Med: 74.98 Max: 88.89
Current: 88.89

During the past 9 years, Chongqing Mexin Yishen Machinery Co's highest Days Sales Outstanding was 88.89. The lowest was 61.45. And the median was 74.98.

BJSE:873833's Days Sales Outstanding is ranked worse than
79.04% of 1274 companies
in the Vehicles & Parts industry
Industry Median: 60.34 vs BJSE:873833: 88.89

Chongqing Mexin Yishen Machinery Co's Days Sales Outstanding increased from Dec. 2022 (79.06) to Dec. 2023 (97.50).

Chongqing Mexin Yishen Machinery Co Days Sales Outstanding Historical Data

The historical data trend for Chongqing Mexin Yishen Machinery 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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Chongqing Mexin Yishen Machinery Co Days Sales Outstanding Chart

Chongqing Mexin Yishen Machinery Co Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

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71.41

71.24

61.45

74.98

81.58

Chongqing Mexin Yishen Machinery Co Semi-Annual Data
	Dec13	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Days Sales Outstanding	Get a 7-Day Free Trial											66.12	71.89	79.06	88.24	97.50

Competitive Comparison of Chongqing Mexin Yishen Machinery Co's Days Sales Outstanding

For the Auto Parts subindustry, Chongqing Mexin Yishen Machinery 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.

Chongqing Mexin Yishen Machinery Co's Days Sales Outstanding Distribution in the Vehicles & Parts Industry

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

* The bar in red indicates where Chongqing Mexin Yishen Machinery Co's Days Sales Outstanding falls into.

Chongqing Mexin Yishen Machinery 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.

Chongqing Mexin Yishen Machinery 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
=	( (104.308	+	94.321)	/	2 )	/	444.36	*	365
=	99.3145					/	444.36	*	365
=	81.58

Chongqing Mexin Yishen Machinery 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: Jun. 2023 )	+	Accounts Receivable (A: Dec. 2023 ))	/	count )	/	Revenue (A: Dec. 2023 )	*	Days in Period
=	( (126.006	+	94.321)	/	2 )	/	206.198	*	365 / 2
=	110.1635					/	206.198	*	365 / 2
=	97.50

Chongqing Mexin Yishen Machinery Co (BJSE:873833) Days Sales Outstanding Explanation

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

Chongqing Mexin Yishen Machinery Co Days Sales Outstanding Related Terms

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Chongqing Mexin Yishen Machinery Co (BJSE:873833) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Chongqing Mexin Yishen Machinery Co Ltd (BJSE:873833) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 192, Julong Avenue, Lidu New District, Fuling, Chongqing, CHN, 400060

Website

http://www.mexinys.com

Chongqing Mexin Yishen Machinery Co Ltd is engaged in research & development, production and sales of compressor crankshafts, general machine crankshafts, motorcycle crankshafts, scrolls and related products.

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