JZ (Jianzhi Education Technology Group Co) Days Sales Outstanding : 35.41 (As of Jun. 2024)

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What is Jianzhi Education Technology Group Co Days Sales Outstanding?

Jianzhi Education Technology Group Co's average Accounts Receivable for the six months ended in Jun. 2024 was $5.60 Mil. Jianzhi Education Technology Group Co's Revenue for the six months ended in Jun. 2024 was $28.85 Mil. Hence, Jianzhi Education Technology Group Co's Days Sales Outstanding for the six months ended in Jun. 2024 was 35.41.

The historical rank and industry rank for Jianzhi Education Technology Group Co's Days Sales Outstanding or its related term are showing as below:

JZ' s Days Sales Outstanding Range Over the Past 10 Years
Min: 9.32 Med: 83.53 Max: 86.86
Current: 35.26

During the past 5 years, Jianzhi Education Technology Group Co's highest Days Sales Outstanding was 86.86. The lowest was 9.32. And the median was 83.53.

JZ's Days Sales Outstanding is ranked better than
80.92% of 2720 companies
in the Software industry
Industry Median: 62.425 vs JZ: 35.26

Jianzhi Education Technology Group Co's Days Sales Outstanding increased from Jun. 2023 (14.25) to Jun. 2024 (35.41).

Jianzhi Education Technology Group Co Days Sales Outstanding Historical Data

The historical data trend for Jianzhi Education Technology Group 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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Jianzhi Education Technology Group Co Days Sales Outstanding Chart

Jianzhi Education Technology Group Co Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

85.03

86.86

83.53

47.58

9.32

Jianzhi Education Technology Group Co Semi-Annual Data
	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24
Days Sales Outstanding	Get a 7-Day Free Trial					57.38	27.13	14.25	17.69	35.41

Competitive Comparison of Jianzhi Education Technology Group Co's Days Sales Outstanding

For the Information Technology Services subindustry, Jianzhi Education Technology Group 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.

Jianzhi Education Technology Group Co's Days Sales Outstanding Distribution in the Software Industry

For the Software industry and Technology sector, Jianzhi Education Technology Group Co's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where Jianzhi Education Technology Group Co's Days Sales Outstanding falls into.

Jianzhi Education Technology Group 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.

Jianzhi Education Technology Group 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
=	( (2.463	+	0.688)	/	2 )	/	61.698	*	365
=	1.5755					/	61.698	*	365
=	9.32

Jianzhi Education Technology Group Co's Days Sales Outstanding for the quarter that ended in Jun. 2024 is calculated as:

	Days Sales Outstanding (Q: Jun. 2024 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Dec. 2023 )	+	Accounts Receivable (A: Jun. 2024 ))	/	count )	/	Revenue (A: Jun. 2024 )	*	Days in Period
=	( (0.688	+	10.509)	/	2 )	/	28.851	*	365 / 2
=	5.5985					/	28.851	*	365 / 2
=	35.41

Jianzhi Education Technology Group Co (NAS:JZ) Days Sales Outstanding Explanation

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

Jianzhi Education Technology Group Co Days Sales Outstanding Related Terms

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Jianzhi Education Technology Group Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Jianzhi Education Technology Group Co Ltd (NAS:JZ) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

N/A

Address

Zhichun Road, 27th Floor, Tower A, Yingdu Building, Haidian District, Beijing, CHN, 100086

Website

http://www.jianzhi-jiaoyu.com

Jianzhi Education Technology Group Co Ltd engages in developing educational content to fulfill the massive demand for high-quality, professional development training resources in China. The company and its subsidiaries VIE and VIEs generate subscription revenue through selling subscriptions to online learning platforms, higher education institutions, and other institutional customers under a B2B2C model mainly through the platform of Sentu Academy; offering subscriptions concerning educational content in mobile video packages directly to end users under a B2C model through the platforms such as Fish Learning or Light Class, etc. It has two operating segments: Educational content services and other services and IT-related solution services.