Zhejiang Lianxiang Smart Home Co (SHSE:603272) Days Sales Outstanding : 8.92 (As of Mar. 2024)

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What is Zhejiang Lianxiang Smart Home Co Days Sales Outstanding?

Zhejiang Lianxiang Smart Home Co's average Accounts Receivable for the three months ended in Mar. 2024 was ¥2.7 Mil. Zhejiang Lianxiang Smart Home Co's Revenue for the three months ended in Mar. 2024 was ¥27.1 Mil. Hence, Zhejiang Lianxiang Smart Home Co's Days Sales Outstanding for the three months ended in Mar. 2024 was 8.92.

The historical rank and industry rank for Zhejiang Lianxiang Smart Home Co's Days Sales Outstanding or its related term are showing as below:

SHSE:603272' s Days Sales Outstanding Range Over the Past 10 Years
Min: 0.84 Med: 2.26 Max: 16.77
Current: 16.77

During the past 6 years, Zhejiang Lianxiang Smart Home Co's highest Days Sales Outstanding was 16.77. The lowest was 0.84. And the median was 2.26.

SHSE:603272's Days Sales Outstanding is ranked better than
96.11% of 1647 companies
in the Construction industry
Industry Median: 72.19 vs SHSE:603272: 16.77

Zhejiang Lianxiang Smart Home Co's Days Sales Outstanding declined from Mar. 2023 (16.24) to Mar. 2024 (8.92).

Zhejiang Lianxiang Smart Home Co Days Sales Outstanding Historical Data

The historical data trend for Zhejiang Lianxiang Smart Home 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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Zhejiang Lianxiang Smart Home Co Days Sales Outstanding Chart

Zhejiang Lianxiang Smart Home Co Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

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1.87

2.65

0.84

3.25

8.16

Zhejiang Lianxiang Smart Home Co Quarterly Data
	Dec18	Dec19	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Days Sales Outstanding	Get a 7-Day Free Trial											16.24	20.07	19.99	17.69	8.92

Competitive Comparison of Zhejiang Lianxiang Smart Home Co's Days Sales Outstanding

For the Building Products & Equipment subindustry, Zhejiang Lianxiang Smart Home 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.

Zhejiang Lianxiang Smart Home Co's Days Sales Outstanding Distribution in the Construction Industry

For the Construction industry and Industrials sector, Zhejiang Lianxiang Smart Home Co's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where Zhejiang Lianxiang Smart Home Co's Days Sales Outstanding falls into.

Zhejiang Lianxiang Smart Home 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.

Zhejiang Lianxiang Smart Home 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
=	( (3.494	+	3.502)	/	2 )	/	156.4	*	365
=	3.498					/	156.4	*	365
=	8.16

Zhejiang Lianxiang Smart Home 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
=	( (3.502	+	1.807)	/	2 )	/	27.149	*	365 / 4
=	2.6545					/	27.149	*	365 / 4
=	8.92

Zhejiang Lianxiang Smart Home Co (SHSE:603272) Days Sales Outstanding Explanation

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

Zhejiang Lianxiang Smart Home Co Days Sales Outstanding Related Terms

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Zhejiang Lianxiang Smart Home Co (SHSE:603272) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Zhejiang Lianxiang Smart Home Co Ltd (SHSE:603272) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 5, Yixing Road, Wuyuan Street, Haiyan County, Industrial New Zone, Zhejiang Province, Jiaxing, CHN, 314300

Website

http://www.lead-show.cn

Zhejiang Lianxiang Smart Home Co Ltd is engaged in research and development, design, production and sales of wall coverings. Its products includes home decoration products, integrated walls, integrated ceilings, computerized embroidery of cabinets, and craft embroidery decorations.

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