Jiangsu United Water Technology Co (SHSE:603291) Days Sales Outstanding : 125.45 (As of Mar. 2024)

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What is Jiangsu United Water Technology Co Days Sales Outstanding?

Jiangsu United Water Technology Co's average Accounts Receivable for the three months ended in Mar. 2024 was ¥324 Mil. Jiangsu United Water Technology Co's Revenue for the three months ended in Mar. 2024 was ¥235 Mil. Hence, Jiangsu United Water Technology Co's Days Sales Outstanding for the three months ended in Mar. 2024 was 125.45.

The historical rank and industry rank for Jiangsu United Water Technology Co's Days Sales Outstanding or its related term are showing as below:

SHSE:603291' s Days Sales Outstanding Range Over the Past 10 Years
Min: 81.47 Med: 88.12 Max: 106.39
Current: 102.32

During the past 6 years, Jiangsu United Water Technology Co's highest Days Sales Outstanding was 106.39. The lowest was 81.47. And the median was 88.12.

SHSE:603291's Days Sales Outstanding is ranked worse than
79.84% of 511 companies
in the Utilities - Regulated industry
Industry Median: 53.86 vs SHSE:603291: 102.32

Jiangsu United Water Technology Co's Days Sales Outstanding increased from Mar. 2023 (113.85) to Mar. 2024 (125.45).

Warning Sign:

If a company's sales outstanding increases, it means it has difficulty collecting payments from its customers.

Jiangsu United Water Technology Co Days Sales Outstanding Historical Data

The historical data trend for Jiangsu United Water Technology 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 United Water Technology Co Days Sales Outstanding Chart

Jiangsu United Water Technology Co Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

Get a 7-Day Free Trial

86.33

88.45

81.47

87.79

101.78

Jiangsu United Water Technology Co Quarterly Data
	Dec18	Dec19	Dec20	Jun21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Days Sales Outstanding	Get a 7-Day Free Trial									113.85	87.98	102.43	99.90	125.45

Competitive Comparison of Jiangsu United Water Technology Co's Days Sales Outstanding

For the Utilities - Regulated Water subindustry, Jiangsu United Water Technology 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 United Water Technology Co's Days Sales Outstanding Distribution in the Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, Jiangsu United Water Technology Co's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where Jiangsu United Water Technology Co's Days Sales Outstanding falls into.

Jiangsu United Water Technology 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 United Water Technology 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
=	( (314.115	+	314.889)	/	2 )	/	1127.809	*	365
=	314.502					/	1127.809	*	365
=	101.78

Jiangsu United Water Technology 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
=	( (314.889	+	332.276)	/	2 )	/	235.368	*	365 / 4
=	323.5825					/	235.368	*	365 / 4
=	125.45

Jiangsu United Water Technology Co (SHSE:603291) 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 United Water Technology Co Days Sales Outstanding Related Terms

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Jiangsu United Water Technology Co (SHSE:603291) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Regulated » Jiangsu United Water Technology Co Ltd (SHSE:603291) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 128, Xingfu North Road, Jiangsu Province, Suqian, CHN, 223800

Website

http://www.united-water.com

Jiangsu United Water Technology Co Ltd owns and operates water supply and waste water treatment facilities and also provides engineering services related to water supply infrastructure and industrial waste water pretreatment facilities.

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