Zhejiang Langdi Group Co (SHSE:603726) Days Sales Outstanding : 107.12 (As of Mar. 2024)

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What is Zhejiang Langdi Group Co Days Sales Outstanding?

Zhejiang Langdi Group Co's average Accounts Receivable for the three months ended in Mar. 2024 was ¥490 Mil. Zhejiang Langdi Group Co's Revenue for the three months ended in Mar. 2024 was ¥417 Mil. Hence, Zhejiang Langdi Group Co's Days Sales Outstanding for the three months ended in Mar. 2024 was 107.12.

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

SHSE:603726' s Days Sales Outstanding Range Over the Past 10 Years
Min: 61.72 Med: 68.39 Max: 100.63
Current: 100.63

During the past 13 years, Zhejiang Langdi Group Co's highest Days Sales Outstanding was 100.63. The lowest was 61.72. And the median was 68.39.

SHSE:603726's Days Sales Outstanding is ranked worse than
65.8% of 1646 companies
in the Construction industry
Industry Median: 73.13 vs SHSE:603726: 100.63

Zhejiang Langdi Group Co's Days Sales Outstanding increased from Mar. 2023 (101.96) to Mar. 2024 (107.12).

Zhejiang Langdi Group Co Days Sales Outstanding Historical Data

The historical data trend for Zhejiang Langdi 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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Zhejiang Langdi Group Co Days Sales Outstanding Chart

Zhejiang Langdi Group Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

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71.54

79.51

69.44

85.40

93.65

Zhejiang Langdi Group Co Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Days Sales Outstanding	Get a 7-Day Free Trial															101.96	83.70	97.85	117.19	107.12

Competitive Comparison of Zhejiang Langdi Group Co's Days Sales Outstanding

For the Building Products & Equipment subindustry, Zhejiang Langdi 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.

Zhejiang Langdi Group Co's Days Sales Outstanding Distribution in the Construction Industry

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

* The bar in red indicates where Zhejiang Langdi Group Co's Days Sales Outstanding falls into.

Zhejiang Langdi 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.

Zhejiang Langdi 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
=	( (390.377	+	446.484)	/	2 )	/	1630.806	*	365
=	418.4305					/	1630.806	*	365
=	93.65

Zhejiang Langdi Group 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
=	( (446.484	+	532.836)	/	2 )	/	417.107	*	365 / 4
=	489.66					/	417.107	*	365 / 4
=	107.12

Zhejiang Langdi Group Co (SHSE:603726) 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 Langdi Group Co Days Sales Outstanding Related Terms

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Zhejiang Langdi Group Co (SHSE:603726) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Zhejiang Langdi Group Co Ltd (SHSE:603726) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

N/A

Address

No 188, Jing 20 Road, Langxia Street, Zhejiang Province, Yuyao, CHN, 315480

Website

http://www.langdi.com

Zhejiang Langdi Group Co Ltd manufactures wheels of a household air conditioner and series fans for HVAT system and industrial equipment. It offers products including backward-curved wheels, backward-curved fans, and motors. The company's products are mainly air-conditioning blades and fans, which are mainly used in air-conditioning air circulation systems for internal and external air circulation.

Executives

Gao Yan Kang	Director
Lu Ya Bo	senior management
Liu Xin Huai	Director
Chen Sai Qiu	Director
Li Feng Quan	Director
Chen Hai Bo	senior management
Yang Zeng Quan	Director
Gao Wen Ming	Director
Li Jian Ping	Director
Wang Wei Li	Supervisors

Zhejiang Langdi Group Co (SHSE:603726) Headlines

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