Jiangsu Wujin Stainless Steel Pipe Group Co (SHSE:603878) Days Sales Outstanding : 123.87 (As of Sep. 2024)

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What is Jiangsu Wujin Stainless Steel Pipe Group Co Days Sales Outstanding?

Jiangsu Wujin Stainless Steel Pipe Group Co's average Accounts Receivable for the three months ended in Sep. 2024 was ¥758 Mil. Jiangsu Wujin Stainless Steel Pipe Group Co's Revenue for the three months ended in Sep. 2024 was ¥558 Mil. Hence, Jiangsu Wujin Stainless Steel Pipe Group Co's Days Sales Outstanding for the three months ended in Sep. 2024 was 123.87.

The historical rank and industry rank for Jiangsu Wujin Stainless Steel Pipe Group Co's Days Sales Outstanding or its related term are showing as below:

SHSE:603878' s Days Sales Outstanding Range Over the Past 10 Years
Min: 64.23 Med: 70.89 Max: 105.96
Current: 94.67

During the past 13 years, Jiangsu Wujin Stainless Steel Pipe Group Co's highest Days Sales Outstanding was 105.96. The lowest was 64.23. And the median was 70.89.

SHSE:603878's Days Sales Outstanding is ranked worse than
85.27% of 611 companies
in the Steel industry
Industry Median: 49.65 vs SHSE:603878: 94.67

Jiangsu Wujin Stainless Steel Pipe Group Co's Days Sales Outstanding increased from Sep. 2023 (74.55) to Sep. 2024 (123.87).

Jiangsu Wujin Stainless Steel Pipe Group Co Days Sales Outstanding Historical Data

The historical data trend for Jiangsu Wujin Stainless Steel Pipe 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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Jiangsu Wujin Stainless Steel Pipe Group Co Days Sales Outstanding Chart

Jiangsu Wujin Stainless Steel Pipe Group Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

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66.56

69.97

66.02

71.10

64.23

Jiangsu Wujin Stainless Steel Pipe Group Co Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Days Sales Outstanding	Get a 7-Day Free Trial															74.55	81.58	89.95	89.29	123.87

Competitive Comparison of Jiangsu Wujin Stainless Steel Pipe Group Co's Days Sales Outstanding

For the Steel subindustry, Jiangsu Wujin Stainless Steel Pipe 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.

Jiangsu Wujin Stainless Steel Pipe Group Co's Days Sales Outstanding Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, Jiangsu Wujin Stainless Steel Pipe Group Co's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where Jiangsu Wujin Stainless Steel Pipe Group Co's Days Sales Outstanding falls into.

Jiangsu Wujin Stainless Steel Pipe 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.

Jiangsu Wujin Stainless Steel Pipe 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
=	( (601.706	+	635.475)	/	2 )	/	3515.517	*	365
=	618.5905					/	3515.517	*	365
=	64.23

Jiangsu Wujin Stainless Steel Pipe Group Co's Days Sales Outstanding for the quarter that ended in Sep. 2024 is calculated as:

	Days Sales Outstanding (Q: Sep. 2024 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Jun. 2024 )	+	Accounts Receivable (A: Sep. 2024 ))	/	count )	/	Revenue (A: Sep. 2024 )	*	Days in Period
=	( (764.881	+	751.215)	/	2 )	/	558.411	*	365 / 4
=	758.048					/	558.411	*	365 / 4
=	123.87

Jiangsu Wujin Stainless Steel Pipe Group Co (SHSE:603878) 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 Wujin Stainless Steel Pipe Group Co Days Sales Outstanding Related Terms

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Jiangsu Wujin Stainless Steel Pipe Group Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » Jiangsu Wujin Stainless Steel Pipe Group Co Ltd (SHSE:603878) » Definitions » Days Sales Outstanding

Traded in Other Exchanges

N/A

Address

No.1, Wucheng West Road, Wujin, Zhenglu Town, Tianning District, Jiangsu Province, Changzhou, CHN, 213111

Website

http://www.wjss.com.cn

Jiangsu Wujin Stainless Steel Pipe Group Co Ltd is engaged in manufacturing of stainless steel tube & pipe, fittings and flanges.

Executives

Wu Fang Min	Directors, senior managers
Wang Jin Rong	senior management
Zhou Zhi Bin	Directors, senior managers
Liu Yi Ming	senior management

Jiangsu Wujin Stainless Steel Pipe Group Co Headlines

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