JiangSu Changling Hydraulic Co (SHSE:605389) Days Sales Outstanding : 131.63 (As of Mar. 2024)

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What is JiangSu Changling Hydraulic Co Days Sales Outstanding?

JiangSu Changling Hydraulic Co's average Accounts Receivable for the three months ended in Mar. 2024 was ¥324.9 Mil. JiangSu Changling Hydraulic Co's Revenue for the three months ended in Mar. 2024 was ¥225.3 Mil. Hence, JiangSu Changling Hydraulic Co's Days Sales Outstanding for the three months ended in Mar. 2024 was 131.63.

The historical rank and industry rank for JiangSu Changling Hydraulic Co's Days Sales Outstanding or its related term are showing as below:

SHSE:605389' s Days Sales Outstanding Range Over the Past 10 Years
Min: 86.57 Med: 116.17 Max: 284.02
Current: 145.56

During the past 8 years, JiangSu Changling Hydraulic Co's highest Days Sales Outstanding was 284.02. The lowest was 86.57. And the median was 116.17.

SHSE:605389's Days Sales Outstanding is ranked worse than
83.53% of 2945 companies
in the Industrial Products industry
Industry Median: 79.82 vs SHSE:605389: 145.56

JiangSu Changling Hydraulic Co's Days Sales Outstanding declined from Mar. 2023 (154.64) to Mar. 2024 (131.63).

JiangSu Changling Hydraulic Co Days Sales Outstanding Historical Data

The historical data trend for JiangSu Changling Hydraulic 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 Changling Hydraulic Co Days Sales Outstanding Chart

JiangSu Changling Hydraulic Co Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

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102.03

94.17

111.86

127.36

146.57

JiangSu Changling Hydraulic Co Quarterly Data
	Dec17	Dec18	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															154.64	156.10	167.97	126.59	131.63

Competitive Comparison of JiangSu Changling Hydraulic Co's Days Sales Outstanding

For the Tools & Accessories subindustry, JiangSu Changling Hydraulic 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 Changling Hydraulic Co's Days Sales Outstanding Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, JiangSu Changling Hydraulic Co's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where JiangSu Changling Hydraulic Co's Days Sales Outstanding falls into.

JiangSu Changling Hydraulic 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 Changling Hydraulic 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
=	( (332.57	+	314.997)	/	2 )	/	806.314	*	365
=	323.7835					/	806.314	*	365
=	146.57

JiangSu Changling Hydraulic 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
=	( (314.997	+	334.89)	/	2 )	/	225.261	*	365 / 4
=	324.9435					/	225.261	*	365 / 4
=	131.63

JiangSu Changling Hydraulic Co (SHSE:605389) 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 Changling Hydraulic Co Days Sales Outstanding Related Terms

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JiangSu Changling Hydraulic Co (SHSE:605389) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » JiangSu Changling Hydraulic Co Ltd (SHSE:605389) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

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Address

885 Yungu Road, Yunting Street, Jiangsu Province, Jiangyin, CHN, 214422

Website

http://www.changlingmach.cn

JiangSu Changling Hydraulic Co Ltd is engaged in the research and development, production, and sales of key hydraulic components for construction machinery. The main products are hydraulic central rotary joints for construction machinery and hydraulic crawler tensioners, hydraulic valves and others.

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