Jiangsu Hagong Intelligent Robot Co (SZSE:000584) Days Sales Outstanding : 93.27 (As of Mar. 2024)

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What is Jiangsu Hagong Intelligent Robot Co Days Sales Outstanding?

Jiangsu Hagong Intelligent Robot Co's average Accounts Receivable for the three months ended in Mar. 2024 was ¥438 Mil. Jiangsu Hagong Intelligent Robot Co's Revenue for the three months ended in Mar. 2024 was ¥428 Mil. Hence, Jiangsu Hagong Intelligent Robot Co's Days Sales Outstanding for the three months ended in Mar. 2024 was 93.27.

The historical rank and industry rank for Jiangsu Hagong Intelligent Robot Co's Days Sales Outstanding or its related term are showing as below:

SZSE:000584' s Days Sales Outstanding Range Over the Past 10 Years
Min: 2.31 Med: 55.45 Max: 104.17
Current: 55.26

During the past 13 years, Jiangsu Hagong Intelligent Robot Co's highest Days Sales Outstanding was 104.17. The lowest was 2.31. And the median was 55.45.

SZSE:000584's Days Sales Outstanding is ranked better than
76.9% of 2952 companies
in the Industrial Products industry
Industry Median: 79.815 vs SZSE:000584: 55.26

Jiangsu Hagong Intelligent Robot Co's Days Sales Outstanding increased from Mar. 2023 (80.98) to Mar. 2024 (93.27).

Jiangsu Hagong Intelligent Robot Co Days Sales Outstanding Historical Data

The historical data trend for Jiangsu Hagong Intelligent Robot 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 Hagong Intelligent Robot Co Days Sales Outstanding Chart

Jiangsu Hagong Intelligent Robot Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

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87.99

104.17

86.34

76.62

69.32

Jiangsu Hagong Intelligent Robot 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															80.98	41.97	58.32	46.09	93.27

Competitive Comparison of Jiangsu Hagong Intelligent Robot Co's Days Sales Outstanding

For the Specialty Industrial Machinery subindustry, Jiangsu Hagong Intelligent Robot 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 Hagong Intelligent Robot Co's Days Sales Outstanding Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Jiangsu Hagong Intelligent Robot Co's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where Jiangsu Hagong Intelligent Robot Co's Days Sales Outstanding falls into.

Jiangsu Hagong Intelligent Robot 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 Hagong Intelligent Robot 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
=	( (371.762	+	459.249)	/	2 )	/	2187.855	*	365
=	415.5055					/	2187.855	*	365
=	69.32

Jiangsu Hagong Intelligent Robot 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
=	( (459.249	+	416.082)	/	2 )	/	428.187	*	365 / 4
=	437.6655					/	428.187	*	365 / 4
=	93.27

Jiangsu Hagong Intelligent Robot Co (SZSE:000584) 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 Hagong Intelligent Robot Co Days Sales Outstanding Related Terms

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Jiangsu Hagong Intelligent Robot Co (SZSE:000584) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Jiangsu Hagong Intelligent Robot Co Ltd (SZSE:000584) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 1799 Wuzhong Road, No. 808, 8th Floor, Block D, The Mixc, Minhang District, Shanghai, CHN

Website

http://www.hgzngroup.com

Jiangsu Hagong Intelligent Robot Co Ltd is a company with high-end intelligent manufacturing and industrial robots as its main business and artificial intelligence as its research direction. It includes three sections namely high-end intelligent equipment manufacturing, one-stop cloud service platform of industrial robots and artificial intelligence robots.

Executives

Wang Da Yong	Executives
Ma Pei Lin	Director
Pan Su Ming	Directors, Directors, and Executives
Hong Fu Sheng	Director

Jiangsu Hagong Intelligent Robot Co (SZSE:000584) Headlines

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