Jiangsu Fasten Co (SZSE:000890) Days Sales Outstanding : 284.97 (As of Sep. 2024)

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What is Jiangsu Fasten Co Days Sales Outstanding?

Jiangsu Fasten Co's average Accounts Receivable for the three months ended in Sep. 2024 was ¥232.6 Mil. Jiangsu Fasten Co's Revenue for the three months ended in Sep. 2024 was ¥74.5 Mil. Hence, Jiangsu Fasten Co's Days Sales Outstanding for the three months ended in Sep. 2024 was 284.97.

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

SZSE:000890' s Days Sales Outstanding Range Over the Past 10 Years
Min: 48.48 Med: 121.15 Max: 261.64
Current: 261.64

During the past 13 years, Jiangsu Fasten Co's highest Days Sales Outstanding was 261.64. The lowest was 48.48. And the median was 121.15.

SZSE:000890's Days Sales Outstanding is ranked worse than
96.56% of 611 companies
in the Steel industry
Industry Median: 49.65 vs SZSE:000890: 261.64

Jiangsu Fasten Co's Days Sales Outstanding increased from Sep. 2023 (240.06) to Sep. 2024 (284.97).

Jiangsu Fasten Co Days Sales Outstanding Historical Data

The historical data trend for Jiangsu Fasten 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 Fasten Co Days Sales Outstanding Chart

Jiangsu Fasten Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

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62.89

97.18

116.83

173.13

241.63

Jiangsu Fasten 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															240.06	260.31	228.74	296.20	284.97

Competitive Comparison of Jiangsu Fasten Co's Days Sales Outstanding

For the Steel subindustry, Jiangsu Fasten 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 Fasten Co's Days Sales Outstanding Distribution in the Steel Industry

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

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

Jiangsu Fasten 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 Fasten 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
=	( (323.119	+	267.299)	/	2 )	/	445.93	*	365
=	295.209					/	445.93	*	365
=	241.63

Jiangsu Fasten 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
=	( (247.389	+	217.887)	/	2 )	/	74.494	*	365 / 4
=	232.638					/	74.494	*	365 / 4
=	284.97

Jiangsu Fasten Co (SZSE:000890) 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 Fasten Co Days Sales Outstanding Related Terms

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Jiangsu Fasten Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » Jiangsu Fasten Co Ltd (SZSE:000890) » Definitions » Days Sales Outstanding

Traded in Other Exchanges

N/A

Address

No. 165, Chengjiang Middle Road, Jiangsu Province, Jiangyin, CHN, 214434

Website

http://www.fasten.com.cn

Jiangsu Fasten Co Ltd is a China-based company mainly engaged in commercial factoring, fine optimization of metal products, bridge cable products and infrastructure materials manufacturing and sales. The company offers steel wires, stranded steel wires, stainless steel silk products, and steel-cables; fiber and cable products.

Executives

Huang Xiao Juan	Supervisors
Zhu Gang	Supervisors
Zhao Jun	Directors, executives
Cao Yu	Director
Liu Li Hua	Director
Tang Fu Ru	Supervisors
Liu Yin	Director
Liang Le Tian	Executives
Zhou Jian Song	Director
Wu Yu Jun	Executives

Jiangsu Fasten Co Headlines

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