Inner Mongolia OJing Science & Technology Co (SZSE:001269) Days Sales Outstanding : 141.48 (As of Mar. 2024)

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What is Inner Mongolia OJing Science & Technology Co Days Sales Outstanding?

Inner Mongolia OJing Science & Technology Co's average Accounts Receivable for the three months ended in Mar. 2024 was ¥527 Mil. Inner Mongolia OJing Science & Technology Co's Revenue for the three months ended in Mar. 2024 was ¥340 Mil. Hence, Inner Mongolia OJing Science & Technology Co's Days Sales Outstanding for the three months ended in Mar. 2024 was 141.48.

The historical rank and industry rank for Inner Mongolia OJing Science & Technology Co's Days Sales Outstanding or its related term are showing as below:

SZSE:001269' s Days Sales Outstanding Range Over the Past 10 Years
Min: 66.55 Med: 88.44 Max: 124.88
Current: 78.32

During the past 9 years, Inner Mongolia OJing Science & Technology Co's highest Days Sales Outstanding was 124.88. The lowest was 66.55. And the median was 88.44.

SZSE:001269's Days Sales Outstanding is ranked worse than
67.38% of 981 companies
in the Semiconductors industry
Industry Median: 62.55 vs SZSE:001269: 78.32

Inner Mongolia OJing Science & Technology Co's Days Sales Outstanding increased from Mar. 2023 (85.47) to Mar. 2024 (141.48).

Warning Sign:

If a company's sales outstanding increases, it means it has difficulty collecting payments from its customers.

Inner Mongolia OJing Science & Technology Co Days Sales Outstanding Historical Data

The historical data trend for Inner Mongolia OJing Science & Technology 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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Inner Mongolia OJing Science & Technology Co Days Sales Outstanding Chart

Inner Mongolia OJing Science & Technology Co Annual Data

Trend

Dec13

Dec14

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

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124.88

116.83

72.03

88.44

74.02

Inner Mongolia OJing Science & Technology Co Quarterly Data
	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Days Sales Outstanding	Get a 7-Day Free Trial															85.47	77.58	69.60	75.41	141.48

Competitive Comparison of Inner Mongolia OJing Science & Technology Co's Days Sales Outstanding

For the Semiconductor Equipment & Materials subindustry, Inner Mongolia OJing Science & Technology 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.

Inner Mongolia OJing Science & Technology Co's Days Sales Outstanding Distribution in the Semiconductors Industry

For the Semiconductors industry and Technology sector, Inner Mongolia OJing Science & Technology Co's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where Inner Mongolia OJing Science & Technology Co's Days Sales Outstanding falls into.

Inner Mongolia OJing Science & Technology 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.

Inner Mongolia OJing Science & Technology 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
=	( (535.119	+	734.092)	/	2 )	/	3129.349	*	365
=	634.6055					/	3129.349	*	365
=	74.02

Inner Mongolia OJing Science & Technology 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
=	( (734.092	+	320.009)	/	2 )	/	339.921	*	365 / 4
=	527.0505					/	339.921	*	365 / 4
=	141.48

Inner Mongolia OJing Science & Technology Co (SZSE:001269) Days Sales Outstanding Explanation

For retailers, when we compare Days Sales Outstanding, it is important to compare the same period in the previous years.

Inner Mongolia OJing Science & Technology Co Days Sales Outstanding Related Terms

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Inner Mongolia OJing Science & Technology Co (SZSE:001269) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » Inner Mongolia OJing Science & Technology Co Ltd (SZSE:001269) » Definitions » Days Sales Outstanding

Traded in Other Exchanges

N/A

Address

No. 31, Amur South Street, Inner Mongolia Autonomous Region, Saihan District, Hohhot, CHN, 010070

Website

http://www.ojingquartz.com

Inner Mongolia OJing Science & Technology Co Ltd is is mainly engaged in the research and development and production of quartz crucibles, the manufacture of quartz parts, the cleaning of silicon materials, and the online recycling and processing of silicon wafer cutting fluids. The company's products and services are widely used in the photovoltaic and semiconductor industries.

Inner Mongolia OJing Science & Technology Co (SZSE:001269) Headlines

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