Sichuan Zigong Conveying Machine Group Co (SZSE:001288) Days Sales Outstanding : 417.22 (As of Sep. 2024)

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What is Sichuan Zigong Conveying Machine Group Co Days Sales Outstanding?

Sichuan Zigong Conveying Machine Group Co's average Accounts Receivable for the three months ended in Sep. 2024 was ¥1,258 Mil. Sichuan Zigong Conveying Machine Group Co's Revenue for the three months ended in Sep. 2024 was ¥275 Mil. Hence, Sichuan Zigong Conveying Machine Group Co's Days Sales Outstanding for the three months ended in Sep. 2024 was 417.22.

The historical rank and industry rank for Sichuan Zigong Conveying Machine Group Co's Days Sales Outstanding or its related term are showing as below:

SZSE:001288' s Days Sales Outstanding Range Over the Past 10 Years
Min: 247.89 Med: 334.23 Max: 423.24
Current: 337.66

During the past 7 years, Sichuan Zigong Conveying Machine Group Co's highest Days Sales Outstanding was 423.24. The lowest was 247.89. And the median was 334.23.

SZSE:001288's Days Sales Outstanding is ranked worse than
97.15% of 2952 companies
in the Industrial Products industry
Industry Median: 80.12 vs SZSE:001288: 337.66

Sichuan Zigong Conveying Machine Group Co's Days Sales Outstanding declined from Sep. 2023 (523.26) to Sep. 2024 (417.22).

Sichuan Zigong Conveying Machine Group Co Days Sales Outstanding Historical Data

The historical data trend for Sichuan Zigong Conveying Machine 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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Sichuan Zigong Conveying Machine Group Co Days Sales Outstanding Chart

Sichuan Zigong Conveying Machine Group Co Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

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334.23

423.24

352.82

329.40

353.22

Sichuan Zigong Conveying Machine Group Co Quarterly Data
	Dec18	Dec19	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															523.26	238.70	412.61	349.93	417.22

Competitive Comparison of Sichuan Zigong Conveying Machine Group Co's Days Sales Outstanding

For the Specialty Industrial Machinery subindustry, Sichuan Zigong Conveying Machine 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.

Sichuan Zigong Conveying Machine Group Co's Days Sales Outstanding Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Sichuan Zigong Conveying Machine Group Co's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where Sichuan Zigong Conveying Machine Group Co's Days Sales Outstanding falls into.

Sichuan Zigong Conveying Machine 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.

Sichuan Zigong Conveying Machine 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
=	( (897.643	+	1141.248)	/	2 )	/	1053.456	*	365
=	1019.4455					/	1053.456	*	365
=	353.22

Sichuan Zigong Conveying Machine 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
=	( (1270.462	+	1245.447)	/	2 )	/	275.124	*	365 / 4
=	1257.9545					/	275.124	*	365 / 4
=	417.22

Sichuan Zigong Conveying Machine Group Co (SZSE:001288) Days Sales Outstanding Explanation

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

Sichuan Zigong Conveying Machine Group Co Days Sales Outstanding Related Terms

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Sichuan Zigong Conveying Machine Group Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Sichuan Zigong Conveying Machine Group Co Ltd (SZSE:001288) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

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Address

No. 3, Fuchuan Road, High-tech Industrial Park, Sichuan Province, Zigong, CHN, 643000

Website

http://www.zgcmc.com

Sichuan Zigong Conveying Machine Group Co Ltd is engaged in the research and development, design, production, and sales of complete sets of energy-saving and environmentally-friendly conveying machinery based on belt conveyors.

Executives

Ye Mao Qi

Supervisors

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