Xinjiang Zhundong Petroleum Technology Co (SZSE:002207) Days Sales Outstanding : 154.46 (As of Mar. 2024)

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What is Xinjiang Zhundong Petroleum Technology Co Days Sales Outstanding?

Xinjiang Zhundong Petroleum Technology Co's average Accounts Receivable for the three months ended in Mar. 2024 was ¥70.5 Mil. Xinjiang Zhundong Petroleum Technology Co's Revenue for the three months ended in Mar. 2024 was ¥41.6 Mil. Hence, Xinjiang Zhundong Petroleum Technology Co's Days Sales Outstanding for the three months ended in Mar. 2024 was 154.46.

The historical rank and industry rank for Xinjiang Zhundong Petroleum Technology Co's Days Sales Outstanding or its related term are showing as below:

SZSE:002207' s Days Sales Outstanding Range Over the Past 10 Years
Min: 67.13 Med: 189.05 Max: 254.31
Current: 67.13

During the past 13 years, Xinjiang Zhundong Petroleum Technology Co's highest Days Sales Outstanding was 254.31. The lowest was 67.13. And the median was 189.05.

SZSE:002207's Days Sales Outstanding is ranked worse than
65.88% of 935 companies
in the Oil & Gas industry
Industry Median: 49.24 vs SZSE:002207: 67.13

Xinjiang Zhundong Petroleum Technology Co's Days Sales Outstanding declined from Mar. 2023 (219.58) to Mar. 2024 (154.46).

Xinjiang Zhundong Petroleum Technology Co Days Sales Outstanding Historical Data

The historical data trend for Xinjiang Zhundong Petroleum 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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Xinjiang Zhundong Petroleum Technology Co Days Sales Outstanding Chart

Xinjiang Zhundong Petroleum Technology Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

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161.99

195.34

165.22

192.20

137.91

Xinjiang Zhundong Petroleum Technology 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															219.58	51.74	55.17	63.22	154.46

Competitive Comparison of Xinjiang Zhundong Petroleum Technology Co's Days Sales Outstanding

For the Oil & Gas Equipment & Services subindustry, Xinjiang Zhundong Petroleum 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.

Xinjiang Zhundong Petroleum Technology Co's Days Sales Outstanding Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Xinjiang Zhundong Petroleum Technology Co's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where Xinjiang Zhundong Petroleum Technology Co's Days Sales Outstanding falls into.

Xinjiang Zhundong Petroleum 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.

Xinjiang Zhundong Petroleum 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
=	( (110.526	+	94.83)	/	2 )	/	271.754	*	365
=	102.678					/	271.754	*	365
=	137.91

Xinjiang Zhundong Petroleum 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
=	( (94.83	+	46.102)	/	2 )	/	41.629	*	365 / 4
=	70.466					/	41.629	*	365 / 4
=	154.46

Xinjiang Zhundong Petroleum Technology Co (SZSE:002207) Days Sales Outstanding Explanation

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

Xinjiang Zhundong Petroleum Technology Co Days Sales Outstanding Related Terms

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Xinjiang Zhundong Petroleum Technology Co (SZSE:002207) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Xinjiang Zhundong Petroleum Technology Co Ltd (SZSE:002207) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 251 Youyi Road, Xinjiang Uygur Autonomous Region, Karamay, CHN, 831511

Website

http://www.zygf.com.cn

Xinjiang Zhundong Petroleum Technology Co Ltd is engaged in providing oilfield dynamic monitoring and enhanced oil recovery technology services for oil and natural gas mining enterprises. The business of the company includes petroleum technology services, transportation services, and sales of chemical products. The services include well testing, production testing, water shutoff, profile control, and coiled tubing operations.

Executives

Lv Zhan Min	Directors, Directors, and Executives
Jian Wei	Directors, executives
Ai Ke Bai Er Mai Mai Ti	Supervisors
Zhao Shu Zhi	Supervisors
Shi Qiang	Executives
Gu Yu Rong	Independent director
Wang Yu Xin	Executives
Cao Hao	Director
Liu Jun	Supervisors
Zuo Jun	Supervisors
Ai Ke Bai Er Mai Mai Ti	Supervisors
Ding Hao	Supervisors
Xu Wen Shi	Executives
Chang Wen Jiu	Directors, executives
Tao Wei	Supervisors

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