Zhongshan Broad-ocean Motor Co (SZSE:002249) Days Sales Outstanding : 90.06 (As of Mar. 2024)

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What is Zhongshan Broad-ocean Motor Co Days Sales Outstanding?

Zhongshan Broad-ocean Motor Co's average Accounts Receivable for the three months ended in Mar. 2024 was ¥2,686 Mil. Zhongshan Broad-ocean Motor Co's Revenue for the three months ended in Mar. 2024 was ¥2,722 Mil. Hence, Zhongshan Broad-ocean Motor Co's Days Sales Outstanding for the three months ended in Mar. 2024 was 90.06.

The historical rank and industry rank for Zhongshan Broad-ocean Motor Co's Days Sales Outstanding or its related term are showing as below:

SZSE:002249' s Days Sales Outstanding Range Over the Past 10 Years
Min: 52.96 Med: 80.9 Max: 107.89
Current: 86.11

During the past 13 years, Zhongshan Broad-ocean Motor Co's highest Days Sales Outstanding was 107.89. The lowest was 52.96. And the median was 80.90.

SZSE:002249's Days Sales Outstanding is ranked worse than
76.71% of 1275 companies
in the Vehicles & Parts industry
Industry Median: 60.34 vs SZSE:002249: 86.11

Zhongshan Broad-ocean Motor Co's Days Sales Outstanding increased from Mar. 2023 (80.97) to Mar. 2024 (90.06).

Zhongshan Broad-ocean Motor Co Days Sales Outstanding Historical Data

The historical data trend for Zhongshan Broad-ocean Motor 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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Zhongshan Broad-ocean Motor Co Days Sales Outstanding Chart

Zhongshan Broad-ocean Motor Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

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107.89

96.05

81.29

80.23

80.51

Zhongshan Broad-ocean Motor 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															80.97	80.91	86.77	89.47	90.06

Competitive Comparison of Zhongshan Broad-ocean Motor Co's Days Sales Outstanding

For the Auto Parts subindustry, Zhongshan Broad-ocean Motor 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.

Zhongshan Broad-ocean Motor Co's Days Sales Outstanding Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Zhongshan Broad-ocean Motor Co's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where Zhongshan Broad-ocean Motor Co's Days Sales Outstanding falls into.

Zhongshan Broad-ocean Motor 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.

Zhongshan Broad-ocean Motor 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
=	( (2327.696	+	2652.01)	/	2 )	/	11288.224	*	365
=	2489.853					/	11288.224	*	365
=	80.51

Zhongshan Broad-ocean Motor 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
=	( (2652.01	+	2720.825)	/	2 )	/	2721.807	*	365 / 4
=	2686.4175					/	2721.807	*	365 / 4
=	90.06

Zhongshan Broad-ocean Motor Co (SZSE:002249) Days Sales Outstanding Explanation

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

Zhongshan Broad-ocean Motor Co Days Sales Outstanding Related Terms

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Zhongshan Broad-ocean Motor Co (SZSE:002249) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Zhongshan Broad-ocean Motor Co Ltd (SZSE:002249) » Definitions » Days Sales Outstanding

Traded in Other Exchanges

N/A

Address

The Third Industrial Zone, Shalang, West District, Zhongshan, Guangdong, CHN, 528411

Website

http://www.broad-ocean.com

Zhongshan Broad-ocean Motor Co Ltd operates in motor and drive system industry. The company is engaged in development and production of motors which include new energy vehicle powertrain system, hydrogen fuel cell system, hydrogen engine system, and vehicle rotating electrical appliances.

Executives

Lu Chu Ping	Director
Liu Zi Wen	Executives
Xiong Jie Ming	Executives
Wu Xiao Yun	Executives
Lan Jiang	Supervisors
Zhang Yun Long	Director
Xu Hai Ming	Directors, executives
Wang Wen Li	Director
Xu Yan Dong	Supervisors
Gong Jun	Director
Qu Ming	Supervisors
Yu Jin Song	Independent director
Wang Zhen Biao	Supervisors
Yan Zhan Hua	Executives
Peng Hui	Director

Zhongshan Broad-ocean Motor Co (SZSE:002249) Headlines

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