Shanghai Zhezhong Group Co (SZSE:002346) Days Sales Outstanding : 319.45 (As of Mar. 2024)

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What is Shanghai Zhezhong Group Co Days Sales Outstanding?

Shanghai Zhezhong Group Co's average Accounts Receivable for the three months ended in Mar. 2024 was ¥572 Mil. Shanghai Zhezhong Group Co's Revenue for the three months ended in Mar. 2024 was ¥164 Mil. Hence, Shanghai Zhezhong Group Co's Days Sales Outstanding for the three months ended in Mar. 2024 was 319.45.

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

SZSE:002346' s Days Sales Outstanding Range Over the Past 10 Years
Min: 157.89 Med: 212.14 Max: 263.66
Current: 157.89

During the past 13 years, Shanghai Zhezhong Group Co's highest Days Sales Outstanding was 263.66. The lowest was 157.89. And the median was 212.14.

SZSE:002346's Days Sales Outstanding is ranked worse than
86.03% of 2957 companies
in the Industrial Products industry
Industry Median: 79.63 vs SZSE:002346: 157.89

Shanghai Zhezhong Group Co's Days Sales Outstanding increased from Mar. 2023 (281.47) to Mar. 2024 (319.45).

Shanghai Zhezhong Group Co Days Sales Outstanding Historical Data

The historical data trend for Shanghai Zhezhong 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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Shanghai Zhezhong Group Co Days Sales Outstanding Chart

Shanghai Zhezhong Group Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

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263.66

206.91

215.40

239.00

186.24

Shanghai Zhezhong Group 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															281.47	176.59	285.23	79.90	319.45

Competitive Comparison of Shanghai Zhezhong Group Co's Days Sales Outstanding

For the Electrical Equipment & Parts subindustry, Shanghai Zhezhong 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.

Shanghai Zhezhong Group Co's Days Sales Outstanding Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Shanghai Zhezhong Group Co's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where Shanghai Zhezhong Group Co's Days Sales Outstanding falls into.

Shanghai Zhezhong 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.

Shanghai Zhezhong 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
=	( (495.912	+	650.063)	/	2 )	/	1122.938	*	365
=	572.9875					/	1122.938	*	365
=	186.24

Shanghai Zhezhong Group 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
=	( (650.063	+	494.898)	/	2 )	/	163.53	*	365 / 4
=	572.4805					/	163.53	*	365 / 4
=	319.45

Shanghai Zhezhong Group Co (SZSE:002346) Days Sales Outstanding Explanation

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

Shanghai Zhezhong Group Co Days Sales Outstanding Related Terms

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Shanghai Zhezhong Group Co (SZSE:002346) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Shanghai Zhezhong Group Co Ltd (SZSE:002346) » Definitions » Days Sales Outstanding

Traded in Other Exchanges

N/A

Address

No. 368 Canggong Road, Fengxian District, Chemical Industry Park, Shanghai, CHN, 201402

Website

http://www.ch-zzcc.com

Shanghai Zhezhong Group Co Ltd manufactures and sells sets of switching equipment in China. It offers sets of switchgear, control equipment, and box-type substation.

Executives

Wu Cheng Min	Supervisors
Ma Yu Hua	Directors, executives
Tang Wen Hua	Supervisors
Yu Mei	Supervisors
Tang Yi Bo	Supervisors
Huang Dong	Supervisors
Ji Ji Ping	Director

Shanghai Zhezhong Group Co (SZSE:002346) Headlines

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