Jiangsu Changqing Agrichemical Co (SZSE:002391) Days Sales Outstanding : 80.54 (As of Jun. 2024)

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What is Jiangsu Changqing Agrichemical Co Days Sales Outstanding?

Jiangsu Changqing Agrichemical Co's average Accounts Receivable for the three months ended in Jun. 2024 was ¥955 Mil. Jiangsu Changqing Agrichemical Co's Revenue for the three months ended in Jun. 2024 was ¥1,082 Mil. Hence, Jiangsu Changqing Agrichemical Co's Days Sales Outstanding for the three months ended in Jun. 2024 was 80.54.

The historical rank and industry rank for Jiangsu Changqing Agrichemical Co's Days Sales Outstanding or its related term are showing as below:

SZSE:002391' s Days Sales Outstanding Range Over the Past 10 Years
Min: 32.21 Med: 50.05 Max: 82.48
Current: 82.48

During the past 13 years, Jiangsu Changqing Agrichemical Co's highest Days Sales Outstanding was 82.48. The lowest was 32.21. And the median was 50.05.

SZSE:002391's Days Sales Outstanding is ranked worse than
56.9% of 239 companies
in the Agriculture industry
Industry Median: 70.8 vs SZSE:002391: 82.48

Jiangsu Changqing Agrichemical Co's Days Sales Outstanding increased from Jun. 2023 (68.91) to Jun. 2024 (80.54).

Jiangsu Changqing Agrichemical Co Days Sales Outstanding Historical Data

The historical data trend for Jiangsu Changqing Agrichemical 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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Jiangsu Changqing Agrichemical Co Days Sales Outstanding Chart

Jiangsu Changqing Agrichemical Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

Get a 7-Day Free Trial

40.17

57.55

47.16

44.76

55.65

Jiangsu Changqing Agrichemical Co Quarterly Data
	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24
Days Sales Outstanding	Get a 7-Day Free Trial															68.91	89.34	72.04	77.39	80.54

Competitive Comparison of Jiangsu Changqing Agrichemical Co's Days Sales Outstanding

For the Agricultural Inputs subindustry, Jiangsu Changqing Agrichemical 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.

Jiangsu Changqing Agrichemical Co's Days Sales Outstanding Distribution in the Agriculture Industry

For the Agriculture industry and Basic Materials sector, Jiangsu Changqing Agrichemical Co's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where Jiangsu Changqing Agrichemical Co's Days Sales Outstanding falls into.

Jiangsu Changqing Agrichemical 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.

Jiangsu Changqing Agrichemical 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
=	( (536.874	+	565.224)	/	2 )	/	3614.478	*	365
=	551.049					/	3614.478	*	365
=	55.65

Jiangsu Changqing Agrichemical Co's Days Sales Outstanding for the quarter that ended in Jun. 2024 is calculated as:

	Days Sales Outstanding (Q: Jun. 2024 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Mar. 2024 )	+	Accounts Receivable (A: Jun. 2024 ))	/	count )	/	Revenue (A: Jun. 2024 )	*	Days in Period
=	( (893.279	+	1016.431)	/	2 )	/	1081.784	*	365 / 4
=	954.855					/	1081.784	*	365 / 4
=	80.54

Jiangsu Changqing Agrichemical Co (SZSE:002391) Days Sales Outstanding Explanation

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

Jiangsu Changqing Agrichemical Co Days Sales Outstanding Related Terms

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Jiangsu Changqing Agrichemical Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Agriculture » Jiangsu Changqing Agrichemical Co Ltd (SZSE:002391) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

N/A

Address

Puto Town, Jiangsu City, Jiangsu, Jiangdu, CHN, 225218

Website

http://www.jscq.com

Jiangsu Changqing Agrichemical Co Ltd is a China-based company. It is engaged in the production of synthetic pesticides, pesticide intermediates, and other chemicals.

Executives

Xiao Gang	Securities Affairs Representative
Yu Guo Quan	Director
Huang Nan Zhang	Director
Lv Liang Zhong	Executives
Zhou Ru Xiang	Directors, executives
Zhou Xiu Lai	Supervisors
Yu Guo Qing	Director
Ji Zhi Yang	Supervisors
Ma Zhang Qing	Directors, executives
Sun Xia Lin	Executives
Du Gang	Executives
Kong Qing Zhu	Executives
Zhao Ting	Securities Affairs Representative

Jiangsu Changqing Agrichemical Co Headlines

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