Shandong Zhangqiu Blower Co (SZSE:002598) Days Sales Outstanding : 160.08 (As of Mar. 2024)

View and export this data going back to 2011. Start your Free Trial

What is Shandong Zhangqiu Blower Co Days Sales Outstanding?

Shandong Zhangqiu Blower Co's average Accounts Receivable for the three months ended in Mar. 2024 was ¥803 Mil. Shandong Zhangqiu Blower Co's Revenue for the three months ended in Mar. 2024 was ¥458 Mil. Hence, Shandong Zhangqiu Blower Co's Days Sales Outstanding for the three months ended in Mar. 2024 was 160.08.

The historical rank and industry rank for Shandong Zhangqiu Blower Co's Days Sales Outstanding or its related term are showing as below:

SZSE:002598' s Days Sales Outstanding Range Over the Past 10 Years
Min: 104.92 Med: 117.15 Max: 149.39
Current: 141.86

During the past 13 years, Shandong Zhangqiu Blower Co's highest Days Sales Outstanding was 149.39. The lowest was 104.92. And the median was 117.15.

SZSE:002598's Days Sales Outstanding is ranked worse than
82.63% of 2959 companies
in the Industrial Products industry
Industry Median: 79.62 vs SZSE:002598: 141.86

Shandong Zhangqiu Blower Co's Days Sales Outstanding increased from Mar. 2023 (126.42) to Mar. 2024 (160.08).

Shandong Zhangqiu Blower Co Days Sales Outstanding Historical Data

The historical data trend for Shandong Zhangqiu Blower 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.

* Premium members only.

Shandong Zhangqiu Blower Co Days Sales Outstanding Chart

Shandong Zhangqiu Blower Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

Get a 7-Day Free Trial

109.80

120.88

105.49

122.69

135.62

Shandong Zhangqiu Blower 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															126.42	146.39	144.51	119.99	160.08

Competitive Comparison of Shandong Zhangqiu Blower Co's Days Sales Outstanding

For the Specialty Industrial Machinery subindustry, Shandong Zhangqiu Blower 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.

Shandong Zhangqiu Blower Co's Days Sales Outstanding Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Shandong Zhangqiu Blower Co's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where Shandong Zhangqiu Blower Co's Days Sales Outstanding falls into.

Shandong Zhangqiu Blower 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.

Shandong Zhangqiu Blower 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
=	( (687.443	+	802.231)	/	2 )	/	2004.61	*	365
=	744.837					/	2004.61	*	365
=	135.62

Shandong Zhangqiu Blower 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
=	( (802.231	+	803.477)	/	2 )	/	457.642	*	365 / 4
=	802.854					/	457.642	*	365 / 4
=	160.08

Shandong Zhangqiu Blower Co (SZSE:002598) Days Sales Outstanding Explanation

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

Shandong Zhangqiu Blower Co Days Sales Outstanding Related Terms

Thank you for viewing the detailed overview of Shandong Zhangqiu Blower Co's Days Sales Outstanding provided by GuruFocus.com. Please click on the following links to see related term pages.

Shandong Zhangqiu Blower Co (SZSE:002598) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Shandong Zhangqiu Blower Co Ltd (SZSE:002598) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

N/A

Address

Mingshui Economic Development Zone, Shandong Province, Zhangqiu City, CHN, 250200

Website

http://www.blower.cn

Shandong Zhangqiu Blower Co Ltd operates in general equipment manufacturing industry. The products of the company include roots blowers, multi stage centrifugal blowers, and fans.

Executives

Liu Xin Quan	Supervisors
Niu Yu Sheng	Directors, executives
Fang Shu Peng	Directors, executives
Fang Run Gang	Director
Xu Chun Dong	Executives
Wang Chong Pu	Directors, executives
Gao Ke	Supervisors
Zhang Ying Qi	Directors, executives
Gao Yu Xin	Directors, executives
Xi Ji Xiang	Executives
Bai Ze Kui	Executives
Chen Chao	Secretary Dong
Liu Shi Hua	Director
Zhu Wen Bo	Director
Shen Neng Yao	Executives

Shandong Zhangqiu Blower Co (SZSE:002598) Headlines

No Headlines