Shenzhen Jieshun Science and Technology Industry Co (SZSE:002609) Days Sales Outstanding : 203.56 (As of Mar. 2024)

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What is Shenzhen Jieshun Science and Technology Industry Co Days Sales Outstanding?

Shenzhen Jieshun Science and Technology Industry Co's average Accounts Receivable for the three months ended in Mar. 2024 was ¥534 Mil. Shenzhen Jieshun Science and Technology Industry Co's Revenue for the three months ended in Mar. 2024 was ¥239 Mil. Hence, Shenzhen Jieshun Science and Technology Industry Co's Days Sales Outstanding for the three months ended in Mar. 2024 was 203.56.

The historical rank and industry rank for Shenzhen Jieshun Science and Technology Industry Co's Days Sales Outstanding or its related term are showing as below:

SZSE:002609' s Days Sales Outstanding Range Over the Past 10 Years
Min: 50.23 Med: 143.24 Max: 207.2
Current: 134.79

During the past 13 years, Shenzhen Jieshun Science and Technology Industry Co's highest Days Sales Outstanding was 207.20. The lowest was 50.23. And the median was 143.24.

SZSE:002609's Days Sales Outstanding is ranked worse than
85.53% of 2460 companies
in the Hardware industry
Industry Median: 74.5 vs SZSE:002609: 134.79

Shenzhen Jieshun Science and Technology Industry Co's Days Sales Outstanding declined from Mar. 2023 (270.55) to Mar. 2024 (203.56).

Shenzhen Jieshun Science and Technology Industry Co Days Sales Outstanding Historical Data

The historical data trend for Shenzhen Jieshun Science and Technology Industry 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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Shenzhen Jieshun Science and Technology Industry Co Days Sales Outstanding Chart

Shenzhen Jieshun Science and Technology Industry Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

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152.32

166.03

181.96

207.20

144.79

Shenzhen Jieshun Science and Technology Industry 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															270.55	140.30	158.86	95.16	203.56

Competitive Comparison of Shenzhen Jieshun Science and Technology Industry Co's Days Sales Outstanding

For the Scientific & Technical Instruments subindustry, Shenzhen Jieshun Science and Technology Industry 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.

Shenzhen Jieshun Science and Technology Industry Co's Days Sales Outstanding Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Shenzhen Jieshun Science and Technology Industry Co's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where Shenzhen Jieshun Science and Technology Industry Co's Days Sales Outstanding falls into.

Shenzhen Jieshun Science and Technology Industry 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.

Shenzhen Jieshun Science and Technology Industry 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
=	( (720.422	+	584.494)	/	2 )	/	1644.76	*	365
=	652.458					/	1644.76	*	365
=	144.79

Shenzhen Jieshun Science and Technology Industry 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
=	( (584.494	+	483.163)	/	2 )	/	239.302	*	365 / 4
=	533.8285					/	239.302	*	365 / 4
=	203.56

Shenzhen Jieshun Science and Technology Industry Co (SZSE:002609) Days Sales Outstanding Explanation

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

Shenzhen Jieshun Science and Technology Industry Co Days Sales Outstanding Related Terms

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Shenzhen Jieshun Science and Technology Industry Co (SZSE:002609) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Shenzhen Jieshun Science and Technology Industry Co Ltd (SZSE:002609) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 10, Longwei Road, Meilin Street, Jieshun Technology, Futian District, Guangdong Province, Shenzhen, CHN, 518049

Website

http://www.jieshun.cn

Shenzhen Jieshun Science and Technology Industry Co Ltd is a China-based access control and management company. It offers a full range of equipment and intelligent security system solutions. The company offers products in the categories of parking management system, parking guidance system, access control system, pedestrian gate, barrier gate, and road blocker. Its solutions portfolio includes all in one card solution, turnstile with ESD testing solution, biological recognition solution, and card retriever solution.

Executives

Wang Heng Bo	Directors, executives
Zhao Yong	Directors, executives
Tang Jian	Director
Liu Cui Ying	Directors, executives
An He Nan	Independent director
Li Min	Executives
Xu Zhao Lin	Executives
He Jun	Executives
Xiong Xiang Hua	Executives
Xu Jian Sheng	Supervisors
Huang Hua Yin	Executives
Li Ran	Executives
Zhou Yu	Directors, executives
Ye Lei	Executives
Chen Yi Lin	Executives

Shenzhen Jieshun Science and Technology Industry Co (SZSE:002609) Headlines

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