Beijing Kingee Culture Development Co (SZSE:002721) Days Sales Outstanding : 12.51 (As of Mar. 2024)

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What is Beijing Kingee Culture Development Co Days Sales Outstanding?

Beijing Kingee Culture Development Co's average Accounts Receivable for the three months ended in Mar. 2024 was ¥17 Mil. Beijing Kingee Culture Development Co's Revenue for the three months ended in Mar. 2024 was ¥126 Mil. Hence, Beijing Kingee Culture Development Co's Days Sales Outstanding for the three months ended in Mar. 2024 was 12.51.

The historical rank and industry rank for Beijing Kingee Culture Development Co's Days Sales Outstanding or its related term are showing as below:

SZSE:002721' s Days Sales Outstanding Range Over the Past 10 Years
Min: 37.88 Med: 115.7 Max: 345.31
Current: 45.78

During the past 13 years, Beijing Kingee Culture Development Co's highest Days Sales Outstanding was 345.31. The lowest was 37.88. And the median was 115.70.

SZSE:002721's Days Sales Outstanding is ranked worse than
75.88% of 1078 companies
in the Retail - Cyclical industry
Industry Median: 17.66 vs SZSE:002721: 45.78

Beijing Kingee Culture Development Co's Days Sales Outstanding declined from Mar. 2023 (44.60) to Mar. 2024 (12.51).

Beijing Kingee Culture Development Co Days Sales Outstanding Historical Data

The historical data trend for Beijing Kingee Culture Development 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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Beijing Kingee Culture Development Co Days Sales Outstanding Chart

Beijing Kingee Culture Development Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

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139.09

345.31

337.78

258.18

37.88

Beijing Kingee Culture Development 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															44.60	69.45	39.29	44.32	12.51

Competitive Comparison of Beijing Kingee Culture Development Co's Days Sales Outstanding

For the Luxury Goods subindustry, Beijing Kingee Culture Development 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.

Beijing Kingee Culture Development Co's Days Sales Outstanding Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Beijing Kingee Culture Development Co's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where Beijing Kingee Culture Development Co's Days Sales Outstanding falls into.

Beijing Kingee Culture Development 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.

Beijing Kingee Culture Development 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
=	( (298.225	+	14.392)	/	2 )	/	1506.191	*	365
=	156.3085					/	1506.191	*	365
=	37.88

Beijing Kingee Culture Development 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
=	( (14.392	+	20.048)	/	2 )	/	125.612	*	365 / 4
=	17.22					/	125.612	*	365 / 4
=	12.51

Beijing Kingee Culture Development Co (SZSE:002721) Days Sales Outstanding Explanation

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

Beijing Kingee Culture Development Co Days Sales Outstanding Related Terms

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Beijing Kingee Culture Development Co (SZSE:002721) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Beijing Kingee Culture Development Co Ltd (SZSE:002721) » Definitions » Days Sales Outstanding

Traded in Other Exchanges

N/A

Address

No. A2 Fuxingmenwai street, Room 515, Zhonghua Building, Western District, Beijing, CHN, 100045

Website

http://www.e-kingee.com

Beijing Kingee Culture Development Co Ltd is a Chinese company engaged in the development of precious metals handicrafts and jewelry. It carries the activities of wholesale, retail, and supply chain services in China. The company offers ornaments, customized jewelry and product package.

Beijing Kingee Culture Development Co (SZSE:002721) Headlines

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