Shenzhen Jingquanhua Electronics Co (SZSE:002885) Days Sales Outstanding : 114.84 (As of Mar. 2024)

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What is Shenzhen Jingquanhua Electronics Co Days Sales Outstanding?

Shenzhen Jingquanhua Electronics Co's average Accounts Receivable for the three months ended in Mar. 2024 was ¥733 Mil. Shenzhen Jingquanhua Electronics Co's Revenue for the three months ended in Mar. 2024 was ¥582 Mil. Hence, Shenzhen Jingquanhua Electronics Co's Days Sales Outstanding for the three months ended in Mar. 2024 was 114.84.

The historical rank and industry rank for Shenzhen Jingquanhua Electronics Co's Days Sales Outstanding or its related term are showing as below:

SZSE:002885' s Days Sales Outstanding Range Over the Past 10 Years
Min: 75.28 Med: 103.44 Max: 120.89
Current: 120.89

During the past 11 years, Shenzhen Jingquanhua Electronics Co's highest Days Sales Outstanding was 120.89. The lowest was 75.28. And the median was 103.44.

SZSE:002885's Days Sales Outstanding is ranked worse than
81.18% of 2460 companies
in the Hardware industry
Industry Median: 74.04 vs SZSE:002885: 120.89

Shenzhen Jingquanhua Electronics Co's Days Sales Outstanding increased from Mar. 2023 (108.73) to Mar. 2024 (114.84).

Shenzhen Jingquanhua Electronics Co Days Sales Outstanding Historical Data

The historical data trend for Shenzhen Jingquanhua Electronics 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 Jingquanhua Electronics Co Days Sales Outstanding Chart

Shenzhen Jingquanhua Electronics Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

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97.85

113.04

101.94

110.28

116.98

Shenzhen Jingquanhua Electronics 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															108.73	129.50	120.06	112.70	114.84

Competitive Comparison of Shenzhen Jingquanhua Electronics Co's Days Sales Outstanding

For the Electronic Components subindustry, Shenzhen Jingquanhua Electronics 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 Jingquanhua Electronics Co's Days Sales Outstanding Distribution in the Hardware Industry

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

* The bar in red indicates where Shenzhen Jingquanhua Electronics Co's Days Sales Outstanding falls into.

Shenzhen Jingquanhua Electronics 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 Jingquanhua Electronics 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
=	( (917.971	+	744.499)	/	2 )	/	2593.606	*	365
=	831.235					/	2593.606	*	365
=	116.98

Shenzhen Jingquanhua Electronics 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
=	( (744.499	+	721.638)	/	2 )	/	582.488	*	365 / 4
=	733.0685					/	582.488	*	365 / 4
=	114.84

Shenzhen Jingquanhua Electronics Co (SZSE:002885) 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 Jingquanhua Electronics Co Days Sales Outstanding Related Terms

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Shenzhen Jingquanhua Electronics Co (SZSE:002885) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Shenzhen Jingquanhua Electronics Co Ltd (SZSE:002885) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 325, Guiyue Road, Jingquanhua Industrial Area, Longhua District, Guangdong Province, Shenzhen, CHN, 518110

Website

http://www.everrise.net

Shenzhen Jingquanhua Electronics Co Ltd provides customized design, manufacture and sales of electromagnetic components, power supplies and specialized transformers in China. Its products portfolio includes high frequency transformers, low frequency transformers, power adaptors, open frame power supplies, PV inverters, smart digital power supplies, three phase transformers and specialized reactors. Its products have been widely and successfully used in home appliances, consumer electronics, UPS power application, LED lighting, telecom, and PV inverter application.

Executives

Li Zhan Gong	Directors, executives
Ju Wan Jin	Directors, executives
Wang Zhao Hua	Directors, executives
Zhang Li Pin	Director
He Shi Ping	Supervisors
Xie Guang Yuan	Supervisors
Zhang Li Yang	Director
Cheng Yang	Director
Gao An Min	Executives
Dou Xiao Yue	Executives
Lv Xiao Rong	Supervisors

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