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Jinlihua Electric Co (SZSE:300069) Days Sales Outstanding : 73.30 (As of Jun. 2024)


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What is Jinlihua Electric Co Days Sales Outstanding?

Jinlihua Electric Co's average Accounts Receivable for the three months ended in Jun. 2024 was ¥47.3 Mil. Jinlihua Electric Co's Revenue for the three months ended in Jun. 2024 was ¥58.8 Mil. Hence, Jinlihua Electric Co's Days Sales Outstanding for the three months ended in Jun. 2024 was 73.30.

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

SZSE:300069' s Days Sales Outstanding Range Over the Past 10 Years
Min: 81.26   Med: 219.93   Max: 288.64
Current: 81.26

During the past 13 years, Jinlihua Electric Co's highest Days Sales Outstanding was 288.64. The lowest was 81.26. And the median was 219.93.

SZSE:300069's Days Sales Outstanding is ranked worse than
56.05% of 2453 companies
in the Hardware industry
Industry Median: 74.96 vs SZSE:300069: 81.26

Jinlihua Electric Co's Days Sales Outstanding increased from Jun. 2023 (63.78) to Jun. 2024 (73.30).


Jinlihua Electric Co Days Sales Outstanding Historical Data

The historical data trend for Jinlihua Electric 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.

Jinlihua Electric Co Days Sales Outstanding Chart

Jinlihua Electric Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Sales Outstanding
Get a 7-Day Free Trial Premium Member Only Premium Member Only 178.35 239.43 118.12 190.86 96.26

Jinlihua Electric 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 63.78 76.21 63.25 150.58 73.30

Competitive Comparison of Jinlihua Electric Co's Days Sales Outstanding

For the Electronic Components subindustry, Jinlihua Electric 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.


Jinlihua Electric Co's Days Sales Outstanding Distribution in the Hardware Industry

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

* The bar in red indicates where Jinlihua Electric Co's Days Sales Outstanding falls into.



Jinlihua Electric 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.

Jinlihua Electric 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
=( (50.853 + 45.785) / 2 ) / 183.215*365
=48.319 / 183.215*365
=96.26

Jinlihua Electric 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
=( (44.668 + 49.874) / 2 ) / 58.845*365 / 4
=47.271 / 58.845*365 / 4
=73.30

* 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.


Jinlihua Electric Co  (SZSE:300069) Days Sales Outstanding Explanation

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


Jinlihua Electric Co Days Sales Outstanding Related Terms

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Jinlihua Electric Co Business Description

Traded in Other Exchanges
N/A
Address
No. 188, Taihang North Road, Changzhi High-tech Zone, Shanxi Province, Changzhi, CHN, 321037
Jinlihua Electric Co Ltd is engaged in the business of manufacturing insulators in China. It is focused on the research of new high-strength functional glass manufacturing technologies and the development of insulation products for HV transmission lines. Main products are the glass insulators for HV, UHV, and EHV transmission lines.
Executives
Zhao Jian Director
Zhao Xiao Hong Executives
Xia Zu Xing Independent director
Weng Yong Hua Securities Affairs Representative
Wu Xuan Ning Executives

Jinlihua Electric Co Headlines

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