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Xinjiang Machinery Research Institute Co (SZSE:300159) Days Sales Outstanding : 1,118.78 (As of Mar. 2024)


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What is Xinjiang Machinery Research Institute Co Days Sales Outstanding?

Xinjiang Machinery Research Institute Co's average Accounts Receivable for the three months ended in Mar. 2024 was ¥383 Mil. Xinjiang Machinery Research Institute Co's Revenue for the three months ended in Mar. 2024 was ¥31 Mil. Hence, Xinjiang Machinery Research Institute Co's Days Sales Outstanding for the three months ended in Mar. 2024 was 1,118.78.

The historical rank and industry rank for Xinjiang Machinery Research Institute Co's Days Sales Outstanding or its related term are showing as below:

SZSE:300159' s Days Sales Outstanding Range Over the Past 10 Years
Min: 83.99   Med: 183.07   Max: 522.19
Current: 154.95

During the past 13 years, Xinjiang Machinery Research Institute Co's highest Days Sales Outstanding was 522.19. The lowest was 83.99. And the median was 183.07.

SZSE:300159's Days Sales Outstanding is ranked worse than
82.3% of 209 companies
in the Farm & Heavy Construction Machinery industry
Industry Median: 73.29 vs SZSE:300159: 154.95

Xinjiang Machinery Research Institute Co's Days Sales Outstanding increased from Mar. 2023 (988.94) to Mar. 2024 (1,118.78).

Warning Sign:

If a company's sales outstanding increases, it means it has difficulty collecting payments from its customers.


Xinjiang Machinery Research Institute Co Days Sales Outstanding Historical Data

The historical data trend for Xinjiang Machinery Research Institute 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.

Xinjiang Machinery Research Institute Co Days Sales Outstanding Chart

Xinjiang Machinery Research Institute 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 522.19 414.63 85.42 83.99 169.22

Xinjiang Machinery Research Institute 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 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 988.94 196.14 96.57 119.14 1,118.78

Competitive Comparison of Xinjiang Machinery Research Institute Co's Days Sales Outstanding

For the Farm & Heavy Construction Machinery subindustry, Xinjiang Machinery Research Institute 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.


Xinjiang Machinery Research Institute Co's Days Sales Outstanding Distribution in the Farm & Heavy Construction Machinery Industry

For the Farm & Heavy Construction Machinery industry and Industrials sector, Xinjiang Machinery Research Institute Co's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where Xinjiang Machinery Research Institute Co's Days Sales Outstanding falls into.



Xinjiang Machinery Research Institute 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.

Xinjiang Machinery Research Institute 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
=( (694.511 + 409.556) / 2 ) / 1190.691*365
=552.0335 / 1190.691*365
=169.22

Xinjiang Machinery Research Institute 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
=( (409.556 + 356.584) / 2 ) / 31.244*365 / 4
=383.07 / 31.244*365 / 4
=1,118.78

* 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.


Xinjiang Machinery Research Institute Co  (SZSE:300159) Days Sales Outstanding Explanation

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


Xinjiang Machinery Research Institute Co Days Sales Outstanding Related Terms

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Xinjiang Machinery Research Institute Co (SZSE:300159) Business Description

Traded in Other Exchanges
N/A
Address
Xinjiang 239, Beijing Road, Urumqi, Beijing, CHN, 830,013
Xinjiang Machinery Research Institute Co Ltd is engaged in the research, design, manufacture, and sale of agricultural and livestock machinery. The company specializes in medium and high-end agricultural and animal husbandry machinery products. The main products include series wheeled tractors, farming machinery, large self-propelled grain harvester family, self-propelled corn harvester series, straw forage harvester series, cash crop harvesting machine, and fruit machine.
Executives
Wu Yang Directors, executives
Zhou Wei Hua Director
Feng Guo Xiang Supervisors
Yang Li Jun Director
Jiang Ren Xi Executives
Wang Xiao Yu Executives
Mao Shan Yi Supervisors
Li Ji Lan Executives
Jin Fan Executives
Si Wen Feng Director
A Li Mu Mai Mai Ti Tu Er Xun Supervisors
Wang Jian Jun Directors, Directors, and Executives
Li Li Director

Xinjiang Machinery Research Institute Co (SZSE:300159) Headlines

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