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JiangSu JiuWu Hi-Tech Co (SZSE:300631) Days Sales Outstanding : 639.13 (As of Mar. 2024)


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What is JiangSu JiuWu Hi-Tech Co Days Sales Outstanding?

JiangSu JiuWu Hi-Tech Co's average Accounts Receivable for the three months ended in Mar. 2024 was ¥568.3 Mil. JiangSu JiuWu Hi-Tech Co's Revenue for the three months ended in Mar. 2024 was ¥81.1 Mil. Hence, JiangSu JiuWu Hi-Tech Co's Days Sales Outstanding for the three months ended in Mar. 2024 was 639.13.

The historical rank and industry rank for JiangSu JiuWu Hi-Tech Co's Days Sales Outstanding or its related term are showing as below:

SZSE:300631' s Days Sales Outstanding Range Over the Past 10 Years
Min: 133.04   Med: 183.55   Max: 251.51
Current: 251.51

During the past 13 years, JiangSu JiuWu Hi-Tech Co's highest Days Sales Outstanding was 251.51. The lowest was 133.04. And the median was 183.55.

SZSE:300631's Days Sales Outstanding is ranked worse than
94.93% of 2957 companies
in the Industrial Products industry
Industry Median: 79.63 vs SZSE:300631: 251.51

JiangSu JiuWu Hi-Tech Co's Days Sales Outstanding increased from Mar. 2023 (283.19) to Mar. 2024 (639.13).

Warning Sign:

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


JiangSu JiuWu Hi-Tech Co Days Sales Outstanding Historical Data

The historical data trend for JiangSu JiuWu Hi-Tech 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.

JiangSu JiuWu Hi-Tech Co Days Sales Outstanding Chart

JiangSu JiuWu Hi-Tech 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 157.72 157.95 183.05 184.04 250.01

JiangSu JiuWu Hi-Tech 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 283.19 190.69 278.45 170.89 639.13

Competitive Comparison of JiangSu JiuWu Hi-Tech Co's Days Sales Outstanding

For the Metal Fabrication subindustry, JiangSu JiuWu Hi-Tech 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.


JiangSu JiuWu Hi-Tech Co's Days Sales Outstanding Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, JiangSu JiuWu Hi-Tech Co's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where JiangSu JiuWu Hi-Tech Co's Days Sales Outstanding falls into.



JiangSu JiuWu Hi-Tech 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.

JiangSu JiuWu Hi-Tech 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
=( (453.257 + 583.767) / 2 ) / 757*365
=518.512 / 757*365
=250.01

JiangSu JiuWu Hi-Tech 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
=( (583.767 + 552.772) / 2 ) / 81.133*365 / 4
=568.2695 / 81.133*365 / 4
=639.13

* 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.


JiangSu JiuWu Hi-Tech Co  (SZSE:300631) Days Sales Outstanding Explanation

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


JiangSu JiuWu Hi-Tech Co Days Sales Outstanding Related Terms

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JiangSu JiuWu Hi-Tech Co (SZSE:300631) Business Description

Traded in Other Exchanges
N/A
Address
No. 9 Huqiao East Road, Jiangpu Sub District, Pukou District, Nanjing City, CHN, 211808
JiangSu JiuWu Hi-Tech Co Ltd is engaged in the research and development and application of membrane separation technology. Its products include organic membranes, ceramic and organic membrane modules, membrane pilot machines, and skid-mounted devices. The company's products and technologies have been widely used in chlor-alkali chemical brine refining, petrochemical membrane catalytic reaction, coal chemical oil and water separation, purification of fine chemical products, antibiotics, and other biological products.
Executives
Jin Xin Lei Executives
Pan Suo Liang Executives
Cheng Heng Directors, Directors, and Executives
Wei Xu Executives
Wang Xiao Hu Executives
Yang Ji Heng Executives
Liu Fei Director
Fang Qiu Executives
Sun Jian Director
Dang Jian Bing Director

JiangSu JiuWu Hi-Tech Co (SZSE:300631) Headlines

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