Zhang Xiaoquan (SZSE:301055) Days Sales Outstanding : 12.91 (As of Mar. 2024)

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What is Zhang Xiaoquan Days Sales Outstanding?

Zhang Xiaoquan's average Accounts Receivable for the three months ended in Mar. 2024 was ¥30.2 Mil. Zhang Xiaoquan's Revenue for the three months ended in Mar. 2024 was ¥213.2 Mil. Hence, Zhang Xiaoquan's Days Sales Outstanding for the three months ended in Mar. 2024 was 12.91.

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

SZSE:301055' s Days Sales Outstanding Range Over the Past 10 Years
Min: 14.5 Med: 15.49 Max: 26.99
Current: 14.5

During the past 7 years, Zhang Xiaoquan's highest Days Sales Outstanding was 26.99. The lowest was 14.50. And the median was 15.49.

SZSE:301055's Days Sales Outstanding is ranked better than
94.06% of 421 companies
in the Furnishings, Fixtures & Appliances industry
Industry Median: 53.27 vs SZSE:301055: 14.50

Zhang Xiaoquan's Days Sales Outstanding declined from Mar. 2023 (17.21) to Mar. 2024 (12.91).

Zhang Xiaoquan Days Sales Outstanding Historical Data

The historical data trend for Zhang Xiaoquan'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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Zhang Xiaoquan Days Sales Outstanding Chart

Zhang Xiaoquan Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

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19.49

15.36

14.90

15.49

14.57

Zhang Xiaoquan Quarterly Data
	Dec17	Dec18	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															17.21	17.04	15.84	12.64	12.91

Competitive Comparison of Zhang Xiaoquan's Days Sales Outstanding

For the Furnishings, Fixtures & Appliances subindustry, Zhang Xiaoquan'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.

Zhang Xiaoquan's Days Sales Outstanding Distribution in the Furnishings, Fixtures & Appliances Industry

For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, Zhang Xiaoquan's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where Zhang Xiaoquan's Days Sales Outstanding falls into.

Zhang Xiaoquan 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.

Zhang Xiaoquan'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
=	( (33.858	+	30.943)	/	2 )	/	811.481	*	365
=	32.4005					/	811.481	*	365
=	14.57

Zhang Xiaoquan'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
=	( (30.943	+	29.39)	/	2 )	/	213.183	*	365 / 4
=	30.1665					/	213.183	*	365 / 4
=	12.91

Zhang Xiaoquan (SZSE:301055) Days Sales Outstanding Explanation

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

Zhang Xiaoquan Days Sales Outstanding Related Terms

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Zhang Xiaoquan (SZSE:301055) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Furnishings, Fixtures & Appliances » Zhang Xiaoquan Inc (SZSE:301055) » Definitions » Days Sales Outstanding

Traded in Other Exchanges

N/A

Address

No. 8, Wuxing Road, Dongzhou Street, Fuyang District, Zhejiang Province, Hangzhou, CHN, 311401

Website

http://www.zhangxiaoquan.cn

Zhang Xiaoquan Inc is a is a modern living hardware company integrating design, research and development, production, sales and service. It offers home kitchen products, personal care products, garden and agronomic products, hotel kitchen utensils and others to consumers at home and abroad.

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