Ningbo Sinyuan ZM Technology Co (SZSE:301398) Days Sales Outstanding : 135.94 (As of Jun. 2024)

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What is Ningbo Sinyuan ZM Technology Co Days Sales Outstanding?

Ningbo Sinyuan ZM Technology Co's average Accounts Receivable for the three months ended in Jun. 2024 was ¥150.6 Mil. Ningbo Sinyuan ZM Technology Co's Revenue for the three months ended in Jun. 2024 was ¥101.1 Mil. Hence, Ningbo Sinyuan ZM Technology Co's Days Sales Outstanding for the three months ended in Jun. 2024 was 135.94.

The historical rank and industry rank for Ningbo Sinyuan ZM Technology Co's Days Sales Outstanding or its related term are showing as below:

SZSE:301398' s Days Sales Outstanding Range Over the Past 10 Years
Min: 64.78 Med: 90.64 Max: 151.48
Current: 150.18

During the past 7 years, Ningbo Sinyuan ZM Technology Co's highest Days Sales Outstanding was 151.48. The lowest was 64.78. And the median was 90.64.

SZSE:301398's Days Sales Outstanding is ranked worse than
84.61% of 2975 companies
in the Industrial Products industry
Industry Median: 79.25 vs SZSE:301398: 150.18

Ningbo Sinyuan ZM Technology Co's Days Sales Outstanding declined from Jun. 2023 (138.30) to Jun. 2024 (135.94).

Ningbo Sinyuan ZM Technology Co Days Sales Outstanding Historical Data

The historical data trend for Ningbo Sinyuan ZM Technology 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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Ningbo Sinyuan ZM Technology Co Days Sales Outstanding Chart

Ningbo Sinyuan ZM Technology Co Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

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72.89

90.64

94.29

130.97

151.48

Ningbo Sinyuan ZM Technology Co Quarterly Data
	Dec17	Dec18	Dec19	Mar20	Jun20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24
Days Sales Outstanding	Get a 7-Day Free Trial															138.30	157.26	138.61	169.11	135.94

Competitive Comparison of Ningbo Sinyuan ZM Technology Co's Days Sales Outstanding

For the Metal Fabrication subindustry, Ningbo Sinyuan ZM Technology 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.

Ningbo Sinyuan ZM Technology Co's Days Sales Outstanding Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Ningbo Sinyuan ZM Technology Co's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where Ningbo Sinyuan ZM Technology Co's Days Sales Outstanding falls into.

Ningbo Sinyuan ZM Technology 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.

Ningbo Sinyuan ZM Technology 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
=	( (127.905	+	164.453)	/	2 )	/	352.219	*	365
=	146.179					/	352.219	*	365
=	151.48

Ningbo Sinyuan ZM Technology 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
=	( (140.772	+	160.328)	/	2 )	/	101.06	*	365 / 4
=	150.55					/	101.06	*	365 / 4
=	135.94

Ningbo Sinyuan ZM Technology Co (SZSE:301398) Days Sales Outstanding Explanation

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

Ningbo Sinyuan ZM Technology Co Days Sales Outstanding Related Terms

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Ningbo Sinyuan ZM Technology Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Ningbo Sinyuan ZM Technology Co Ltd (SZSE:301398) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

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Address

No. 27, Guantanghe Road, Daqi, Beilun District, Zhejiang Province, Ningbo, CHN, 315806

Website

https://www.sinyuanzm.com

Ningbo Sinyuan ZM Technology Co Ltd is engaged in the research and development, production and sales of magnesium alloy and aluminum alloy precision die-casting products and supporting die-casting molds.

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