Shandong Jinjing Science & Technology Stock Co (SHSE:600586) Days Sales Outstanding : 17.38 (As of Mar. 2024)

View and export this data going back to 2002. Start your Free Trial

What is Shandong Jinjing Science & Technology Stock Co Days Sales Outstanding?

Shandong Jinjing Science & Technology Stock Co's average Accounts Receivable for the three months ended in Mar. 2024 was ¥338 Mil. Shandong Jinjing Science & Technology Stock Co's Revenue for the three months ended in Mar. 2024 was ¥1,775 Mil. Hence, Shandong Jinjing Science & Technology Stock Co's Days Sales Outstanding for the three months ended in Mar. 2024 was 17.38.

The historical rank and industry rank for Shandong Jinjing Science & Technology Stock Co's Days Sales Outstanding or its related term are showing as below:

SHSE:600586' s Days Sales Outstanding Range Over the Past 10 Years
Min: 13.12 Med: 27.57 Max: 35.03
Current: 17.36

During the past 13 years, Shandong Jinjing Science & Technology Stock Co's highest Days Sales Outstanding was 35.03. The lowest was 13.12. And the median was 27.57.

SHSE:600586's Days Sales Outstanding is ranked better than
93.13% of 1529 companies
in the Chemicals industry
Industry Median: 64.13 vs SHSE:600586: 17.36

Shandong Jinjing Science & Technology Stock Co's Days Sales Outstanding declined from Mar. 2023 (18.65) to Mar. 2024 (17.38).

Shandong Jinjing Science & Technology Stock Co Days Sales Outstanding Historical Data

The historical data trend for Shandong Jinjing Science & Technology Stock 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.

Shandong Jinjing Science & Technology Stock Co Days Sales Outstanding Chart

Shandong Jinjing Science & Technology Stock Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

Get a 7-Day Free Trial

29.32

30.82

14.96

13.12

14.76

Shandong Jinjing Science & Technology Stock 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															18.65	19.64	16.64	14.80	17.38

Competitive Comparison of Shandong Jinjing Science & Technology Stock Co's Days Sales Outstanding

For the Specialty Chemicals subindustry, Shandong Jinjing Science & Technology Stock 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.

Shandong Jinjing Science & Technology Stock Co's Days Sales Outstanding Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Shandong Jinjing Science & Technology Stock Co's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where Shandong Jinjing Science & Technology Stock Co's Days Sales Outstanding falls into.

Shandong Jinjing Science & Technology Stock 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.

Shandong Jinjing Science & Technology Stock 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
=	( (351.828	+	292.626)	/	2 )	/	7969.707	*	365
=	322.227					/	7969.707	*	365
=	14.76

Shandong Jinjing Science & Technology Stock 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
=	( (292.626	+	383.461)	/	2 )	/	1774.927	*	365 / 4
=	338.0435					/	1774.927	*	365 / 4
=	17.38

Shandong Jinjing Science & Technology Stock Co (SHSE:600586) Days Sales Outstanding Explanation

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

Shandong Jinjing Science & Technology Stock Co Days Sales Outstanding Related Terms

Thank you for viewing the detailed overview of Shandong Jinjing Science & Technology Stock Co's Days Sales Outstanding provided by GuruFocus.com. Please click on the following links to see related term pages.

Shandong Jinjing Science & Technology Stock Co (SHSE:600586) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Shandong Jinjing Science & Technology Stock Co Ltd (SHSE:600586) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

N/A

Address

Wangzhuang, Baoshi Town, New and High-Technology Development Zone, Zibo, Shandong, CHN, 255086

Website

http://www.cnggg.cn

Shandong Jinjing Science & Technology Stock Co Ltd manufacturers of float glass in China. It provides clear float glass; low iron glass; tempered glass; solar glass; laminated glass; silver mirror; bronze glass; grey glass; ocean blue glass; reflective glass; patterned glass; automotive glass.

Executives

Ji Ya Lin

senior management

Shandong Jinjing Science & Technology Stock Co (SHSE:600586) Headlines

No Headlines