Xiamen King Long Motor Group Co (SHSE:600686) Days Sales Outstanding : 75.14 (As of Mar. 2024)

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What is Xiamen King Long Motor Group Co Days Sales Outstanding?

Xiamen King Long Motor Group Co's average Accounts Receivable for the three months ended in Mar. 2024 was ¥3,277 Mil. Xiamen King Long Motor Group Co's Revenue for the three months ended in Mar. 2024 was ¥3,979 Mil. Hence, Xiamen King Long Motor Group Co's Days Sales Outstanding for the three months ended in Mar. 2024 was 75.14.

The historical rank and industry rank for Xiamen King Long Motor Group Co's Days Sales Outstanding or its related term are showing as below:

SHSE:600686' s Days Sales Outstanding Range Over the Past 10 Years
Min: 72.38 Med: 161.49 Max: 259.59
Current: 72.38

During the past 13 years, Xiamen King Long Motor Group Co's highest Days Sales Outstanding was 259.59. The lowest was 72.38. And the median was 161.49.

SHSE:600686's Days Sales Outstanding is ranked worse than
64.03% of 1265 companies
in the Vehicles & Parts industry
Industry Median: 60.2 vs SHSE:600686: 72.38

Xiamen King Long Motor Group Co's Days Sales Outstanding declined from Mar. 2023 (117.71) to Mar. 2024 (75.14).

Xiamen King Long Motor Group Co Days Sales Outstanding Historical Data

The historical data trend for Xiamen King Long Motor Group 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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Xiamen King Long Motor Group Co Days Sales Outstanding Chart

Xiamen King Long Motor Group Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

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205.53

189.42

126.46

90.28

75.73

Xiamen King Long Motor Group 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															117.71	75.10	80.31	57.14	75.14

Competitive Comparison of Xiamen King Long Motor Group Co's Days Sales Outstanding

For the Auto Manufacturers subindustry, Xiamen King Long Motor Group 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.

Xiamen King Long Motor Group Co's Days Sales Outstanding Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Xiamen King Long Motor Group Co's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where Xiamen King Long Motor Group Co's Days Sales Outstanding falls into.

Xiamen King Long Motor Group 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.

Xiamen King Long Motor Group 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
=	( (5051.28	+	2999.062)	/	2 )	/	19399.848	*	365
=	4025.171					/	19399.848	*	365
=	75.73

Xiamen King Long Motor Group 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
=	( (2999.062	+	3554.366)	/	2 )	/	3979.381	*	365 / 4
=	3276.714					/	3979.381	*	365 / 4
=	75.14

Xiamen King Long Motor Group Co (SHSE:600686) Days Sales Outstanding Explanation

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

Xiamen King Long Motor Group Co Days Sales Outstanding Related Terms

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Xiamen King Long Motor Group Co (SHSE:600686) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Xiamen King Long Motor Group Co Ltd (SHSE:600686) » Definitions » Days Sales Outstanding

Traded in Other Exchanges

N/A

Address

No. 31, Donggang North Road, Huli Street, Huli District, Xiamen, CHN, 361012

Website

http://www.xmklm.com.cn

Xiamen King Long Motor Group Co Ltd is a China-based global bus manufacturing group. The Company's products mainly include large-size, medium-size and light passenger buses, which are widely used in passenger, tourism, public transportation, group and special vehicles markets.

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