Ningbo Joyson Electronic (SHSE:600699) Days Sales Outstanding : 54.32 (As of Mar. 2024)

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What is Ningbo Joyson Electronic Days Sales Outstanding?

Ningbo Joyson Electronic's average Accounts Receivable for the three months ended in Mar. 2024 was ¥7,903 Mil. Ningbo Joyson Electronic's Revenue for the three months ended in Mar. 2024 was ¥13,278 Mil. Hence, Ningbo Joyson Electronic's Days Sales Outstanding for the three months ended in Mar. 2024 was 54.32.

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

SHSE:600699' s Days Sales Outstanding Range Over the Past 10 Years
Min: 46.91 Med: 53.61 Max: 60.09
Current: 52.53

During the past 13 years, Ningbo Joyson Electronic's highest Days Sales Outstanding was 60.09. The lowest was 46.91. And the median was 53.61.

SHSE:600699's Days Sales Outstanding is ranked better than
59.51% of 1267 companies
in the Vehicles & Parts industry
Industry Median: 59.96 vs SHSE:600699: 52.53

Ningbo Joyson Electronic's Days Sales Outstanding increased from Mar. 2023 (52.76) to Mar. 2024 (54.32).

Ningbo Joyson Electronic Days Sales Outstanding Historical Data

The historical data trend for Ningbo Joyson Electronic'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 Joyson Electronic Days Sales Outstanding Chart

Ningbo Joyson Electronic Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

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55.49

59.10

54.65

52.95

51.19

Ningbo Joyson Electronic 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															52.76	52.93	53.13	51.79	54.32

Competitive Comparison of Ningbo Joyson Electronic's Days Sales Outstanding

For the Auto Parts subindustry, Ningbo Joyson Electronic'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 Joyson Electronic's Days Sales Outstanding Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Ningbo Joyson Electronic's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where Ningbo Joyson Electronic's Days Sales Outstanding falls into.

Ningbo Joyson Electronic 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 Joyson Electronic'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
=	( (7600.885	+	8032.061)	/	2 )	/	55728.476	*	365
=	7816.473					/	55728.476	*	365
=	51.19

Ningbo Joyson Electronic'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
=	( (8032.061	+	7774.531)	/	2 )	/	13277.538	*	365 / 4
=	7903.296					/	13277.538	*	365 / 4
=	54.32

Ningbo Joyson Electronic (SHSE:600699) 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 Joyson Electronic Days Sales Outstanding Related Terms

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Ningbo Joyson Electronic (SHSE:600699) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Ningbo Joyson Electronic Corp (SHSE:600699) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 1266 Road, Zhejiang Province, High-tech Zone, Ningbo, CHN, 136200

Website

http://www.joyson.cn

Ningbo Joyson Electronic Corp is an automotive supplier. Some of the products that the company caters to the global automotive industry are - Driver controls, Climate control, Sensor systems, Electronic control units, Car connect, Active safety, Passive safety, Air Intake systems, Washer systems, Air management systems, Mirror systems, Front griller, Fuel tank door, and Steering wheel.

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