Zhejiang Jianye Chemical Co (SHSE:603948) Days Sales Outstanding : 28.30 (As of Mar. 2024)

View and export this data going back to 2020. Start your Free Trial

What is Zhejiang Jianye Chemical Co Days Sales Outstanding?

Zhejiang Jianye Chemical Co's average Accounts Receivable for the three months ended in Mar. 2024 was ¥174 Mil. Zhejiang Jianye Chemical Co's Revenue for the three months ended in Mar. 2024 was ¥562 Mil. Hence, Zhejiang Jianye Chemical Co's Days Sales Outstanding for the three months ended in Mar. 2024 was 28.30.

The historical rank and industry rank for Zhejiang Jianye Chemical Co's Days Sales Outstanding or its related term are showing as below:

SHSE:603948' s Days Sales Outstanding Range Over the Past 10 Years
Min: 14.11 Med: 19.94 Max: 41.38
Current: 27.02

During the past 9 years, Zhejiang Jianye Chemical Co's highest Days Sales Outstanding was 41.38. The lowest was 14.11. And the median was 19.94.

SHSE:603948's Days Sales Outstanding is ranked better than
88.01% of 1526 companies
in the Chemicals industry
Industry Median: 64.1 vs SHSE:603948: 27.02

Zhejiang Jianye Chemical Co's Days Sales Outstanding increased from Mar. 2023 (21.52) to Mar. 2024 (28.30).

Zhejiang Jianye Chemical Co Days Sales Outstanding Historical Data

The historical data trend for Zhejiang Jianye Chemical 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.

Zhejiang Jianye Chemical Co Days Sales Outstanding Chart

Zhejiang Jianye Chemical Co Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

Get a 7-Day Free Trial

22.25

21.38

14.11

16.07

19.94

Zhejiang Jianye Chemical 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															21.52	28.60	28.30	22.32	28.30

Competitive Comparison of Zhejiang Jianye Chemical Co's Days Sales Outstanding

For the Chemicals subindustry, Zhejiang Jianye Chemical 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.

Zhejiang Jianye Chemical Co's Days Sales Outstanding Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Zhejiang Jianye Chemical Co's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where Zhejiang Jianye Chemical Co's Days Sales Outstanding falls into.

Zhejiang Jianye Chemical 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.

Zhejiang Jianye Chemical 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
=	( (117.014	+	172.418)	/	2 )	/	2649.673	*	365
=	144.716					/	2649.673	*	365
=	19.94

Zhejiang Jianye Chemical 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
=	( (172.418	+	176.501)	/	2 )	/	562.483	*	365 / 4
=	174.4595					/	562.483	*	365 / 4
=	28.30

Zhejiang Jianye Chemical Co (SHSE:603948) Days Sales Outstanding Explanation

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

Zhejiang Jianye Chemical Co Days Sales Outstanding Related Terms

Thank you for viewing the detailed overview of Zhejiang Jianye Chemical Co's Days Sales Outstanding provided by GuruFocus.com. Please click on the following links to see related term pages.

Zhejiang Jianye Chemical Co (SHSE:603948) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Zhejiang Jianye Chemical Co Ltd (SHSE:603948) » Definitions » Days Sales Outstanding

Traded in Other Exchanges

N/A

Address

No. 8 Yandongguan Road, Meicheng Town, Zhejiang Province, Jiande, CHN, 311604

Website

http://www.chinaorganicchem.com

Zhejiang Jianye Chemical Co Ltd is engaged in the production, research and development and sales of low-carbon fatty amines, plasticizers, acetates, and electronic chemicals.

Executives

Feng Yu Xing

Director

Zhejiang Jianye Chemical Co (SHSE:603948) Headlines

No Headlines