Zhejiang Zone-King Environmental Sci & Tech Co (SHSE:688701) Days Sales Outstanding : 260.24 (As of Mar. 2024)

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What is Zhejiang Zone-King Environmental Sci & Tech Co Days Sales Outstanding?

Zhejiang Zone-King Environmental Sci & Tech Co's average Accounts Receivable for the three months ended in Mar. 2024 was ¥152.0 Mil. Zhejiang Zone-King Environmental Sci & Tech Co's Revenue for the three months ended in Mar. 2024 was ¥53.3 Mil. Hence, Zhejiang Zone-King Environmental Sci & Tech Co's Days Sales Outstanding for the three months ended in Mar. 2024 was 260.24.

The historical rank and industry rank for Zhejiang Zone-King Environmental Sci & Tech Co's Days Sales Outstanding or its related term are showing as below:

SHSE:688701' s Days Sales Outstanding Range Over the Past 10 Years
Min: 69.79 Med: 225.48 Max: 483.79
Current: 231.89

During the past 9 years, Zhejiang Zone-King Environmental Sci & Tech Co's highest Days Sales Outstanding was 483.79. The lowest was 69.79. And the median was 225.48.

SHSE:688701's Days Sales Outstanding is ranked worse than
83.84% of 229 companies
in the Waste Management industry
Industry Median: 72.65 vs SHSE:688701: 231.89

Zhejiang Zone-King Environmental Sci & Tech Co's Days Sales Outstanding declined from Mar. 2023 (387.21) to Mar. 2024 (260.24).

Zhejiang Zone-King Environmental Sci & Tech Co Days Sales Outstanding Historical Data

The historical data trend for Zhejiang Zone-King Environmental Sci & Tech 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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Zhejiang Zone-King Environmental Sci & Tech Co Days Sales Outstanding Chart

Zhejiang Zone-King Environmental Sci & Tech Co Annual Data

Trend

Dec13

Dec14

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

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219.78

273.51

281.08

483.79

225.48

Zhejiang Zone-King Environmental Sci & Tech Co Quarterly Data
	Dec17	Dec18	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															387.21	267.07	183.60	238.42	260.24

Competitive Comparison of Zhejiang Zone-King Environmental Sci & Tech Co's Days Sales Outstanding

For the Waste Management subindustry, Zhejiang Zone-King Environmental Sci & Tech 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 Zone-King Environmental Sci & Tech Co's Days Sales Outstanding Distribution in the Waste Management Industry

For the Waste Management industry and Industrials sector, Zhejiang Zone-King Environmental Sci & Tech Co's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where Zhejiang Zone-King Environmental Sci & Tech Co's Days Sales Outstanding falls into.

Zhejiang Zone-King Environmental Sci & Tech 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 Zone-King Environmental Sci & Tech 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
=	( (270.502	+	158.011)	/	2 )	/	346.832	*	365
=	214.2565					/	346.832	*	365
=	225.48

Zhejiang Zone-King Environmental Sci & Tech 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
=	( (158.011	+	145.909)	/	2 )	/	53.282	*	365 / 4
=	151.96					/	53.282	*	365 / 4
=	260.24

Zhejiang Zone-King Environmental Sci & Tech Co (SHSE:688701) 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 Zone-King Environmental Sci & Tech Co Days Sales Outstanding Related Terms

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Zhejiang Zone-King Environmental Sci & Tech Co (SHSE:688701) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Waste Management » Zhejiang Zone-King Environmental Sci & Tech Co Ltd (SHSE:688701) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

N/A

Address

536 Shaoxing Road, Room 701, Zhejiang Sanli Times Square, Xiacheng District, Zhejiang Province, Hangzhou, CHN, 310004

Website

http://www.zone-king.com

Zhejiang Zone-King Environmental Sci&Tech Co Ltd is engaged in providing comprehensive environmental protection services, environmental product sales and services.

Zhejiang Zone-King Environmental Sci & Tech Co (SHSE:688701) Headlines

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