Jiangsu LiXing General Steel Ball Co (SZSE:300421) Days Sales Outstanding : 129.92 (As of Mar. 2024)

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What is Jiangsu LiXing General Steel Ball Co Days Sales Outstanding?

Jiangsu LiXing General Steel Ball Co's average Accounts Receivable for the three months ended in Mar. 2024 was ¥343 Mil. Jiangsu LiXing General Steel Ball Co's Revenue for the three months ended in Mar. 2024 was ¥241 Mil. Hence, Jiangsu LiXing General Steel Ball Co's Days Sales Outstanding for the three months ended in Mar. 2024 was 129.92.

The historical rank and industry rank for Jiangsu LiXing General Steel Ball Co's Days Sales Outstanding or its related term are showing as below:

SZSE:300421' s Days Sales Outstanding Range Over the Past 10 Years
Min: 105.25 Med: 119.27 Max: 132.78
Current: 125.28

During the past 13 years, Jiangsu LiXing General Steel Ball Co's highest Days Sales Outstanding was 132.78. The lowest was 105.25. And the median was 119.27.

SZSE:300421's Days Sales Outstanding is ranked worse than
92.11% of 596 companies
in the Steel industry
Industry Median: 49.815 vs SZSE:300421: 125.28

Jiangsu LiXing General Steel Ball Co's Days Sales Outstanding increased from Mar. 2023 (126.09) to Mar. 2024 (129.92).

Jiangsu LiXing General Steel Ball Co Days Sales Outstanding Historical Data

The historical data trend for Jiangsu LiXing General Steel Ball 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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Jiangsu LiXing General Steel Ball Co Days Sales Outstanding Chart

Jiangsu LiXing General Steel Ball Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

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119.22

119.39

105.25

114.31

122.59

Jiangsu LiXing General Steel Ball 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															126.09	117.78	130.10	130.15	129.92

Competitive Comparison of Jiangsu LiXing General Steel Ball Co's Days Sales Outstanding

For the Steel subindustry, Jiangsu LiXing General Steel Ball 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.

Jiangsu LiXing General Steel Ball Co's Days Sales Outstanding Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, Jiangsu LiXing General Steel Ball Co's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where Jiangsu LiXing General Steel Ball Co's Days Sales Outstanding falls into.

Jiangsu LiXing General Steel Ball 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.

Jiangsu LiXing General Steel Ball 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
=	( (319.183	+	353.634)	/	2 )	/	1001.648	*	365
=	336.4085					/	1001.648	*	365
=	122.59

Jiangsu LiXing General Steel Ball 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
=	( (353.634	+	331.402)	/	2 )	/	240.573	*	365 / 4
=	342.518					/	240.573	*	365 / 4
=	129.92

Jiangsu LiXing General Steel Ball Co (SZSE:300421) Days Sales Outstanding Explanation

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

Jiangsu LiXing General Steel Ball Co Days Sales Outstanding Related Terms

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Jiangsu LiXing General Steel Ball Co (SZSE:300421) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » Jiangsu LiXing General Steel Ball Co Ltd (SZSE:300421) » Definitions » Days Sales Outstanding

Traded in Other Exchanges

N/A

Address

No. 68, Xingyuan Avenue, Rugao Town, Jiangsu Province, Rugao, Jiangsu, CHN, 226500

Website

http://www.jgbr.com.cn

Jiangsu LiXing General Steel Ball Co Ltd is engaged in manufacturing of mechanical basic parts and auto parts. Its main products are high-precision bearing steel ball, precision non-sound steel ball, high-grade car special precision bearing steel ball, high-grade car wheel special steel ball, wind power generation special steel Balls.

Executives

Su Yin Jian	Supervisors
Zhao Gao Ming	Directors, executives
Wang Rong	Directors, executives
Sha Xiao Jian	Executives
Zhang Bang You	Directors, executives
Chen Fang	Executives
Wu Xiang Hui	Supervisors
Tang Guo Hua	Directors, executives
Shi Xiang Gui	Directors, executives

Jiangsu LiXing General Steel Ball Co (SZSE:300421) Headlines

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