Zhejiang Lenor Flow Control Technology Co (SZSE:300838) Days Sales Outstanding : 344.44 (As of Mar. 2024)

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What is Zhejiang Lenor Flow Control Technology Co Days Sales Outstanding?

Zhejiang Lenor Flow Control Technology Co's average Accounts Receivable for the three months ended in Mar. 2024 was ¥686 Mil. Zhejiang Lenor Flow Control Technology Co's Revenue for the three months ended in Mar. 2024 was ¥182 Mil. Hence, Zhejiang Lenor Flow Control Technology Co's Days Sales Outstanding for the three months ended in Mar. 2024 was 344.44.

The historical rank and industry rank for Zhejiang Lenor Flow Control Technology Co's Days Sales Outstanding or its related term are showing as below:

SZSE:300838' s Days Sales Outstanding Range Over the Past 10 Years
Min: 140 Med: 187.88 Max: 252.37
Current: 220.06

During the past 12 years, Zhejiang Lenor Flow Control Technology Co's highest Days Sales Outstanding was 252.37. The lowest was 140.00. And the median was 187.88.

SZSE:300838's Days Sales Outstanding is ranked worse than
93.34% of 2956 companies
in the Industrial Products industry
Industry Median: 79.61 vs SZSE:300838: 220.06

Zhejiang Lenor Flow Control Technology Co's Days Sales Outstanding increased from Mar. 2023 (227.39) to Mar. 2024 (344.44).

Zhejiang Lenor Flow Control Technology Co Days Sales Outstanding Historical Data

The historical data trend for Zhejiang Lenor Flow Control Technology 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 Lenor Flow Control Technology Co Days Sales Outstanding Chart

Zhejiang Lenor Flow Control Technology Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

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187.64

206.64

170.17

167.04

204.96

Zhejiang Lenor Flow Control Technology 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															227.39	186.27	204.58	195.20	344.44

Competitive Comparison of Zhejiang Lenor Flow Control Technology Co's Days Sales Outstanding

For the Specialty Industrial Machinery subindustry, Zhejiang Lenor Flow Control Technology 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 Lenor Flow Control Technology Co's Days Sales Outstanding Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Zhejiang Lenor Flow Control Technology Co's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where Zhejiang Lenor Flow Control Technology Co's Days Sales Outstanding falls into.

Zhejiang Lenor Flow Control Technology 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 Lenor Flow Control Technology 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
=	( (557.891	+	690.055)	/	2 )	/	1111.206	*	365
=	623.973					/	1111.206	*	365
=	204.96

Zhejiang Lenor Flow Control Technology 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
=	( (690.055	+	681.892)	/	2 )	/	181.732	*	365 / 4
=	685.9735					/	181.732	*	365 / 4
=	344.44

Zhejiang Lenor Flow Control Technology Co (SZSE:300838) 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 Lenor Flow Control Technology Co Days Sales Outstanding Related Terms

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Zhejiang Lenor Flow Control Technology Co (SZSE:300838) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Zhejiang Lenor Flow Control Technology Co Ltd (SZSE:300838) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 99, Weiyi Road, High-tech (Ge Lane) Park, Ruian City, Zhejiang Province, Wenzhou, CHN, 325200

Website

http://www.linuovalve.com

Zhejiang Linuo Flow Control Technology Co Ltd engages in the development, design, production and sale of fluid control equipment. The company provides total solutions on control valve for fluid industrial customers in the field of energy, petrochemical engineering, metallurgy, chemical engineering, paper-making, environmental protection, biochemistry, and medicine. Its products include Segment Ball Valve; Knife Gate Valve; Ball Valve; Globe Control Valve; Butterfly Valve; and Actuator.

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