Joy Kie (SZSE:300994) Days Sales Outstanding : 58.92 (As of Mar. 2024)

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What is Joy Kie Days Sales Outstanding?

Joy Kie's average Accounts Receivable for the three months ended in Mar. 2024 was ¥342 Mil. Joy Kie's Revenue for the three months ended in Mar. 2024 was ¥529 Mil. Hence, Joy Kie's Days Sales Outstanding for the three months ended in Mar. 2024 was 58.92.

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

SZSE:300994' s Days Sales Outstanding Range Over the Past 10 Years
Min: 53.27 Med: 57.87 Max: 77.44
Current: 68.74

During the past 7 years, Joy Kie's highest Days Sales Outstanding was 77.44. The lowest was 53.27. And the median was 57.87.

SZSE:300994's Days Sales Outstanding is ranked worse than
81.22% of 804 companies
in the Travel & Leisure industry
Industry Median: 29.25 vs SZSE:300994: 68.74

Joy Kie's Days Sales Outstanding declined from Mar. 2023 (65.28) to Mar. 2024 (58.92).

Joy Kie Days Sales Outstanding Historical Data

The historical data trend for Joy Kie'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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Joy Kie Days Sales Outstanding Chart

Joy Kie Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

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63.71

58.56

53.76

77.44

57.87

Joy Kie Quarterly Data
	Dec18	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															65.28	69.49	76.54	73.12	58.92

Competitive Comparison of Joy Kie's Days Sales Outstanding

For the Leisure subindustry, Joy Kie'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.

Joy Kie's Days Sales Outstanding Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Joy Kie's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where Joy Kie's Days Sales Outstanding falls into.

Joy Kie 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.

Joy Kie'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
=	( (318.248	+	317.844)	/	2 )	/	2006.004	*	365
=	318.046					/	2006.004	*	365
=	57.87

Joy Kie'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
=	( (317.844	+	365.818)	/	2 )	/	529.37	*	365 / 4
=	341.831					/	529.37	*	365 / 4
=	58.92

Joy Kie (SZSE:300994) Days Sales Outstanding Explanation

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

Joy Kie Days Sales Outstanding Related Terms

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Joy Kie (SZSE:300994) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Joy Kie Corp Ltd (SZSE:300994) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

N/A

Address

No.509 Qingtai Street, 8th Floor, Fuchun Building, Shangcheng District, hejiang Province, Hangzhou, CHN, 310002

Website

https://www.joykie.com

Joy Kie Corp Ltd is engaged in the design, research and development, production and sales of complete bicycles and their parts and related derivative products.

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