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ZBAO (Zhibao Technology) Days Sales Outstanding : 174.25 (As of Dec. 2023)


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What is Zhibao Technology Days Sales Outstanding?

Zhibao Technology's average Accounts Receivable for the six months ended in Dec. 2023 was $11.27 Mil. Zhibao Technology's Revenue for the six months ended in Dec. 2023 was $11.80 Mil. Hence, Zhibao Technology's Days Sales Outstanding for the six months ended in Dec. 2023 was 174.25.

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

ZBAO' s Days Sales Outstanding Range Over the Past 10 Years
Min: 121.17   Med: 145.28   Max: 224.42
Current: 224.42

During the past 2 years, Zhibao Technology's highest Days Sales Outstanding was 224.42. The lowest was 121.17. And the median was 145.28.

ZBAO's Days Sales Outstanding is ranked worse than
94.92% of 59 companies
in the Insurance industry
Industry Median: 52.58 vs ZBAO: 224.42

Zhibao Technology's Days Sales Outstanding increased from Dec. 2022 (136.01) to Dec. 2023 (174.25).

Warning Sign:

If a company's sales outstanding increases, it means it has difficulty collecting payments from its customers.

Zhibao Technology Days Sales Outstanding Historical Data

The historical data trend for Zhibao Technology'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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Zhibao Technology Days Sales Outstanding Chart

Zhibao Technology Annual Data
Trend Jun21 Jun22
Days Sales Outstanding
169.39 121.17

Zhibao Technology Semi-Annual Data
Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Days Sales Outstanding Get a 7-Day Free Trial 65.14 183.88 136.01 299.39 174.25

Competitive Comparison of Zhibao Technology's Days Sales Outstanding

For the Insurance Brokers subindustry, Zhibao Technology'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.

Zhibao Technology's Days Sales Outstanding Distribution in the Insurance Industry

For the Insurance industry and Financial Services sector, Zhibao Technology's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where Zhibao Technology's Days Sales Outstanding falls into.


Zhibao Technology 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.

Zhibao Technology's Days Sales Outstanding for the fiscal year that ended in Jun. 2022 is calculated as

Days Sales Outstanding (A: Jun. 2022 )
=Average Accounts Receivable /Revenue*Days in Period
=( (Accounts Receivable (A: Jun. 2021 ) + Accounts Receivable (A: Jun. 2022 )) / count ) / Revenue (A: Jun. 2022 )*Days in Period
=( (3.295 + 7.438) / 2 ) / 16.165*365
=5.3665 / 16.165*365
=121.17

Zhibao Technology's Days Sales Outstanding for the quarter that ended in Dec. 2023 is calculated as:

Days Sales Outstanding (Q: Dec. 2023 )
=Average Accounts Receivable /Revenue*Days in Period
=( (Accounts Receivable (A: Jun. 2023 ) + Accounts Receivable (A: Dec. 2023 )) / count ) / Revenue (A: Dec. 2023 )*Days in Period
=( (10.857 + 11.676) / 2 ) / 11.8*365 / 2
=11.2665 / 11.8*365 / 2
=174.25

* 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.

Zhibao Technology  (NAS:ZBAO) Days Sales Outstanding Explanation

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

Zhibao Technology Days Sales Outstanding Related Terms

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Zhibao Technology Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » Zhibao Technology Inc (NAS:ZBAO) » Definitions » Days Sales Outstanding
Comparable Companies
Traded in Other Exchanges
N/A
Address
Floor 3, Building 6, Wuxing Road, Lane 727, Shanghai, CHN, 201204
Website
https://www.zhibao-tech.com
Zhibao Technology Inc is a insurance technology company primarily engaged in providing digital insurance brokerage services in China. 2B2C digital embedded insurance is their innovative business model which They pioneered in China. They provide customized digital insurance solutions for B-side channels (covering a wide range of industries and organizations, including but not limited to Internet platforms, large and medium-sized enterprises, and government agencies, etc.), embedding them into the channel's existing business matrix, and providing the channel with Provide digital insurance brokerage services to C-end customers.