China Days Sales Outstanding from 2010 to 2024

CJJD Stock  USD 2.42  0.27  10.04%   
China Jo's Days Sales Outstanding is decreasing over the years with very volatile fluctuation. Days Sales Outstanding is expected to dwindle to 34.13. During the period from 2010 to 2024 China Jo Days Sales Outstanding annual values regression line had geometric mean of  41.07 and mean square error of  162.36. View All Fundamentals
 
Days Sales Outstanding  
First Reported
2010-12-31
Previous Quarter
37.18
Current Value
34.13
Quarterly Volatility
12.27878801
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check China Jo financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among China Jo's main balance sheet or income statement drivers, such as Interest Expense of 56.3 K, Other Operating Expenses of 92.8 M or Total Operating Expenses of 54.2 M, as well as many indicators such as Price To Sales Ratio of 0.34, Dividend Yield of 0.0 or PTB Ratio of 68.7 K. China financial statements analysis is a perfect complement when working with China Jo Valuation or Volatility modules.
  
Check out the analysis of China Jo Correlation against competitors.

Latest China Jo's Days Sales Outstanding Growth Pattern

Below is the plot of the Days Sales Outstanding of China Jo Jo Drugstores over the last few years. It is China Jo's Days Sales Outstanding historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in China Jo's overall financial position and show how it may be relating to other accounts over time.
Days Sales Outstanding10 Years Trend
Very volatile
   Days Sales Outstanding   
       Timeline  

China Days Sales Outstanding Regression Statistics

Arithmetic Mean43.69
Geometric Mean41.07
Coefficient Of Variation28.11
Mean Deviation8.37
Median45.16
Standard Deviation12.28
Sample Variance150.77
Range56.2363
R-Value(0.01)
Mean Square Error162.36
R-Squared0.000047
Significance0.98
Slope(0.02)
Total Sum of Squares2,111

China Days Sales Outstanding History

2024 34.13
2023 37.18
2022 41.32
2021 49.96
2020 50.76
2019 46.34
2018 45.16

About China Jo Financial Statements

There are typically three primary documents that fall into the category of financial statements. These documents include China Jo income statement, its balance sheet, and the statement of cash flows. China Jo investors use historical funamental indicators, such as China Jo's Days Sales Outstanding, to determine how well the company is positioned to perform in the future. Although China Jo investors may use each financial statement separately, they are all related. The changes in China Jo's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on China Jo's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. We offer a historical overview of the basic patterns found on China Jo Financial Statements. Understanding these patterns can help to make the right decision on long term investment in China Jo. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Days Sales Outstanding 37.18  34.13 

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Additional Information and Resources on Investing in China Stock

When determining whether China Jo Jo is a strong investment it is important to analyze China Jo's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact China Jo's future performance. For an informed investment choice regarding China Stock, refer to the following important reports:
Check out the analysis of China Jo Correlation against competitors.
You can also try the Correlation Analysis module to reduce portfolio risk simply by holding instruments which are not perfectly correlated.
Is Consumer Staples Distribution & Retail space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of China Jo. If investors know China will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about China Jo listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(4.40)
Revenue Per Share
155.543
Quarterly Revenue Growth
0.08
Return On Assets
(0.12)
Return On Equity
(1.09)
The market value of China Jo Jo is measured differently than its book value, which is the value of China that is recorded on the company's balance sheet. Investors also form their own opinion of China Jo's value that differs from its market value or its book value, called intrinsic value, which is China Jo's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because China Jo's market value can be influenced by many factors that don't directly affect China Jo's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between China Jo's value and its price as these two are different measures arrived at by different means. Investors typically determine if China Jo is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, China Jo's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.