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China Information Technology Inc's account receivable for the six months ended in Dec. 2015 was $3.18 Mil. China Information Technology Inc's revenue for the six months ended in Dec. 2015 was $-5.77 Mil.
During the past 11 years, China Information Technology Inc's highest Days Sales Outstanding was 369.71. The lowest was 36.35. And the median was 162.47.
China Information Technology Inc's days sales outstanding declined from Dec. 2014 (143.05) to Dec. 2015 (0.00).
If a company sales outstanding increases, it means it has difficulty collecting payment from its customers.
Days sales outstanding measures of 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 receivables are being managed.
Account receivable can be measured by Days Sales Outstanding.
China Information Technology Inc's Days Sales Outstanding for the fiscal year that ended in Dec. 2015 is calculated as
China Information Technology Inc's Days Sales Outstanding for the quarter that ended in Dec. 2015 is calculated as:
* All numbers are in millions except for per share data and ratio. All numbers are in their own currency.
For retailers, when we compare Days Sales Outstanding, it is important to compare the same period in the previous years.
China Information Technology Inc Annual Data
China Information Technology Inc Semi-Annual Data