Shanxi Changcheng Microlight Equipment Co (HKSE:08286) Days Sales Outstanding : 201.74 (As of Sep. 2023)

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What is Shanxi Changcheng Microlight Equipment Co Days Sales Outstanding?

Shanxi Changcheng Microlight Equipment Co's average Accounts Receivable for the three months ended in Sep. 2023 was HK$22.26 Mil. Shanxi Changcheng Microlight Equipment Co's Revenue for the three months ended in Sep. 2023 was HK$10.07 Mil. Hence, Shanxi Changcheng Microlight Equipment Co's Days Sales Outstanding for the three months ended in Sep. 2023 was 201.74.

The historical rank and industry rank for Shanxi Changcheng Microlight Equipment Co's Days Sales Outstanding or its related term are showing as below:

HKSE:08286' s Days Sales Outstanding Range Over the Past 10 Years
Min: 69.76 Med: 194.78 Max: 1100.35
Current: 82.87

During the past 13 years, Shanxi Changcheng Microlight Equipment Co's highest Days Sales Outstanding was 1100.35. The lowest was 69.76. And the median was 194.78.

HKSE:08286's Days Sales Outstanding is ranked worse than
57.93% of 2458 companies
in the Hardware industry
Industry Median: 74.865 vs HKSE:08286: 82.87

Shanxi Changcheng Microlight Equipment Co's Days Sales Outstanding increased from Sep. 2022 (183.23) to Sep. 2023 (201.74).

Shanxi Changcheng Microlight Equipment Co Days Sales Outstanding Historical Data

The historical data trend for Shanxi Changcheng Microlight Equipment 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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Shanxi Changcheng Microlight Equipment Co Days Sales Outstanding Chart

Shanxi Changcheng Microlight Equipment Co Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Days Sales Outstanding

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163.87

192.88

1,100.35

286.55

196.67

Shanxi Changcheng Microlight Equipment Co Quarterly Data
	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23
Days Sales Outstanding	Get a 7-Day Free Trial															183.23	40.30	69.23	155.62	201.74

Competitive Comparison of Shanxi Changcheng Microlight Equipment Co's Days Sales Outstanding

For the Communication Equipment subindustry, Shanxi Changcheng Microlight Equipment 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.

Shanxi Changcheng Microlight Equipment Co's Days Sales Outstanding Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Shanxi Changcheng Microlight Equipment Co's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where Shanxi Changcheng Microlight Equipment Co's Days Sales Outstanding falls into.

Shanxi Changcheng Microlight Equipment 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.

Shanxi Changcheng Microlight Equipment Co's Days Sales Outstanding for the fiscal year that ended in Dec. 2022 is calculated as

	Days Sales Outstanding (A: Dec. 2022 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Dec. 2021 )	+	Accounts Receivable (A: Dec. 2022 ))	/	count )	/	Revenue (A: Dec. 2022 )	*	Days in Period
=	( (10.008	+	8.687)	/	2 )	/	17.348	*	365
=	9.3475					/	17.348	*	365
=	196.67

Shanxi Changcheng Microlight Equipment Co's Days Sales Outstanding for the quarter that ended in Sep. 2023 is calculated as:

	Days Sales Outstanding (Q: Sep. 2023 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Jun. 2023 )	+	Accounts Receivable (A: Sep. 2023 ))	/	count )	/	Revenue (A: Sep. 2023 )	*	Days in Period
=	( (22.261	+	0)	/	1 )	/	10.069	*	365 / 4
=	22.261					/	10.069	*	365 / 4
=	201.74

Shanxi Changcheng Microlight Equipment Co (HKSE:08286) Days Sales Outstanding Explanation

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

Shanxi Changcheng Microlight Equipment Co Days Sales Outstanding Related Terms

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Shanxi Changcheng Microlight Equipment Co (HKSE:08286) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Shanxi Changcheng Microlight Equipment Co Ltd (HKSE:08286) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 7 Dianzi Street, Demonstration Zone, Shanxi Province, Taiyuan, CHN

Website

http://www.sxccoe.com

Shanxi Changcheng Microlight Equipment Co Ltd is a China-based company engaged in the design, research, development, manufacture, and sale of image transmission fiber optic products. Image transmission fiber optics products manufactured by the company are image transmission devices containing a rigidly bundle of optical fibers arranged in an ordered fashion so that images can be transmitted from one end of the optical fiber bundle and displayed on the other end of the bundle. The company produces five main products, including fiber optic inverters, fiber optic straight plates, fiber optic face plates, fiber optic tapers and microchannel plates.

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