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Gohigh Networks Co (SZSE:000851) Days Sales Outstanding : 144.37 (As of Sep. 2023)


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What is Gohigh Networks Co Days Sales Outstanding?

Gohigh Networks Co's average Accounts Receivable for the three months ended in Sep. 2023 was ¥2,655 Mil. Gohigh Networks Co's Revenue for the three months ended in Sep. 2023 was ¥1,678 Mil. Hence, Gohigh Networks Co's Days Sales Outstanding for the three months ended in Sep. 2023 was 144.37.

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

SZSE:000851' s Days Sales Outstanding Range Over the Past 10 Years
Min: 51.13   Med: 62.32   Max: 203.39
Current: 141

During the past 13 years, Gohigh Networks Co's highest Days Sales Outstanding was 203.39. The lowest was 51.13. And the median was 62.32.

SZSE:000851's Days Sales Outstanding is ranked worse than
86.57% of 2458 companies
in the Hardware industry
Industry Median: 74.995 vs SZSE:000851: 141.00

Gohigh Networks Co's Days Sales Outstanding declined from Sep. 2022 (208.60) to Sep. 2023 (144.37).


Gohigh Networks Co Days Sales Outstanding Historical Data

The historical data trend for Gohigh Networks 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.

* Premium members only.

Gohigh Networks Co Days Sales Outstanding Chart

Gohigh Networks Co Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Days Sales Outstanding
Get a 7-Day Free Trial Premium Member Only Premium Member Only 51.50 89.11 203.39 143.81 150.08

Gohigh Networks 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 208.60 84.31 206.98 216.60 144.37

Competitive Comparison of Gohigh Networks Co's Days Sales Outstanding

For the Communication Equipment subindustry, Gohigh Networks 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.


Gohigh Networks Co's Days Sales Outstanding Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Gohigh Networks Co's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where Gohigh Networks Co's Days Sales Outstanding falls into.



Gohigh Networks 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.

Gohigh Networks 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
=( (2864.573 + 2774.752) / 2 ) / 6857.68*365
=2819.6625 / 6857.68*365
=150.08

Gohigh Networks 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
=( (2715.323 + 2594.446) / 2 ) / 1678.053*365 / 4
=2654.8845 / 1678.053*365 / 4
=144.37

* 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.


Gohigh Networks Co  (SZSE:000851) Days Sales Outstanding Explanation

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


Gohigh Networks Co Days Sales Outstanding Related Terms

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Gohigh Networks Co (SZSE:000851) Business Description

Traded in Other Exchanges
N/A
Address
Gui'an Comprehensive Bonded Zone, No. 610-210, 6th Floor, Building B, E-Commerce Science and Technology Park, New District, Guizhou Province, Gui'an, CHN, 100083
Gohigh Networks Co Ltd is a China-based company engaged in the manufacture of communication equipment.

Gohigh Networks Co (SZSE:000851) Headlines

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