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Guangdong Create Century Intelligent Equipment Group (SZSE:300083) Days Sales Outstanding : 172.61 (As of Mar. 2024)


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What is Guangdong Create Century Intelligent Equipment Group Days Sales Outstanding?

Guangdong Create Century Intelligent Equipment Group's average Accounts Receivable for the three months ended in Mar. 2024 was ¥1,620 Mil. Guangdong Create Century Intelligent Equipment Group's Revenue for the three months ended in Mar. 2024 was ¥856 Mil. Hence, Guangdong Create Century Intelligent Equipment Group's Days Sales Outstanding for the three months ended in Mar. 2024 was 172.61.

The historical rank and industry rank for Guangdong Create Century Intelligent Equipment Group's Days Sales Outstanding or its related term are showing as below:

SZSE:300083' s Days Sales Outstanding Range Over the Past 10 Years
Min: 48.64   Med: 95.52   Max: 190.82
Current: 190.82

During the past 13 years, Guangdong Create Century Intelligent Equipment Group's highest Days Sales Outstanding was 190.82. The lowest was 48.64. And the median was 95.52.

SZSE:300083's Days Sales Outstanding is ranked worse than
90.87% of 2958 companies
in the Industrial Products industry
Industry Median: 79.24 vs SZSE:300083: 190.82

Guangdong Create Century Intelligent Equipment Group's Days Sales Outstanding increased from Mar. 2023 (139.31) to Mar. 2024 (172.61).

Warning Sign:

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


Guangdong Create Century Intelligent Equipment Group Days Sales Outstanding Historical Data

The historical data trend for Guangdong Create Century Intelligent Equipment Group'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.

Guangdong Create Century Intelligent Equipment Group Days Sales Outstanding Chart

Guangdong Create Century Intelligent Equipment Group Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Sales Outstanding
Get a 7-Day Free Trial Premium Member Only Premium Member Only 99.68 131.61 75.79 105.79 159.97

Guangdong Create Century Intelligent Equipment Group Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 139.31 178.03 211.84 195.03 172.61

Competitive Comparison of Guangdong Create Century Intelligent Equipment Group's Days Sales Outstanding

For the Specialty Industrial Machinery subindustry, Guangdong Create Century Intelligent Equipment Group'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.


Guangdong Create Century Intelligent Equipment Group's Days Sales Outstanding Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Guangdong Create Century Intelligent Equipment Group's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where Guangdong Create Century Intelligent Equipment Group's Days Sales Outstanding falls into.



Guangdong Create Century Intelligent Equipment Group 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.

Guangdong Create Century Intelligent Equipment Group's Days Sales Outstanding for the fiscal year that ended in Dec. 2023 is calculated as

Days Sales Outstanding (A: Dec. 2023 )
=Average Accounts Receivable /Revenue*Days in Period
=( (Accounts Receivable (A: Dec. 2022 ) + Accounts Receivable (A: Dec. 2023 )) / count ) / Revenue (A: Dec. 2023 )*Days in Period
=( (1578.205 + 1515.279) / 2 ) / 3529.211*365
=1546.742 / 3529.211*365
=159.97

Guangdong Create Century Intelligent Equipment Group's Days Sales Outstanding for the quarter that ended in Mar. 2024 is calculated as:

Days Sales Outstanding (Q: Mar. 2024 )
=Average Accounts Receivable /Revenue*Days in Period
=( (Accounts Receivable (A: Dec. 2023 ) + Accounts Receivable (A: Mar. 2024 )) / count ) / Revenue (A: Mar. 2024 )*Days in Period
=( (1515.279 + 1724.516) / 2 ) / 856.354*365 / 4
=1619.8975 / 856.354*365 / 4
=172.61

* 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.


Guangdong Create Century Intelligent Equipment Group  (SZSE:300083) Days Sales Outstanding Explanation

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


Guangdong Create Century Intelligent Equipment Group Days Sales Outstanding Related Terms

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Guangdong Create Century Intelligent Equipment Group (SZSE:300083) Business Description

Traded in Other Exchanges
N/A
Address
Weifeng Road, Jinsheng Intelligent Manufacturing Industrial Park, Administrative Office Building, Dongcheng District, Guangdong Province, Dongguan, CHN, 523007
Guangdong Create Century Intelligent Equipment Corp Ltd is engaged in research and development, production, sales and service of high-end intelligent equipment, with a complete range of CNC machine tools, including drilling and tapping machines, vertical machining centers, horizontal machining centers, gantry machining centers, CNC lathes, engraving and milling machines, and glass Series of precision processing equipment such as precision engraving machines, high-light machines, laser cutting machines. It is widely used in the processing of core components in the 5G industry chain, 3C consumer electronics, machinery manufacturing, medical equipment, new energy vehicles, auto parts, construction machinery and other fields.

Guangdong Create Century Intelligent Equipment Group (SZSE:300083) Headlines

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