CBAK Energy Technology (LTS:0A98) Days Sales Outstanding : 53.65 (As of Dec. 2023)

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What is CBAK Energy Technology Days Sales Outstanding?

CBAK Energy Technology's average Accounts Receivable for the three months ended in Dec. 2023 was $33.0 Mil. CBAK Energy Technology's Revenue for the three months ended in Dec. 2023 was $56.2 Mil. Hence, CBAK Energy Technology's Days Sales Outstanding for the three months ended in Dec. 2023 was 53.65.

The historical rank and industry rank for CBAK Energy Technology's Days Sales Outstanding or its related term are showing as below:

LTS:0A98' s Days Sales Outstanding Range Over the Past 10 Years
Min: 42.24 Med: 123.48 Max: 401.79
Current: 47.72

During the past 13 years, CBAK Energy Technology's highest Days Sales Outstanding was 401.79. The lowest was 42.24. And the median was 123.48.

LTS:0A98's Days Sales Outstanding is ranked better than
84.21% of 2957 companies
in the Industrial Products industry
Industry Median: 79.67 vs LTS:0A98: 47.72

CBAK Energy Technology's Days Sales Outstanding increased from Dec. 2022 (34.75) to Dec. 2023 (53.65).

CBAK Energy Technology Days Sales Outstanding Historical Data

The historical data trend for CBAK Energy Technology'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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CBAK Energy Technology Days Sales Outstanding Chart

CBAK Energy Technology Annual Data

Trend

Sep14

Sep15

Sep16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

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191.31

174.44

249.92

47.87

42.24

CBAK Energy Technology 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															47.67	49.92	45.43	53.65	48.54

Competitive Comparison of CBAK Energy Technology's Days Sales Outstanding

For the Electrical Equipment & Parts subindustry, CBAK Energy Technology'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.

CBAK Energy Technology's Days Sales Outstanding Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, CBAK Energy Technology's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where CBAK Energy Technology's Days Sales Outstanding falls into.

CBAK Energy Technology 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.

CBAK Energy Technology'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
=	( (21.148	+	26.17)	/	2 )	/	204.438	*	365
=	23.659					/	204.438	*	365
=	42.24

CBAK Energy Technology's Days Sales Outstanding for the quarter that ended in Dec. 2023 is calculated as:

	Days Sales Outstanding (Q: Dec. 2023 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Sep. 2023 )	+	Accounts Receivable (A: Dec. 2023 ))	/	count )	/	Revenue (A: Dec. 2023 )	*	Days in Period
=	( (39.895	+	26.17)	/	2 )	/	56.18	*	365 / 4
=	33.0325					/	56.18	*	365 / 4
=	53.65

CBAK Energy Technology (LTS:0A98) Days Sales Outstanding Explanation

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

CBAK Energy Technology Days Sales Outstanding Related Terms

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CBAK Energy Technology (LTS:0A98) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » CBAK Energy Technology Inc (LTS:0A98) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

CBAT:USA B6JA:Germany

Address

CBAK Industrial Park, Meigui Street, Huayuankou Economic Zone, Liaoning Province, Dalian, CHN, 116450

Website

https://www.cbak.com.cn

CBAK Energy Technology Inc is engaged in the manufacture, commercialization, and distribution of a variety of standard and customized lithium-ion high-power rechargeable batteries which are mainly used in electric vehicles, light electric vehicles, electric tools, energy storage, uninterruptible power supply, and other high power applications. The company manufactures five types of Li-ion rechargeable batteries namely aluminum-case cells, battery packs, cylindrical cells, lithium polymer cells, and high-power lithium battery cells. Geographically, it generates a majority of its revenue from Mainland China and also has an operation in Europe, the United States, Korea, and Other Countries.

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