Fujian Foxit Software Development Joint Stock Co (SHSE:688095) Days Sales Outstanding : 53.35 (As of Mar. 2024)

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What is Fujian Foxit Software Development Joint Stock Co Days Sales Outstanding?

Fujian Foxit Software Development Joint Stock Co's average Accounts Receivable for the three months ended in Mar. 2024 was ¥98.7 Mil. Fujian Foxit Software Development Joint Stock Co's Revenue for the three months ended in Mar. 2024 was ¥168.8 Mil. Hence, Fujian Foxit Software Development Joint Stock Co's Days Sales Outstanding for the three months ended in Mar. 2024 was 53.35.

The historical rank and industry rank for Fujian Foxit Software Development Joint Stock Co's Days Sales Outstanding or its related term are showing as below:

SHSE:688095' s Days Sales Outstanding Range Over the Past 10 Years
Min: 40.6 Med: 48.3 Max: 60.98
Current: 48.55

During the past 11 years, Fujian Foxit Software Development Joint Stock Co's highest Days Sales Outstanding was 60.98. The lowest was 40.60. And the median was 48.30.

SHSE:688095's Days Sales Outstanding is ranked better than
66.54% of 2732 companies
in the Software industry
Industry Median: 61.815 vs SHSE:688095: 48.55

Fujian Foxit Software Development Joint Stock Co's Days Sales Outstanding increased from Mar. 2023 (46.64) to Mar. 2024 (53.35).

Fujian Foxit Software Development Joint Stock Co Days Sales Outstanding Historical Data

The historical data trend for Fujian Foxit Software Development Joint Stock 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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Fujian Foxit Software Development Joint Stock Co Days Sales Outstanding Chart

Fujian Foxit Software Development Joint Stock Co Annual Data

Trend

Dec13

Dec14

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

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57.41

49.20

40.60

41.38

50.14

Fujian Foxit Software Development Joint Stock Co 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															46.64	48.83	43.05	46.37	53.35

Competitive Comparison of Fujian Foxit Software Development Joint Stock Co's Days Sales Outstanding

For the Software - Application subindustry, Fujian Foxit Software Development Joint Stock 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.

Fujian Foxit Software Development Joint Stock Co's Days Sales Outstanding Distribution in the Software Industry

For the Software industry and Technology sector, Fujian Foxit Software Development Joint Stock Co's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where Fujian Foxit Software Development Joint Stock Co's Days Sales Outstanding falls into.

Fujian Foxit Software Development Joint Stock 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.

Fujian Foxit Software Development Joint Stock Co'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
=	( (70.214	+	97.589)	/	2 )	/	610.757	*	365
=	83.9015					/	610.757	*	365
=	50.14

Fujian Foxit Software Development Joint Stock Co'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
=	( (97.589	+	99.794)	/	2 )	/	168.79	*	365 / 4
=	98.6915					/	168.79	*	365 / 4
=	53.35

Fujian Foxit Software Development Joint Stock Co (SHSE:688095) Days Sales Outstanding Explanation

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

Fujian Foxit Software Development Joint Stock Co Days Sales Outstanding Related Terms

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Fujian Foxit Software Development Joint Stock Co (SHSE:688095) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Fujian Foxit Software Development Joint Stock Co Ltd (SHSE:688095) » Definitions » Days Sales Outstanding

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Traded in Other Exchanges

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Address

No. 89 Software Avenue, Building 5, Area G, Fuzhou Software Park, Gulou District, Fujian Province, Fuzhou, CHN, 350003

Website

https://www.foxitsoftware.cn

Fujian Foxit Software Development Joint Stock Co Ltd is an internationally operated PDF electronic document solution provider. The company develops and markets PDF products and services to help knowledge workers increase productivity and do more when processing documents. Its products include Foxit Reader, Foxit MobilePDF, Foxit Advanced PDF Editor, Foxit PDF IFilter; and its Development platform and tools include Foxit PDF SDK, Foxit PDF SDK ActiveX, Foxit PDF SDK for Web, and Foxit PDF Toolkit.

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