Chengdu Sino Microelectronics Tech Co (SHSE:688709) Days Sales Outstanding : 625.62 (As of Mar. 2024)

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What is Chengdu Sino Microelectronics Tech Co Days Sales Outstanding?

Chengdu Sino Microelectronics Tech Co's average Accounts Receivable for the three months ended in Mar. 2024 was ¥954.1 Mil. Chengdu Sino Microelectronics Tech Co's Revenue for the three months ended in Mar. 2024 was ¥139.2 Mil. Hence, Chengdu Sino Microelectronics Tech Co's Days Sales Outstanding for the three months ended in Mar. 2024 was 625.62.

The historical rank and industry rank for Chengdu Sino Microelectronics Tech Co's Days Sales Outstanding or its related term are showing as below:

SHSE:688709' s Days Sales Outstanding Range Over the Past 10 Years
Min: 116 Med: 178.05 Max: 378.45
Current: 378.45

During the past 6 years, Chengdu Sino Microelectronics Tech Co's highest Days Sales Outstanding was 378.45. The lowest was 116.00. And the median was 178.05.

SHSE:688709's Days Sales Outstanding is ranked worse than
98.25% of 2459 companies
in the Hardware industry
Industry Median: 74.61 vs SHSE:688709: 378.45

Chengdu Sino Microelectronics Tech Co's Days Sales Outstanding increased from Mar. 2023 (218.39) to Mar. 2024 (625.62).

Warning Sign:

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

Chengdu Sino Microelectronics Tech Co Days Sales Outstanding Historical Data

The historical data trend for Chengdu Sino Microelectronics Tech 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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Chengdu Sino Microelectronics Tech Co Days Sales Outstanding Chart

Chengdu Sino Microelectronics Tech Co Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

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186.50

116.00

134.57

169.60

283.66

Chengdu Sino Microelectronics Tech Co Quarterly Data
	Dec18	Dec19	Dec20	Sep21	Dec21	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Days Sales Outstanding	Get a 7-Day Free Trial								218.39	298.90	420.61	267.77	625.62

Competitive Comparison of Chengdu Sino Microelectronics Tech Co's Days Sales Outstanding

For the Electronic Components subindustry, Chengdu Sino Microelectronics Tech 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.

Chengdu Sino Microelectronics Tech Co's Days Sales Outstanding Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Chengdu Sino Microelectronics Tech Co's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where Chengdu Sino Microelectronics Tech Co's Days Sales Outstanding falls into.

Chengdu Sino Microelectronics Tech 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.

Chengdu Sino Microelectronics Tech 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
=	( (523.544	+	915.834)	/	2 )	/	926.054	*	365
=	719.689					/	926.054	*	365
=	283.66

Chengdu Sino Microelectronics Tech 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
=	( (915.834	+	992.404)	/	2 )	/	139.164	*	365 / 4
=	954.119					/	139.164	*	365 / 4
=	625.62

Chengdu Sino Microelectronics Tech Co (SHSE:688709) Days Sales Outstanding Explanation

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

Chengdu Sino Microelectronics Tech Co Days Sales Outstanding Related Terms

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Chengdu Sino Microelectronics Tech Co (SHSE:688709) Business Description

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GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Chengdu Sino Microelectronics Tech Co Ltd (SHSE:688709) » Definitions » Days Sales Outstanding

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Chengdu Sino Microelectronics Tech Co Ltd is engaged in research and development, design, testing and sales of special integrated circuits.

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