Aotecar New Energy Technology Co (SZSE:002239) Days Sales Outstanding : 124.81 (As of Mar. 2024)

View and export this data going back to 2008. Start your Free Trial

What is Aotecar New Energy Technology Co Days Sales Outstanding?

Aotecar New Energy Technology Co's average Accounts Receivable for the three months ended in Mar. 2024 was ¥2,248 Mil. Aotecar New Energy Technology Co's Revenue for the three months ended in Mar. 2024 was ¥1,644 Mil. Hence, Aotecar New Energy Technology Co's Days Sales Outstanding for the three months ended in Mar. 2024 was 124.81.

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

SZSE:002239' s Days Sales Outstanding Range Over the Past 10 Years
Min: 78.82 Med: 96.02 Max: 118.05
Current: 99.66

During the past 13 years, Aotecar New Energy Technology Co's highest Days Sales Outstanding was 118.05. The lowest was 78.82. And the median was 96.02.

SZSE:002239's Days Sales Outstanding is ranked worse than
85.09% of 1268 companies
in the Vehicles & Parts industry
Industry Median: 60.285 vs SZSE:002239: 99.66

Aotecar New Energy Technology Co's Days Sales Outstanding increased from Mar. 2023 (114.99) to Mar. 2024 (124.81).

Aotecar New Energy Technology Co Days Sales Outstanding Historical Data

The historical data trend for Aotecar New Energy Technology 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.

Aotecar New Energy Technology Co Days Sales Outstanding Chart

Aotecar New Energy Technology Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

Get a 7-Day Free Trial

118.05

99.70

89.20

96.37

111.91

Aotecar New Energy Technology 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															114.99	93.27	83.72	100.81	124.81

Competitive Comparison of Aotecar New Energy Technology Co's Days Sales Outstanding

For the Auto Parts subindustry, Aotecar New Energy Technology 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.

Aotecar New Energy Technology Co's Days Sales Outstanding Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Aotecar New Energy Technology Co's Days Sales Outstanding distribution charts can be found below:

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

Aotecar New Energy Technology 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.

Aotecar New Energy Technology 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
=	( (1871.534	+	2330.319)	/	2 )	/	6851.998	*	365
=	2100.9265					/	6851.998	*	365
=	111.91

Aotecar New Energy Technology 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
=	( (2330.319	+	2166.302)	/	2 )	/	1643.8	*	365 / 4
=	2248.3105					/	1643.8	*	365 / 4
=	124.81

Aotecar New Energy Technology Co (SZSE:002239) Days Sales Outstanding Explanation

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

Aotecar New Energy Technology Co Days Sales Outstanding Related Terms

Thank you for viewing the detailed overview of Aotecar New Energy Technology Co's Days Sales Outstanding provided by GuruFocus.com. Please click on the following links to see related term pages.

Aotecar New Energy Technology Co (SZSE:002239) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Aotecar New Energy Technology Co Ltd (SZSE:002239) » Definitions » Days Sales Outstanding

Traded in Other Exchanges

N/A

Address

No. 66 Wenchang Road, High-tech Industrial Development Zone, Jiangsu Province, Nantong, CHN, 226300

Website

http://www.aotecar.com

Aotecar New Energy Technology Co Ltd is engaged in automotive thermal management system technology development, product production and sales. It offers automotive air conditioning compressors, automotive air conditioning systems, and engines. The company's main products include automotive air-conditioning compressors, automotive air-conditioning systems and related technical solutions.

Aotecar New Energy Technology Co (SZSE:002239) Headlines

No Headlines