Hangzhou Zhongheng Electric Co (SZSE:002364) Days Sales Outstanding : 239.54 (As of Mar. 2024)

View and export this data going back to 2010. Start your Free Trial

What is Hangzhou Zhongheng Electric Co Days Sales Outstanding?

Hangzhou Zhongheng Electric Co's average Accounts Receivable for the three months ended in Mar. 2024 was ¥917 Mil. Hangzhou Zhongheng Electric Co's Revenue for the three months ended in Mar. 2024 was ¥349 Mil. Hence, Hangzhou Zhongheng Electric Co's Days Sales Outstanding for the three months ended in Mar. 2024 was 239.54.

The historical rank and industry rank for Hangzhou Zhongheng Electric Co's Days Sales Outstanding or its related term are showing as below:

SZSE:002364' s Days Sales Outstanding Range Over the Past 10 Years
Min: 203.85 Med: 240.43 Max: 280.55
Current: 203.85

During the past 13 years, Hangzhou Zhongheng Electric Co's highest Days Sales Outstanding was 280.55. The lowest was 203.85. And the median was 240.43.

SZSE:002364's Days Sales Outstanding is ranked worse than
91.99% of 2946 companies
in the Industrial Products industry
Industry Median: 79.93 vs SZSE:002364: 203.85

Hangzhou Zhongheng Electric Co's Days Sales Outstanding declined from Mar. 2023 (308.02) to Mar. 2024 (239.54).

Hangzhou Zhongheng Electric Co Days Sales Outstanding Historical Data

The historical data trend for Hangzhou Zhongheng Electric 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.

Hangzhou Zhongheng Electric Co Days Sales Outstanding Chart

Hangzhou Zhongheng Electric Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

Get a 7-Day Free Trial

267.56

249.98

210.65

231.15

224.68

Hangzhou Zhongheng Electric 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															308.02	212.62	264.23	149.79	239.54

Competitive Comparison of Hangzhou Zhongheng Electric Co's Days Sales Outstanding

For the Electrical Equipment & Parts subindustry, Hangzhou Zhongheng Electric 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.

Hangzhou Zhongheng Electric Co's Days Sales Outstanding Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Hangzhou Zhongheng Electric Co's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where Hangzhou Zhongheng Electric Co's Days Sales Outstanding falls into.

Hangzhou Zhongheng Electric 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.

Hangzhou Zhongheng Electric 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
=	( (954.428	+	960.501)	/	2 )	/	1555.44	*	365
=	957.4645					/	1555.44	*	365
=	224.68

Hangzhou Zhongheng Electric 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
=	( (960.501	+	874.341)	/	2 )	/	349.487	*	365 / 4
=	917.421					/	349.487	*	365 / 4
=	239.54

Hangzhou Zhongheng Electric Co (SZSE:002364) Days Sales Outstanding Explanation

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

Hangzhou Zhongheng Electric Co Days Sales Outstanding Related Terms

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

Hangzhou Zhongheng Electric Co (SZSE:002364) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Hangzhou Zhongheng Electric Co Ltd (SZSE:002364) » Definitions » Days Sales Outstanding

Traded in Other Exchanges

N/A

Address

No. 69 Dongxin Avenue, High-tech Zone, Zhongheng Building, Zhijiang Science and Technology Industrial Park, Binjiang District, Hangzhou, CHN, 310053

Website

http://www.hzzh.com

Hangzhou Zhongheng Electric Co Ltd is a China-based provider of electric power informatization software and consulting services. It offers high-frequency switching power systems for the telecommunication, electricity generation, and railway industries. The business segments of the company are Power informatization and Power electronics manufacturing. The products of the company are offered in the categories of power information, electronic manufacturing and energy internet. Its products include power IoT monitoring products, power production lean management products, relay protection setting calculation system, electric vehicle charging station equipment, high-voltage DC power system, energy internet products, and others.

Executives

Zhou Qing Jie	Director
Zhu Guo Ding	Secretary, Director
Zhao Da Chun	Directors, executives
Sun Dan	Directors, executives
Xu Zeng Xin	Executives
Zhang Yong Hao	Director
Xu Yi Jun	Directors, executives
Huang Jing Jing	Supervisors
Chen Zhi Yun	Directors, Directors, and Executives
Song Yu Kun	Securities Affairs Representative
Liao Li Rong	Executives
Qian Tao	Director

Hangzhou Zhongheng Electric Co (SZSE:002364) Headlines

No Headlines