Shanghai STEP Electric (SZSE:002527) Days Sales Outstanding : 134.89 (As of Mar. 2024)

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What is Shanghai STEP Electric Days Sales Outstanding?

Shanghai STEP Electric's average Accounts Receivable for the three months ended in Mar. 2024 was ¥1,015 Mil. Shanghai STEP Electric's Revenue for the three months ended in Mar. 2024 was ¥686 Mil. Hence, Shanghai STEP Electric's Days Sales Outstanding for the three months ended in Mar. 2024 was 134.89.

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

SZSE:002527' s Days Sales Outstanding Range Over the Past 10 Years
Min: 79.08 Med: 93.66 Max: 140.91
Current: 113.06

During the past 13 years, Shanghai STEP Electric's highest Days Sales Outstanding was 140.91. The lowest was 79.08. And the median was 93.66.

SZSE:002527's Days Sales Outstanding is ranked worse than
73.3% of 2959 companies
in the Industrial Products industry
Industry Median: 79.62 vs SZSE:002527: 113.06

Shanghai STEP Electric's Days Sales Outstanding increased from Mar. 2023 (83.75) to Mar. 2024 (134.89).

Shanghai STEP Electric Days Sales Outstanding Historical Data

The historical data trend for Shanghai STEP Electric'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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Shanghai STEP Electric Days Sales Outstanding Chart

Shanghai STEP Electric Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

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89.43

80.06

79.08

106.60

97.99

Shanghai STEP Electric 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															83.75	102.03	109.06	114.37	134.89

Competitive Comparison of Shanghai STEP Electric's Days Sales Outstanding

For the Specialty Industrial Machinery subindustry, Shanghai STEP Electric'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.

Shanghai STEP Electric's Days Sales Outstanding Distribution in the Industrial Products Industry

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

* The bar in red indicates where Shanghai STEP Electric's Days Sales Outstanding falls into.

Shanghai STEP Electric 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.

Shanghai STEP Electric'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
=	( (809.268	+	1009.498)	/	2 )	/	3387.453	*	365
=	909.383					/	3387.453	*	365
=	97.99

Shanghai STEP Electric'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
=	( (1009.498	+	1019.567)	/	2 )	/	686.322	*	365 / 4
=	1014.5325					/	686.322	*	365 / 4
=	134.89

Shanghai STEP Electric (SZSE:002527) Days Sales Outstanding Explanation

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

Shanghai STEP Electric Days Sales Outstanding Related Terms

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Shanghai STEP Electric (SZSE:002527) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Shanghai STEP Electric Corp (SZSE:002527) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

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Address

NO. 1560,Siyi Road, Jiading District, Shanghai, CHN, 201802

Website

http://www.stepelevator.com

Shanghai STEP Electric Corp is a China-based company engaged in the research and development, manufacture and distribution of industrial automation control products. Its products include elevator controlling system sets, energy-saving products and industrial drives, robotics and motion control products, among others. The company distributes its products in domestic market and to overseas markets.

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