Hwa Create (SZSE:300045) Days Sales Outstanding : 298.17 (As of Mar. 2024)

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What is Hwa Create Days Sales Outstanding?

Hwa Create's average Accounts Receivable for the three months ended in Mar. 2024 was ¥568.1 Mil. Hwa Create's Revenue for the three months ended in Mar. 2024 was ¥173.9 Mil. Hence, Hwa Create's Days Sales Outstanding for the three months ended in Mar. 2024 was 298.17.

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

SZSE:300045' s Days Sales Outstanding Range Over the Past 10 Years
Min: 193.62 Med: 396.62 Max: 679.14
Current: 287.98

During the past 13 years, Hwa Create's highest Days Sales Outstanding was 679.14. The lowest was 193.62. And the median was 396.62.

SZSE:300045's Days Sales Outstanding is ranked worse than
93% of 300 companies
in the Aerospace & Defense industry
Industry Median: 64.465 vs SZSE:300045: 287.98

Hwa Create's Days Sales Outstanding declined from Mar. 2023 (621.49) to Mar. 2024 (298.17).

Hwa Create Days Sales Outstanding Historical Data

The historical data trend for Hwa Create'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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Hwa Create Days Sales Outstanding Chart

Hwa Create Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

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505.75

466.70

442.85

679.14

306.28

Hwa Create 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															621.49	443.16	317.82	203.29	298.17

Competitive Comparison of Hwa Create's Days Sales Outstanding

For the Aerospace & Defense subindustry, Hwa Create'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.

Hwa Create's Days Sales Outstanding Distribution in the Aerospace & Defense Industry

For the Aerospace & Defense industry and Industrials sector, Hwa Create's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where Hwa Create's Days Sales Outstanding falls into.

Hwa Create 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.

Hwa Create'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
=	( (615.783	+	575.131)	/	2 )	/	709.628	*	365
=	595.457					/	709.628	*	365
=	306.28

Hwa Create'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
=	( (575.131	+	561.102)	/	2 )	/	173.862	*	365 / 4
=	568.1165					/	173.862	*	365 / 4
=	298.17

Hwa Create (SZSE:300045) Days Sales Outstanding Explanation

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

Hwa Create Days Sales Outstanding Related Terms

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Hwa Create (SZSE:300045) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Aerospace & Defense » Hwa Create Corp (SZSE:300045) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 8 Dongbeiwangxi Road, Chuangtong Technology Building, Building 18, Zhongguancun Software Park, Haidian District, Beijing, CHN, 100193

Website

http://www.hwacreate.com.cn

Hwa Create Corp is a China-based company engaged in the research and development, manufacturing, and sale of technologies and products of satellite navigation, radar and communication, navigation and communication antenna and embedded system. Its products are used in electromechanical industries of aviation, aerospace, ship and emulation training. The products of the company include Beidou satellite navigation chips, application modules, and their corresponding simulated test devices, designated antenna for satellite navigation, embedded modules and simulated test devices for radar and communication system, computer simulation and test platform for the electromechanical system, and computer simulation application development services.

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