ChengduRO Technology Co (SZSE:300101) Days Sales Outstanding : 623.42 (As of Mar. 2024)

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What is ChengduRO Technology Co Days Sales Outstanding?

ChengduRO Technology Co's average Accounts Receivable for the three months ended in Mar. 2024 was ¥950.2 Mil. ChengduRO Technology Co's Revenue for the three months ended in Mar. 2024 was ¥139.1 Mil. Hence, ChengduRO Technology Co's Days Sales Outstanding for the three months ended in Mar. 2024 was 623.42.

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

SZSE:300101' s Days Sales Outstanding Range Over the Past 10 Years
Min: 103.78 Med: 242.93 Max: 439.8
Current: 439.8

During the past 13 years, ChengduRO Technology Co's highest Days Sales Outstanding was 439.80. The lowest was 103.78. And the median was 242.93.

SZSE:300101's Days Sales Outstanding is ranked worse than
98.7% of 2460 companies
in the Hardware industry
Industry Median: 74.5 vs SZSE:300101: 439.80

ChengduRO Technology Co's Days Sales Outstanding increased from Mar. 2023 (409.37) to Mar. 2024 (623.42).

Warning Sign:

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

ChengduRO Technology Co Days Sales Outstanding Historical Data

The historical data trend for ChengduRO 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.

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ChengduRO Technology Co Days Sales Outstanding Chart

ChengduRO Technology Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

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295.87

276.02

219.77

208.55

383.49

ChengduRO 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															409.37	349.98	514.47	384.87	623.42

Competitive Comparison of ChengduRO Technology Co's Days Sales Outstanding

For the Communication Equipment subindustry, ChengduRO 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.

ChengduRO Technology Co's Days Sales Outstanding Distribution in the Hardware Industry

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

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

ChengduRO 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.

ChengduRO 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
=	( (841.445	+	948.756)	/	2 )	/	851.936	*	365
=	895.1005					/	851.936	*	365
=	383.49

ChengduRO 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
=	( (948.756	+	951.63)	/	2 )	/	139.08	*	365 / 4
=	950.193					/	139.08	*	365 / 4
=	623.42

ChengduRO Technology Co (SZSE:300101) Days Sales Outstanding Explanation

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

ChengduRO Technology Co Days Sales Outstanding Related Terms

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ChengduRO Technology Co (SZSE:300101) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Chengdu CORPRO Technology Co Ltd (SZSE:300101) » Definitions » Days Sales Outstanding

Traded in Other Exchanges

N/A

Address

GoldTel Park, West High-Tech Zone, Chengdu, Sichuan, CHN, 611731

Website

http://www.corpro.cn

Chengdu CORPRO Technology Co Ltd is engaged in the manufacturing and distribution of communication and related equipment. The main products include key components of Beidou satellite navigation application, high-performance integrated circuit, Beidou satellite navigation terminal and Beidou satellite navigation and positioning application system.

Executives

Xie Jun	Director
Mo Ran	Director
Hu Biao	Supervisors
Mo Xiao Yu	Director
Yang Guo Yong	Directors, Directors, and Executives
Yan Hong Lin	Executives
Yang Zhang	Director
Xu Yi	Directors, executives
Zhao Ze Song	Independent director
Chen Tian Hui	Director
Wei Jian Ping	Director
Jiang Cai	Director

ChengduRO Technology Co (SZSE:300101) Headlines

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