GL Tech Co (SZSE:300480) Days Sales Outstanding : 190.92 (As of Mar. 2024)

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What is GL Tech Co Days Sales Outstanding?

GL Tech Co's average Accounts Receivable for the three months ended in Mar. 2024 was ¥304.6 Mil. GL Tech Co's Revenue for the three months ended in Mar. 2024 was ¥145.6 Mil. Hence, GL Tech Co's Days Sales Outstanding for the three months ended in Mar. 2024 was 190.92.

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

SZSE:300480' s Days Sales Outstanding Range Over the Past 10 Years
Min: 155.11 Med: 228.92 Max: 350.65
Current: 162.48

During the past 13 years, GL Tech Co's highest Days Sales Outstanding was 350.65. The lowest was 155.11. And the median was 228.92.

SZSE:300480's Days Sales Outstanding is ranked worse than
86.71% of 2942 companies
in the Industrial Products industry
Industry Median: 79.805 vs SZSE:300480: 162.48

GL Tech Co's Days Sales Outstanding increased from Mar. 2023 (165.68) to Mar. 2024 (190.92).

GL Tech Co Days Sales Outstanding Historical Data

The historical data trend for GL Tech 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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GL Tech Co Days Sales Outstanding Chart

GL Tech Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

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207.58

216.00

180.42

169.60

155.11

GL Tech 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															165.68	148.00	161.52	160.04	190.92

Competitive Comparison of GL Tech Co's Days Sales Outstanding

For the Electrical Equipment & Parts subindustry, GL Tech 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.

GL Tech Co's Days Sales Outstanding Distribution in the Industrial Products Industry

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

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

GL Tech 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.

GL Tech 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
=	( (249.429	+	312.243)	/	2 )	/	660.835	*	365
=	280.836					/	660.835	*	365
=	155.11

GL Tech 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
=	( (312.243	+	297.035)	/	2 )	/	145.599	*	365 / 4
=	304.639					/	145.599	*	365 / 4
=	190.92

GL Tech Co (SZSE:300480) Days Sales Outstanding Explanation

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

GL Tech Co Days Sales Outstanding Related Terms

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GL Tech Co (SZSE:300480) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » GL Tech Co Ltd (SZSE:300480) » Definitions » Days Sales Outstanding

Traded in Other Exchanges

N/A

Address

No. 10 Changchun Road, Zhengzhou High-tech Development Zone, Henan Province, Zhengzhou, CHN, 450001

Website

http://www.gltech.cn

GL Tech Co Ltd develops and produces instruments and complete solutions for the purposes of environmental protection, energy saving, and product safety. Its product line involves three areas: power production, coal mine safety production and semiconductor precision processing and manufacturing. Its products include two categories: safety production monitoring products; power production monitoring and environmental protection products.

Executives

Zhao Tong Yu	Director
Li Zu Qing	Directors, executives
Cao Wei	Secretary Dong
Sun Jian Hua	Director
Zhu Rui Hong	Supervisors
Li Yu Xia	Director
Liu Chun Feng	Executives
Guan Ping Li	Securities Affairs Representative

GL Tech Co (SZSE:300480) Headlines

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