Shenzhen Minkave Technology Co (SZSE:300506) Days Sales Outstanding : 1,479.19 (As of Mar. 2024)

View and export this data going back to 2016. Start your Free Trial

What is Shenzhen Minkave Technology Co Days Sales Outstanding?

Shenzhen Minkave Technology Co's average Accounts Receivable for the three months ended in Mar. 2024 was ¥401.84 Mil. Shenzhen Minkave Technology Co's Revenue for the three months ended in Mar. 2024 was ¥24.79 Mil. Hence, Shenzhen Minkave Technology Co's Days Sales Outstanding for the three months ended in Mar. 2024 was 1,479.19.

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

SZSE:300506' s Days Sales Outstanding Range Over the Past 10 Years
Min: 168.58 Med: 264.17 Max: 2434.6
Current: 2434.6

During the past 13 years, Shenzhen Minkave Technology Co's highest Days Sales Outstanding was 2434.60. The lowest was 168.58. And the median was 264.17.

SZSE:300506's Days Sales Outstanding is ranked worse than
99.76% of 2947 companies
in the Industrial Products industry
Industry Median: 79.82 vs SZSE:300506: 2434.60

Shenzhen Minkave Technology Co's Days Sales Outstanding declined from Mar. 2023 (1,991.10) to Mar. 2024 (1,479.19).

Shenzhen Minkave Technology Co Days Sales Outstanding Historical Data

The historical data trend for Shenzhen Minkave 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.

* Premium members only.

Shenzhen Minkave Technology Co Days Sales Outstanding Chart

Shenzhen Minkave Technology Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

Get a 7-Day Free Trial

294.29

829.89

671.45

2,141.98

2,292.92

Shenzhen Minkave 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															1,991.10	2,888.11	2,572.46	3,404.86	1,479.19

Competitive Comparison of Shenzhen Minkave Technology Co's Days Sales Outstanding

For the Electrical Equipment & Parts subindustry, Shenzhen Minkave 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.

Shenzhen Minkave Technology Co's Days Sales Outstanding Distribution in the Industrial Products Industry

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

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

Shenzhen Minkave 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.

Shenzhen Minkave 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
=	( (613.614	+	405.648)	/	2 )	/	81.126	*	365
=	509.631					/	81.126	*	365
=	2,292.92

Shenzhen Minkave 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
=	( (405.648	+	398.029)	/	2 )	/	24.789	*	365 / 4
=	401.8385					/	24.789	*	365 / 4
=	1,479.19

Shenzhen Minkave Technology Co (SZSE:300506) Days Sales Outstanding Explanation

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

Shenzhen Minkave Technology Co Days Sales Outstanding Related Terms

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

Shenzhen Minkave Technology Co (SZSE:300506) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Shenzhen Minkave Technology Co Ltd (SZSE:300506) » Definitions » Days Sales Outstanding

Traded in Other Exchanges

N/A

Address

17/F West Coast Mansion, Nanyou Avenue, Nanshan Distric, Shenzhen, CHN, 518054

Website

http://www.minkave.com

Shenzhen Minkave Technology Co Ltd engages in the research, development, production, and sale of lighting products and in lighting engineering design. It undertakes lighting projects in urban lighting planning, tourism and cultural scenic spots, municipal landscapes, architectural lighting, high-end office buildings, large venues, high-end hotels, urban complexes, smart cities, and railways and chemical industries.

Executives

Zhang Jing Shi	Director
Cheng Zong Yu	Directors, executives
Yuan Yan	Secretary, Director
Peng Yin Li	Directors, executives
Liu Dong Hua	Director
Ceng Li Ru	Securities Affairs Representative

Shenzhen Minkave Technology Co (SZSE:300506) Headlines

No Headlines