ArcherMind Technology (Nanjing) Co (SZSE:300598) Days Sales Outstanding : 131.55 (As of Mar. 2024)

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What is ArcherMind Technology (Nanjing) Co Days Sales Outstanding?

ArcherMind Technology (Nanjing) Co's average Accounts Receivable for the three months ended in Mar. 2024 was ¥604 Mil. ArcherMind Technology (Nanjing) Co's Revenue for the three months ended in Mar. 2024 was ¥419 Mil. Hence, ArcherMind Technology (Nanjing) Co's Days Sales Outstanding for the three months ended in Mar. 2024 was 131.55.

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

SZSE:300598' s Days Sales Outstanding Range Over the Past 10 Years
Min: 109.47 Med: 121.53 Max: 170.06
Current: 122.58

During the past 13 years, ArcherMind Technology (Nanjing) Co's highest Days Sales Outstanding was 170.06. The lowest was 109.47. And the median was 121.53.

SZSE:300598's Days Sales Outstanding is ranked worse than
82.28% of 2732 companies
in the Software industry
Industry Median: 61.675 vs SZSE:300598: 122.58

ArcherMind Technology (Nanjing) Co's Days Sales Outstanding declined from Mar. 2023 (133.15) to Mar. 2024 (131.55).

ArcherMind Technology (Nanjing) Co Days Sales Outstanding Historical Data

The historical data trend for ArcherMind Technology (Nanjing) 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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ArcherMind Technology (Nanjing) Co Days Sales Outstanding Chart

ArcherMind Technology (Nanjing) Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

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170.06

140.79

118.03

109.47

118.11

ArcherMind Technology (Nanjing) 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															133.15	117.56	135.13	114.26	131.55

Competitive Comparison of ArcherMind Technology (Nanjing) Co's Days Sales Outstanding

For the Information Technology Services subindustry, ArcherMind Technology (Nanjing) 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.

ArcherMind Technology (Nanjing) Co's Days Sales Outstanding Distribution in the Software Industry

For the Software industry and Technology sector, ArcherMind Technology (Nanjing) Co's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where ArcherMind Technology (Nanjing) Co's Days Sales Outstanding falls into.

ArcherMind Technology (Nanjing) 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.

ArcherMind Technology (Nanjing) 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
=	( (588.683	+	626.4)	/	2 )	/	1877.504	*	365
=	607.5415					/	1877.504	*	365
=	118.11

ArcherMind Technology (Nanjing) 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
=	( (626.4	+	582.22)	/	2 )	/	419.17	*	365 / 4
=	604.31					/	419.17	*	365 / 4
=	131.55

ArcherMind Technology (Nanjing) Co (SZSE:300598) Days Sales Outstanding Explanation

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

ArcherMind Technology (Nanjing) Co Days Sales Outstanding Related Terms

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ArcherMind Technology (Nanjing) Co (SZSE:300598) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » ArcherMind Technology (Nanjing) Co Ltd (SZSE:300598) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 19 Ningshuang Road, Yuhuatai District, Building B, Nanjing, Jiangsu, Nanjing, CHN, 210012

Website

https://www.archermind.com

ArcherMind Technology (Nanjing) Co Ltd is a China-based company engaged in offering software research, development, and consulting service in the fields of mobile devices and internet software. It provides solutions in the fields of Intelligent terminals, Smart automotive, Internet of Things (IoT) and Mobile internet. In Intelligent terminals, the company provides solutions for smartphone, tablet and virtual reality. Smart automotive comprise solutions such as digital cluster, automotive infotainment, intelligent cloud mirror, and smart cockpit. IoT solutions offer solutions for healthcare, home, kitchen and bath, whereas Mobile internet involves finance solutions. The company has a business presence around the world.

Executives

Wang Kun	Directors, executives
Wang Jin Feng	Directors, executives
Huang Hai Yan	Directors, executives
Liu He Yi	Director
Liu Yong	Independent director

ArcherMind Technology (Nanjing) Co (SZSE:300598) Headlines

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