Tansun Technology Co (SZSE:300872) Days Sales Outstanding : 263.20 (As of Mar. 2024)

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What is Tansun Technology Co Days Sales Outstanding?

Tansun Technology Co's average Accounts Receivable for the three months ended in Mar. 2024 was ¥1,407 Mil. Tansun Technology Co's Revenue for the three months ended in Mar. 2024 was ¥488 Mil. Hence, Tansun Technology Co's Days Sales Outstanding for the three months ended in Mar. 2024 was 263.20.

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

SZSE:300872' s Days Sales Outstanding Range Over the Past 10 Years
Min: 184.77 Med: 217.4 Max: 286.08
Current: 286.08

During the past 10 years, Tansun Technology Co's highest Days Sales Outstanding was 286.08. The lowest was 184.77. And the median was 217.40.

SZSE:300872's Days Sales Outstanding is ranked worse than
93.82% of 2734 companies
in the Software industry
Industry Median: 61.83 vs SZSE:300872: 286.08

Tansun Technology Co's Days Sales Outstanding declined from Mar. 2023 (298.52) to Mar. 2024 (263.20).

Tansun Technology Co Days Sales Outstanding Historical Data

The historical data trend for Tansun 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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Tansun Technology Co Days Sales Outstanding Chart

Tansun Technology Co Annual Data

Trend

Dec13

Dec14

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

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207.03

209.84

222.46

257.77

264.64

Tansun 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															298.52	317.67	295.57	260.28	263.20

Competitive Comparison of Tansun Technology Co's Days Sales Outstanding

For the Information Technology Services subindustry, Tansun 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.

Tansun Technology Co's Days Sales Outstanding Distribution in the Software Industry

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

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

Tansun 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.

Tansun 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
=	( (1536.902	+	1270.126)	/	2 )	/	1935.802	*	365
=	1403.514					/	1935.802	*	365
=	264.64

Tansun 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
=	( (1270.126	+	1543.49)	/	2 )	/	487.726	*	365 / 4
=	1406.808					/	487.726	*	365 / 4
=	263.20

Tansun Technology Co (SZSE:300872) Days Sales Outstanding Explanation

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

Tansun Technology Co Days Sales Outstanding Related Terms

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Tansun Technology Co (SZSE:300872) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Tansun Technology Co Ltd (SZSE:300872) » Definitions » Days Sales Outstanding

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Traded in Other Exchanges

N/A

Address

No. 7 Linqionggang East 1st Road, Room 608, Block A, Tibet Xixin Trading Co., Ltd, Lhasa Economic and Technological Development Zone, Tibet Autonomous Region, Lhasa, CHN, 850000

Website

http://www.tansun.com.cn

Tansun Technology Co Ltd is engaged in independent research and development of core technologies and products, focusing on customer assets (credit, transaction banking and supply chain finance), risk management, core business systems. The company is focused on providing long-term IT solutions and services for financial industry customers, including central banks, political banks, state-owned banks, joint-stock banks, local commercial banks, and non-banking financial institutions. Its services include consulting and testing services.

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