Cenntro (Cenntro) Days Sales Outstanding : 59.23 (As of Dec. 2023)

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What is Cenntro Days Sales Outstanding?

Cenntro's average Accounts Receivable for the three months ended in Dec. 2023 was $5.59 Mil. Cenntro's Revenue for the three months ended in Dec. 2023 was $8.61 Mil. Hence, Cenntro's Days Sales Outstanding for the three months ended in Dec. 2023 was 59.23.

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

CENN' s Days Sales Outstanding Range Over the Past 10 Years
Min: 25.24 Med: 53.33 Max: 58.65
Current: 56.6

During the past 5 years, Cenntro's highest Days Sales Outstanding was 58.65. The lowest was 25.24. And the median was 53.33.

CENN's Days Sales Outstanding is ranked better than
55.05% of 1268 companies
in the Vehicles & Parts industry
Industry Median: 60.285 vs CENN: 56.60

Cenntro's Days Sales Outstanding increased from Dec. 2022 (28.48) to Dec. 2023 (59.23).

Cenntro Days Sales Outstanding Historical Data

The historical data trend for Cenntro'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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Cenntro Days Sales Outstanding Chart

Cenntro Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

29.80

25.24

53.43

53.33

58.65

Cenntro Quarterly Data
	Dec19	Jun20	Dec20	Jun21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Days Sales Outstanding	Get a 7-Day Free Trial								28.48	43.35	57.91	57.73	59.23

Competitive Comparison of Cenntro's Days Sales Outstanding

For the Auto Manufacturers subindustry, Cenntro'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.

Cenntro's Days Sales Outstanding Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Cenntro's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where Cenntro's Days Sales Outstanding falls into.

Cenntro 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.

Cenntro'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
=	( (0.565	+	6.531)	/	2 )	/	22.08	*	365
=	3.548					/	22.08	*	365
=	58.65

Cenntro's Days Sales Outstanding for the quarter that ended in Dec. 2023 is calculated as:

	Days Sales Outstanding (Q: Dec. 2023 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Sep. 2023 )	+	Accounts Receivable (A: Dec. 2023 ))	/	count )	/	Revenue (A: Dec. 2023 )	*	Days in Period
=	( (4.646	+	6.531)	/	2 )	/	8.609	*	365 / 4
=	5.5885					/	8.609	*	365 / 4
=	59.23

Cenntro (NAS:CENN) Days Sales Outstanding Explanation

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

Cenntro Days Sales Outstanding Related Terms

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Cenntro (Cenntro) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Cenntro Inc (NAS:CENN) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

0SQ:Germany 0SQA:Germany

Address

501 Okerson Road, Freehold, NJ, USA, 07728

Website

https://www.cenntroauto.com

Cenntro Electric Group Ltd is a commercial electric vehicle technology company with advanced, market-validated electric commercial vehicles. It plans to lead transformation in the auto industry through scalable, decentralized production and fully digitalized autonomous driving solutions. Its vehicles include Metro, Logistar 400, Logistar 200, Neibor 200, and ORV. The company's geographical segments include Europe, America, Asia, and Oceania.

Executives

Edmond Cheng	officer: Chief Financial Officer	C/O UTSTARCOM, INC., 1275 HARBOR BAY PARKWAY, ALAMEDA CA 94502
Peter Wang	director, 10 percent owner, officer: CEO and Executive Director
Ming He	officer: Treasurer	NO. 106 ZHONGHUAN SOUTH ROAD, AIRPORT INDUSTRIAL PARK, TIANJIN F4 300308
Christopher Thorne	director	501 OKERSON ROAD, FREEHOLD NJ 07728
Mathew Zauner	officer: Corporate Secretary	501 OKERSON ROAD, FREEHOLD NJ 07728
Jiawei Tong	director	501 OKERSON ROAD, FREEHOLD NJ 07728
Tony Wen Tsai	officer: Corporate Secretary	501 OKERSON ROAD, FREEHOLD NJ 07728
Marianne Mcinerney	officer: Chief Marketing Officer	501 OKERSON ROAD, FREEHOLD NJ 07728
Yi Zeng	director	501 OKERSON ROAD, FREEHOLD NJ 07728
Wei Zhong	officer: Chief Technology Officer	501 OKERSON ROAD, FREEHOLD NJ 07728
Benjamin B Ge	director	501 OKERSON ROAD, FREEHOLD NJ 07728