Hollysys Automation Technologies (Hollysys Automation Technologies) Days Sales Outstanding : 149.17 (As of Sep. 2023)

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What is Hollysys Automation Technologies Days Sales Outstanding?

Hollysys Automation Technologies's average Accounts Receivable for the three months ended in Sep. 2023 was $326.8 Mil. Hollysys Automation Technologies's Revenue for the three months ended in Sep. 2023 was $199.9 Mil. Hence, Hollysys Automation Technologies's Days Sales Outstanding for the three months ended in Sep. 2023 was 149.17.

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

HOLI' s Days Sales Outstanding Range Over the Past 10 Years
Min: 145.05 Med: 179.24 Max: 204.38
Current: 145.05

During the past 13 years, Hollysys Automation Technologies's highest Days Sales Outstanding was 204.38. The lowest was 145.05. And the median was 179.24.

HOLI's Days Sales Outstanding is ranked worse than
83.5% of 2958 companies
in the Industrial Products industry
Industry Median: 79.14 vs HOLI: 145.05

Hollysys Automation Technologies's Days Sales Outstanding declined from Sep. 2022 (170.51) to Sep. 2023 (149.17).

Hollysys Automation Technologies Days Sales Outstanding Historical Data

The historical data trend for Hollysys Automation Technologies'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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Hollysys Automation Technologies Days Sales Outstanding Chart

Hollysys Automation Technologies Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Days Sales Outstanding

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188.41

199.67

184.47

172.65

157.57

Hollysys Automation Technologies Quarterly Data
	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23
Days Sales Outstanding	Get a 7-Day Free Trial															170.51	118.27	174.54	154.62	149.17

Competitive Comparison of Hollysys Automation Technologies's Days Sales Outstanding

For the Electrical Equipment & Parts subindustry, Hollysys Automation Technologies'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.

Hollysys Automation Technologies's Days Sales Outstanding Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Hollysys Automation Technologies's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where Hollysys Automation Technologies's Days Sales Outstanding falls into.

Hollysys Automation Technologies 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.

Hollysys Automation Technologies's Days Sales Outstanding for the fiscal year that ended in Jun. 2023 is calculated as

	Days Sales Outstanding (A: Jun. 2023 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Jun. 2022 )	+	Accounts Receivable (A: Jun. 2023 ))	/	count )	/	Revenue (A: Jun. 2023 )	*	Days in Period
=	( (326.413	+	344.785)	/	2 )	/	777.373	*	365
=	335.599					/	777.373	*	365
=	157.57

Hollysys Automation Technologies's Days Sales Outstanding for the quarter that ended in Sep. 2023 is calculated as:

	Days Sales Outstanding (Q: Sep. 2023 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Jun. 2023 )	+	Accounts Receivable (A: Sep. 2023 ))	/	count )	/	Revenue (A: Sep. 2023 )	*	Days in Period
=	( (344.785	+	308.788)	/	2 )	/	199.9	*	365 / 4
=	326.7865					/	199.9	*	365 / 4
=	149.17

Hollysys Automation Technologies (NAS:HOLI) Days Sales Outstanding Explanation

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

Hollysys Automation Technologies Days Sales Outstanding Related Terms

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Hollysys Automation Technologies (Hollysys Automation Technologies) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Hollysys Automation Technologies Ltd (NAS:HOLI) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

46H:Germany

Address

No. 2 Disheng Middle Road, Beijing Economic-Technological Development Area, Beijing, CHN, 100176

Website

https://www.hollysys.com/index.php

Hollysys Automation Technologies Ltd is a China-based company that provides automation and control technologies and products. The company operates through three segments. Its IA segment supplies solutions including third-party hardware-centric products, proprietary software products, and others. The Rail segment supplies train control center and automation train protection to the rail and subway industries. The M&E segment consists of its two Southeast Asia-based subsidiaries that provide mechanical and electrical solutions. Hollysys Automation Technologies generates most of its sales from the Chinese domestic market.