Jiangsu Hongtu High Technology Co (SHSE:600122) Days Sales Outstanding : 84.29 (As of Mar. 2023)

View and export this data going back to 1998. Start your Free Trial

What is Jiangsu Hongtu High Technology Co Days Sales Outstanding?

Jiangsu Hongtu High Technology Co's average Accounts Receivable for the three months ended in Mar. 2023 was ¥205 Mil. Jiangsu Hongtu High Technology Co's Revenue for the three months ended in Mar. 2023 was ¥222 Mil. Hence, Jiangsu Hongtu High Technology Co's Days Sales Outstanding for the three months ended in Mar. 2023 was 84.29.

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

SHSE:600122's Days Sales Outstanding is not ranked ^*
in the Hardware industry.
Industry Median: 74.48
* Ranked among companies with meaningful Days Sales Outstanding only.

Jiangsu Hongtu High Technology Co's Days Sales Outstanding declined from Mar. 2022 (296.06) to Mar. 2023 (84.29).

Jiangsu Hongtu High Technology Co Days Sales Outstanding Historical Data

The historical data trend for Jiangsu Hongtu High 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.

Jiangsu Hongtu High Technology Co Days Sales Outstanding Chart

Jiangsu Hongtu High Technology Co Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Days Sales Outstanding

Get a 7-Day Free Trial

23.56

97.09

159.09

218.53

163.99

Jiangsu Hongtu High Technology Co Quarterly Data
	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23
Days Sales Outstanding	Get a 7-Day Free Trial															296.06	407.75	219.84	122.33	84.29

Competitive Comparison of Jiangsu Hongtu High Technology Co's Days Sales Outstanding

For the Computer Hardware subindustry, Jiangsu Hongtu High 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.

Jiangsu Hongtu High Technology Co's Days Sales Outstanding Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Jiangsu Hongtu High Technology Co's Days Sales Outstanding distribution charts can be found below:

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

Jiangsu Hongtu High 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.

Jiangsu Hongtu High Technology Co's Days Sales Outstanding for the fiscal year that ended in Dec. 2022 is calculated as

	Days Sales Outstanding (A: Dec. 2022 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Dec. 2021 )	+	Accounts Receivable (A: Dec. 2022 ))	/	count )	/	Revenue (A: Dec. 2022 )	*	Days in Period
=	( (785.216	+	251.629)	/	2 )	/	1153.85	*	365
=	518.4225					/	1153.85	*	365
=	163.99

Jiangsu Hongtu High Technology Co's Days Sales Outstanding for the quarter that ended in Mar. 2023 is calculated as:

	Days Sales Outstanding (Q: Mar. 2023 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Dec. 2022 )	+	Accounts Receivable (A: Mar. 2023 ))	/	count )	/	Revenue (A: Mar. 2023 )	*	Days in Period
=	( (251.629	+	158.179)	/	2 )	/	221.83	*	365 / 4
=	204.904					/	221.83	*	365 / 4
=	84.29

Jiangsu Hongtu High Technology Co (SHSE:600122) Days Sales Outstanding Explanation

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

Jiangsu Hongtu High Technology Co Days Sales Outstanding Related Terms

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

Jiangsu Hongtu High Technology Co (SHSE:600122) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Jiangsu Hongtu High Technology Co Ltd (SHSE:600122) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

N/A

Address

Block B, Number 68 Software Road, Yuhuatai District, Nanjing, CHN, 210012

Website

http://www.hiteker.com.cn

Jiangsu Hongtu High Technology Co Ltd is engaged in retail, electronics manufacturing, Internet finance, and real estate development activities in the People's Republic of China. It retails computers, telecommunications, smart living, digital products, DIY computer assembly and IT accessories, various products and accessories, various external devices, network and server equipment, office automation and supplies and other accessory products, software products and IT books and service products. The company also offers various services and support, including on-site maintenance, system installation, and commissioning, application guidance, technical maintenance and after-sale services.

Jiangsu Hongtu High Technology Co (SHSE:600122) Headlines

No Headlines