360 Security Technology (SHSE:601360) Days Sales Outstanding : 71.33 (As of Mar. 2024)

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What is 360 Security Technology Days Sales Outstanding?

360 Security Technology's average Accounts Receivable for the three months ended in Mar. 2024 was ¥1,344 Mil. 360 Security Technology's Revenue for the three months ended in Mar. 2024 was ¥1,719 Mil. Hence, 360 Security Technology's Days Sales Outstanding for the three months ended in Mar. 2024 was 71.33.

The historical rank and industry rank for 360 Security Technology's Days Sales Outstanding or its related term are showing as below:

SHSE:601360' s Days Sales Outstanding Range Over the Past 10 Years
Min: 48.79 Med: 68.19 Max: 122.97
Current: 59.58

During the past 13 years, 360 Security Technology's highest Days Sales Outstanding was 122.97. The lowest was 48.79. And the median was 68.19.

SHSE:601360's Days Sales Outstanding is ranked better than
52.99% of 2725 companies
in the Software industry
Industry Median: 62.18 vs SHSE:601360: 59.58

360 Security Technology's Days Sales Outstanding declined from Mar. 2023 (74.69) to Mar. 2024 (71.33).

360 Security Technology Days Sales Outstanding Historical Data

The historical data trend for 360 Security Technology'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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360 Security Technology Days Sales Outstanding Chart

360 Security Technology Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

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64.66

65.31

69.93

76.25

65.26

360 Security Technology 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															74.69	53.34	62.10	59.39	71.33

Competitive Comparison of 360 Security Technology's Days Sales Outstanding

For the Software - Infrastructure subindustry, 360 Security Technology'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.

360 Security Technology's Days Sales Outstanding Distribution in the Software Industry

For the Software industry and Technology sector, 360 Security Technology's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where 360 Security Technology's Days Sales Outstanding falls into.

360 Security Technology 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.

360 Security Technology'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
=	( (1757.419	+	1480.65)	/	2 )	/	9055.425	*	365
=	1619.0345					/	9055.425	*	365
=	65.26

360 Security Technology'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
=	( (1480.65	+	1207.376)	/	2 )	/	1719.444	*	365 / 4
=	1344.013					/	1719.444	*	365 / 4
=	71.33

360 Security Technology (SHSE:601360) Days Sales Outstanding Explanation

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

360 Security Technology Days Sales Outstanding Related Terms

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360 Security Technology (SHSE:601360) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » 360 Security Technology Inc (SHSE:601360) » Definitions » Days Sales Outstanding

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N/A

Address

718 Ying Ting Road, Suzhou Industrial Park, Jiangsu Province, Suzhou, CHN, 100015

Website

https://www.360.cn

360 Security Technology Inc is an internet security company in China. It has developed the 360 ??security system with hundreds of millions of users Guards, 360 mobile guards, and other security products. It uses big data, cloud computing, and artificial intelligence technology, to create 360 mobile phone, 360 children smartwatch, 360 smart cameras, 360 driving recorder and 360 security router. It also provides other Internet services including search, live broadcast, games, film and television, finance, and news for its users.

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