Zhejiang Tony Electronic Co (SHSE:603595) Days Sales Outstanding : 98.34 (As of Sep. 2023)

View and export this data going back to 2017. Start your Free Trial

Zhejiang Tony Electronic Co (SHSE:603595) Definition

Zhejiang Tony Electronic Co's average Accounts Receivable for the three months ended in Sep. 2023 was ¥627 Mil. Zhejiang Tony Electronic Co's Revenue for the three months ended in Sep. 2023 was ¥582 Mil. Hence, Zhejiang Tony Electronic Co's Days Sales Outstanding for the three months ended in Sep. 2023 was 98.34.

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

SHSE:603595' s Days Sales Outstanding Range Over the Past 10 Years
Min: 116.12 Med: 137.29 Max: 188.22
Current: 130.54

During the past 10 years, Zhejiang Tony Electronic Co's highest Days Sales Outstanding was 188.22. The lowest was 116.12. And the median was 137.29.

SHSE:603595's Days Sales Outstanding is ranked worse than
79.51% of 2958 companies
in the Industrial Products industry
Industry Median: 79.055 vs SHSE:603595: 130.54

Zhejiang Tony Electronic Co's Days Sales Outstanding declined from Sep. 2022 (102.76) to Sep. 2023 (98.34).

Zhejiang Tony Electronic Co Days Sales Outstanding Historical Data

The historical data trend for Zhejiang Tony Electronic 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.

Zhejiang Tony Electronic Co Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Days Sales Outstanding

Get a 7-Day Free Trial

116.12

145.43

169.00

156.41

129.00

Zhejiang Tony Electronic Co 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															102.76	148.72	167.01	107.05	98.34

Competitive Comparison

For the Electrical Equipment & Parts subindustry, Zhejiang Tony Electronic 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.

Zhejiang Tony Electronic Co Days Sales Outstanding Distribution

For the Industrial Products industry and Industrials sector, Zhejiang Tony Electronic Co's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where Zhejiang Tony Electronic Co's Days Sales Outstanding falls into.

Zhejiang Tony Electronic 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.

Zhejiang Tony Electronic 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
=	( (613.022	+	721.925)	/	2 )	/	1888.59	*	365
=	667.4735					/	1888.59	*	365
=	129.00

Zhejiang Tony Electronic Co'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
=	( (534.281	+	719.935)	/	2 )	/	581.92	*	365 / 4
=	627.108					/	581.92	*	365 / 4
=	98.34

Zhejiang Tony Electronic Co (SHSE:603595) Days Sales Outstanding Explanation

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

Zhejiang Tony Electronic Co Days Sales Outstanding Related Terms

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

Zhejiang Tony Electronic Co (SHSE:603595) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Zhejiang Tony Electronic Co Ltd (SHSE:603595) » Definitions » Days Sales Outstanding

Traded in Other Exchanges

N/A

Address

China Town Road No.88, Wuzhou District, Zhejiang Province, Huzhou City, CHN, 313008

Website

http://www.tony-tech.com

Zhejiang Tony Electronic Co Ltd is engaged in the research, manufacturing, and marketing of ultra-fine alloy wire and other metal matrix composite. The major products are ultra-fine conductors and laminating wires. Its ultra-fine conductors and laminating wires are widely applied in electronic, new energy automobile, medical apparatus, and intelligent robot fields; and diamond cutting lines are mainly used in the cutting of hard and brittle materials such as silicon and sapphire.

Zhejiang Tony Electronic Co (SHSE:603595) Headlines

No Headlines