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Infore Environment Technology Group Co (SZSE:000967) Days Sales Outstanding : 190.99 (As of Sep. 2023)


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What is Infore Environment Technology Group Co Days Sales Outstanding?

Infore Environment Technology Group Co's average Accounts Receivable for the three months ended in Sep. 2023 was ¥5,981 Mil. Infore Environment Technology Group Co's Revenue for the three months ended in Sep. 2023 was ¥2,858 Mil. Hence, Infore Environment Technology Group Co's Days Sales Outstanding for the three months ended in Sep. 2023 was 190.99.

The historical rank and industry rank for Infore Environment Technology Group Co's Days Sales Outstanding or its related term are showing as below:

SZSE:000967' s Days Sales Outstanding Range Over the Past 10 Years
Min: 104.1   Med: 149.18   Max: 193.36
Current: 165.66

During the past 13 years, Infore Environment Technology Group Co's highest Days Sales Outstanding was 193.36. The lowest was 104.10. And the median was 149.18.

SZSE:000967's Days Sales Outstanding is ranked worse than
87.15% of 2958 companies
in the Industrial Products industry
Industry Median: 79.1 vs SZSE:000967: 165.66

Infore Environment Technology Group Co's Days Sales Outstanding declined from Sep. 2022 (195.26) to Sep. 2023 (190.99).


Infore Environment Technology Group Co Days Sales Outstanding Historical Data

The historical data trend for Infore Environment Technology Group 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.

Infore Environment Technology Group Co Days Sales Outstanding Chart

Infore Environment Technology Group Co Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Days Sales Outstanding
Get a 7-Day Free Trial Premium Member Only Premium Member Only 145.98 152.38 133.42 161.66 157.43

Infore Environment Technology Group 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 195.26 137.20 191.88 152.08 190.99

Competitive Comparison of Infore Environment Technology Group Co's Days Sales Outstanding

For the Specialty Industrial Machinery subindustry, Infore Environment Technology Group 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.


Infore Environment Technology Group Co's Days Sales Outstanding Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Infore Environment Technology Group Co's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where Infore Environment Technology Group Co's Days Sales Outstanding falls into.



Infore Environment Technology Group 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.

Infore Environment Technology Group 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
=( (4946.705 + 5625.792) / 2 ) / 12255.993*365
=5286.2485 / 12255.993*365
=157.43

Infore Environment Technology Group 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
=( (5929.782 + 6032.964) / 2 ) / 2857.778*365 / 4
=5981.373 / 2857.778*365 / 4
=190.99

* 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.


Infore Environment Technology Group Co  (SZSE:000967) Days Sales Outstanding Explanation

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


Infore Environment Technology Group Co Days Sales Outstanding Related Terms

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Infore Environment Technology Group Co (SZSE:000967) Business Description

Traded in Other Exchanges
N/A
Address
No. 1818 Renmin West Road, Shangyu District, Zhejiang Province, Shaoxing, CHN, 312300
Infore Environment Technology Group Co Ltd is a high-end equipment manufacturing and environmental integrated service provider. It is primarily involved in environmental monitoring equipment research and development, maintenance and operation services, municipal engineering, water conservancy and water engineering design, construction, water technical development of pollution control, water treatment, ecological restoration and many others.

Infore Environment Technology Group Co (SZSE:000967) Headlines

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