TCL Zhonghuan Renewable Energy Technology Co (SZSE:002129) Days Sales Outstanding : 68.70 (As of Mar. 2025)

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What is TCL Zhonghuan Renewable Energy Technology Co Days Sales Outstanding?

TCL Zhonghuan Renewable Energy Technology Co's average Accounts Receivable for the three months ended in Mar. 2025 was ¥4,594 Mil. TCL Zhonghuan Renewable Energy Technology Co's Revenue for the three months ended in Mar. 2025 was ¥6,101 Mil. Hence, TCL Zhonghuan Renewable Energy Technology Co's Days Sales Outstanding for the three months ended in Mar. 2025 was 68.70.

The historical rank and industry rank for TCL Zhonghuan Renewable Energy Technology Co's Days Sales Outstanding or its related term are showing as below:

SZSE:002129' s Days Sales Outstanding Range Over the Past 10 Years
Min: 18.78 Med: 47.68 Max: 81.82
Current: 81.82

During the past 13 years, TCL Zhonghuan Renewable Energy Technology Co's highest Days Sales Outstanding was 81.82. The lowest was 18.78. And the median was 47.68.

SZSE:002129's Days Sales Outstanding is ranked worse than
66.14% of 1004 companies
in the Semiconductors industry
Industry Median: 63.18 vs SZSE:002129: 81.82

TCL Zhonghuan Renewable Energy Technology Co's Days Sales Outstanding increased from Mar. 2024 (54.51) to Mar. 2025 (68.70).

TCL Zhonghuan Renewable Energy Technology Co Days Sales Outstanding Historical Data

The historical data trend for TCL Zhonghuan Renewable Energy 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.

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TCL Zhonghuan Renewable Energy Technology Co Days Sales Outstanding Chart

TCL Zhonghuan Renewable Energy Technology Co Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Days Sales Outstanding

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39.35

22.95

18.78

28.45

65.48

TCL Zhonghuan Renewable Energy Technology Co Quarterly Data
	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24	Mar25
Days Sales Outstanding	Get a 7-Day Free Trial															54.51	92.08	85.33	81.94	68.70

Competitive Comparison of TCL Zhonghuan Renewable Energy Technology Co's Days Sales Outstanding

For the Semiconductor Equipment & Materials subindustry, TCL Zhonghuan Renewable Energy 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.

TCL Zhonghuan Renewable Energy Technology Co's Days Sales Outstanding Distribution in the Semiconductors Industry

For the Semiconductors industry and Technology sector, TCL Zhonghuan Renewable Energy Technology Co's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where TCL Zhonghuan Renewable Energy Technology Co's Days Sales Outstanding falls into.

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TCL Zhonghuan Renewable Energy 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.

TCL Zhonghuan Renewable Energy Technology Co's Days Sales Outstanding for the fiscal year that ended in Dec. 2024 is calculated as

	Days Sales Outstanding (A: Dec. 2024 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Dec. 2023 )	+	Accounts Receivable (A: Dec. 2024 ))	/	count )	/	Revenue (A: Dec. 2024 )	*	Days in Period
=	( (5409.237	+	4787.767)	/	2 )	/	28418.504	*	365
=	5098.502					/	28418.504	*	365
=	65.48

TCL Zhonghuan Renewable Energy Technology Co's Days Sales Outstanding for the quarter that ended in Mar. 2025 is calculated as:

	Days Sales Outstanding (Q: Mar. 2025 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Dec. 2024 )	+	Accounts Receivable (A: Mar. 2025 ))	/	count )	/	Revenue (A: Mar. 2025 )	*	Days in Period
=	( (4787.767	+	4399.582)	/	2 )	/	6101.1	*	365 / 4
=	4593.6745					/	6101.1	*	365 / 4
=	68.70

TCL Zhonghuan Renewable Energy Technology Co (SZSE:002129) Days Sales Outstanding Explanation

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

TCL Zhonghuan Renewable Energy Technology Co Days Sales Outstanding Related Terms

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TCL Zhonghuan Renewable Energy Technology Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » TCL Zhonghuan Renewable Energy Technology Co Ltd (SZSE:002129) » Definitions » Days Sales Outstanding

Traded in Other Exchanges

N/A

Address

No. 12 Haitai East Street, Huayuan Technology Park, New and High-Tech Industrial Development Zone, Tianjin, Tianjin, CHN, 300384

Website

http://www.tjsemi.com

TCL Zhonghuan is one of the largest solar silicon wafer producers in China. Solar wafers contributed 59% of revenue in 2024. Zhonghuan also supplies solar modules, which represented 20% of revenue in 2024. In addition, Zhonghuan is also a leading domestic semiconductor silicon wafer producer.

Executives

Li Dong Sheng	Director
Shen Hao Ping	Directors, executives
Xu Qiang	Executives
Sheng Ke Fa	Supervisors
Lu Jian Qiu	Independent director
Teng Xin Nian	Executives
Cong Pei Jin	Directors, executives
Bai Jian Min	Supervisors
Wu Shi Guo	Director
Zhang Ai Hua	Directors, executives
Wu Gui Lan	Executives
Li Shi Zhu	Executives

TCL Zhonghuan Renewable Energy Technology Co Headlines

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