CETC Cyberspace Security Technology Co (SZSE:002268) Days Sales Outstanding : 921.93 (As of Mar. 2024)

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What is CETC Cyberspace Security Technology Co Days Sales Outstanding?

CETC Cyberspace Security Technology Co's average Accounts Receivable for the three months ended in Mar. 2024 was ¥1,297 Mil. CETC Cyberspace Security Technology Co's Revenue for the three months ended in Mar. 2024 was ¥128 Mil. Hence, CETC Cyberspace Security Technology Co's Days Sales Outstanding for the three months ended in Mar. 2024 was 921.93.

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

SZSE:002268' s Days Sales Outstanding Range Over the Past 10 Years
Min: 97.77 Med: 181.35 Max: 315.54
Current: 140.92

During the past 13 years, CETC Cyberspace Security Technology Co's highest Days Sales Outstanding was 315.54. The lowest was 97.77. And the median was 181.35.

SZSE:002268's Days Sales Outstanding is ranked worse than
89.29% of 1036 companies
in the Business Services industry
Industry Median: 58.255 vs SZSE:002268: 140.92

CETC Cyberspace Security Technology Co's Days Sales Outstanding increased from Mar. 2023 (218.66) to Mar. 2024 (921.93).

Warning Sign:

If a company's sales outstanding increases, it means it has difficulty collecting payments from its customers.

CETC Cyberspace Security Technology Co Days Sales Outstanding Historical Data

The historical data trend for CETC Cyberspace Security 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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CETC Cyberspace Security Technology Co Days Sales Outstanding Chart

CETC Cyberspace Security Technology Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

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272.78

206.45

127.87

97.77

142.96

CETC Cyberspace Security Technology Co 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															218.66	113.44	146.45	78.77	921.93

Competitive Comparison of CETC Cyberspace Security Technology Co's Days Sales Outstanding

For the Security & Protection Services subindustry, CETC Cyberspace Security 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.

CETC Cyberspace Security Technology Co's Days Sales Outstanding Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, CETC Cyberspace Security Technology Co's Days Sales Outstanding distribution charts can be found below:

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

CETC Cyberspace Security 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.

CETC Cyberspace Security Technology Co'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
=	( (1046.25	+	1360.803)	/	2 )	/	3072.776	*	365
=	1203.5265					/	3072.776	*	365
=	142.96

CETC Cyberspace Security Technology Co'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
=	( (1360.803	+	1232.474)	/	2 )	/	128.337	*	365 / 4
=	1296.6385					/	128.337	*	365 / 4
=	921.93

CETC Cyberspace Security Technology Co (SZSE:002268) Days Sales Outstanding Explanation

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

CETC Cyberspace Security Technology Co Days Sales Outstanding Related Terms

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CETC Cyberspace Security Technology Co (SZSE:002268) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » CETC Cyberspace Security Technology Co Ltd (SZSE:002268) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 333, Yunhua Road, High-Tech Industrial Dvelopment Zone, Sichuan, Chengdu, CHN, 610095

Website

http://www.westone.com.cn

CETC Cyberspace Security Technology Co Ltd is a China-based company that offers security-related products and services. It provides professional and autonomous network information security solutions, products, and services. It offers password products, network security products, and security information systems. The group is committed to building a life-cycle security solution from chip to system for a party and government users.

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