Great Chinasoft Technology Co (SZSE:002453) Days Sales Outstanding : 125.15 (As of Dec. 2023)

View and export this data going back to 2010. Start your Free Trial

What is Great Chinasoft Technology Co Days Sales Outstanding?

Great Chinasoft Technology Co's average Accounts Receivable for the three months ended in Dec. 2023 was ¥210.0 Mil. Great Chinasoft Technology Co's Revenue for the three months ended in Dec. 2023 was ¥153.1 Mil. Hence, Great Chinasoft Technology Co's Days Sales Outstanding for the three months ended in Dec. 2023 was 125.15.

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

SZSE:002453' s Days Sales Outstanding Range Over the Past 10 Years
Min: 40.68 Med: 75.05 Max: 158.42
Current: 158.42

During the past 13 years, Great Chinasoft Technology Co's highest Days Sales Outstanding was 158.42. The lowest was 40.68. And the median was 75.05.

SZSE:002453's Days Sales Outstanding is ranked worse than
94.56% of 1526 companies
in the Chemicals industry
Industry Median: 63.605 vs SZSE:002453: 158.42

Great Chinasoft Technology Co's Days Sales Outstanding declined from Dec. 2022 (269.86) to Dec. 2023 (125.15).

Warning Sign:

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

Great Chinasoft Technology Co Days Sales Outstanding Historical Data

The historical data trend for Great Chinasoft 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.

* Premium members only.

Great Chinasoft Technology Co Days Sales Outstanding Chart

Great Chinasoft Technology Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

Get a 7-Day Free Trial

57.25

50.71

40.68

55.13

158.04

Great Chinasoft Technology Co Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Days Sales Outstanding	Get a 7-Day Free Trial															269.86	191.19	160.66	162.96	125.15

Competitive Comparison of Great Chinasoft Technology Co's Days Sales Outstanding

For the Chemicals subindustry, Great Chinasoft 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.

Great Chinasoft Technology Co's Days Sales Outstanding Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Great Chinasoft Technology Co's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where Great Chinasoft Technology Co's Days Sales Outstanding falls into.

Great Chinasoft 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.

Great Chinasoft 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
=	( (294.682	+	182.753)	/	2 )	/	551.34	*	365
=	238.7175					/	551.34	*	365
=	158.04

Great Chinasoft Technology Co's Days Sales Outstanding for the quarter that ended in Dec. 2023 is calculated as:

	Days Sales Outstanding (Q: Dec. 2023 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Sep. 2023 )	+	Accounts Receivable (A: Dec. 2023 ))	/	count )	/	Revenue (A: Dec. 2023 )	*	Days in Period
=	( (237.277	+	182.753)	/	2 )	/	153.122	*	365 / 4
=	210.015					/	153.122	*	365 / 4
=	125.15

Great Chinasoft Technology Co (SZSE:002453) Days Sales Outstanding Explanation

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

Great Chinasoft Technology Co Days Sales Outstanding Related Terms

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

Great Chinasoft Technology Co (SZSE:002453) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Great Chinasoft Technology Co Ltd (SZSE:002453) » Definitions » Days Sales Outstanding

Traded in Other Exchanges

N/A

Address

199-1 Huayuan East Road, Mudu Town, Wuzhong District, Jiangsu Province, Suzhou, CHN, 215151

Website

http://www.tianmachem.com

Great Chinasoft Technology Co Ltd is engaged in the fields of Paper Chemicals; Pharmaceutical Intermediates; Agrochemicals; and Nutrition Products. It develops chemicals such as protecting reagents, coupling reagents, protected amino acids and short peptides.

Great Chinasoft Technology Co (SZSE:002453) Headlines

No Headlines