Luxshare Precision Industry Co (SZSE:002475) Days Sales Outstanding : 40.26 (As of Mar. 2024)

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What is Luxshare Precision Industry Co Days Sales Outstanding?

Luxshare Precision Industry Co's average Accounts Receivable for the three months ended in Mar. 2024 was ¥23,125 Mil. Luxshare Precision Industry Co's Revenue for the three months ended in Mar. 2024 was ¥52,407 Mil. Hence, Luxshare Precision Industry Co's Days Sales Outstanding for the three months ended in Mar. 2024 was 40.26.

The historical rank and industry rank for Luxshare Precision Industry Co's Days Sales Outstanding or its related term are showing as below:

SZSE:002475' s Days Sales Outstanding Range Over the Past 10 Years
Min: 37.98 Med: 81.84 Max: 101.07
Current: 37.98

During the past 13 years, Luxshare Precision Industry Co's highest Days Sales Outstanding was 101.07. The lowest was 37.98. And the median was 81.84.

SZSE:002475's Days Sales Outstanding is ranked better than
88.6% of 2456 companies
in the Hardware industry
Industry Median: 75.03 vs SZSE:002475: 37.98

Luxshare Precision Industry Co's Days Sales Outstanding declined from Mar. 2023 (41.30) to Mar. 2024 (40.26).

Luxshare Precision Industry Co Days Sales Outstanding Historical Data

The historical data trend for Luxshare Precision Industry 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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Luxshare Precision Industry Co Days Sales Outstanding Chart

Luxshare Precision Industry Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

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71.12

53.43

53.89

49.17

38.99

Luxshare Precision Industry 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															41.30	37.87	44.54	35.60	40.26

Competitive Comparison of Luxshare Precision Industry Co's Days Sales Outstanding

For the Electronic Components subindustry, Luxshare Precision Industry 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.

Luxshare Precision Industry Co's Days Sales Outstanding Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Luxshare Precision Industry Co's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where Luxshare Precision Industry Co's Days Sales Outstanding falls into.

Luxshare Precision Industry 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.

Luxshare Precision Industry 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
=	( (26043.355	+	23504.482)	/	2 )	/	231905.46	*	365
=	24773.9185					/	231905.46	*	365
=	38.99

Luxshare Precision Industry 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
=	( (23504.482	+	22744.886)	/	2 )	/	52406.776	*	365 / 4
=	23124.684					/	52406.776	*	365 / 4
=	40.26

Luxshare Precision Industry Co (SZSE:002475) Days Sales Outstanding Explanation

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

Luxshare Precision Industry Co Days Sales Outstanding Related Terms

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Luxshare Precision Industry Co (SZSE:002475) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Luxshare Precision Industry Co Ltd (SZSE:002475) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

N/A

Address

No.17 Kuiqing Road, Qinghuang Industrial Zone, Qingxi Town, Guangdong, Dongguan, CHN, 523650

Website

http://www.luxshare-ict.com

Founded in 2004, Luxshare Precision is one of the world's largest manufacturers of cables and connectors and is a major supplier to Apple, which accounts for over 70% of sales. The company has since expanded production into other faster-growing consumer electronic components, such as speakers, haptic, cameras, PC docks, and wireless charging modules, as well as electronic manufacturing services for Apple's Watch and AirPods. Of Luxshare's 2022 sales, 84% is derived from the consumer electronics end market, while the remaining 16% is spread across the computer, communication and automobile verticals. Luxshare employs over 230,000 people and has manufacturing bases in China, India, and Vietnam.

Luxshare Precision Industry Co (SZSE:002475) Headlines

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