Avary Holding (Shenzhen) Co (SZSE:002938) Days Sales Outstanding

: 49.82 (As of Dec. 2023)

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Avary Holding (Shenzhen) Co's average Accounts Receivable for the three months ended in Dec. 2023 was ¥6,339 Mil. Avary Holding (Shenzhen) Co's Revenue for the three months ended in Dec. 2023 was ¥11,610 Mil. Hence, Avary Holding (Shenzhen) Co's Days Sales Outstanding for the three months ended in Dec. 2023 was 49.82.

The historical rank and industry rank for Avary Holding (Shenzhen) Co's Days Sales Outstanding or its related term are showing as below:

SZSE:002938' s Days Sales Outstanding Range Over the Past 10 Years
Min: 59.63 Med: 80.45 Max: 98.73
Current: 59.63

During the past 10 years, Avary Holding (Shenzhen) Co's highest Days Sales Outstanding was 98.73. The lowest was 59.63. And the median was 80.45.

SZSE:002938's Days Sales Outstanding is ranked better than
67.58% of 2455 companies
in the Hardware industry
Industry Median: 75.24 vs SZSE:002938: 59.63

Avary Holding (Shenzhen) Co's Days Sales Outstanding declined from Dec. 2022 (54.55) to Dec. 2023 (49.82).

Avary Holding (Shenzhen) Co Days Sales Outstanding Historical Data

The historical data trend for Avary Holding (Shenzhen) 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.

Avary Holding (Shenzhen) Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

79.30

81.59

82.90

71.76

70.92

Avary Holding (Shenzhen) 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																54.55	68.88	67.91	50.81	49.82

Competitive Comparison

For the Electronic Components subindustry, Avary Holding (Shenzhen) 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.

Avary Holding (Shenzhen) Co Days Sales Outstanding Distribution

For the Hardware industry and Technology sector, Avary Holding (Shenzhen) Co's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where Avary Holding (Shenzhen) Co's Days Sales Outstanding falls into.

Avary Holding (Shenzhen) 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.

Avary Holding (Shenzhen) 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
=	( (6267.659	+	6192.418)	/	2 )	/	32066.048	*	365
=	6230.0385					/	32066.048	*	365
=	70.92

Avary Holding (Shenzhen) 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
=	( (6486.113	+	6192.418)	/	2 )	/	11610.293	*	365 / 4
=	6339.2655					/	11610.293	*	365 / 4
=	49.82

Avary Holding (Shenzhen) Co (SZSE:002938) Days Sales Outstanding Explanation

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

Avary Holding (Shenzhen) Co Days Sales Outstanding Related Terms

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Avary Holding (Shenzhen) Co (SZSE:002938) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Avary Holding (Shenzhen) Co Ltd (SZSE:002938) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

N/A

Address

Songluo Road, Yanluo Street, Building A1 to Building A3, Pengding Park, Yanchuan Community, Bao'an District, Guangdong, Shenzhen, CHN, 518105

Website

http://www.avaryholding.com

Avary Holding (Shenzhen) Co Ltd is a China-based company principally engaged in the design, development, manufacturing, and sales of all types of printed circuit boards. Its products are mainly used in communications products, computers, consumer electronics, and various types of 3C electronics and other products.

Avary Holding (Shenzhen) Co (SZSE:002938) Headlines

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