Zhuhai Ltech Technology Co (BJSE:832110) Days Sales Outstanding : 2.41 (As of Sep. 2024)

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What is Zhuhai Ltech Technology Co Days Sales Outstanding?

Zhuhai Ltech Technology Co's average Accounts Receivable for the three months ended in Sep. 2024 was ¥1.4 Mil. Zhuhai Ltech Technology Co's Revenue for the three months ended in Sep. 2024 was ¥51.4 Mil. Hence, Zhuhai Ltech Technology Co's Days Sales Outstanding for the three months ended in Sep. 2024 was 2.41.

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

BJSE:832110' s Days Sales Outstanding Range Over the Past 10 Years
Min: 0.32 Med: 5.23 Max: 23.71
Current: 3.3

During the past 12 years, Zhuhai Ltech Technology Co's highest Days Sales Outstanding was 23.71. The lowest was 0.32. And the median was 5.23.

BJSE:832110's Days Sales Outstanding is ranked better than
99.83% of 2951 companies
in the Industrial Products industry
Industry Median: 80.11 vs BJSE:832110: 3.30

Zhuhai Ltech Technology Co's Days Sales Outstanding declined from Sep. 2023 (4.41) to Sep. 2024 (2.41).

Zhuhai Ltech Technology Co Days Sales Outstanding Historical Data

The historical data trend for Zhuhai Ltech 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.

Zhuhai Ltech Technology Co Days Sales Outstanding Chart

Zhuhai Ltech Technology Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

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7.79

5.57

2.84

3.44

4.89

Zhuhai Ltech Technology Co Quarterly Data
	Jun19	Sep19	Dec19	Jun20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Days Sales Outstanding	Get a 7-Day Free Trial															4.41	4.32	3.87	2.59	2.41

Competitive Comparison of Zhuhai Ltech Technology Co's Days Sales Outstanding

For the Electrical Equipment & Parts subindustry, Zhuhai Ltech 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.

Zhuhai Ltech Technology Co's Days Sales Outstanding Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Zhuhai Ltech Technology Co's Days Sales Outstanding distribution charts can be found below:

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

Zhuhai Ltech 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.

Zhuhai Ltech 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
=	( (2.269	+	2.426)	/	2 )	/	175.104	*	365
=	2.3475					/	175.104	*	365
=	4.89

Zhuhai Ltech Technology Co's Days Sales Outstanding for the quarter that ended in Sep. 2024 is calculated as:

	Days Sales Outstanding (Q: Sep. 2024 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Jun. 2024 )	+	Accounts Receivable (A: Sep. 2024 ))	/	count )	/	Revenue (A: Sep. 2024 )	*	Days in Period
=	( (1.732	+	0.982)	/	2 )	/	51.381	*	365 / 4
=	1.357					/	51.381	*	365 / 4
=	2.41

Zhuhai Ltech Technology Co (BJSE:832110) Days Sales Outstanding Explanation

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

Zhuhai Ltech Technology Co Days Sales Outstanding Related Terms

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Zhuhai Ltech Technology Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Zhuhai Ltech Technology Co Ltd (BJSE:832110) » Definitions » Days Sales Outstanding

Traded in Other Exchanges

N/A

Address

No. 3, Pingdong 6th Road, 2nd Floor, Building 15, Nanping Science and Technology Industrial Park, Xiangzhou District, Guangdong Province, Zhuhai City, CHN, 519060

Website

https://www.ltech.cn

Zhuhai Ltech Technology Co Ltd operates as a developer in the field of intelligent LED lighting control in China. It manufactures LED lighting control systems. developed three hardware product lines LED Lighting Control System, Intelligent LED Driver, and Smart Home, meeting the demands of smart scenes for lighting enterprises, commercial space, and residential homes.

Zhuhai Ltech Technology Co Headlines

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