Hebei Raisesun Information Technology Co (BJSE:832171) Days Sales Outstanding : 1,711.53 (As of Mar. 2024)

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What is Hebei Raisesun Information Technology Co Days Sales Outstanding?

Hebei Raisesun Information Technology Co's average Accounts Receivable for the three months ended in Mar. 2024 was ¥183.1 Mil. Hebei Raisesun Information Technology Co's Revenue for the three months ended in Mar. 2024 was ¥9.8 Mil. Hence, Hebei Raisesun Information Technology Co's Days Sales Outstanding for the three months ended in Mar. 2024 was 1,711.53.

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

BJSE:832171' s Days Sales Outstanding Range Over the Past 10 Years
Min: 44.5 Med: 84.55 Max: 479.58
Current: 464.5

During the past 12 years, Hebei Raisesun Information Technology Co's highest Days Sales Outstanding was 479.58. The lowest was 44.50. And the median was 84.55.

BJSE:832171's Days Sales Outstanding is ranked worse than
97.14% of 2725 companies
in the Software industry
Industry Median: 61.83 vs BJSE:832171: 464.50

Hebei Raisesun Information Technology Co's Days Sales Outstanding declined from Mar. 2023 (2,534.84) to Mar. 2024 (1,711.53).

Hebei Raisesun Information Technology Co Days Sales Outstanding Historical Data

The historical data trend for Hebei Raisesun Information 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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Hebei Raisesun Information Technology Co Days Sales Outstanding Chart

Hebei Raisesun Information Technology Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

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105.38

169.64

194.05

291.28

479.58

Hebei Raisesun Information Technology Co Quarterly Data
	Jun18	Dec18	Jun19	Dec19	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															2,534.84	350.45	633.48	299.96	1,711.53

Competitive Comparison of Hebei Raisesun Information Technology Co's Days Sales Outstanding

For the Software - Application subindustry, Hebei Raisesun Information 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.

Hebei Raisesun Information Technology Co's Days Sales Outstanding Distribution in the Software Industry

For the Software industry and Technology sector, Hebei Raisesun Information Technology Co's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where Hebei Raisesun Information Technology Co's Days Sales Outstanding falls into.

Hebei Raisesun Information 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.

Hebei Raisesun Information 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
=	( (209.714	+	188.214)	/	2 )	/	151.428	*	365
=	198.964					/	151.428	*	365
=	479.58

Hebei Raisesun Information 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
=	( (188.214	+	177.95)	/	2 )	/	9.761	*	365 / 4
=	183.082					/	9.761	*	365 / 4
=	1,711.53

Hebei Raisesun Information Technology Co (BJSE:832171) Days Sales Outstanding Explanation

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

Hebei Raisesun Information Technology Co Days Sales Outstanding Related Terms

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Hebei Raisesun Information Technology Co (BJSE:832171) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Hebei Raisesun Information Technology Co Ltd (BJSE:832171) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 128, Youyi Road, Zhisheng Information Building, Langfang Economic and Technological Development Zone, Hebei Province, Langfang, CHN, 065000

Website

http://www.zccninfo.com

Hebei Raisesun Information Technology Co Ltd operates information technology-related businesses. It offers computer software development and transfer; computer system services, information system security integration services; Internet information services, Internet data services and Internet of Things technology services; mobile telecommunications services; network wiring; security technology prevention system design, construction, maintenance; building intelligent engineering Construction and maintenance; and value-added telecommunication services.

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