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Shanghai Tieda Electronic and Information Technology Co (BJSE:872541) Days Sales Outstanding : 290.02 (As of Mar. 2024)


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What is Shanghai Tieda Electronic and Information Technology Co Days Sales Outstanding?

Shanghai Tieda Electronic and Information Technology Co's average Accounts Receivable for the three months ended in Mar. 2024 was ¥168.5 Mil. Shanghai Tieda Electronic and Information Technology Co's Revenue for the three months ended in Mar. 2024 was ¥53.0 Mil. Hence, Shanghai Tieda Electronic and Information Technology Co's Days Sales Outstanding for the three months ended in Mar. 2024 was 290.02.

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

BJSE:872541' s Days Sales Outstanding Range Over the Past 10 Years
Min: 136.87   Med: 181.15   Max: 237.09
Current: 237.09

During the past 9 years, Shanghai Tieda Electronic and Information Technology Co's highest Days Sales Outstanding was 237.09. The lowest was 136.87. And the median was 181.15.

BJSE:872541's Days Sales Outstanding is ranked worse than
94.92% of 2459 companies
in the Hardware industry
Industry Median: 74.61 vs BJSE:872541: 237.09

Shanghai Tieda Electronic and Information Technology Co's Days Sales Outstanding increased from Mar. 2023 (244.94) to Mar. 2024 (290.02).


Shanghai Tieda Electronic and Information Technology Co Days Sales Outstanding Historical Data

The historical data trend for Shanghai Tieda Electronic and 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.

* Premium members only.

Shanghai Tieda Electronic and Information Technology Co Days Sales Outstanding Chart

Shanghai Tieda Electronic and Information Technology Co Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Sales Outstanding
Get a 7-Day Free Trial Premium Member Only 169.24 170.29 181.15 185.87 223.06

Shanghai Tieda Electronic and Information Technology Co Quarterly Data
Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Days Sales Outstanding Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 244.94 294.62 263.09 160.69 290.02

Competitive Comparison of Shanghai Tieda Electronic and Information Technology Co's Days Sales Outstanding

For the Scientific & Technical Instruments subindustry, Shanghai Tieda Electronic and 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.


Shanghai Tieda Electronic and Information Technology Co's Days Sales Outstanding Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Shanghai Tieda Electronic and Information Technology Co's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where Shanghai Tieda Electronic and Information Technology Co's Days Sales Outstanding falls into.



Shanghai Tieda Electronic and 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.

Shanghai Tieda Electronic and 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
=( (135.941 + 168.473) / 2 ) / 249.063*365
=152.207 / 249.063*365
=223.06

Shanghai Tieda Electronic and 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
=( (168.473 + 168.562) / 2 ) / 53.021*365 / 4
=168.5175 / 53.021*365 / 4
=290.02

* 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.


Shanghai Tieda Electronic and Information Technology Co  (BJSE:872541) Days Sales Outstanding Explanation

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


Shanghai Tieda Electronic and Information Technology Co Days Sales Outstanding Related Terms

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Shanghai Tieda Electronic and Information Technology Co (BJSE:872541) Business Description

Traded in Other Exchanges
N/A
Address
No. 6, Lane 1755, Rongbei Road, Nanxiang Town, Jiading District, Shanghai, CHN, 201802
Shanghai Tieda Electronic and Information Technology Co Ltd is engaged in the development, production, and sales of communication signal products. It mainly engages in design, research and development, manufacturing, sales, engineering, and service of signal products and providing industry solutions. The core products include centralized signal monitoring system, integrated lightning protection system for signal (communication) equipment, LED signal machine, wireless shunting locomotive signal and monitoring system, and power management information system.

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