Shandong Guozi Software Co (BJSE:872953) Days Sales Outstanding : 831.44 (As of Mar. 2024)

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What is Shandong Guozi Software Co Days Sales Outstanding?

Shandong Guozi Software Co's average Accounts Receivable for the three months ended in Mar. 2024 was ¥237.5 Mil. Shandong Guozi Software Co's Revenue for the three months ended in Mar. 2024 was ¥26.1 Mil. Hence, Shandong Guozi Software Co's Days Sales Outstanding for the three months ended in Mar. 2024 was 831.44.

The historical rank and industry rank for Shandong Guozi Software Co's Days Sales Outstanding or its related term are showing as below:

BJSE:872953' s Days Sales Outstanding Range Over the Past 10 Years
Min: 75.1 Med: 101.83 Max: 308.86
Current: 308.86

During the past 7 years, Shandong Guozi Software Co's highest Days Sales Outstanding was 308.86. The lowest was 75.10. And the median was 101.83.

BJSE:872953's Days Sales Outstanding is ranked worse than
94.79% of 2725 companies
in the Software industry
Industry Median: 61.83 vs BJSE:872953: 308.86

Shandong Guozi Software Co's Days Sales Outstanding increased from Mar. 2023 (585.40) to Mar. 2024 (831.44).

Warning Sign:

If a company's sales outstanding increases, it means it has difficulty collecting payments from its customers.

Shandong Guozi Software Co Days Sales Outstanding Historical Data

The historical data trend for Shandong Guozi Software 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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Shandong Guozi Software Co Days Sales Outstanding Chart

Shandong Guozi Software Co Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Days Sales Outstanding

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87.48

101.83

103.65

124.83

213.67

Shandong Guozi Software Co Quarterly Data
	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Days Sales Outstanding	Get a 7-Day Free Trial															585.40	279.01	341.36	187.80	831.44

Competitive Comparison of Shandong Guozi Software Co's Days Sales Outstanding

For the Software - Application subindustry, Shandong Guozi Software 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.

Shandong Guozi Software Co's Days Sales Outstanding Distribution in the Software Industry

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

* The bar in red indicates where Shandong Guozi Software Co's Days Sales Outstanding falls into.

Shandong Guozi Software 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.

Shandong Guozi Software Co's Days Sales Outstanding for the fiscal year that ended in Dec. 2022 is calculated as

	Days Sales Outstanding (A: Dec. 2022 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Dec. 2021 )	+	Accounts Receivable (A: Dec. 2022 ))	/	count )	/	Revenue (A: Dec. 2022 )	*	Days in Period
=	( (86.499	+	148.294)	/	2 )	/	200.538	*	365
=	117.3965					/	200.538	*	365
=	213.67

Shandong Guozi Software 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
=	( (233.957	+	241.126)	/	2 )	/	26.07	*	365 / 4
=	237.5415					/	26.07	*	365 / 4
=	831.44

Shandong Guozi Software Co (BJSE:872953) Days Sales Outstanding Explanation

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

Shandong Guozi Software Co Days Sales Outstanding Related Terms

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Shandong Guozi Software Co (BJSE:872953) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Shandong Guozi Software Co Ltd (BJSE:872953) » Definitions » Days Sales Outstanding

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Address

Building 5, Qilu Cultural and Creative Base, No. 101 Shunfeng Road, High-tech Zone, Shandong Province, Jinan, CHN

Website

http://www.googosoft.com

Shandong Guozi Software Co Ltd is a professional application software product development and industry solution provider. It is involved in providing asset management services for thousands of large unit users, and has grown into one of the most influential companies in the field of asset and equipment management software.

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