Cherry SE (CHIX:C3RYD) Days Sales Outstanding : 84.29 (As of Mar. 2024)

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What is Cherry SE Days Sales Outstanding?

Cherry SE's average Accounts Receivable for the three months ended in Mar. 2024 was €28.0 Mil. Cherry SE's Revenue for the three months ended in Mar. 2024 was €30.3 Mil. Hence, Cherry SE's Days Sales Outstanding for the three months ended in Mar. 2024 was 84.29.

The historical rank and industry rank for Cherry SE's Days Sales Outstanding or its related term are showing as below:

CHIX:C3RYd' s Days Sales Outstanding Range Over the Past 10 Years
Min: 33.03 Med: 58.65 Max: 109.6
Current: 67.75

During the past 5 years, Cherry SE's highest Days Sales Outstanding was 109.60. The lowest was 33.03. And the median was 58.65.

CHIX:C3RYd's Days Sales Outstanding is ranked better than
57.19% of 2462 companies
in the Hardware industry
Industry Median: 74.07 vs CHIX:C3RYd: 67.75

Cherry SE's Days Sales Outstanding increased from Mar. 2023 (52.06) to Mar. 2024 (84.29).

Cherry SE Days Sales Outstanding Historical Data

The historical data trend for Cherry SE'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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Cherry SE Days Sales Outstanding Chart

Cherry SE Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

109.60

33.03

49.52

67.77

Cherry SE Quarterly Data
	Dec19	Mar20	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													52.06	57.83	77.80	62.80	84.29

Competitive Comparison of Cherry SE's Days Sales Outstanding

For the Computer Hardware subindustry, Cherry SE'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.

Cherry SE's Days Sales Outstanding Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Cherry SE's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where Cherry SE's Days Sales Outstanding falls into.

Cherry SE 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.

Cherry SE'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
=	( (16.348	+	30.611)	/	2 )	/	126.461	*	365
=	23.4795					/	126.461	*	365
=	67.77

Cherry SE'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
=	( (30.611	+	25.348)	/	2 )	/	30.29	*	365 / 4
=	27.9795					/	30.29	*	365 / 4
=	84.29

Cherry SE (CHIX:C3RYd) Days Sales Outstanding Explanation

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

Cherry SE Days Sales Outstanding Related Terms

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Cherry SE (CHIX:C3RYD) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Cherry SE (CHIX:C3RYd) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

C3RY:Germany

Address

Cherrystrasse 2, Auerbach, DEU, 91275

Website

https://www.cherry.de

Cherry SE is a manufacturer of high-end mechanical keyboard switches and computer input devices such as keyboards, mice, microphones, and headsets for gaming and e-sports and (hybrid) office workstation applications as well as industrial applications and the healthcare sector. The product offerings of the company include USB-A / USB-C Adapters, Mice, Accessories, and other products.

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