Ninetowns Internet Technology Group Co (FRA:NQU) Days Sales Outstanding : 17.11 (As of Dec. 2013)

View and export this data going back to . Start your Free Trial

What is Ninetowns Internet Technology Group Co Days Sales Outstanding?

Ninetowns Internet Technology Group Co's average Accounts Receivable for the six months ended in Dec. 2013 was €0.61 Mil. Ninetowns Internet Technology Group Co's Revenue for the six months ended in Dec. 2013 was €12.96 Mil. Hence, Ninetowns Internet Technology Group Co's Days Sales Outstanding for the six months ended in Dec. 2013 was 8.55.

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

FRA:NQU's Days Sales Outstanding is not ranked ^*
in the Software industry.
Industry Median: 61.74
* Ranked among companies with meaningful Days Sales Outstanding only.

Ninetowns Internet Technology Group Co's Days Sales Outstanding increased from Dec. 2011 (10.64) to Dec. 2013 (17.11).

Ninetowns Internet Technology Group Co Days Sales Outstanding Historical Data

The historical data trend for Ninetowns Internet Technology Group 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.

Ninetowns Internet Technology Group Co Days Sales Outstanding Chart

Ninetowns Internet Technology Group Co Annual Data

Trend

Dec04

Dec05

Dec06

Dec07

Dec08

Dec09

Dec10

Dec11

Dec12

Dec13

Days Sales Outstanding

Get a 7-Day Free Trial

125.12

41.76

10.64

8.77

17.11

Ninetowns Internet Technology Group Co Semi-Annual Data
	Dec01	Dec02	Dec03	Dec04	Dec05	Dec06	Dec07	Dec08	Dec09	Dec10	Dec11	Dec12	Dec13
Days Sales Outstanding	Get a 7-Day Free Trial								125.12	41.76	10.64	8.77	17.11

Competitive Comparison of Ninetowns Internet Technology Group Co's Days Sales Outstanding

For the Software - Infrastructure subindustry, Ninetowns Internet Technology Group 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.

Ninetowns Internet Technology Group Co's Days Sales Outstanding Distribution in the Software Industry

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

* The bar in red indicates where Ninetowns Internet Technology Group Co's Days Sales Outstanding falls into.

Ninetowns Internet Technology Group 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.

Ninetowns Internet Technology Group Co's Days Sales Outstanding for the fiscal year that ended in Dec. 2013 is calculated as

	Days Sales Outstanding (A: Dec. 2013 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Dec. 2012 )	+	Accounts Receivable (A: Dec. 2013 ))	/	count )	/	Revenue (A: Dec. 2013 )	*	Days in Period
=	( (0.238	+	0.977)	/	2 )	/	12.962	*	365
=	0.6075					/	12.962	*	365
=	17.11

Ninetowns Internet Technology Group Co's Days Sales Outstanding for the quarter that ended in Dec. 2013 is calculated as:

	Days Sales Outstanding (Q: Dec. 2013 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Dec. 2012 )	+	Accounts Receivable (A: Dec. 2013 ))	/	count )	/	Revenue (A: Dec. 2013 )	*	Days in Period
=	( (0.238	+	0.977)	/	2 )	/	12.962	*	365 / 2
=	0.6075					/	12.962	*	365 / 2
=	8.55

Ninetowns Internet Technology Group Co (FRA:NQU) Days Sales Outstanding Explanation

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

Ninetowns Internet Technology Group Co Days Sales Outstanding Related Terms

Thank you for viewing the detailed overview of Ninetowns Internet Technology Group Co's Days Sales Outstanding provided by GuruFocus.com. Please click on the following links to see related term pages.

Ninetowns Internet Technology Group Co (FRA:NQU) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Ninetowns Internet Technology Group Co Ltd (FRA:NQU) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

N/A

Address

Website

http://www.ninetowns.com

Ninetowns Internet Technology Group Co Ltd was incorporated in the Cayman Islands as a limited liability company on February 8, 2002 as "Ninetowns Digital World Trade Technology Holdings Limited". It changed its name to "Ninetowns Digital World Trade One Technology Holdings Limited" on June 14, 2002 and then to "Ninetowns Digital World Trade Holdings Limited" on April 7, 2003. The Company is a PRC software company that enables enterprises and trade-related PRC government agencies to streamline the import/export process in China. Its enterprise software products consist of standardized, easy-to-install applications that simplify the declaration and approval process for international trade enterprises in China. Its enterprise software automates and facilitates the processing of the required import/export declarations and approvals in a cost-efficient, user-friendly and legally-compliant manner over the Internet, utilizing an electronic infrastructure it helped build that links together numerous branch offices of the PRC Inspections Administration. Through its software development services, it assists in the development and maintenance of the software systems used to process electronic filings by the PRC Inspections Administration and the data exchange platforms which serve as the interface between such systems and its enterprise software users.

Ninetowns Internet Technology Group Co (FRA:NQU) Headlines

No Headlines