Insigma Technology Co (SHSE:600797) Days Sales Outstanding : 121.47 (As of Jun. 2024)

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What is Insigma Technology Co Days Sales Outstanding?

Insigma Technology Co's average Accounts Receivable for the three months ended in Jun. 2024 was ¥1,047 Mil. Insigma Technology Co's Revenue for the three months ended in Jun. 2024 was ¥787 Mil. Hence, Insigma Technology Co's Days Sales Outstanding for the three months ended in Jun. 2024 was 121.47.

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

SHSE:600797' s Days Sales Outstanding Range Over the Past 10 Years
Min: 55.55 Med: 83.41 Max: 111.61
Current: 111.61

During the past 13 years, Insigma Technology Co's highest Days Sales Outstanding was 111.61. The lowest was 55.55. And the median was 83.41.

SHSE:600797's Days Sales Outstanding is ranked worse than
80.15% of 2751 companies
in the Software industry
Industry Median: 61.4 vs SHSE:600797: 111.61

Insigma Technology Co's Days Sales Outstanding declined from Jun. 2023 (132.20) to Jun. 2024 (121.47).

Insigma Technology Co Days Sales Outstanding Historical Data

The historical data trend for Insigma 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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Insigma Technology Co Days Sales Outstanding Chart

Insigma Technology Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

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90.89

82.67

74.46

84.15

100.33

Insigma Technology Co Quarterly Data
	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24
Days Sales Outstanding	Get a 7-Day Free Trial															132.20	124.17	79.38	130.63	121.47

Competitive Comparison of Insigma Technology Co's Days Sales Outstanding

For the Information Technology Services subindustry, Insigma 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.

Insigma Technology Co's Days Sales Outstanding Distribution in the Software Industry

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

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

Insigma 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.

Insigma 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
=	( (1036.41	+	942.55)	/	2 )	/	3599.568	*	365
=	989.48					/	3599.568	*	365
=	100.33

Insigma Technology Co's Days Sales Outstanding for the quarter that ended in Jun. 2024 is calculated as:

	Days Sales Outstanding (Q: Jun. 2024 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Mar. 2024 )	+	Accounts Receivable (A: Jun. 2024 ))	/	count )	/	Revenue (A: Jun. 2024 )	*	Days in Period
=	( (1004.874	+	1089.085)	/	2 )	/	786.516	*	365 / 4
=	1046.9795					/	786.516	*	365 / 4
=	121.47

Insigma Technology Co (SHSE:600797) Days Sales Outstanding Explanation

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

Insigma Technology Co Days Sales Outstanding Related Terms

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Insigma Technology Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Insigma Technology Co Ltd (SHSE:600797) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 226 Tianmushan Road, 12F, Hangzhou, Zhejiang, CHN, 310007

Website

http://www.insigma.com.cn

Insigma Technology Co Ltd provides outsourcing, IT, consulting and training services. Its outsourcing services include Application Software Development and Maintenance, Legacy system reengineering, Cloud development and cloud testing. Its consulting services include Government-Enterprise Transformation Advisory Service, Smart City Top Design and Consulting Services and Business Process Reengineering.

Executives

Zhou Bo	senior management
Pan Li Chun	Director
Shen Yue	Director
Shi Lie	Director
Chen Jian	Director
Chen Rui	Director
Jiang Yi	senior management
Dong Dan Qing	senior management
Xie Wei	senior management
Xu Ke Fei	senior management
Wu Ying Yan	senior management
Zhao Jian	Director
Zhong Ming Bo	Director
Yang Xiao Hu	senior management
Chen Chun	Director

Insigma Technology Co Headlines

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