Lifan Technology (Group) Co (SHSE:601777) Days Sales Outstanding : 74.04 (As of Mar. 2024)

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What is Lifan Technology (Group) Co Days Sales Outstanding?

Lifan Technology (Group) Co's average Accounts Receivable for the three months ended in Mar. 2024 was ¥1,141 Mil. Lifan Technology (Group) Co's Revenue for the three months ended in Mar. 2024 was ¥1,406 Mil. Hence, Lifan Technology (Group) Co's Days Sales Outstanding for the three months ended in Mar. 2024 was 74.04.

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

SHSE:601777' s Days Sales Outstanding Range Over the Past 10 Years
Min: 55.85 Med: 89.39 Max: 125.89
Current: 125.89

During the past 13 years, Lifan Technology (Group) Co's highest Days Sales Outstanding was 125.89. The lowest was 55.85. And the median was 89.39.

SHSE:601777's Days Sales Outstanding is ranked worse than
91.69% of 1275 companies
in the Vehicles & Parts industry
Industry Median: 60.34 vs SHSE:601777: 125.89

Lifan Technology (Group) Co's Days Sales Outstanding declined from Mar. 2023 (254.42) to Mar. 2024 (74.04).

Warning Sign:

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

Lifan Technology (Group) Co Days Sales Outstanding Historical Data

The historical data trend for Lifan 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.

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Lifan Technology (Group) Co Days Sales Outstanding Chart

Lifan Technology (Group) Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

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99.70

103.48

55.85

76.62

110.18

Lifan Technology (Group) Co Quarterly Data
	Jun19	Sep19	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															254.42	202.09	174.95	85.34	74.04

Competitive Comparison of Lifan Technology (Group) Co's Days Sales Outstanding

For the Auto Manufacturers subindustry, Lifan 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.

Lifan Technology (Group) Co's Days Sales Outstanding Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Lifan Technology (Group) Co's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where Lifan Technology (Group) Co's Days Sales Outstanding falls into.

Lifan 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.

Lifan Technology (Group) 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
=	( (2946.089	+	1140.089)	/	2 )	/	6768.342	*	365
=	2043.089					/	6768.342	*	365
=	110.18

Lifan Technology (Group) 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
=	( (1140.089	+	1141.882)	/	2 )	/	1406.24	*	365 / 4
=	1140.9855					/	1406.24	*	365 / 4
=	74.04

Lifan Technology (Group) Co (SHSE:601777) Days Sales Outstanding Explanation

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

Lifan Technology (Group) Co Days Sales Outstanding Related Terms

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Lifan Technology (Group) Co (SHSE:601777) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Lifan Technology (Group) Co Ltd (SHSE:601777) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 2, Huanghuan North Road, Jinshan Avenue, Liangjiang New District, Chongqing, CHN, 400707

Website

http://www.lifan.com

Lifan Technology (Group) Co Ltd is mainly engaged in the research and development, production and sale (including export) of automobile, motorcycle, and engine, integrating investment and financial services.

Executives

Tang Xiao Dong	senior management
Yang Yong Kang	Director
Mou Gang	senior management
Tuo Yong Gui	Supervisors
He Yuan Han	Supervisors
Wen Qi Yuan	Supervisors
Lan Ting Qin	Supervisors
Shang You	senior management
Hao Ting Mu	senior management

Lifan Technology (Group) Co (SHSE:601777) Headlines

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