Tederic Machinery Co (SHSE:603289) Days Sales Outstanding : 128.97 (As of Jun. 2024)

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What is Tederic Machinery Co Days Sales Outstanding?

Tederic Machinery Co's average Accounts Receivable for the three months ended in Jun. 2024 was ¥455 Mil. Tederic Machinery Co's Revenue for the three months ended in Jun. 2024 was ¥322 Mil. Hence, Tederic Machinery Co's Days Sales Outstanding for the three months ended in Jun. 2024 was 128.97.

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

SHSE:603289' s Days Sales Outstanding Range Over the Past 10 Years
Min: 80.13 Med: 111.03 Max: 145.96
Current: 145.96

During the past 12 years, Tederic Machinery Co's highest Days Sales Outstanding was 145.96. The lowest was 80.13. And the median was 111.03.

SHSE:603289's Days Sales Outstanding is ranked worse than
83.83% of 2975 companies
in the Industrial Products industry
Industry Median: 79.28 vs SHSE:603289: 145.96

Tederic Machinery Co's Days Sales Outstanding declined from Jun. 2023 (138.99) to Jun. 2024 (128.97).

Tederic Machinery Co Days Sales Outstanding Historical Data

The historical data trend for Tederic Machinery 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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Tederic Machinery Co Days Sales Outstanding Chart

Tederic Machinery Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

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117.31

117.60

94.95

97.86

132.64

Tederic Machinery 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															138.99	152.36	157.34	146.04	128.97

Competitive Comparison of Tederic Machinery Co's Days Sales Outstanding

For the Specialty Industrial Machinery subindustry, Tederic Machinery 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.

Tederic Machinery Co's Days Sales Outstanding Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Tederic Machinery Co's Days Sales Outstanding distribution charts can be found below:

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

Tederic Machinery 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.

Tederic Machinery 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
=	( (339.653	+	388.536)	/	2 )	/	1001.945	*	365
=	364.0945					/	1001.945	*	365
=	132.64

Tederic Machinery 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
=	( (431.175	+	478.087)	/	2 )	/	321.673	*	365 / 4
=	454.631					/	321.673	*	365 / 4
=	128.97

Tederic Machinery Co (SHSE:603289) Days Sales Outstanding Explanation

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

Tederic Machinery Co Days Sales Outstanding Related Terms

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Tederic Machinery Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Tederic Machinery Co Ltd (SHSE:603289) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

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Address

No. 245, North Wenze Road, Xiasha Street, Hangzhou Economic Technological Development Area, Zhejiang Province, Hangzhou, CHN, 310018

Website

http://www.tederic-cn.com

Tederic Machinery Co Ltd is an IMM turn-key solution supplier. Its product offering includes DT toggle system series, DH two-platen series, DE full-electric series and multi-components IMM. Its solutions are applied in auto parts and home appliance, industrial and civil products, logistics, utility tunnel and pipe fitting, food and medicine package and electronics and office automation.

Executives

Zhang Li Fang	senior management
Zheng Jian Guo	Director
He Ying	Director
Shao Liang	senior management
Wu Zhen Zhen	Supervisors
Wu Jing Yang	Director

Tederic Machinery Co Headlines

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