Hengdian Group Tospo Lighting Co (SHSE:603303) Days Sales Outstanding : 93.32 (As of Mar. 2024)

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What is Hengdian Group Tospo Lighting Co Days Sales Outstanding?

Hengdian Group Tospo Lighting Co's average Accounts Receivable for the three months ended in Mar. 2024 was ¥1,110 Mil. Hengdian Group Tospo Lighting Co's Revenue for the three months ended in Mar. 2024 was ¥1,085 Mil. Hence, Hengdian Group Tospo Lighting Co's Days Sales Outstanding for the three months ended in Mar. 2024 was 93.32.

The historical rank and industry rank for Hengdian Group Tospo Lighting Co's Days Sales Outstanding or its related term are showing as below:

SHSE:603303' s Days Sales Outstanding Range Over the Past 10 Years
Min: 66.81 Med: 86.51 Max: 108.97
Current: 98.71

During the past 13 years, Hengdian Group Tospo Lighting Co's highest Days Sales Outstanding was 108.97. The lowest was 66.81. And the median was 86.51.

SHSE:603303's Days Sales Outstanding is ranked worse than
64.49% of 2954 companies
in the Industrial Products industry
Industry Median: 79.805 vs SHSE:603303: 98.71

Hengdian Group Tospo Lighting Co's Days Sales Outstanding declined from Mar. 2023 (102.34) to Mar. 2024 (93.32).

Hengdian Group Tospo Lighting Co Days Sales Outstanding Historical Data

The historical data trend for Hengdian Group Tospo Lighting 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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Hengdian Group Tospo Lighting Co Days Sales Outstanding Chart

Hengdian Group Tospo Lighting Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

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89.17

91.03

93.94

108.97

89.56

Hengdian Group Tospo Lighting 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															102.34	92.35	108.07	107.64	93.32

Competitive Comparison of Hengdian Group Tospo Lighting Co's Days Sales Outstanding

For the Electrical Equipment & Parts subindustry, Hengdian Group Tospo Lighting 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.

Hengdian Group Tospo Lighting Co's Days Sales Outstanding Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Hengdian Group Tospo Lighting Co's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where Hengdian Group Tospo Lighting Co's Days Sales Outstanding falls into.

Hengdian Group Tospo Lighting 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.

Hengdian Group Tospo Lighting 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
=	( (1189.835	+	1115.074)	/	2 )	/	4696.986	*	365
=	1152.4545					/	4696.986	*	365
=	89.56

Hengdian Group Tospo Lighting 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
=	( (1115.074	+	1105.147)	/	2 )	/	1085.465	*	365 / 4
=	1110.1105					/	1085.465	*	365 / 4
=	93.32

Hengdian Group Tospo Lighting Co (SHSE:603303) Days Sales Outstanding Explanation

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

Hengdian Group Tospo Lighting Co Days Sales Outstanding Related Terms

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Hengdian Group Tospo Lighting Co (SHSE:603303) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Hengdian Group Tospo Lighting Co Ltd (SHSE:603303) » Definitions » Days Sales Outstanding

Traded in Other Exchanges

N/A

Address

Zhejiang Province Hengdian Electronic Industrial Park, Dongyang, CHN, 322118

Website

http://www.tospolighting.com.cn

Hengdian Group Tospo Lighting Co Ltd is a Chinese company engaged in designing and installation of lighting products. It provides LED light source products, interior lighting, professional lamps and lanterns, lighting control, structural components and other lighting products. LED light source products cover all kinds of bulbs, spotlights and decorative lights.

Executives

Wu Yi Xin	senior management
Ni Qiang	Director

Hengdian Group Tospo Lighting Co (SHSE:603303) Headlines

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