Guangzhou Tongda Auto Electric Co (SHSE:603390) Days Sales Outstanding : 221.90 (As of Jun. 2024)

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What is Guangzhou Tongda Auto Electric Co Days Sales Outstanding?

Guangzhou Tongda Auto Electric Co's average Accounts Receivable for the three months ended in Jun. 2024 was ¥309.2 Mil. Guangzhou Tongda Auto Electric Co's Revenue for the three months ended in Jun. 2024 was ¥127.1 Mil. Hence, Guangzhou Tongda Auto Electric Co's Days Sales Outstanding for the three months ended in Jun. 2024 was 221.90.

The historical rank and industry rank for Guangzhou Tongda Auto Electric Co's Days Sales Outstanding or its related term are showing as below:

SHSE:603390' s Days Sales Outstanding Range Over the Past 10 Years
Min: 132.83 Med: 198.67 Max: 242.47
Current: 192.74

During the past 9 years, Guangzhou Tongda Auto Electric Co's highest Days Sales Outstanding was 242.47. The lowest was 132.83. And the median was 198.67.

SHSE:603390's Days Sales Outstanding is ranked worse than
96.89% of 1287 companies
in the Vehicles & Parts industry
Industry Median: 60.65 vs SHSE:603390: 192.74

Guangzhou Tongda Auto Electric Co's Days Sales Outstanding increased from Jun. 2023 (189.63) to Jun. 2024 (221.90).

Guangzhou Tongda Auto Electric Co Days Sales Outstanding Historical Data

The historical data trend for Guangzhou Tongda Auto Electric 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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Guangzhou Tongda Auto Electric Co Days Sales Outstanding Chart

Guangzhou Tongda Auto Electric Co Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

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208.83

226.93

242.47

236.33

198.67

Guangzhou Tongda Auto Electric 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															189.63	217.07	138.20	237.64	221.90

Competitive Comparison of Guangzhou Tongda Auto Electric Co's Days Sales Outstanding

For the Auto Parts subindustry, Guangzhou Tongda Auto Electric 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.

Guangzhou Tongda Auto Electric Co's Days Sales Outstanding Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Guangzhou Tongda Auto Electric Co's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where Guangzhou Tongda Auto Electric Co's Days Sales Outstanding falls into.

Guangzhou Tongda Auto Electric 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.

Guangzhou Tongda Auto Electric 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
=	( (315.243	+	306.136)	/	2 )	/	570.797	*	365
=	310.6895					/	570.797	*	365
=	198.67

Guangzhou Tongda Auto Electric 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
=	( (332.288	+	286.101)	/	2 )	/	127.148	*	365 / 4
=	309.1945					/	127.148	*	365 / 4
=	221.90

Guangzhou Tongda Auto Electric Co (SHSE:603390) Days Sales Outstanding Explanation

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

Guangzhou Tongda Auto Electric Co Days Sales Outstanding Related Terms

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Guangzhou Tongda Auto Electric Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Guangzhou Tongda Auto Electric Co Ltd (SHSE:603390) » Definitions » Days Sales Outstanding

Traded in Other Exchanges

N/A

Address

No. 1633 Beitai Road, Kesheng Road, Guangzhou Private Science and Technology Park, Room 605-3, Supporting Service Building No. 8, Baiyun District, Guangdong, Guangzhou, CHN, 510540

Website

http://www.tongda.cc

Guangzhou Tongda Auto Electric Co Ltd is a China based company specializes in the integrated information management system of vehicle intelligent terminals and the research, development, production and sales of automotive electrical products. The company mainly provides car intelligent system series products, bus multimedia information release system series products, car component series products, new energy automobile motor and thermal management system series products.

Executives

Lin Zhi	Supervisors
Mao Xiang Bo	Directors, senior managers
Fu Hua Bo	Supervisors
Lao Zhong Jian	Director

Guangzhou Tongda Auto Electric Co Headlines

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