WG Tech (JiangXi) Group Co (SHSE:603773) Days Sales Outstanding : 143.10 (As of Sep. 2024)

View and export this data going back to 2018. Start your Free Trial

What is WG Tech (JiangXi) Group Co Days Sales Outstanding?

WG Tech (JiangXi) Group Co's average Accounts Receivable for the three months ended in Sep. 2024 was ¥942 Mil. WG Tech (JiangXi) Group Co's Revenue for the three months ended in Sep. 2024 was ¥601 Mil. Hence, WG Tech (JiangXi) Group Co's Days Sales Outstanding for the three months ended in Sep. 2024 was 143.10.

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

SHSE:603773' s Days Sales Outstanding Range Over the Past 10 Years
Min: 118.57 Med: 141.32 Max: 190.59
Current: 154.08

During the past 11 years, WG Tech (JiangXi) Group Co's highest Days Sales Outstanding was 190.59. The lowest was 118.57. And the median was 141.32.

SHSE:603773's Days Sales Outstanding is ranked worse than
88.3% of 2428 companies
in the Hardware industry
Industry Median: 74.98 vs SHSE:603773: 154.08

WG Tech (JiangXi) Group Co's Days Sales Outstanding declined from Sep. 2023 (168.32) to Sep. 2024 (143.10).

WG Tech (JiangXi) Group Co Days Sales Outstanding Historical Data

The historical data trend for WG Tech (JiangXi) 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.

* Premium members only.

WG Tech (JiangXi) Group Co Days Sales Outstanding Chart

WG Tech (JiangXi) Group Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

Get a 7-Day Free Trial

145.66

136.61

136.98

190.59

188.18

WG Tech (JiangXi) Group Co Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Days Sales Outstanding	Get a 7-Day Free Trial															168.32	150.75	161.68	159.97	143.10

Competitive Comparison of WG Tech (JiangXi) Group Co's Days Sales Outstanding

For the Electronic Components subindustry, WG Tech (JiangXi) 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.

WG Tech (JiangXi) Group Co's Days Sales Outstanding Distribution in the Hardware Industry

For the Hardware industry and Technology sector, WG Tech (JiangXi) Group Co's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where WG Tech (JiangXi) Group Co's Days Sales Outstanding falls into.

Save Embed

;

Save Embed

;

WG Tech (JiangXi) 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.

WG Tech (JiangXi) 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
=	( (920.338	+	949.68)	/	2 )	/	1813.615	*	365
=	935.009					/	1813.615	*	365
=	188.18

WG Tech (JiangXi) Group Co's Days Sales Outstanding for the quarter that ended in Sep. 2024 is calculated as:

	Days Sales Outstanding (Q: Sep. 2024 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Jun. 2024 )	+	Accounts Receivable (A: Sep. 2024 ))	/	count )	/	Revenue (A: Sep. 2024 )	*	Days in Period
=	( (899.294	+	984.841)	/	2 )	/	600.724	*	365 / 4
=	942.0675					/	600.724	*	365 / 4
=	143.10

WG Tech (JiangXi) Group Co (SHSE:603773) Days Sales Outstanding Explanation

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

WG Tech (JiangXi) Group Co Days Sales Outstanding Related Terms

Thank you for viewing the detailed overview of WG Tech (JiangXi) Group Co's Days Sales Outstanding provided by GuruFocus.com. Please click on the following links to see related term pages.

WG Tech (JiangXi) Group Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » WG Tech (JiangXi) Group Co Ltd (SHSE:603773) » Definitions » Days Sales Outstanding

Traded in Other Exchanges

N/A

Address

National High-Tech Economic Development Zone, Industrial Park West Avenue Vogt, Jiangxi, Xinyu, CHN, 338004

Website

http://www.wgtechjx.com

WG Tech (JiangXi) Group Co Ltd is engaged in display device manufacturing, film video recording, and playback equipment manufacturing, wearable smart device manufacturing, display device sales, electronic component manufacturing, power electronic components sales, optoelectronic device manufacturing, optoelectronic device sales, optical glass manufacturing, optical glass, sales, R&D of electronic special materials, manufacturing of electronic special materials, sales of electronic special materials, non-metallic waste, and others.

Executives

Hu Fang Fang	senior management
Xiong Wei	Supervisors
Kang Zhi Hua	Director
Zhang Xun	Director
Liu Wen Gao	Director
Yi Wei Hua	Director
Zhang Xiong Bin	Director

WG Tech (JiangXi) Group Co Headlines

No Headlines