Changzhou Aohong Electronics Co (SHSE:605058) Days Sales Outstanding : 103.06 (As of Mar. 2024)

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What is Changzhou Aohong Electronics Co Days Sales Outstanding?

Changzhou Aohong Electronics Co's average Accounts Receivable for the three months ended in Mar. 2024 was ¥310 Mil. Changzhou Aohong Electronics Co's Revenue for the three months ended in Mar. 2024 was ¥274 Mil. Hence, Changzhou Aohong Electronics Co's Days Sales Outstanding for the three months ended in Mar. 2024 was 103.06.

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

SHSE:605058' s Days Sales Outstanding Range Over the Past 10 Years
Min: 90 Med: 104.42 Max: 208.61
Current: 110.24

During the past 8 years, Changzhou Aohong Electronics Co's highest Days Sales Outstanding was 208.61. The lowest was 90.00. And the median was 104.42.

SHSE:605058's Days Sales Outstanding is ranked worse than
76.68% of 2461 companies
in the Hardware industry
Industry Median: 74.33 vs SHSE:605058: 110.24

Changzhou Aohong Electronics Co's Days Sales Outstanding declined from Mar. 2023 (118.25) to Mar. 2024 (103.06).

Changzhou Aohong Electronics Co Days Sales Outstanding Historical Data

The historical data trend for Changzhou Aohong Electronics 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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Changzhou Aohong Electronics Co Days Sales Outstanding Chart

Changzhou Aohong Electronics Co Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

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91.43

102.78

98.35

106.06

112.12

Changzhou Aohong Electronics 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															118.25	111.23	119.68	115.23	103.06

Competitive Comparison of Changzhou Aohong Electronics Co's Days Sales Outstanding

For the Electronic Components subindustry, Changzhou Aohong Electronics 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.

Changzhou Aohong Electronics Co's Days Sales Outstanding Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Changzhou Aohong Electronics Co's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where Changzhou Aohong Electronics Co's Days Sales Outstanding falls into.

Changzhou Aohong Electronics 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.

Changzhou Aohong Electronics 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
=	( (347.97	+	317.016)	/	2 )	/	1082.449	*	365
=	332.493					/	1082.449	*	365
=	112.12

Changzhou Aohong Electronics 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
=	( (317.016	+	302.968)	/	2 )	/	274.465	*	365 / 4
=	309.992					/	274.465	*	365 / 4
=	103.06

Changzhou Aohong Electronics Co (SHSE:605058) Days Sales Outstanding Explanation

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

Changzhou Aohong Electronics Co Days Sales Outstanding Related Terms

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Changzhou Aohong Electronics Co (SHSE:605058) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Changzhou Aohong Electronics Co Ltd (SHSE:605058) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 15, Xinke Road, Xinbei District, Jiangsu Province, Changzhou, CHN, 213031

Website

http://www.czaohong.com

Changzhou Aohong Electronics Co Ltd is engaged in the production and sales of printed circuit boards (PCB). Its main products are single-sided PCB, double-sided PCB, multi-layer PCB and metal base, printed boards, tin-jet printed boards, carbon film boards and others. The products cover many fields such as household appliances, consumer electronics, power sources, network communications and automotive electronics.

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