Suzhou HYC Technology Co (SHSE:688001) Days Sales Outstanding : 374.02 (As of Mar. 2024)

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What is Suzhou HYC Technology Co Days Sales Outstanding?

Suzhou HYC Technology Co's average Accounts Receivable for the three months ended in Mar. 2024 was ¥1,153 Mil. Suzhou HYC Technology Co's Revenue for the three months ended in Mar. 2024 was ¥281 Mil. Hence, Suzhou HYC Technology Co's Days Sales Outstanding for the three months ended in Mar. 2024 was 374.02.

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

SHSE:688001' s Days Sales Outstanding Range Over the Past 10 Years
Min: 48.77 Med: 145.85 Max: 233.2
Current: 233.2

During the past 8 years, Suzhou HYC Technology Co's highest Days Sales Outstanding was 233.20. The lowest was 48.77. And the median was 145.85.

SHSE:688001's Days Sales Outstanding is ranked worse than
94.92% of 2460 companies
in the Hardware industry
Industry Median: 74.04 vs SHSE:688001: 233.20

Suzhou HYC Technology Co's Days Sales Outstanding increased from Mar. 2023 (284.90) to Mar. 2024 (374.02).

Suzhou HYC Technology Co Days Sales Outstanding Historical Data

The historical data trend for Suzhou HYC Technology 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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Suzhou HYC Technology Co Days Sales Outstanding Chart

Suzhou HYC Technology Co Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

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132.32

159.38

177.28

178.10

225.77

Suzhou HYC Technology 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															284.90	190.24	235.58	201.99	374.02

Competitive Comparison of Suzhou HYC Technology Co's Days Sales Outstanding

For the Electronic Components subindustry, Suzhou HYC Technology 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.

Suzhou HYC Technology Co's Days Sales Outstanding Distribution in the Hardware Industry

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

* The bar in red indicates where Suzhou HYC Technology Co's Days Sales Outstanding falls into.

Suzhou HYC Technology 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.

Suzhou HYC Technology 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
=	( (1177.102	+	1125.204)	/	2 )	/	1861.042	*	365
=	1151.153					/	1861.042	*	365
=	225.77

Suzhou HYC Technology 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
=	( (1125.204	+	1179.938)	/	2 )	/	281.197	*	365 / 4
=	1152.571					/	281.197	*	365 / 4
=	374.02

Suzhou HYC Technology Co (SHSE:688001) Days Sales Outstanding Explanation

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

Suzhou HYC Technology Co Days Sales Outstanding Related Terms

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Suzhou HYC Technology Co (SHSE:688001) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Suzhou HYC Technology Co Ltd (SHSE:688001) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 8 Qingqiu Lane, Suzhou Industrial Park, Suzhou, CHN, 215000

Website

http://www.hyc.cn

Suzhou HYC Technology Co Ltd is a provider of industrial automatic test equipment and complete line system solutions. The test products are used in the manufacturers of LCD, flexible OLED, semiconductor, new energy automotive electronics and other industries.

Executives

Zhu Chen	Director
Cheng Zhong	senior management
Zhang Qian	Director
Jiang Rui Xiang	senior management

Suzhou HYC Technology Co (SHSE:688001) Headlines

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