DBAPPSecurity Co (SHSE:688023) Days Sales Outstanding : 229.15 (As of Mar. 2024)

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What is DBAPPSecurity Co Days Sales Outstanding?

DBAPPSecurity Co's average Accounts Receivable for the three months ended in Mar. 2024 was ¥705 Mil. DBAPPSecurity Co's Revenue for the three months ended in Mar. 2024 was ¥281 Mil. Hence, DBAPPSecurity Co's Days Sales Outstanding for the three months ended in Mar. 2024 was 229.15.

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

SHSE:688023' s Days Sales Outstanding Range Over the Past 10 Years
Min: 65.43 Med: 83.34 Max: 120.4
Current: 115.09

During the past 8 years, DBAPPSecurity Co's highest Days Sales Outstanding was 120.40. The lowest was 65.43. And the median was 83.34.

SHSE:688023's Days Sales Outstanding is ranked worse than
81.19% of 2722 companies
in the Software industry
Industry Median: 61.8 vs SHSE:688023: 115.09

DBAPPSecurity Co's Days Sales Outstanding increased from Mar. 2023 (179.21) to Mar. 2024 (229.15).

DBAPPSecurity Co Days Sales Outstanding Historical Data

The historical data trend for DBAPPSecurity 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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DBAPPSecurity Co Days Sales Outstanding Chart

DBAPPSecurity Co Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

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70.42

65.43

74.97

105.75

120.40

DBAPPSecurity 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															179.21	156.98	114.35	68.21	229.15

Competitive Comparison of DBAPPSecurity Co's Days Sales Outstanding

For the Software - Infrastructure subindustry, DBAPPSecurity 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.

DBAPPSecurity Co's Days Sales Outstanding Distribution in the Software Industry

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

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

DBAPPSecurity 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.

DBAPPSecurity 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
=	( (679.366	+	752.296)	/	2 )	/	2170.165	*	365
=	715.831					/	2170.165	*	365
=	120.40

DBAPPSecurity 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
=	( (752.296	+	658.047)	/	2 )	/	280.802	*	365 / 4
=	705.1715					/	280.802	*	365 / 4
=	229.15

DBAPPSecurity Co (SHSE:688023) Days Sales Outstanding Explanation

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

DBAPPSecurity Co Days Sales Outstanding Related Terms

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DBAPPSecurity Co (SHSE:688023) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » DBAPPSecurity Co Ltd (SHSE:688023) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 188, Lianhui Street, Anheng Building, Xixing Street, Binjiang District, Zhejiang, Hangzhou, CHN, 310051

Website

https://www.dbappsecurity.com.cn

DBAPPSecurity Co Ltd is engaged in the development, production and sales of network information security products and provides customers with professional network information security services. The company's products and services cover applications such as Application Security, Big data Security, Cloud Security, IoT Security, Industrial Control Security, and Industrial Internet Security.

Executives

Tan Xiu Zhu	Core technical personnel
Liu Bo	Core technical personnel
Jiang You Wei	Director
Fan Yuan	Director
Shen Ren Mei	Director

DBAPPSecurity Co (SHSE:688023) Headlines

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