Guizhou Aviation Technical Development Co (SHSE:688239) Days Sales Outstanding : 157.48 (As of Mar. 2024)

View and export this data going back to 2021. Start your Free Trial

What is Guizhou Aviation Technical Development Co Days Sales Outstanding?

Guizhou Aviation Technical Development Co's average Accounts Receivable for the three months ended in Mar. 2024 was ¥997 Mil. Guizhou Aviation Technical Development Co's Revenue for the three months ended in Mar. 2024 was ¥578 Mil. Hence, Guizhou Aviation Technical Development Co's Days Sales Outstanding for the three months ended in Mar. 2024 was 157.48.

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

SHSE:688239' s Days Sales Outstanding Range Over the Past 10 Years
Min: 120.92 Med: 143.92 Max: 202.6
Current: 171.94

During the past 9 years, Guizhou Aviation Technical Development Co's highest Days Sales Outstanding was 202.60. The lowest was 120.92. And the median was 143.92.

SHSE:688239's Days Sales Outstanding is ranked worse than
83.72% of 301 companies
in the Aerospace & Defense industry
Industry Median: 63.12 vs SHSE:688239: 171.94

Guizhou Aviation Technical Development Co's Days Sales Outstanding increased from Mar. 2023 (117.47) to Mar. 2024 (157.48).

Guizhou Aviation Technical Development Co Days Sales Outstanding Historical Data

The historical data trend for Guizhou Aviation Technical Development 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.

Guizhou Aviation Technical Development Co Days Sales Outstanding Chart

Guizhou Aviation Technical Development Co Annual Data

Trend

Dec13

Dec14

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

Get a 7-Day Free Trial

143.92

163.79

135.81

120.92

125.57

Guizhou Aviation Technical Development Co Quarterly Data
	Mar19	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															117.47	142.43	184.55	224.26	157.48

Competitive Comparison of Guizhou Aviation Technical Development Co's Days Sales Outstanding

For the Aerospace & Defense subindustry, Guizhou Aviation Technical Development 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.

Guizhou Aviation Technical Development Co's Days Sales Outstanding Distribution in the Aerospace & Defense Industry

For the Aerospace & Defense industry and Industrials sector, Guizhou Aviation Technical Development Co's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where Guizhou Aviation Technical Development Co's Days Sales Outstanding falls into.

Guizhou Aviation Technical Development 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.

Guizhou Aviation Technical Development 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
=	( (577.388	+	870.132)	/	2 )	/	2103.848	*	365
=	723.76					/	2103.848	*	365
=	125.57

Guizhou Aviation Technical Development 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
=	( (870.132	+	1124.495)	/	2 )	/	577.885	*	365 / 4
=	997.3135					/	577.885	*	365 / 4
=	157.48

Guizhou Aviation Technical Development Co (SHSE:688239) Days Sales Outstanding Explanation

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

Guizhou Aviation Technical Development Co Days Sales Outstanding Related Terms

Thank you for viewing the detailed overview of Guizhou Aviation Technical Development Co's Days Sales Outstanding provided by GuruFocus.com. Please click on the following links to see related term pages.

Guizhou Aviation Technical Development Co (SHSE:688239) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Aerospace & Defense » Guizhou Aviation Technical Development Co Ltd (SHSE:688239) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

N/A

Address

Shangbashan Road, Jinyang Science and Technology Industrial Park, Guiyang National High-tech Industrial Development, Guizhou Province, Guiyang, CHN, 550081

Website

http://www.gzhykj.net

Guizhou Aviation Technical Development Co Ltd is engaged in the research and development, production and sales of annular forgings of difficult-to-deform aerospace metal materials. Its products are mainly used in domestic aircraft engines, gas turbines, space launch vehicles, missiles and other high-end equipment fields.

Executives

Yang Jia Dian	Core technical personnel
Wang Hua Dong	Senior management, core technical personnel
Liu Chao Hui	Directors, senior managers
Song Jie	Supervisors

Guizhou Aviation Technical Development Co (SHSE:688239) Headlines

No Headlines