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Ningbo PIA Automation Holding (SHSE:688306) Days Sales Outstanding : 55.22 (As of Sep. 2024)


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What is Ningbo PIA Automation Holding Days Sales Outstanding?

Ningbo PIA Automation Holding's average Accounts Receivable for the three months ended in Sep. 2024 was ¥274 Mil. Ningbo PIA Automation Holding's Revenue for the three months ended in Sep. 2024 was ¥453 Mil. Hence, Ningbo PIA Automation Holding's Days Sales Outstanding for the three months ended in Sep. 2024 was 55.22.

The historical rank and industry rank for Ningbo PIA Automation Holding's Days Sales Outstanding or its related term are showing as below:

SHSE:688306' s Days Sales Outstanding Range Over the Past 10 Years
Min: 26.36   Med: 32.65   Max: 69.76
Current: 54.62

During the past 7 years, Ningbo PIA Automation Holding's highest Days Sales Outstanding was 69.76. The lowest was 26.36. And the median was 32.65.

SHSE:688306's Days Sales Outstanding is ranked better than
56.58% of 1276 companies
in the Vehicles & Parts industry
Industry Median: 60.395 vs SHSE:688306: 54.62

Ningbo PIA Automation Holding's Days Sales Outstanding declined from Sep. 2023 (68.99) to Sep. 2024 (55.22).


Ningbo PIA Automation Holding Days Sales Outstanding Historical Data

The historical data trend for Ningbo PIA Automation Holding'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.

Ningbo PIA Automation Holding Days Sales Outstanding Chart

Ningbo PIA Automation Holding Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Sales Outstanding
Get a 7-Day Free Trial 26.36 29.67 27.26 58.85 69.76

Ningbo PIA Automation Holding Quarterly Data
Dec18 Dec19 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 68.99 58.06 64.84 43.77 55.22

Competitive Comparison of Ningbo PIA Automation Holding's Days Sales Outstanding

For the Auto Parts subindustry, Ningbo PIA Automation Holding'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.


Ningbo PIA Automation Holding's Days Sales Outstanding Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Ningbo PIA Automation Holding's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where Ningbo PIA Automation Holding's Days Sales Outstanding falls into.



Ningbo PIA Automation Holding 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.

Ningbo PIA Automation Holding'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
=( (442.673 + 358.415) / 2 ) / 2095.788*365
=400.544 / 2095.788*365
=69.76

Ningbo PIA Automation Holding'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
=( (293.411 + 254.31) / 2 ) / 452.543*365 / 4
=273.8605 / 452.543*365 / 4
=55.22

* 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.


Ningbo PIA Automation Holding  (SHSE:688306) Days Sales Outstanding Explanation

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


Ningbo PIA Automation Holding Days Sales Outstanding Related Terms

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Ningbo PIA Automation Holding Business Description

Traded in Other Exchanges
N/A
Address
No. 99, Qingyi Road, Building 4, High-tech Zone, Zhejiang Province, Ningbo, CHN, 315040
Ningbo PIA Automation Holding Corp is engaged in the research and development, production, sales and service of complete sets of customized assembly and inspection intelligent manufacturing equipment and digital software.

Ningbo PIA Automation Holding Headlines

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