Jiangsu Goodwe Power Supply Technology Co (SHSE:688390) Days Sales Outstanding : 45.31 (As of Sep. 2024)

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What is Jiangsu Goodwe Power Supply Technology Co Days Sales Outstanding?

Jiangsu Goodwe Power Supply Technology Co's average Accounts Receivable for the three months ended in Sep. 2024 was ¥892 Mil. Jiangsu Goodwe Power Supply Technology Co's Revenue for the three months ended in Sep. 2024 was ¥1,796 Mil. Hence, Jiangsu Goodwe Power Supply Technology Co's Days Sales Outstanding for the three months ended in Sep. 2024 was 45.31.

The historical rank and industry rank for Jiangsu Goodwe Power Supply Technology Co's Days Sales Outstanding or its related term are showing as below:

SHSE:688390' s Days Sales Outstanding Range Over the Past 10 Years
Min: 28.91 Med: 37.06 Max: 157.97
Current: 42.05

During the past 10 years, Jiangsu Goodwe Power Supply Technology Co's highest Days Sales Outstanding was 157.97. The lowest was 28.91. And the median was 37.06.

SHSE:688390's Days Sales Outstanding is ranked better than
85.38% of 2435 companies
in the Hardware industry
Industry Median: 74.72 vs SHSE:688390: 42.05

Jiangsu Goodwe Power Supply Technology Co's Days Sales Outstanding increased from Sep. 2023 (41.78) to Sep. 2024 (45.31).

Jiangsu Goodwe Power Supply Technology Co Days Sales Outstanding Historical Data

The historical data trend for Jiangsu Goodwe Power Supply 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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Jiangsu Goodwe Power Supply Technology Co Days Sales Outstanding Chart

Jiangsu Goodwe Power Supply Technology Co Annual Data

Trend

Dec13

Dec14

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

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42.56

30.05

31.24

36.78

32.53

Jiangsu Goodwe Power Supply Technology Co Quarterly Data
	Dec19	Mar20	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															41.78	37.73	53.02	35.39	45.31

Competitive Comparison of Jiangsu Goodwe Power Supply Technology Co's Days Sales Outstanding

For the Electronic Components subindustry, Jiangsu Goodwe Power Supply 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.

Jiangsu Goodwe Power Supply Technology Co's Days Sales Outstanding Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Jiangsu Goodwe Power Supply Technology Co's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where Jiangsu Goodwe Power Supply Technology Co's Days Sales Outstanding falls into.

Jiangsu Goodwe Power Supply 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.

Jiangsu Goodwe Power Supply 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
=	( (639.097	+	671.387)	/	2 )	/	7352.681	*	365
=	655.242					/	7352.681	*	365
=	32.53

Jiangsu Goodwe Power Supply Technology Co'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
=	( (930.755	+	852.509)	/	2 )	/	1795.697	*	365 / 4
=	891.632					/	1795.697	*	365 / 4
=	45.31

Jiangsu Goodwe Power Supply Technology Co (SHSE:688390) Days Sales Outstanding Explanation

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

Jiangsu Goodwe Power Supply Technology Co Days Sales Outstanding Related Terms

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Jiangsu Goodwe Power Supply Technology Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Jiangsu Goodwe Power Supply Technology Co Ltd (SHSE:688390) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 90, Zijin Road, High-tech Zone, Jiangsu Province, Suzhou, CHN, 215011

Website

https://www.goodwe.com

Jiangsu Goodwe Power Supply Technology Co Ltd is engaged in Research and development, production and sales of new energy power supply equipment such as solar energy and energy storage.

Executives

Huang Bang Fu	Core technical personnel
Lu Jin Jun	Director
Dou Jin Li	senior management
Wang Yin Chao	senior management
Fang Gang	Director
Huang Min	Director
Zheng Jia Xuan	Director

Jiangsu Goodwe Power Supply Technology Co Headlines

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