Nextool Technology Co (SHSE:688419) Days Sales Outstanding : 136.25 (As of Mar. 2024)

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What is Nextool Technology Co Days Sales Outstanding?

Nextool Technology Co's average Accounts Receivable for the three months ended in Mar. 2024 was ¥81.5 Mil. Nextool Technology Co's Revenue for the three months ended in Mar. 2024 was ¥54.6 Mil. Hence, Nextool Technology Co's Days Sales Outstanding for the three months ended in Mar. 2024 was 136.25.

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

SHSE:688419' s Days Sales Outstanding Range Over the Past 10 Years
Min: 28.06 Med: 63.23 Max: 180.18
Current: 153.09

During the past 6 years, Nextool Technology Co's highest Days Sales Outstanding was 180.18. The lowest was 28.06. And the median was 63.23.

SHSE:688419's Days Sales Outstanding is ranked worse than
84.99% of 2952 companies
in the Industrial Products industry
Industry Median: 79.815 vs SHSE:688419: 153.09

Nextool Technology Co's Days Sales Outstanding declined from Mar. 2023 (231.02) to Mar. 2024 (136.25).

Nextool Technology Co Days Sales Outstanding Historical Data

The historical data trend for Nextool 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.

* Premium members only.

Nextool Technology Co Days Sales Outstanding Chart

Nextool Technology Co Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

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28.06

49.69

76.77

121.62

180.18

Nextool Technology Co Quarterly Data
	Dec18	Dec19	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Days Sales Outstanding	Get a 7-Day Free Trial											231.02	181.02	177.02	125.03	136.25

Competitive Comparison of Nextool Technology Co's Days Sales Outstanding

For the Specialty Industrial Machinery subindustry, Nextool 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.

Nextool Technology Co's Days Sales Outstanding Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Nextool Technology Co's Days Sales Outstanding distribution charts can be found below:

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

Nextool 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.

Nextool 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
=	( (114.994	+	80.444)	/	2 )	/	197.955	*	365
=	97.719					/	197.955	*	365
=	180.18

Nextool 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
=	( (80.444	+	82.569)	/	2 )	/	54.586	*	365 / 4
=	81.5065					/	54.586	*	365 / 4
=	136.25

Nextool Technology Co (SHSE:688419) Days Sales Outstanding Explanation

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

Nextool Technology Co Days Sales Outstanding Related Terms

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Nextool Technology Co (SHSE:688419) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Nextool Technology Co Ltd (SHSE:688419) » Definitions » Days Sales Outstanding

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Traded in Other Exchanges

N/A

Address

Economic and Technological Development Zone, Anhui Province, Tongling, CHN, 244061

Website

http://www.nextooling.com

Nextool Technology Co Ltd is engaged in the research and development, production and sales of intelligent manufacturing equipment used in plastic extrusion molding and semiconductor packaging.

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