Shenzhen VMAX New Energy Group Co (SHSE:688612) Days Sales Outstanding : 96.97 (As of Mar. 2025)

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What is Shenzhen VMAX New Energy Group Co Days Sales Outstanding?

Shenzhen VMAX New Energy Group Co's average Accounts Receivable for the three months ended in Mar. 2025 was ¥1,438 Mil. Shenzhen VMAX New Energy Group Co's Revenue for the three months ended in Mar. 2025 was ¥1,353 Mil. Hence, Shenzhen VMAX New Energy Group Co's Days Sales Outstanding for the three months ended in Mar. 2025 was 96.97.

The historical rank and industry rank for Shenzhen VMAX New Energy Group Co's Days Sales Outstanding or its related term are showing as below:

SHSE:688612' s Days Sales Outstanding Range Over the Past 10 Years
Min: 63.23 Med: 90.37 Max: 132.8
Current: 80.49

During the past 9 years, Shenzhen VMAX New Energy Group Co's highest Days Sales Outstanding was 132.80. The lowest was 63.23. And the median was 90.37.

SHSE:688612's Days Sales Outstanding is ranked worse than
71.7% of 1304 companies
in the Vehicles & Parts industry
Industry Median: 60.235 vs SHSE:688612: 80.49

Shenzhen VMAX New Energy Group Co's Days Sales Outstanding increased from Mar. 2024 (86.43) to Mar. 2025 (96.97).

Shenzhen VMAX New Energy Group Co Days Sales Outstanding Historical Data

The historical data trend for Shenzhen VMAX New Energy Group 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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Shenzhen VMAX New Energy Group Co Days Sales Outstanding Chart

Shenzhen VMAX New Energy Group Co Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Days Sales Outstanding

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132.80

68.09

63.23

77.74

89.26

Shenzhen VMAX New Energy Group Co Quarterly Data
	Dec17	Dec18	Mar19	Sep19	Dec19	Dec20	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24	Mar25
Days Sales Outstanding	Get a 7-Day Free Trial															86.43	81.69	85.07	75.28	96.97

Competitive Comparison of Shenzhen VMAX New Energy Group Co's Days Sales Outstanding

For the Auto Parts subindustry, Shenzhen VMAX New Energy Group 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.

Shenzhen VMAX New Energy Group Co's Days Sales Outstanding Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Shenzhen VMAX New Energy Group Co's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where Shenzhen VMAX New Energy Group Co's Days Sales Outstanding falls into.

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Shenzhen VMAX New Energy Group 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.

Shenzhen VMAX New Energy Group Co's Days Sales Outstanding for the fiscal year that ended in Dec. 2024 is calculated as

	Days Sales Outstanding (A: Dec. 2024 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Dec. 2023 )	+	Accounts Receivable (A: Dec. 2024 ))	/	count )	/	Revenue (A: Dec. 2024 )	*	Days in Period
=	( (1418.039	+	1698.654)	/	2 )	/	6372.42	*	365
=	1558.3465					/	6372.42	*	365
=	89.26

Shenzhen VMAX New Energy Group Co's Days Sales Outstanding for the quarter that ended in Mar. 2025 is calculated as:

	Days Sales Outstanding (Q: Mar. 2025 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Dec. 2024 )	+	Accounts Receivable (A: Mar. 2025 ))	/	count )	/	Revenue (A: Mar. 2025 )	*	Days in Period
=	( (1698.654	+	1177.813)	/	2 )	/	1353.449	*	365 / 4
=	1438.2335					/	1353.449	*	365 / 4
=	96.97

Shenzhen VMAX New Energy Group Co (SHSE:688612) Days Sales Outstanding Explanation

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

Shenzhen VMAX New Energy Group Co Days Sales Outstanding Related Terms

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Shenzhen VMAX New Energy Group Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Shenzhen VMAX New Energy Group Co Ltd (SHSE:688612) » Definitions » Days Sales Outstanding

Traded in Other Exchanges

N/A

Address

Fifth Industrial Zone, Beihuan Road, One of 501, Fengyun Technology Building, Nanshan, Guangdong, Shenzhen, CHN, 518000

Website

http://www.vmaxpower.com.cn

Shenzhen VMAX New Energy Group Co Ltd is engaged in Research and development, production, sales and technical services of power electronic products related to new energy vehicles. VMAX works with many automobile manufacturers to provide customers with high-quality automotive power domain products and efficient solutions, including but not limited to OBCs, DCDCs, inverters, gearboxes, Electric Vehicle Communication Controller (EVCC), Wireless Electric Vehicle Charging (WEVC) and so on.

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