Shenzhen SEICHI Technologies Co (SHSE:688627) Days Sales Outstanding : 261.21 (As of Mar. 2024)

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What is Shenzhen SEICHI Technologies Co Days Sales Outstanding?

Shenzhen SEICHI Technologies Co's average Accounts Receivable for the three months ended in Mar. 2024 was ¥237.7 Mil. Shenzhen SEICHI Technologies Co's Revenue for the three months ended in Mar. 2024 was ¥83.0 Mil. Hence, Shenzhen SEICHI Technologies Co's Days Sales Outstanding for the three months ended in Mar. 2024 was 261.21.

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

SHSE:688627' s Days Sales Outstanding Range Over the Past 10 Years
Min: 44.35 Med: 71.62 Max: 104.87
Current: 95.42

During the past 7 years, Shenzhen SEICHI Technologies Co's highest Days Sales Outstanding was 104.87. The lowest was 44.35. And the median was 71.62.

SHSE:688627's Days Sales Outstanding is ranked worse than
62.3% of 2960 companies
in the Industrial Products industry
Industry Median: 79.615 vs SHSE:688627: 95.42

Shenzhen SEICHI Technologies Co's Days Sales Outstanding increased from Mar. 2023 (203.39) to Mar. 2024 (261.21).

Shenzhen SEICHI Technologies Co Days Sales Outstanding Historical Data

The historical data trend for Shenzhen SEICHI Technologies 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 SEICHI Technologies Co Days Sales Outstanding Chart

Shenzhen SEICHI Technologies Co Annual Data

Trend

Dec13

Dec14

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

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44.35

81.52

48.54

67.16

104.87

Shenzhen SEICHI Technologies Co Quarterly Data
	Dec13	Dec14	Dec19	Dec20	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Days Sales Outstanding	Get a 7-Day Free Trial										203.39	57.33	124.82	63.66	261.21

Competitive Comparison of Shenzhen SEICHI Technologies Co's Days Sales Outstanding

For the Specialty Industrial Machinery subindustry, Shenzhen SEICHI Technologies 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 SEICHI Technologies Co's Days Sales Outstanding Distribution in the Industrial Products Industry

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

* The bar in red indicates where Shenzhen SEICHI Technologies Co's Days Sales Outstanding falls into.

Shenzhen SEICHI Technologies 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 SEICHI Technologies 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
=	( (153.23	+	219.468)	/	2 )	/	648.563	*	365
=	186.349					/	648.563	*	365
=	104.87

Shenzhen SEICHI Technologies 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
=	( (219.468	+	255.991)	/	2 )	/	83.047	*	365 / 4
=	237.7295					/	83.047	*	365 / 4
=	261.21

Shenzhen SEICHI Technologies Co (SHSE:688627) 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 SEICHI Technologies Co Days Sales Outstanding Related Terms

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Shenzhen SEICHI Technologies Co (SHSE:688627) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Shenzhen SEICHI Technologies Co Ltd (SHSE:688627) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

N/A

Address

Longhua Street, East of 1st Floor, Building D, 101 Industrial Park, No. 1 Fuanna Company, Qinghu Village, Longhua, Qinghu, Guangdong, Shenzhen, CHN, 518110

Website

http://www.seichitech.com

Shenzhen SEICHI Technologies Co Ltd is a provider of testing equipment and system solution. It is mainly engaged in research, development, production and sales of new display device testing equipment. Detection and calibration repair, and gradually extended to the field of semiconductor storage device testing equipment, related products are used in wafer testing, packaging testing and aging repair of semiconductor storage devices represented by DRAM.

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