China Post Technology Co (SHSE:688648) Days Sales Outstanding : 123.85 (As of Mar. 2024)

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What is China Post Technology Co Days Sales Outstanding?

China Post Technology Co's average Accounts Receivable for the three months ended in Mar. 2024 was ¥283 Mil. China Post Technology Co's Revenue for the three months ended in Mar. 2024 was ¥208 Mil. Hence, China Post Technology Co's Days Sales Outstanding for the three months ended in Mar. 2024 was 123.85.

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

SHSE:688648' s Days Sales Outstanding Range Over the Past 10 Years
Min: 64.44 Med: 72.69 Max: 93.33
Current: 64.44

During the past 5 years, China Post Technology Co's highest Days Sales Outstanding was 93.33. The lowest was 64.44. And the median was 72.69.

SHSE:688648's Days Sales Outstanding is ranked better than
66.28% of 2945 companies
in the Industrial Products industry
Industry Median: 79.81 vs SHSE:688648: 64.44

China Post Technology Co's Days Sales Outstanding increased from Mar. 2023 (119.10) to Mar. 2024 (123.85).

China Post Technology Co Days Sales Outstanding Historical Data

The historical data trend for China Post 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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China Post Technology Co Days Sales Outstanding Chart

China Post Technology Co Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

88.52

93.33

72.69

66.28

66.47

China Post Technology Co Quarterly Data
	Dec19	Dec20	Dec21	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Days Sales Outstanding	Get a 7-Day Free Trial						119.10	43.58	102.26	45.39	123.85

Competitive Comparison of China Post Technology Co's Days Sales Outstanding

For the Specialty Industrial Machinery subindustry, China Post 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.

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

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

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

China Post 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.

China Post 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
=	( (418.415	+	292.504)	/	2 )	/	1951.94	*	365
=	355.4595					/	1951.94	*	365
=	66.47

China Post 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
=	( (292.504	+	273.422)	/	2 )	/	208.488	*	365 / 4
=	282.963					/	208.488	*	365 / 4
=	123.85

China Post Technology Co (SHSE:688648) Days Sales Outstanding Explanation

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

China Post Technology Co Days Sales Outstanding Related Terms

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China Post Technology Co (SHSE:688648) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » China Post Technology Co Ltd (SHSE:688648) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 3185, Zhongshan North Road, Putuo, Shanghai, CHN, 200062

Website

https://www.cpte.com

China Post Technology Co Ltd is engaged in the Research and development, design, production, and sales of intelligent logistics systems, as well as the transformation, design, and sales of intelligent special vehicles.

China Post Technology Co (SHSE:688648) Headlines

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