ZTE (STU:FZM) Days Sales Outstanding : 60.80 (As of Mar. 2024)

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What is ZTE Days Sales Outstanding?

ZTE's average Accounts Receivable for the three months ended in Mar. 2024 was €2,603 Mil. ZTE's Revenue for the three months ended in Mar. 2024 was €3,906 Mil. Hence, ZTE's Days Sales Outstanding for the three months ended in Mar. 2024 was 60.80.

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

STU:FZM' s Days Sales Outstanding Range Over the Past 10 Years
Min: 52.34 Med: 83.8 Max: 104.27
Current: 52.81

During the past 13 years, ZTE's highest Days Sales Outstanding was 104.27. The lowest was 52.34. And the median was 83.80.

STU:FZM's Days Sales Outstanding is ranked better than
75.3% of 2457 companies
in the Hardware industry
Industry Median: 74.97 vs STU:FZM: 52.81

ZTE's Days Sales Outstanding increased from Mar. 2023 (53.29) to Mar. 2024 (60.80).

ZTE Days Sales Outstanding Historical Data

The historical data trend for ZTE'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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ZTE Days Sales Outstanding Chart

ZTE Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

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83.00

64.91

50.81

53.02

58.07

ZTE Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Days Sales Outstanding	Get a 7-Day Free Trial															53.29	48.88	54.13	49.90	60.80

Competitive Comparison of ZTE's Days Sales Outstanding

For the Communication Equipment subindustry, ZTE'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.

ZTE's Days Sales Outstanding Distribution in the Hardware Industry

For the Hardware industry and Technology sector, ZTE's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where ZTE's Days Sales Outstanding falls into.

ZTE 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.

ZTE'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
=	( (2403.619	+	2674.062)	/	2 )	/	15957.264	*	365
=	2538.8405					/	15957.264	*	365
=	58.07

ZTE'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
=	( (2674.062	+	2531.921)	/	2 )	/	3906.414	*	365 / 4
=	2602.9915					/	3906.414	*	365 / 4
=	60.80

ZTE (STU:FZM) Days Sales Outstanding Explanation

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

ZTE Days Sales Outstanding Related Terms

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ZTE (STU:FZM) Business Description

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GURUFOCUS.COM » STOCK LIST » Technology » Hardware » ZTE Corp (STU:FZM) » Definitions » Days Sales Outstanding

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ZTCOF:USA 00763:Hong Kong 000063:China

Address

ZTE Plaza, Keji Road South, Hi-Tech Industrial Park, Nanshan District, Guangdong Province, Shenzhen, CHN, 518057

Website

https://www.zte.com.cn

ZTE Corp offers a suite of telecommunications and information technology equipment to carriers, businesses, and the public sector. The firm's product portfolio covers wireless networks, core networks, fixed access, terminals, and other telecom verticals. ZTE generates a majority of its revenue from equipment supporting carriers' networks, but also provides handset terminals and telecom software systems. PRC region accounts for a majority of the firm's revenue, but ZTE also has a presence in Asia, Africa, Europe and the Americas.

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