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Shenzhen Huakong Seg Co (SZSE:000068) Days Sales Outstanding : 169.24 (As of Mar. 2024)


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What is Shenzhen Huakong Seg Co Days Sales Outstanding?

Shenzhen Huakong Seg Co's average Accounts Receivable for the three months ended in Mar. 2024 was ¥303.3 Mil. Shenzhen Huakong Seg Co's Revenue for the three months ended in Mar. 2024 was ¥163.5 Mil. Hence, Shenzhen Huakong Seg Co's Days Sales Outstanding for the three months ended in Mar. 2024 was 169.24.

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

SZSE:000068' s Days Sales Outstanding Range Over the Past 10 Years
Min: 122.56   Med: 179.53   Max: 1056.57
Current: 153.63

During the past 13 years, Shenzhen Huakong Seg Co's highest Days Sales Outstanding was 1056.57. The lowest was 122.56. And the median was 179.53.

SZSE:000068's Days Sales Outstanding is ranked worse than
88.98% of 2459 companies
in the Hardware industry
Industry Median: 74.61 vs SZSE:000068: 153.63

Shenzhen Huakong Seg Co's Days Sales Outstanding declined from Mar. 2023 (435.46) to Mar. 2024 (169.24).


Shenzhen Huakong Seg Co Days Sales Outstanding Historical Data

The historical data trend for Shenzhen Huakong Seg 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.

Shenzhen Huakong Seg Co Days Sales Outstanding Chart

Shenzhen Huakong Seg Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Sales Outstanding
Get a 7-Day Free Trial Premium Member Only Premium Member Only 322.99 290.28 122.56 168.34 161.58

Shenzhen Huakong Seg Co 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 435.46 188.52 161.43 117.75 169.24

Competitive Comparison of Shenzhen Huakong Seg Co's Days Sales Outstanding

For the Electronic Components subindustry, Shenzhen Huakong Seg 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 Huakong Seg Co's Days Sales Outstanding Distribution in the Hardware Industry

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

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



Shenzhen Huakong Seg 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 Huakong Seg 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
=( (554.584 + 260.975) / 2 ) / 921.172*365
=407.7795 / 921.172*365
=161.58

Shenzhen Huakong Seg 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
=( (260.975 + 345.643) / 2 ) / 163.538*365 / 4
=303.309 / 163.538*365 / 4
=169.24

* 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.


Shenzhen Huakong Seg Co  (SZSE:000068) 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 Huakong Seg Co Days Sales Outstanding Related Terms

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Shenzhen Huakong Seg Co (SZSE:000068) Business Description

Traded in Other Exchanges
N/A
Address
Huaqiang North Road, 31st Floor, Block A, Stars Plaza, Futian District, Shenzhen, CHN, 518028
Shenzhen Huakong Seg Co Ltd is engaged in a computer, communications, and other electronic equipment manufacturing.

Shenzhen Huakong Seg Co (SZSE:000068) Headlines

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