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New Sea Union Technology Group Co (SZSE:002089) Days Sales Outstanding : 574.00 (As of Sep. 2023)


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What is New Sea Union Technology Group Co Days Sales Outstanding?

New Sea Union Technology Group Co's average Accounts Receivable for the three months ended in Sep. 2023 was ¥79.4 Mil. New Sea Union Technology Group Co's Revenue for the three months ended in Sep. 2023 was ¥12.6 Mil. Hence, New Sea Union Technology Group Co's Days Sales Outstanding for the three months ended in Sep. 2023 was 574.00.

The historical rank and industry rank for New Sea Union Technology Group Co's Days Sales Outstanding or its related term are showing as below:

SZSE:002089' s Days Sales Outstanding Range Over the Past 10 Years
Min: 117.4   Med: 186.49   Max: 321.88
Current: 321.88

During the past 13 years, New Sea Union Technology Group Co's highest Days Sales Outstanding was 321.88. The lowest was 117.40. And the median was 186.49.

SZSE:002089's Days Sales Outstanding is ranked worse than
97.15% of 2459 companies
in the Hardware industry
Industry Median: 74.1 vs SZSE:002089: 321.88

New Sea Union Technology Group Co's Days Sales Outstanding increased from Sep. 2022 (210.29) to Sep. 2023 (574.00).

Warning Sign:

If a company's sales outstanding increases, it means it has difficulty collecting payments from its customers.


New Sea Union Technology Group Co Days Sales Outstanding Historical Data

The historical data trend for New Sea Union Technology 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.

* Premium members only.

New Sea Union Technology Group Co Days Sales Outstanding Chart

New Sea Union Technology Group Co Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Days Sales Outstanding
Get a 7-Day Free Trial Premium Member Only Premium Member Only 190.26 294.16 220.73 163.34 221.27

New Sea Union Technology Group Co Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
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 210.29 291.04 242.40 376.13 574.00

Competitive Comparison of New Sea Union Technology Group Co's Days Sales Outstanding

For the Communication Equipment subindustry, New Sea Union Technology 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.


New Sea Union Technology Group Co's Days Sales Outstanding Distribution in the Hardware Industry

For the Hardware industry and Technology sector, New Sea Union Technology Group Co's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where New Sea Union Technology Group Co's Days Sales Outstanding falls into.



New Sea Union Technology 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.

New Sea Union Technology Group Co's Days Sales Outstanding for the fiscal year that ended in Dec. 2022 is calculated as

Days Sales Outstanding (A: Dec. 2022 )
=Average Accounts Receivable /Revenue*Days in Period
=( (Accounts Receivable (A: Dec. 2021 ) + Accounts Receivable (A: Dec. 2022 )) / count ) / Revenue (A: Dec. 2022 )*Days in Period
=( (119.203 + 93.901) / 2 ) / 175.768*365
=106.552 / 175.768*365
=221.27

New Sea Union Technology Group Co's Days Sales Outstanding for the quarter that ended in Sep. 2023 is calculated as:

Days Sales Outstanding (Q: Sep. 2023 )
=Average Accounts Receivable /Revenue*Days in Period
=( (Accounts Receivable (A: Jun. 2023 ) + Accounts Receivable (A: Sep. 2023 )) / count ) / Revenue (A: Sep. 2023 )*Days in Period
=( (90.705 + 68.141) / 2 ) / 12.626*365 / 4
=79.423 / 12.626*365 / 4
=574.00

* 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.


New Sea Union Technology Group Co  (SZSE:002089) Days Sales Outstanding Explanation

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


New Sea Union Technology Group Co Days Sales Outstanding Related Terms

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New Sea Union Technology Group Co (SZSE:002089) Business Description

Traded in Other Exchanges
N/A
Address
No. 168 Jingmao Road, Suzhou Industrial Park, Suzhou, CHN, 215021
New Sea Union Technology Group Co Ltd is mainly engaged in the development and sale of communications network equipment in China. The company offers 4G Communication Products, FTTx Telecommunication Series and Software and Services among others.
Executives
Ma Ling Zhi Director
Ye Jian Biao Directors, executives
Zhang Yi Bin Directors, executives
Ma Chong Lei Director
Xu Lei Directors, Directors, and Executives
Lan Hong Bing Director
Mao Zhen Fu Director
Ma Chong Ji Director
Zhang Xiao Gang Supervisors
Li Liang Yu Securities Affairs Representative
Chen Gui Fen Supervisors
Ying Xiao Ming Supervisors
Ge Feng Director
Xu Sheng Bo Directors, executives
Qian Ye Yin Executives

New Sea Union Technology Group Co (SZSE:002089) Headlines

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