Fujian Star-Net Communication Co (SZSE:002396) Days Sales Outstanding : 70.38 (As of Mar. 2024)

View and export this data going back to 2010. Start your Free Trial

What is Fujian Star-Net Communication Co Days Sales Outstanding?

Fujian Star-Net Communication Co's average Accounts Receivable for the three months ended in Mar. 2024 was ¥2,421 Mil. Fujian Star-Net Communication Co's Revenue for the three months ended in Mar. 2024 was ¥3,139 Mil. Hence, Fujian Star-Net Communication Co's Days Sales Outstanding for the three months ended in Mar. 2024 was 70.38.

The historical rank and industry rank for Fujian Star-Net Communication Co's Days Sales Outstanding or its related term are showing as below:

SZSE:002396' s Days Sales Outstanding Range Over the Past 10 Years
Min: 39.89 Med: 62.62 Max: 79.85
Current: 56.75

During the past 13 years, Fujian Star-Net Communication Co's highest Days Sales Outstanding was 79.85. The lowest was 39.89. And the median was 62.62.

SZSE:002396's Days Sales Outstanding is ranked better than
70.57% of 2460 companies
in the Hardware industry
Industry Median: 74.04 vs SZSE:002396: 56.75

Fujian Star-Net Communication Co's Days Sales Outstanding increased from Mar. 2023 (52.90) to Mar. 2024 (70.38).

Fujian Star-Net Communication Co Days Sales Outstanding Historical Data

The historical data trend for Fujian Star-Net Communication 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.

Fujian Star-Net Communication Co Days Sales Outstanding Chart

Fujian Star-Net Communication Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

Get a 7-Day Free Trial

70.19

62.29

46.39

39.89

46.22

Fujian Star-Net Communication 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															52.90	61.22	57.58	45.59	70.38

Competitive Comparison of Fujian Star-Net Communication Co's Days Sales Outstanding

For the Communication Equipment subindustry, Fujian Star-Net Communication 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.

Fujian Star-Net Communication Co's Days Sales Outstanding Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Fujian Star-Net Communication Co's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where Fujian Star-Net Communication Co's Days Sales Outstanding falls into.

Fujian Star-Net Communication 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.

Fujian Star-Net Communication 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
=	( (1682.182	+	2347.035)	/	2 )	/	15907.68	*	365
=	2014.6085					/	15907.68	*	365
=	46.22

Fujian Star-Net Communication 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
=	( (2347.035	+	2495.152)	/	2 )	/	3139.014	*	365 / 4
=	2421.0935					/	3139.014	*	365 / 4
=	70.38

Fujian Star-Net Communication Co (SZSE:002396) Days Sales Outstanding Explanation

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

Fujian Star-Net Communication Co Days Sales Outstanding Related Terms

Thank you for viewing the detailed overview of Fujian Star-Net Communication Co's Days Sales Outstanding provided by GuruFocus.com. Please click on the following links to see related term pages.

Fujian Star-Net Communication Co (SZSE:002396) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Fujian Star-Net Communication Co Ltd (SZSE:002396) » Definitions » Days Sales Outstanding

Traded in Other Exchanges

N/A

Address

No. 618 Jinshan Avenue, Building 19-22, Ruijie Science and Technology Park, Juyuanzhou Star Network, Cangshan District, Fujian, Fuzhou City, CHN, 350002

Website

http://www.star-net.cn

Fujian Star-Net Communication Co Ltd is a China-based company operates in the terminals and video application systems. It serves in the fields of network communication, switches, cloud computing, payment terminals, desktop clouds, wireless and broadband access, and video information applications. The company serves approximately 100 countries worldwide. Its product portfolio includes smart network, smart cloud, and smart finance.

Executives

Liu Zhong Dong	Executives

Zheng Hong	Executives
Tian Zhong Min	Supervisors
Huang Song En	Director
Wei Shu Song	Director
Huang Yi Hao	Director

Fujian Star-Net Communication Co (SZSE:002396) Headlines

No Headlines