Changgao Electric Group Co (SZSE:002452) Days Sales Outstanding : 199.77 (As of Sep. 2024)

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What is Changgao Electric Group Co Days Sales Outstanding?

Changgao Electric Group Co's average Accounts Receivable for the three months ended in Sep. 2024 was ¥881 Mil. Changgao Electric Group Co's Revenue for the three months ended in Sep. 2024 was ¥402 Mil. Hence, Changgao Electric Group Co's Days Sales Outstanding for the three months ended in Sep. 2024 was 199.77.

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

SZSE:002452' s Days Sales Outstanding Range Over the Past 10 Years
Min: 122.82 Med: 210.57 Max: 276.32
Current: 205.58

During the past 13 years, Changgao Electric Group Co's highest Days Sales Outstanding was 276.32. The lowest was 122.82. And the median was 210.57.

SZSE:002452's Days Sales Outstanding is ranked worse than
91.89% of 2970 companies
in the Industrial Products industry
Industry Median: 80.9 vs SZSE:002452: 205.58

Changgao Electric Group Co's Days Sales Outstanding declined from Sep. 2023 (217.65) to Sep. 2024 (199.77).

Changgao Electric Group Co Days Sales Outstanding Historical Data

The historical data trend for Changgao Electric 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.

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Changgao Electric Group Co Days Sales Outstanding Chart

Changgao Electric Group Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

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215.56

193.94

215.04

276.32

224.45

Changgao Electric Group Co Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Days Sales Outstanding	Get a 7-Day Free Trial															217.65	195.91	301.19	167.61	199.77

Competitive Comparison of Changgao Electric Group Co's Days Sales Outstanding

For the Specialty Industrial Machinery subindustry, Changgao Electric 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.

Changgao Electric Group Co's Days Sales Outstanding Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Changgao Electric Group Co's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where Changgao Electric Group Co's Days Sales Outstanding falls into.

Changgao Electric 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.

Changgao Electric Group 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
=	( (951.803	+	884.867)	/	2 )	/	1493.383	*	365
=	918.335					/	1493.383	*	365
=	224.45

Changgao Electric Group Co's Days Sales Outstanding for the quarter that ended in Sep. 2024 is calculated as:

	Days Sales Outstanding (Q: Sep. 2024 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Jun. 2024 )	+	Accounts Receivable (A: Sep. 2024 ))	/	count )	/	Revenue (A: Sep. 2024 )	*	Days in Period
=	( (955.465	+	806.789)	/	2 )	/	402.474	*	365 / 4
=	881.127					/	402.474	*	365 / 4
=	199.77

Changgao Electric Group Co (SZSE:002452) Days Sales Outstanding Explanation

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

Changgao Electric Group Co Days Sales Outstanding Related Terms

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Changgao Electric Group Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Changgao Electric Group Co Ltd (SZSE:002452) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

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Address

No. 393, Section 3, Wangcheng Economic and Technological Development Zone, Changsha, CHN, 410219

Website

http://www.gykg.cn

Changgao Electric Group Co Ltd is engaged in power equipment manufacturing, engineering services, new energy vehicle operation, and power trading operations. The products of the company include gas insulated metal enclosed switchgear, tank circuit breaker, and combined substation.

Executives

Ma Xiao Wu	Director
Lin Lin	Directors, Directors, and Executives
Gao Zhen An	Supervisors
Chen Zhi Gang	Supervisors
Ma Xiao	Directors, executives
Liu Jia Yu	Director
Liu Yun Qiang	Executives
Tang Jian She	Directors, executives
Peng Qiang	Directors, executives
Liu An Xi	Director
Wen Wei	Supervisors
Xiao Shi Wei	Executives
Lin Shen	Independent director
Peng Lin	Securities Affairs Representative
Liao Jun De	Directors, executives

Changgao Electric Group Co Headlines

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