GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Gettop Acoustic Co Ltd (SZSE:002655) » Definitions » Days Sales Outstanding

Gettop Acoustic Co (SZSE:002655) Days Sales Outstanding : 150.05 (As of Mar. 2024)


View and export this data going back to 2012. Start your Free Trial

What is Gettop Acoustic Co Days Sales Outstanding?

Gettop Acoustic Co's average Accounts Receivable for the three months ended in Mar. 2024 was ¥426 Mil. Gettop Acoustic Co's Revenue for the three months ended in Mar. 2024 was ¥259 Mil. Hence, Gettop Acoustic Co's Days Sales Outstanding for the three months ended in Mar. 2024 was 150.05.

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

SZSE:002655' s Days Sales Outstanding Range Over the Past 10 Years
Min: 90.65   Med: 100.71   Max: 138.44
Current: 130.43

During the past 13 years, Gettop Acoustic Co's highest Days Sales Outstanding was 138.44. The lowest was 90.65. And the median was 100.71.

SZSE:002655's Days Sales Outstanding is ranked worse than
84.55% of 2460 companies
in the Hardware industry
Industry Median: 74.5 vs SZSE:002655: 130.43

Gettop Acoustic Co's Days Sales Outstanding increased from Mar. 2023 (133.74) to Mar. 2024 (150.05).

Warning Sign:

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


Gettop Acoustic Co Days Sales Outstanding Historical Data

The historical data trend for Gettop Acoustic 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.

Gettop Acoustic Co Days Sales Outstanding Chart

Gettop Acoustic 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 102.57 94.94 112.10 105.03 138.44

Gettop Acoustic 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 133.74 74.26 89.02 911.65 150.05

Competitive Comparison of Gettop Acoustic Co's Days Sales Outstanding

For the Electronic Components subindustry, Gettop Acoustic 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.


Gettop Acoustic Co's Days Sales Outstanding Distribution in the Hardware Industry

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

* The bar in red indicates where Gettop Acoustic Co's Days Sales Outstanding falls into.



Gettop Acoustic 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.

Gettop Acoustic 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
=( (305.097 + 451.65) / 2 ) / 997.6*365
=378.3735 / 997.6*365
=138.44

Gettop Acoustic 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
=( (451.65 + 399.703) / 2 ) / 258.868*365 / 4
=425.6765 / 258.868*365 / 4
=150.05

* 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.


Gettop Acoustic Co  (SZSE:002655) Days Sales Outstanding Explanation

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


Gettop Acoustic Co Days Sales Outstanding Related Terms

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


Gettop Acoustic Co (SZSE:002655) Business Description

Traded in Other Exchanges
N/A
Address
No. 68, Fengshan Road, Fangzi District, Shandong Province, Weifang, CHN
Gettop Acoustic Co Ltd is a manufacturer of electro-acoustic components and assemblies as well as a provider of complete electro-acoustic solutions. The company is mainly focusing on the manufacturing miniature microphone, micro speaker/receiver and module products. These products are widely used in mobile communication devices, portable PC, flat panel TV, personal digital device, car kits, and other consumer electronics. The company has an operational presence across Canada, United States of America, Denmark, Finland, Brazil, Japan, Germany, among others.
Executives
Zhang Diao Zhan Director
Yang Zhi Yong Supervisors
Zhang Lin Lin Director
Wang Pei Sen Supervisors
Yang Jin Jun Director
Yang Xu Guang Supervisors
Zhao Du Ren Director

Gettop Acoustic Co (SZSE:002655) Headlines

No Headlines