Shenzhen TVT Digital Technology Co (SZSE:002835) Days Sales Outstanding : 103.10 (As of Mar. 2024)

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What is Shenzhen TVT Digital Technology Co Days Sales Outstanding?

Shenzhen TVT Digital Technology Co's average Accounts Receivable for the three months ended in Mar. 2024 was ¥304 Mil. Shenzhen TVT Digital Technology Co's Revenue for the three months ended in Mar. 2024 was ¥269 Mil. Hence, Shenzhen TVT Digital Technology Co's Days Sales Outstanding for the three months ended in Mar. 2024 was 103.10.

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

SZSE:002835' s Days Sales Outstanding Range Over the Past 10 Years
Min: 27.7 Med: 75.36 Max: 112.54
Current: 86.15

During the past 13 years, Shenzhen TVT Digital Technology Co's highest Days Sales Outstanding was 112.54. The lowest was 27.70. And the median was 75.36.

SZSE:002835's Days Sales Outstanding is ranked worse than
76.49% of 1042 companies
in the Business Services industry
Industry Median: 58.68 vs SZSE:002835: 86.15

Shenzhen TVT Digital Technology Co's Days Sales Outstanding declined from Mar. 2023 (127.23) to Mar. 2024 (103.10).

Shenzhen TVT Digital Technology Co Days Sales Outstanding Historical Data

The historical data trend for Shenzhen TVT Digital Technology 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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Shenzhen TVT Digital Technology Co Days Sales Outstanding Chart

Shenzhen TVT Digital Technology Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

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85.80

76.23

85.95

112.54

102.60

Shenzhen TVT Digital Technology 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															127.23	87.33	81.95	72.68	103.10

Competitive Comparison of Shenzhen TVT Digital Technology Co's Days Sales Outstanding

For the Security & Protection Services subindustry, Shenzhen TVT Digital Technology 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 TVT Digital Technology Co's Days Sales Outstanding Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Shenzhen TVT Digital Technology Co's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where Shenzhen TVT Digital Technology Co's Days Sales Outstanding falls into.

Shenzhen TVT Digital Technology 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 TVT Digital Technology 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
=	( (311.993	+	298.234)	/	2 )	/	1085.423	*	365
=	305.1135					/	1085.423	*	365
=	102.60

Shenzhen TVT Digital Technology 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
=	( (298.234	+	309.479)	/	2 )	/	268.927	*	365 / 4
=	303.8565					/	268.927	*	365 / 4
=	103.10

Shenzhen TVT Digital Technology Co (SZSE:002835) 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 TVT Digital Technology Co Days Sales Outstanding Related Terms

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Shenzhen TVT Digital Technology Co (SZSE:002835) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Shenzhen TVT Digital Technology Co Ltd (SZSE:002835) » Definitions » Days Sales Outstanding

Traded in Other Exchanges

N/A

Address

Yuehai Street, Shenzhen Bay Science and Technology Park, 23rd Floor, Block B4, Building 9, Nanshan District, Guangdong, Shenzhen, CHN, 518057

Website

http://www.tvt.net.cn

Shenzhen TVT Digital Technology Co Ltd is a China-based company principally engaged in the research, development, manufacture and distribution of security video surveillance products. The company provides a range of HD analog, IP, and speed dome cameras; NVR products; hybrid DVR products; network storage server integrated platform, software decoders, and HD video encoders; and keyboard camera accessories. It also offers software solutions for CMS and mobile applications. The company serves schools, hospitals, commercial complexes, and industrial parks, as well as transportation, finance, and real estate industries.

Executives

Wang Lan Bo	Supervisors
Liu Di	Directors, executives
Liang Xue Jun	Executives
Liu Jie	Directors, executives
Yang Han Peng	Directors, executives
Peng Xue Wu	Independent director
Gu Ning	Securities Affairs Representative

Shenzhen TVT Digital Technology Co (SZSE:002835) Headlines

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