Guangdong Tecsun Science & Technology Co (SZSE:002908) Days Sales Outstanding : 334.31 (As of Mar. 2024)

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What is Guangdong Tecsun Science & Technology Co Days Sales Outstanding?

Guangdong Tecsun Science & Technology Co's average Accounts Receivable for the three months ended in Mar. 2024 was ¥555.6 Mil. Guangdong Tecsun Science & Technology Co's Revenue for the three months ended in Mar. 2024 was ¥151.6 Mil. Hence, Guangdong Tecsun Science & Technology Co's Days Sales Outstanding for the three months ended in Mar. 2024 was 334.31.

The historical rank and industry rank for Guangdong Tecsun Science & Technology Co's Days Sales Outstanding or its related term are showing as below:

SZSE:002908' s Days Sales Outstanding Range Over the Past 10 Years
Min: 99.77 Med: 205.09 Max: 286.71
Current: 286.71

During the past 11 years, Guangdong Tecsun Science & Technology Co's highest Days Sales Outstanding was 286.71. The lowest was 99.77. And the median was 205.09.

SZSE:002908's Days Sales Outstanding is ranked worse than
94.24% of 2725 companies
in the Software industry
Industry Median: 61.89 vs SZSE:002908: 286.71

Guangdong Tecsun Science & Technology Co's Days Sales Outstanding increased from Mar. 2023 (320.45) to Mar. 2024 (334.31).

Guangdong Tecsun Science & Technology Co Days Sales Outstanding Historical Data

The historical data trend for Guangdong Tecsun Science & 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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Guangdong Tecsun Science & Technology Co Days Sales Outstanding Chart

Guangdong Tecsun Science & Technology Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

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214.05

212.98

217.64

223.84

240.90

Guangdong Tecsun Science & 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															320.45	285.82	421.17	201.29	334.31

Competitive Comparison of Guangdong Tecsun Science & Technology Co's Days Sales Outstanding

For the Software - Application subindustry, Guangdong Tecsun Science & 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.

Guangdong Tecsun Science & Technology Co's Days Sales Outstanding Distribution in the Software Industry

For the Software industry and Technology sector, Guangdong Tecsun Science & Technology Co's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where Guangdong Tecsun Science & Technology Co's Days Sales Outstanding falls into.

Guangdong Tecsun Science & 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.

Guangdong Tecsun Science & 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
=	( (580.092	+	532.07)	/	2 )	/	842.541	*	365
=	556.081					/	842.541	*	365
=	240.90

Guangdong Tecsun Science & 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
=	( (532.07	+	579.084)	/	2 )	/	151.643	*	365 / 4
=	555.577					/	151.643	*	365 / 4
=	334.31

Guangdong Tecsun Science & Technology Co (SZSE:002908) Days Sales Outstanding Explanation

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

Guangdong Tecsun Science & Technology Co Days Sales Outstanding Related Terms

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Guangdong Tecsun Science & Technology Co (SZSE:002908) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Guangdong Tecsun Science & Technology Co Ltd (SZSE:002908) » Definitions » Days Sales Outstanding

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Traded in Other Exchanges

N/A

Address

15 Ruan Jian Lu, 2nd Floor, Room 201, Tianhe Qu, Guangdong Sheng, Guangzhou, CHN, 510663

Website

http://www.e-tecsun.com

Guangdong Tecsun Science & Technology Co Ltd is a China-based company engages in the production and sale of social security cards and related service. The company's main products include financial social security cards and service terminal products. The company provides its products and services for the human resources and social security departments, social security card users and third-party institutions.

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