China Leadshine Technology Co (SZSE:002979) Days Sales Outstanding : 128.73 (As of Mar. 2024)

View and export this data going back to 2020. Start your Free Trial

What is China Leadshine Technology Co Days Sales Outstanding?

China Leadshine Technology Co's average Accounts Receivable for the three months ended in Mar. 2024 was ¥538 Mil. China Leadshine Technology Co's Revenue for the three months ended in Mar. 2024 was ¥381 Mil. Hence, China Leadshine Technology Co's Days Sales Outstanding for the three months ended in Mar. 2024 was 128.73.

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

SZSE:002979' s Days Sales Outstanding Range Over the Past 10 Years
Min: 65.79 Med: 75.45 Max: 129.04
Current: 129.04

During the past 12 years, China Leadshine Technology Co's highest Days Sales Outstanding was 129.04. The lowest was 65.79. And the median was 75.45.

SZSE:002979's Days Sales Outstanding is ranked worse than
79.22% of 2960 companies
in the Industrial Products industry
Industry Median: 79.615 vs SZSE:002979: 129.04

China Leadshine Technology Co's Days Sales Outstanding declined from Mar. 2023 (142.99) to Mar. 2024 (128.73).

China Leadshine Technology Co Days Sales Outstanding Historical Data

The historical data trend for China Leadshine 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.

* Premium members only.

China Leadshine Technology Co Days Sales Outstanding Chart

China Leadshine Technology Co Annual Data

Trend

Dec13

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

Get a 7-Day Free Trial

85.17

75.74

77.71

107.07

128.73

China Leadshine 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															142.99	121.08	139.66	126.03	128.73

Competitive Comparison of China Leadshine Technology Co's Days Sales Outstanding

For the Electrical Equipment & Parts subindustry, China Leadshine 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.

China Leadshine Technology Co's Days Sales Outstanding Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, China Leadshine Technology Co's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where China Leadshine Technology Co's Days Sales Outstanding falls into.

China Leadshine 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.

China Leadshine 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
=	( (486.178	+	512.214)	/	2 )	/	1415.368	*	365
=	499.196					/	1415.368	*	365
=	128.73

China Leadshine 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
=	( (512.214	+	564.192)	/	2 )	/	381.495	*	365 / 4
=	538.203					/	381.495	*	365 / 4
=	128.73

China Leadshine Technology Co (SZSE:002979) Days Sales Outstanding Explanation

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

China Leadshine Technology Co Days Sales Outstanding Related Terms

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

China Leadshine Technology Co (SZSE:002979) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » China Leadshine Technology Co Ltd (SZSE:002979) » Definitions » Days Sales Outstanding

Traded in Other Exchanges

N/A

Address

1001 Xueyuan Avenue, Taoyuan Street, 9-11 Floor, Building A3, Nanshan Zhiyuan, Nanshan District, Guangdong, Shenzhen, CHN, 518052

Website

http://www.leisai.com

China Leadshine Technology Co Ltd is engaged in production, sales, research and development of motion control core components controllers, drivers, motors, and research and development of application systems in related industries. The company's product portfolio includes Bus driver, Digital stepper motor and driver, Closed-Loop Stepper Motors and Drivers, Hybrid servo system, Low voltage servo system, High-voltage AC servo system, Integrated motor, Accessories, and Motion Control Products.

China Leadshine Technology Co (SZSE:002979) Headlines

No Headlines