Shenzhen Changhong Technology Co (SZSE:300151) Days Sales Outstanding : 79.40 (As of Sep. 2024)

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What is Shenzhen Changhong Technology Co Days Sales Outstanding?

Shenzhen Changhong Technology Co's average Accounts Receivable for the three months ended in Sep. 2024 was ¥260.0 Mil. Shenzhen Changhong Technology Co's Revenue for the three months ended in Sep. 2024 was ¥298.8 Mil. Hence, Shenzhen Changhong Technology Co's Days Sales Outstanding for the three months ended in Sep. 2024 was 79.40.

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

SZSE:300151' s Days Sales Outstanding Range Over the Past 10 Years
Min: 56.81 Med: 79.35 Max: 100.28
Current: 89.98

During the past 13 years, Shenzhen Changhong Technology Co's highest Days Sales Outstanding was 100.28. The lowest was 56.81. And the median was 79.35.

SZSE:300151's Days Sales Outstanding is ranked worse than
78.61% of 1276 companies
in the Vehicles & Parts industry
Industry Median: 60.395 vs SZSE:300151: 89.98

Shenzhen Changhong Technology Co's Days Sales Outstanding declined from Sep. 2023 (103.54) to Sep. 2024 (79.40).

Shenzhen Changhong Technology Co Days Sales Outstanding Historical Data

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

Shenzhen Changhong Technology Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

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81.64

56.81

72.41

80.63

100.28

Shenzhen Changhong Technology 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															103.54	112.18	83.03	84.20	79.40

Competitive Comparison of Shenzhen Changhong Technology Co's Days Sales Outstanding

For the Auto Parts subindustry, Shenzhen Changhong 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 Changhong Technology Co's Days Sales Outstanding Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Shenzhen Changhong Technology Co's Days Sales Outstanding distribution charts can be found below:

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

Shenzhen Changhong 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 Changhong 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
=	( (295.3	+	216.396)	/	2 )	/	931.271	*	365
=	255.848					/	931.271	*	365
=	100.28

Shenzhen Changhong Technology 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
=	( (252.91	+	267.15)	/	2 )	/	298.826	*	365 / 4
=	260.03					/	298.826	*	365 / 4
=	79.40

Shenzhen Changhong Technology Co (SZSE:300151) 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 Changhong Technology Co Days Sales Outstanding Related Terms

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Shenzhen Changhong Technology Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Shenzhen Changhong Technology Co Ltd (SZSE:300151) » Definitions » Days Sales Outstanding

Traded in Other Exchanges

N/A

Address

No 3 Jinlong Avenue, Pingshan Town, Longgang District, Shenzhen, CHN

Website

http://www.sz-changhong.com

Shenzhen Changhong Technology Co Ltd is a China-based company engaged in the manufacture and injection of plastic molds and components assembling. Its products include high-precision molds, plastic parts, medical parts and consumables, and stamping dies.

Executives

Li Huan Chang	Directors, executives
Yu Han Chang	Supervisors
Xu Yan Ping	Directors, executives
Zhou Guo Quan	Executives
Zhao A Rong	Supervisors
Hua Shou Fu	Directors, executives
Liu Jun	Secretary Dong
Zhang Tai	Supervisors
Guan Feng Xing	Supervisors
Tan Long Quan	Directors, executives

Shenzhen Changhong Technology Co Headlines

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