Funeng Oriental Equipment Technology Co (SZSE:300173) Days Sales Outstanding : 217.46 (As of Mar. 2024)

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What is Funeng Oriental Equipment Technology Co Days Sales Outstanding?

Funeng Oriental Equipment Technology Co's average Accounts Receivable for the three months ended in Mar. 2024 was ¥474 Mil. Funeng Oriental Equipment Technology Co's Revenue for the three months ended in Mar. 2024 was ¥199 Mil. Hence, Funeng Oriental Equipment Technology Co's Days Sales Outstanding for the three months ended in Mar. 2024 was 217.46.

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

SZSE:300173' s Days Sales Outstanding Range Over the Past 10 Years
Min: 75.31 Med: 216.17 Max: 696.71
Current: 79.04

During the past 13 years, Funeng Oriental Equipment Technology Co's highest Days Sales Outstanding was 696.71. The lowest was 75.31. And the median was 216.17.

SZSE:300173's Days Sales Outstanding is ranked better than
50.73% of 2951 companies
in the Industrial Products industry
Industry Median: 79.82 vs SZSE:300173: 79.04

Funeng Oriental Equipment Technology Co's Days Sales Outstanding increased from Mar. 2023 (48.93) to Mar. 2024 (217.46).

Funeng Oriental Equipment Technology Co Days Sales Outstanding Historical Data

The historical data trend for Funeng Oriental Equipment 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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Funeng Oriental Equipment Technology Co Days Sales Outstanding Chart

Funeng Oriental Equipment Technology Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

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696.71

232.61

109.17

75.31

78.61

Funeng Oriental Equipment 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															48.93	34.75	62.55	70.82	217.46

Competitive Comparison of Funeng Oriental Equipment Technology Co's Days Sales Outstanding

For the Specialty Industrial Machinery subindustry, Funeng Oriental Equipment 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.

Funeng Oriental Equipment Technology Co's Days Sales Outstanding Distribution in the Industrial Products Industry

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

* The bar in red indicates where Funeng Oriental Equipment Technology Co's Days Sales Outstanding falls into.

Funeng Oriental Equipment 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.

Funeng Oriental Equipment 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
=	( (177.729	+	467.575)	/	2 )	/	1498.14	*	365
=	322.652					/	1498.14	*	365
=	78.61

Funeng Oriental Equipment 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
=	( (467.575	+	480.02)	/	2 )	/	198.815	*	365 / 4
=	473.7975					/	198.815	*	365 / 4
=	217.46

Funeng Oriental Equipment Technology Co (SZSE:300173) Days Sales Outstanding Explanation

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

Funeng Oriental Equipment Technology Co Days Sales Outstanding Related Terms

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Funeng Oriental Equipment Technology Co (SZSE:300173) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Funeng Oriental Equipment Technology Co Ltd (SZSE:300173) » Definitions » Days Sales Outstanding

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Traded in Other Exchanges

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Address

Jihua 6th Road, Zumiao Street, Chancheng District, 3301-3310, Building 5, Greenland Center, No. 17, Guangdong Province, Foshan, CHN, 528010

Website

http://www.songde.com.cn

Funeng Oriental Equipment Technology Co Ltd, formerly Sotech Smarter Equipment Co Ltd is engaged in manufacturing printing and converting machinery in China. It provides a variety of equipment for the customization requirements of various industries. Its products include rotogravure and flexographic printing machines, extrusion machines, slitting rewinders, coating machines, extrusion coaters and laminating machines.

Executives

He Zhi Pan	Director
Guo Jing Song	Directors, executives
Liu Yao Yuan	Supervisors
Lei Wan Chun	Directors, executives
Zhang Xiao Ling	Director
Zhang Xing Bin	Director
Liu Shuo	Executives
Yu Xiao Lan	Supervisors
Guo Xiao Chun	Supervisors
Tang Xian Shi	Director
Qin Bo	Director
Liu Guo Qin	Supervisors
Huang Yan Ling	Executives
Li Yong Cheng	Executives

Funeng Oriental Equipment Technology Co (SZSE:300173) Headlines

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