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TRS Information Technology Co (SZSE:300229) Days Sales Outstanding : 136.78 (As of Mar. 2024)


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What is TRS Information Technology Co Days Sales Outstanding?

TRS Information Technology Co's average Accounts Receivable for the three months ended in Mar. 2024 was ¥267.2 Mil. TRS Information Technology Co's Revenue for the three months ended in Mar. 2024 was ¥178.2 Mil. Hence, TRS Information Technology Co's Days Sales Outstanding for the three months ended in Mar. 2024 was 136.78.

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

SZSE:300229' s Days Sales Outstanding Range Over the Past 10 Years
Min: 94.22   Med: 188.39   Max: 301.29
Current: 134.67

During the past 13 years, TRS Information Technology Co's highest Days Sales Outstanding was 301.29. The lowest was 94.22. And the median was 188.39.

SZSE:300229's Days Sales Outstanding is ranked worse than
84.1% of 2724 companies
in the Software industry
Industry Median: 61.8 vs SZSE:300229: 134.67

TRS Information Technology Co's Days Sales Outstanding increased from Mar. 2023 (122.03) to Mar. 2024 (136.78).


TRS Information Technology Co Days Sales Outstanding Historical Data

The historical data trend for TRS Information 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.

TRS Information Technology Co Days Sales Outstanding Chart

TRS Information Technology Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Sales Outstanding
Get a 7-Day Free Trial Premium Member Only Premium Member Only 178.21 94.22 107.86 114.18 127.68

TRS Information 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 122.03 112.82 162.00 137.69 136.78

Competitive Comparison of TRS Information Technology Co's Days Sales Outstanding

For the Software - Application subindustry, TRS Information 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.


TRS Information Technology Co's Days Sales Outstanding Distribution in the Software Industry

For the Software industry and Technology sector, TRS Information Technology Co's Days Sales Outstanding distribution charts can be found below:

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



TRS Information 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.

TRS Information 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
=( (272.472 + 274.397) / 2 ) / 781.678*365
=273.4345 / 781.678*365
=127.68

TRS Information 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
=( (274.397 + 259.975) / 2 ) / 178.244*365 / 4
=267.186 / 178.244*365 / 4
=136.78

* 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.


TRS Information Technology Co  (SZSE:300229) Days Sales Outstanding Explanation

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


TRS Information Technology Co Days Sales Outstanding Related Terms

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TRS Information Technology Co (SZSE:300229) Business Description

Traded in Other Exchanges
N/A
Address
Datun Road, 16th Floor, Block B, West Tower, Chaoyang District, Beijing, CHN, 100101
TRS Information Technology Co Ltd is a provider of artificial intelligence and big data technology and data services in China. The core business of a company includes software product development, industry application solutions and data analysis and mining cloud services, covering big data management, information security, Internet marketing and artificial intelligence.
Executives
He Dong Jiong Secretary Dong
Cao Hui Executives
Ma Xin Long Executives
Xiao Shi Bin Executives
Li Lin Executives
Rong Shi Director
Ling Hu Yong Xing Executives
Yu Fang Hong Independent director
Liu Rui Bao Executives
Li Yu Qin Director
Shi Shui Cai Directors, executives
Wang Han Po Independent director
Fu Jing Securities Affairs Representative
Lin Chun Yu Executives

TRS Information Technology Co (SZSE:300229) Headlines

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