Wuxi Hodgen Technology Co (SZSE:300279) Days Sales Outstanding : 90.17 (As of Mar. 2024)

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What is Wuxi Hodgen Technology Co Days Sales Outstanding?

Wuxi Hodgen Technology Co's average Accounts Receivable for the three months ended in Mar. 2024 was ¥524 Mil. Wuxi Hodgen Technology Co's Revenue for the three months ended in Mar. 2024 was ¥530 Mil. Hence, Wuxi Hodgen Technology Co's Days Sales Outstanding for the three months ended in Mar. 2024 was 90.17.

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

SZSE:300279' s Days Sales Outstanding Range Over the Past 10 Years
Min: 48.48 Med: 83.83 Max: 122.16
Current: 89.92

During the past 13 years, Wuxi Hodgen Technology Co's highest Days Sales Outstanding was 122.16. The lowest was 48.48. And the median was 83.83.

SZSE:300279's Days Sales Outstanding is ranked worse than
63.33% of 2460 companies
in the Hardware industry
Industry Median: 74.5 vs SZSE:300279: 89.92

Wuxi Hodgen Technology Co's Days Sales Outstanding declined from Mar. 2023 (118.33) to Mar. 2024 (90.17).

Wuxi Hodgen Technology Co Days Sales Outstanding Historical Data

The historical data trend for Wuxi Hodgen 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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Wuxi Hodgen Technology Co Days Sales Outstanding Chart

Wuxi Hodgen Technology Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

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83.00

84.65

80.05

98.05

97.63

Wuxi Hodgen 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															118.33	87.33	87.78	97.39	90.17

Competitive Comparison of Wuxi Hodgen Technology Co's Days Sales Outstanding

For the Electronic Components subindustry, Wuxi Hodgen 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.

Wuxi Hodgen Technology Co's Days Sales Outstanding Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Wuxi Hodgen Technology Co's Days Sales Outstanding distribution charts can be found below:

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

Wuxi Hodgen 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.

Wuxi Hodgen 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
=	( (548.457	+	524.04)	/	2 )	/	2004.742	*	365
=	536.2485					/	2004.742	*	365
=	97.63

Wuxi Hodgen 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
=	( (524.04	+	524.246)	/	2 )	/	530.444	*	365 / 4
=	524.143					/	530.444	*	365 / 4
=	90.17

Wuxi Hodgen Technology Co (SZSE:300279) Days Sales Outstanding Explanation

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

Wuxi Hodgen Technology Co Days Sales Outstanding Related Terms

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Wuxi Hodgen Technology Co (SZSE:300279) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Wuxi Hodgen Technology Co Ltd (SZSE:300279) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 177, Changjiang East Road, Wuxi New District, Jiangsu Province, Wuxi, CHN, 214145

Website

http://www.hodgen-china.com

Wuxi Hodgen Technology Co Ltd is an electrical machinery and equipment manufacturing company. It is organized into four business segments: the Hejingzhi Manufacturing segment is engaged in the research, development, manufacture and sale of white goods and intelligent hardware. The System Integration segment provides information services for various enterprises and institutions in the government, education and other industries. The Interactive Data segment serves the broadcasting and television system, the main source of income is access network equipment and intelligent terminals. The Internet Education segment provides a cloud platform for preschool education.

Executives

Gu Qun	Directors, executives
Xu Hong Bin	Directors, executives
Wang Jin	Executives
Chen Bai Lin	Director
Zhou Wei Li	Supervisors
Wang Da Peng	Executives
Qiu Xiao Bin	Directors, executives
Ying Yan Ping	Supervisors
Zhang Chen Yang	Director

Wuxi Hodgen Technology Co (SZSE:300279) Headlines

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