Acrel Co (SZSE:300286) Days Sales Outstanding : 67.42 (As of Mar. 2024)

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What is Acrel Co Days Sales Outstanding?

Acrel Co's average Accounts Receivable for the three months ended in Mar. 2024 was ¥179 Mil. Acrel Co's Revenue for the three months ended in Mar. 2024 was ¥242 Mil. Hence, Acrel Co's Days Sales Outstanding for the three months ended in Mar. 2024 was 67.42.

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

SZSE:300286' s Days Sales Outstanding Range Over the Past 10 Years
Min: 29.88 Med: 51.19 Max: 64.85
Current: 59.19

During the past 13 years, Acrel Co's highest Days Sales Outstanding was 64.85. The lowest was 29.88. And the median was 51.19.

SZSE:300286's Days Sales Outstanding is ranked better than
72.71% of 2942 companies
in the Industrial Products industry
Industry Median: 79.805 vs SZSE:300286: 59.19

Acrel Co's Days Sales Outstanding increased from Mar. 2023 (62.48) to Mar. 2024 (67.42).

Acrel Co Days Sales Outstanding Historical Data

The historical data trend for Acrel 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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Acrel Co Days Sales Outstanding Chart

Acrel Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

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52.15

50.22

40.97

48.33

52.46

Acrel 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															62.48	50.85	53.86	72.09	67.42

Competitive Comparison of Acrel Co's Days Sales Outstanding

For the Electrical Equipment & Parts subindustry, Acrel 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.

Acrel Co's Days Sales Outstanding Distribution in the Industrial Products Industry

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

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

Acrel 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.

Acrel 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
=	( (151.615	+	170.965)	/	2 )	/	1122.153	*	365
=	161.29					/	1122.153	*	365
=	52.46

Acrel 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
=	( (170.965	+	186.395)	/	2 )	/	241.851	*	365 / 4
=	178.68					/	241.851	*	365 / 4
=	67.42

Acrel Co (SZSE:300286) Days Sales Outstanding Explanation

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

Acrel Co Days Sales Outstanding Related Terms

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Acrel Co (SZSE:300286) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Acrel Co Ltd (SZSE:300286) » Definitions » Days Sales Outstanding

Traded in Other Exchanges

N/A

Address

No. 253 Yulv Road, Jiading District, Shanghai, CHN, 201801

Website

http://www.acrel.cn

Acrel Co Ltd is engaged as an integrator for providing users with power data services. The products of the company include power monitoring systems and products, power management systems and products, electrical safety systems and production, and power sensor.

Executives

Zhu Fang	Directors, executives
Luo Ye Lan	Directors, Directors, and Executives
Fang Yan	Executives
Zong Shou Song	Directors, executives
Shi Wei	Securities Affairs Representative
Zhou Zhong	Directors, executives
Jiang Long	Executives
Tang Jian Jun	Supervisors
Wu Jian Ming	Supervisors
Liu Shou Bao	Supervisors

Acrel Co (SZSE:300286) Headlines

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