Huizhong Instrumentation Co (SZSE:300371) Days Sales Outstanding : 536.94 (As of Mar. 2024)

View and export this data going back to 2014. Start your Free Trial

What is Huizhong Instrumentation Co Days Sales Outstanding?

Huizhong Instrumentation Co's average Accounts Receivable for the three months ended in Mar. 2024 was ¥293.8 Mil. Huizhong Instrumentation Co's Revenue for the three months ended in Mar. 2024 was ¥49.9 Mil. Hence, Huizhong Instrumentation Co's Days Sales Outstanding for the three months ended in Mar. 2024 was 536.94.

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

SZSE:300371' s Days Sales Outstanding Range Over the Past 10 Years
Min: 99.39 Med: 133.9 Max: 208.69
Current: 208.69

During the past 13 years, Huizhong Instrumentation Co's highest Days Sales Outstanding was 208.69. The lowest was 99.39. And the median was 133.90.

SZSE:300371's Days Sales Outstanding is ranked worse than
93.82% of 2460 companies
in the Hardware industry
Industry Median: 74.04 vs SZSE:300371: 208.69

Huizhong Instrumentation Co's Days Sales Outstanding increased from Mar. 2023 (297.19) to Mar. 2024 (536.94).

Huizhong Instrumentation Co Days Sales Outstanding Historical Data

The historical data trend for Huizhong Instrumentation 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.

Huizhong Instrumentation Co Days Sales Outstanding Chart

Huizhong Instrumentation Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

Get a 7-Day Free Trial

129.85

129.71

150.41

176.56

192.45

Huizhong Instrumentation 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															297.19	175.80	193.01	155.17	536.94

Competitive Comparison of Huizhong Instrumentation Co's Days Sales Outstanding

For the Scientific & Technical Instruments subindustry, Huizhong Instrumentation 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.

Huizhong Instrumentation Co's Days Sales Outstanding Distribution in the Hardware Industry

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

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

Huizhong Instrumentation 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.

Huizhong Instrumentation 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
=	( (226.706	+	296.043)	/	2 )	/	495.725	*	365
=	261.3745					/	495.725	*	365
=	192.45

Huizhong Instrumentation 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
=	( (296.043	+	291.504)	/	2 )	/	49.925	*	365 / 4
=	293.7735					/	49.925	*	365 / 4
=	536.94

Huizhong Instrumentation Co (SZSE:300371) Days Sales Outstanding Explanation

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

Huizhong Instrumentation Co Days Sales Outstanding Related Terms

Thank you for viewing the detailed overview of Huizhong Instrumentation Co's Days Sales Outstanding provided by GuruFocus.com. Please click on the following links to see related term pages.

Huizhong Instrumentation Co (SZSE:300371) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Huizhong Instrumentation Co Ltd (SZSE:300371) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 126, Gaoxin West Road, Tangshan High-tech Industrial Development Zone, Hebei Province, Tangshan, CHN, 063020

Website

http://www.hzyb.com

Huizhong Instrumentation Co Ltd is engaged in the research and development of ultrasonic heat meters, ultrasonic water meters, ultrasonic flow meters and systems. The solutions offered by the company include smart water supply, intelligent hot, and water resource monitoring and management.

Executives

Zhang Ji Chuan	Director
Dong Jian Guo	Directors, executives
Wang Jian	Directors, executives
Chen Hui	Executives, directors
Zhang Li Xin	Director
Su Zhi Qiang	Directors, executives
Fu Die	Supervisors
Wang Yong Cun	Directors, executives

Huizhong Instrumentation Co (SZSE:300371) Headlines

No Headlines