Jiangxi Tianli Technology (SZSE:300399) Days Sales Outstanding : 40.06 (As of Mar. 2024)

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What is Jiangxi Tianli Technology Days Sales Outstanding?

Jiangxi Tianli Technology's average Accounts Receivable for the three months ended in Mar. 2024 was ¥44.8 Mil. Jiangxi Tianli Technology's Revenue for the three months ended in Mar. 2024 was ¥102.0 Mil. Hence, Jiangxi Tianli Technology's Days Sales Outstanding for the three months ended in Mar. 2024 was 40.06.

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

SZSE:300399' s Days Sales Outstanding Range Over the Past 10 Years
Min: 20.65 Med: 37.34 Max: 102.12
Current: 48.15

During the past 13 years, Jiangxi Tianli Technology's highest Days Sales Outstanding was 102.12. The lowest was 20.65. And the median was 37.34.

SZSE:300399's Days Sales Outstanding is ranked better than
67.19% of 2725 companies
in the Software industry
Industry Median: 61.89 vs SZSE:300399: 48.15

Jiangxi Tianli Technology's Days Sales Outstanding declined from Mar. 2023 (46.95) to Mar. 2024 (40.06).

Jiangxi Tianli Technology Days Sales Outstanding Historical Data

The historical data trend for Jiangxi Tianli Technology'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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Jiangxi Tianli Technology Days Sales Outstanding Chart

Jiangxi Tianli Technology Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

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25.63

20.65

37.26

49.34

37.42

Jiangxi Tianli Technology 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															46.95	45.18	56.51	64.62	40.06

Competitive Comparison of Jiangxi Tianli Technology's Days Sales Outstanding

For the Software - Application subindustry, Jiangxi Tianli Technology'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.

Jiangxi Tianli Technology's Days Sales Outstanding Distribution in the Software Industry

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

* The bar in red indicates where Jiangxi Tianli Technology's Days Sales Outstanding falls into.

Jiangxi Tianli Technology 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.

Jiangxi Tianli Technology'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
=	( (43.157	+	47.949)	/	2 )	/	444.356	*	365
=	45.553					/	444.356	*	365
=	37.42

Jiangxi Tianli Technology'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
=	( (47.949	+	41.616)	/	2 )	/	102.01	*	365 / 4
=	44.7825					/	102.01	*	365 / 4
=	40.06

Jiangxi Tianli Technology (SZSE:300399) Days Sales Outstanding Explanation

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

Jiangxi Tianli Technology Days Sales Outstanding Related Terms

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Jiangxi Tianli Technology (SZSE:300399) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Jiangxi Tianli Technology Inc (SZSE:300399) » Definitions » Days Sales Outstanding

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Address

Chasheng East Road, Room 139, Building 2, Cultural and Creative Center, High-speed Railway Economic Experimental Zone, Jiangxi Province, Shangrao, CHN, 100144

Website

http://www.ihandy.cn

Jiangxi Tianli Technology Inc formerly Beijing Tianli Mobile Service Integration Inc provides mobile application solutions and personal mobile information services. Its mobile information service is mainly to provide mobile information application solutions for large and medium-sized group customers in China, covering customized development, business integration, operation support and customer relationship management services, and ultimately assisting group customers to provide SMS messages to their customers.

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