GuoChuang Software Co (SZSE:300520) Days Sales Outstanding : 213.01 (As of Sep. 2024)

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What is GuoChuang Software Co Days Sales Outstanding?

GuoChuang Software Co's average Accounts Receivable for the three months ended in Sep. 2024 was ¥887 Mil. GuoChuang Software Co's Revenue for the three months ended in Sep. 2024 was ¥380 Mil. Hence, GuoChuang Software Co's Days Sales Outstanding for the three months ended in Sep. 2024 was 213.01.

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

SZSE:300520' s Days Sales Outstanding Range Over the Past 10 Years
Min: 82.45 Med: 124.58 Max: 203.65
Current: 203.65

During the past 13 years, GuoChuang Software Co's highest Days Sales Outstanding was 203.65. The lowest was 82.45. And the median was 124.58.

SZSE:300520's Days Sales Outstanding is ranked worse than
90.62% of 2718 companies
in the Software industry
Industry Median: 61.355 vs SZSE:300520: 203.65

GuoChuang Software Co's Days Sales Outstanding increased from Sep. 2023 (147.82) to Sep. 2024 (213.01).

Warning Sign:

If a company's sales outstanding increases, it means it has difficulty collecting payments from its customers.

GuoChuang Software Co Days Sales Outstanding Historical Data

The historical data trend for GuoChuang Software 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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GuoChuang Software Co Days Sales Outstanding Chart

GuoChuang Software Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

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85.15

82.45

108.16

115.12

141.59

GuoChuang Software Co Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Days Sales Outstanding	Get a 7-Day Free Trial															147.82	135.33	307.03	247.11	213.01

Competitive Comparison of GuoChuang Software Co's Days Sales Outstanding

For the Software - Application subindustry, GuoChuang Software 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.

GuoChuang Software Co's Days Sales Outstanding Distribution in the Software Industry

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

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

GuoChuang Software 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.

GuoChuang Software 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
=	( (872.21	+	1079.003)	/	2 )	/	2514.895	*	365
=	975.6065					/	2514.895	*	365
=	141.59

GuoChuang Software Co's Days Sales Outstanding for the quarter that ended in Sep. 2024 is calculated as:

	Days Sales Outstanding (Q: Sep. 2024 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Jun. 2024 )	+	Accounts Receivable (A: Sep. 2024 ))	/	count )	/	Revenue (A: Sep. 2024 )	*	Days in Period
=	( (906.37	+	866.965)	/	2 )	/	379.836	*	365 / 4
=	886.6675					/	379.836	*	365 / 4
=	213.01

GuoChuang Software Co (SZSE:300520) Days Sales Outstanding Explanation

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

GuoChuang Software Co Days Sales Outstanding Related Terms

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GuoChuang Software Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » GuoChuang Software Co Ltd (SZSE:300520) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

N/A

Address

Venturi Road, Hefei High-Tech Zone No 355, Hefei, CHN, 230088

Website

http://www.kdgcsoft.com

GuoChuang Software Co Ltd is engaged in the provision of information technology solutions; and software research and development services. It develops offshore software, software application, system integration, and maintenance services for various industries, such as tobacco, telecom, electric power, financing, healthcare, manufacturing, e-commerce, education, retail.

Executives

Shi Xing Ling	Director
Chu Shi Sheng	Directors, executives
Dong Yong Dong	Directors, executives

GuoChuang Software Co Headlines

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