Crystal Clear Electronic Material Co (SZSE:300655) Days Sales Outstanding : 111.47 (As of Mar. 2024)

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What is Crystal Clear Electronic Material Co Days Sales Outstanding?

Crystal Clear Electronic Material Co's average Accounts Receivable for the three months ended in Mar. 2024 was ¥403 Mil. Crystal Clear Electronic Material Co's Revenue for the three months ended in Mar. 2024 was ¥330 Mil. Hence, Crystal Clear Electronic Material Co's Days Sales Outstanding for the three months ended in Mar. 2024 was 111.47.

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

SZSE:300655' s Days Sales Outstanding Range Over the Past 10 Years
Min: 61.07 Med: 112.67 Max: 171.38
Current: 96.5

During the past 12 years, Crystal Clear Electronic Material Co's highest Days Sales Outstanding was 171.38. The lowest was 61.07. And the median was 112.67.

SZSE:300655's Days Sales Outstanding is ranked worse than
78.36% of 1525 companies
in the Chemicals industry
Industry Median: 64.02 vs SZSE:300655: 96.50

Crystal Clear Electronic Material Co's Days Sales Outstanding increased from Mar. 2023 (97.59) to Mar. 2024 (111.47).

Crystal Clear Electronic Material Co Days Sales Outstanding Historical Data

The historical data trend for Crystal Clear Electronic Material 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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Crystal Clear Electronic Material Co Days Sales Outstanding Chart

Crystal Clear Electronic Material Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

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118.04

97.18

61.07

66.47

102.78

Crystal Clear Electronic Material 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															97.59	87.42	90.45	96.74	111.47

Competitive Comparison of Crystal Clear Electronic Material Co's Days Sales Outstanding

For the Specialty Chemicals subindustry, Crystal Clear Electronic Material 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.

Crystal Clear Electronic Material Co's Days Sales Outstanding Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Crystal Clear Electronic Material Co's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where Crystal Clear Electronic Material Co's Days Sales Outstanding falls into.

Crystal Clear Electronic Material 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.

Crystal Clear Electronic Material 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
=	( (330.152	+	401.633)	/	2 )	/	1299.415	*	365
=	365.8925					/	1299.415	*	365
=	102.78

Crystal Clear Electronic Material 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
=	( (401.633	+	404.096)	/	2 )	/	329.794	*	365 / 4
=	402.8645					/	329.794	*	365 / 4
=	111.47

Crystal Clear Electronic Material Co (SZSE:300655) Days Sales Outstanding Explanation

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

Crystal Clear Electronic Material Co Days Sales Outstanding Related Terms

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Crystal Clear Electronic Material Co (SZSE:300655) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Crystal Clear Electronic Material Co Ltd (SZSE:300655) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

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Address

No.168, Shanfeng Road, Wuzhong Economic Development Zone, Suzhou, CHN, 215168

Website

http://www.jingrui-chem.com.cn

Suzhou Crystal Clear Chemical Co Ltd produces and sells ultra-purifying materials and other fine chemical products for the microelectronics industry. Its main products include ultra-clean high-purity reagents, photoresist materials, functional materials and lithium battery adhesives, among others. Its products are mainly used in the manufacturing of semiconductors, photovoltaic solar cells, light-emitting diodes (LEDs), and lithium batteries.

Crystal Clear Electronic Material Co (SZSE:300655) Headlines

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