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Zhongfu Information (SZSE:300659) Days Sales Outstanding : 298.04 (As of Mar. 2024)


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What is Zhongfu Information Days Sales Outstanding?

Zhongfu Information's average Accounts Receivable for the three months ended in Mar. 2024 was ¥429.4 Mil. Zhongfu Information's Revenue for the three months ended in Mar. 2024 was ¥131.5 Mil. Hence, Zhongfu Information's Days Sales Outstanding for the three months ended in Mar. 2024 was 298.04.

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

SZSE:300659' s Days Sales Outstanding Range Over the Past 10 Years
Min: 54.93   Med: 112.35   Max: 268.15
Current: 169.32

During the past 12 years, Zhongfu Information's highest Days Sales Outstanding was 268.15. The lowest was 54.93. And the median was 112.35.

SZSE:300659's Days Sales Outstanding is ranked worse than
87.92% of 2724 companies
in the Software industry
Industry Median: 61.82 vs SZSE:300659: 169.32

Zhongfu Information's Days Sales Outstanding increased from Mar. 2023 (270.90) to Mar. 2024 (298.04).


Zhongfu Information Days Sales Outstanding Historical Data

The historical data trend for Zhongfu Information'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.

Zhongfu Information Days Sales Outstanding Chart

Zhongfu Information Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Sales Outstanding
Get a 7-Day Free Trial Premium Member Only Premium Member Only 106.33 118.36 139.59 268.15 163.12

Zhongfu Information 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 270.90 200.24 266.35 85.51 298.04

Competitive Comparison of Zhongfu Information's Days Sales Outstanding

For the Software - Infrastructure subindustry, Zhongfu Information'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.


Zhongfu Information's Days Sales Outstanding Distribution in the Software Industry

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

* The bar in red indicates where Zhongfu Information's Days Sales Outstanding falls into.



Zhongfu Information 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.

Zhongfu Information'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
=( (403.485 + 417.549) / 2 ) / 918.584*365
=410.517 / 918.584*365
=163.12

Zhongfu Information'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
=( (417.549 + 441.312) / 2 ) / 131.477*365 / 4
=429.4305 / 131.477*365 / 4
=298.04

* 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.


Zhongfu Information  (SZSE:300659) Days Sales Outstanding Explanation

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


Zhongfu Information Days Sales Outstanding Related Terms

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Zhongfu Information (SZSE:300659) Business Description

Traded in Other Exchanges
N/A
Address
1166 Xinyi Street, Gaoxin Zone, Floors 15-16, Building 2, Aosheng Building, Jinan High-tech Zone, Shandong, Jinan, CHN, 250101
Zhongfu Information Inc is a provider of network and information security solutions. It specializes in information security technology and product development, sales and providing industry solutions and security services. The company offers security solutions, password application solutions and public safety solutions. Security solutions include information security and confidentiality management, network information one-way data transmission, and integrated business information management solutions. Password application solution comprises electronic business license and mobile billing. Public safety solutions consist of the public opinion warning application, visual intelligence analysis, and public security synthetic combat platform.
Executives
Wei Dong Xiao Directors, executives
Chen Zhi Jiang Director
Liu Zhen Dong Supervisors
Zhang Tai Xiang Supervisors
Yu Wei Hua Supervisors
Sun Qiang Directors, Directors, and Executives
Liu Hai Wei Directors, executives
Wang Meng Supervisors

Zhongfu Information (SZSE:300659) Headlines

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