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Cre8 Direct (Ningbo) Co (SZSE:300703) Days Sales Outstanding : 51.86 (As of Mar. 2025)


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What is Cre8 Direct (Ningbo) Co Days Sales Outstanding?

Cre8 Direct (Ningbo) Co's average Accounts Receivable for the three months ended in Mar. 2025 was ¥258 Mil. Cre8 Direct (Ningbo) Co's Revenue for the three months ended in Mar. 2025 was ¥455 Mil. Hence, Cre8 Direct (Ningbo) Co's Days Sales Outstanding for the three months ended in Mar. 2025 was 51.86.

The historical rank and industry rank for Cre8 Direct (Ningbo) Co's Days Sales Outstanding or its related term are showing as below:

SZSE:300703' s Days Sales Outstanding Range Over the Past 10 Years
Min: 47.5   Med: 55.23   Max: 89.19
Current: 49.19

During the past 13 years, Cre8 Direct (Ningbo) Co's highest Days Sales Outstanding was 89.19. The lowest was 47.50. And the median was 55.23.

SZSE:300703's Days Sales Outstanding is ranked better than
57.8% of 282 companies
in the Forest Products industry
Industry Median: 53.88 vs SZSE:300703: 49.19

Cre8 Direct (Ningbo) Co's Days Sales Outstanding declined from Mar. 2024 (55.42) to Mar. 2025 (51.86).


Cre8 Direct (Ningbo) Co Days Sales Outstanding Historical Data

The historical data trend for Cre8 Direct (Ningbo) 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.

Cre8 Direct (Ningbo) Co Days Sales Outstanding Chart

Cre8 Direct (Ningbo) Co Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Days Sales Outstanding
Get a 7-Day Free Trial Premium Member Only Premium Member Only 89.19 77.57 55.64 50.87 47.50

Cre8 Direct (Ningbo) Co Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
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 55.42 46.77 57.31 53.60 51.86

Competitive Comparison of Cre8 Direct (Ningbo) Co's Days Sales Outstanding

For the Paper & Paper Products subindustry, Cre8 Direct (Ningbo) 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.


Cre8 Direct (Ningbo) Co's Days Sales Outstanding Distribution in the Forest Products Industry

For the Forest Products industry and Basic Materials sector, Cre8 Direct (Ningbo) Co's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where Cre8 Direct (Ningbo) Co's Days Sales Outstanding falls into.


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Cre8 Direct (Ningbo) 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.

Cre8 Direct (Ningbo) Co's Days Sales Outstanding for the fiscal year that ended in Dec. 2024 is calculated as

Days Sales Outstanding (A: Dec. 2024 )
=Average Accounts Receivable /Revenue*Days in Period
=( (Accounts Receivable (A: Dec. 2023 ) + Accounts Receivable (A: Dec. 2024 )) / count ) / Revenue (A: Dec. 2024 )*Days in Period
=( (211.735 + 293.01) / 2 ) / 1939.388*365
=252.3725 / 1939.388*365
=47.50

Cre8 Direct (Ningbo) Co's Days Sales Outstanding for the quarter that ended in Mar. 2025 is calculated as:

Days Sales Outstanding (Q: Mar. 2025 )
=Average Accounts Receivable /Revenue*Days in Period
=( (Accounts Receivable (A: Dec. 2024 ) + Accounts Receivable (A: Mar. 2025 )) / count ) / Revenue (A: Mar. 2025 )*Days in Period
=( (293.01 + 223.587) / 2 ) / 454.501*365 / 4
=258.2985 / 454.501*365 / 4
=51.86

* 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.


Cre8 Direct (Ningbo) Co  (SZSE:300703) Days Sales Outstanding Explanation

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


Cre8 Direct (Ningbo) Co Days Sales Outstanding Related Terms

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Cre8 Direct (Ningbo) Co Business Description

Traded in Other Exchanges
N/A
Address
45 West Lushan Road, Beilun District, Zhejiang Province, Ningbo, CHN, 315800
Cre8 Direct (Ningbo) Co Ltd is a China-based company principally engaged in the design, production and sales of paper-based products around the world. Its product lines span a vast number of categories including stationery, storage, office supplies, scrapbooking, paper crafting, party, D.I.Y., dated goods, card making, and children's crafting.
Executives
Ren Zhao Guo Directors, executives
Deng Jian Jun Directors, executives
Qin Zai Ming Supervisors
Chai Xiao Hai Directors, executives
Jiang Ming Zhong Supervisors
Wang Xian Yu Directors, executives

Cre8 Direct (Ningbo) Co Headlines

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