VT Industrial Technology Co (SZSE:300707) Days Sales Outstanding : 96.59 (As of Mar. 2024)

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What is VT Industrial Technology Co Days Sales Outstanding?

VT Industrial Technology Co's average Accounts Receivable for the three months ended in Mar. 2024 was ¥253.8 Mil. VT Industrial Technology Co's Revenue for the three months ended in Mar. 2024 was ¥239.8 Mil. Hence, VT Industrial Technology Co's Days Sales Outstanding for the three months ended in Mar. 2024 was 96.59.

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

SZSE:300707' s Days Sales Outstanding Range Over the Past 10 Years
Min: 31.22 Med: 82.7 Max: 115.47
Current: 102.43

During the past 11 years, VT Industrial Technology Co's highest Days Sales Outstanding was 115.47. The lowest was 31.22. And the median was 82.70.

SZSE:300707's Days Sales Outstanding is ranked worse than
85.92% of 1271 companies
in the Vehicles & Parts industry
Industry Median: 60.7 vs SZSE:300707: 102.43

VT Industrial Technology Co's Days Sales Outstanding declined from Mar. 2023 (145.64) to Mar. 2024 (96.59).

VT Industrial Technology Co Days Sales Outstanding Historical Data

The historical data trend for VT Industrial Technology 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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VT Industrial Technology Co Days Sales Outstanding Chart

VT Industrial Technology Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

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115.47

99.48

105.26

111.51

112.53

VT Industrial Technology 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															145.64	115.64	100.02	99.56	96.59

Competitive Comparison of VT Industrial Technology Co's Days Sales Outstanding

For the Auto Parts subindustry, VT Industrial Technology 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.

VT Industrial Technology Co's Days Sales Outstanding Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, VT Industrial Technology Co's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where VT Industrial Technology Co's Days Sales Outstanding falls into.

VT Industrial Technology 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.

VT Industrial Technology 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
=	( (257.616	+	247.483)	/	2 )	/	819.145	*	365
=	252.5495					/	819.145	*	365
=	112.53

VT Industrial Technology 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
=	( (247.483	+	260.083)	/	2 )	/	239.761	*	365 / 4
=	253.783					/	239.761	*	365 / 4
=	96.59

VT Industrial Technology Co (SZSE:300707) Days Sales Outstanding Explanation

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

VT Industrial Technology Co Days Sales Outstanding Related Terms

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VT Industrial Technology Co (SZSE:300707) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » VT Industrial Technology Co Ltd (SZSE:300707) » Definitions » Days Sales Outstanding

Traded in Other Exchanges

N/A

Address

No. 32 Jianhong Road, Hongshan Street, New District, Jiangsu Province, Wuxi, CHN, 214145

Website

http://www.vt-ind.com

VT Industrial Technology Co Ltd is the stamping dies supplier in the automotive industry. It is engaged in the design, research and development, manufacturing and sales of automotive stamping die, mainly for automakers and component manufacturers worldwide. At the same time, the company provides automotive stamping products to customers based on its own stamping die. Its product offering includes an exhaust system, instrumental panel, door components, seat component, multiphase steel, tailor rolled and welded steel.

VT Industrial Technology Co (SZSE:300707) Headlines

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