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Kangping Technology (Suzhou) Co (SZSE:300907) Days Sales Outstanding : 99.71 (As of Mar. 2024)


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What is Kangping Technology (Suzhou) Co Days Sales Outstanding?

Kangping Technology (Suzhou) Co's average Accounts Receivable for the three months ended in Mar. 2024 was ¥285.0 Mil. Kangping Technology (Suzhou) Co's Revenue for the three months ended in Mar. 2024 was ¥260.8 Mil. Hence, Kangping Technology (Suzhou) Co's Days Sales Outstanding for the three months ended in Mar. 2024 was 99.71.

The historical rank and industry rank for Kangping Technology (Suzhou) Co's Days Sales Outstanding or its related term are showing as below:

SZSE:300907' s Days Sales Outstanding Range Over the Past 10 Years
Min: 47.75   Med: 60.49   Max: 113.65
Current: 113.65

During the past 8 years, Kangping Technology (Suzhou) Co's highest Days Sales Outstanding was 113.65. The lowest was 47.75. And the median was 60.49.

SZSE:300907's Days Sales Outstanding is ranked worse than
73.49% of 2957 companies
in the Industrial Products industry
Industry Median: 79.63 vs SZSE:300907: 113.65

Kangping Technology (Suzhou) Co's Days Sales Outstanding declined from Mar. 2023 (107.01) to Mar. 2024 (99.71).


Kangping Technology (Suzhou) Co Days Sales Outstanding Historical Data

The historical data trend for Kangping Technology (Suzhou) 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.

Kangping Technology (Suzhou) Co Days Sales Outstanding Chart

Kangping Technology (Suzhou) Co Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Sales Outstanding
Get a 7-Day Free Trial 73.57 61.14 58.36 84.77 103.91

Kangping Technology (Suzhou) Co Quarterly Data
Dec18 Jun19 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 107.01 106.61 138.90 122.17 99.71

Competitive Comparison of Kangping Technology (Suzhou) Co's Days Sales Outstanding

For the Electrical Equipment & Parts subindustry, Kangping Technology (Suzhou) 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.


Kangping Technology (Suzhou) Co's Days Sales Outstanding Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Kangping Technology (Suzhou) Co's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where Kangping Technology (Suzhou) Co's Days Sales Outstanding falls into.



Kangping Technology (Suzhou) 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.

Kangping Technology (Suzhou) 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
=( (255.042 + 277.303) / 2 ) / 934.969*365
=266.1725 / 934.969*365
=103.91

Kangping Technology (Suzhou) 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
=( (277.303 + 292.733) / 2 ) / 260.846*365 / 4
=285.018 / 260.846*365 / 4
=99.71

* 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.


Kangping Technology (Suzhou) Co  (SZSE:300907) Days Sales Outstanding Explanation

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


Kangping Technology (Suzhou) Co Days Sales Outstanding Related Terms

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Kangping Technology (Suzhou) Co (SZSE:300907) Business Description

Traded in Other Exchanges
N/A
Address
No. 18, Huayuan Road, Xiangcheng Economic Development Zone, Jiangsu Province, Suzhou, CHN, 215131
Kangping Technology (Suzhou) Co Ltd is engaged in design, production and sales of motors for power tools, complete power tools and related spare parts.

Kangping Technology (Suzhou) Co (SZSE:300907) Headlines

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