MH Robot & Automation Co (SZSE:301199) Days Sales Outstanding : 115.67 (As of Mar. 2024)

View and export this data going back to 2021. Start your Free Trial

What is MH Robot & Automation Co Days Sales Outstanding?

MH Robot & Automation Co's average Accounts Receivable for the three months ended in Mar. 2024 was ¥475 Mil. MH Robot & Automation Co's Revenue for the three months ended in Mar. 2024 was ¥374 Mil. Hence, MH Robot & Automation Co's Days Sales Outstanding for the three months ended in Mar. 2024 was 115.67.

The historical rank and industry rank for MH Robot & Automation Co's Days Sales Outstanding or its related term are showing as below:

SZSE:301199' s Days Sales Outstanding Range Over the Past 10 Years
Min: 41.86 Med: 116.03 Max: 160.97
Current: 134.4

During the past 8 years, MH Robot & Automation Co's highest Days Sales Outstanding was 160.97. The lowest was 41.86. And the median was 116.03.

SZSE:301199's Days Sales Outstanding is ranked worse than
80.97% of 2954 companies
in the Industrial Products industry
Industry Median: 79.805 vs SZSE:301199: 134.40

MH Robot & Automation Co's Days Sales Outstanding declined from Mar. 2023 (240.15) to Mar. 2024 (115.67).

MH Robot & Automation Co Days Sales Outstanding Historical Data

The historical data trend for MH Robot & Automation 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.

MH Robot & Automation Co Days Sales Outstanding Chart

MH Robot & Automation Co Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

Get a 7-Day Free Trial

98.29

133.77

140.66

160.97

148.02

MH Robot & Automation Co Quarterly Data
	Dec18	Jun19	Sep19	Dec19	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															240.15	113.67	124.08	241.01	115.67

Competitive Comparison of MH Robot & Automation Co's Days Sales Outstanding

For the Specialty Industrial Machinery subindustry, MH Robot & Automation 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.

MH Robot & Automation Co's Days Sales Outstanding Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, MH Robot & Automation Co's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where MH Robot & Automation Co's Days Sales Outstanding falls into.

MH Robot & Automation 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.

MH Robot & Automation 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
=	( (320.647	+	470.069)	/	2 )	/	974.882	*	365
=	395.358					/	974.882	*	365
=	148.02

MH Robot & Automation 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
=	( (470.069	+	479.019)	/	2 )	/	374.366	*	365 / 4
=	474.544					/	374.366	*	365 / 4
=	115.67

MH Robot & Automation Co (SZSE:301199) Days Sales Outstanding Explanation

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

MH Robot & Automation Co Days Sales Outstanding Related Terms

Thank you for viewing the detailed overview of MH Robot & Automation Co's Days Sales Outstanding provided by GuruFocus.com. Please click on the following links to see related term pages.

MH Robot & Automation Co (SZSE:301199) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » MH Robot & Automation Co Ltd (SZSE:301199) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

N/A

Address

1398 Shuntai Street, Zhucheng City, Shandong Province, Weifang, CHN, 262200

Website

http://www.mhauto.cn

MH Robot & Automation Co Ltd is engaged in the research and development, manufacturing and integration, planning and design services for intelligent equipment systems, public power and equipment energy supply systems.

MH Robot & Automation Co (SZSE:301199) Headlines

No Headlines