Ferrotec (An Hui) Technology Development Co (SZSE:301297) Days Sales Outstanding : 91.86 (As of Jun. 2024)

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What is Ferrotec (An Hui) Technology Development Co Days Sales Outstanding?

Ferrotec (An Hui) Technology Development Co's average Accounts Receivable for the three months ended in Jun. 2024 was ¥178.0 Mil. Ferrotec (An Hui) Technology Development Co's Revenue for the three months ended in Jun. 2024 was ¥176.8 Mil. Hence, Ferrotec (An Hui) Technology Development Co's Days Sales Outstanding for the three months ended in Jun. 2024 was 91.86.

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

SZSE:301297' s Days Sales Outstanding Range Over the Past 10 Years
Min: 77.85 Med: 82.45 Max: 127.05
Current: 94.03

During the past 6 years, Ferrotec (An Hui) Technology Development Co's highest Days Sales Outstanding was 127.05. The lowest was 77.85. And the median was 82.45.

SZSE:301297's Days Sales Outstanding is ranked worse than
77.09% of 991 companies
in the Semiconductors industry
Industry Median: 62.83 vs SZSE:301297: 94.03

Ferrotec (An Hui) Technology Development Co's Days Sales Outstanding declined from Jun. 2023 (96.32) to Jun. 2024 (91.86).

Ferrotec (An Hui) Technology Development Co Days Sales Outstanding Historical Data

The historical data trend for Ferrotec (An Hui) Technology Development 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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Ferrotec (An Hui) Technology Development Co Days Sales Outstanding Chart

Ferrotec (An Hui) Technology Development Co Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

Get a 7-Day Free Trial

82.98

80.21

77.85

81.92

96.96

Ferrotec (An Hui) Technology Development Co Quarterly Data
	Dec18	Dec19	Dec20	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24
Days Sales Outstanding	Get a 7-Day Free Trial											96.32	91.59	96.46	95.39	91.86

Competitive Comparison of Ferrotec (An Hui) Technology Development Co's Days Sales Outstanding

For the Semiconductor Equipment & Materials subindustry, Ferrotec (An Hui) Technology Development 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.

Ferrotec (An Hui) Technology Development Co's Days Sales Outstanding Distribution in the Semiconductors Industry

For the Semiconductors industry and Technology sector, Ferrotec (An Hui) Technology Development Co's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where Ferrotec (An Hui) Technology Development Co's Days Sales Outstanding falls into.

Ferrotec (An Hui) Technology Development 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.

Ferrotec (An Hui) Technology Development 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
=	( (149.925	+	165.727)	/	2 )	/	594.143	*	365
=	157.826					/	594.143	*	365
=	96.96

Ferrotec (An Hui) Technology Development Co's Days Sales Outstanding for the quarter that ended in Jun. 2024 is calculated as:

	Days Sales Outstanding (Q: Jun. 2024 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Mar. 2024 )	+	Accounts Receivable (A: Jun. 2024 ))	/	count )	/	Revenue (A: Jun. 2024 )	*	Days in Period
=	( (170.782	+	185.207)	/	2 )	/	176.815	*	365 / 4
=	177.9945					/	176.815	*	365 / 4
=	91.86

Ferrotec (An Hui) Technology Development Co (SZSE:301297) Days Sales Outstanding Explanation

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

Ferrotec (An Hui) Technology Development Co Days Sales Outstanding Related Terms

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Ferrotec (An Hui) Technology Development Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » Ferrotec (An Hui) Technology Development Co Ltd (SZSE:301297) » Definitions » Days Sales Outstanding

Traded in Other Exchanges

N/A

Address

No. 18, Nanhai Road, Jinqiao Economic Development Zone, Shun'an Town, Yi'an District, Anhui Province, Tongling, CHN, 244151

Website

http://www.ftvas.com

Ferrotec (An Hui) Technology Development Co Ltd is a precision cleaning service provider for equipment in the field of semiconductors, focusing on providing one-stop equipment precision cleaning for manufacturers in the two major fields of semiconductors and display panels services, providing integrated cleaning and regeneration solutions for customers' production equipment pollution control.

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