Xi an Xice Testing Technology Co (SZSE:301306) Days Sales Outstanding : 340.86 (As of Mar. 2024)

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What is Xi an Xice Testing Technology Co Days Sales Outstanding?

Xi an Xice Testing Technology Co's average Accounts Receivable for the three months ended in Mar. 2024 was ¥409.0 Mil. Xi an Xice Testing Technology Co's Revenue for the three months ended in Mar. 2024 was ¥109.5 Mil. Hence, Xi an Xice Testing Technology Co's Days Sales Outstanding for the three months ended in Mar. 2024 was 340.86.

The historical rank and industry rank for Xi an Xice Testing Technology Co's Days Sales Outstanding or its related term are showing as below:

SZSE:301306' s Days Sales Outstanding Range Over the Past 10 Years
Min: 265.06 Med: 289.79 Max: 415.9
Current: 376.29

During the past 6 years, Xi an Xice Testing Technology Co's highest Days Sales Outstanding was 415.90. The lowest was 265.06. And the median was 289.79.

SZSE:301306's Days Sales Outstanding is ranked worse than
95% of 300 companies
in the Aerospace & Defense industry
Industry Median: 63.435 vs SZSE:301306: 376.29

Xi an Xice Testing Technology Co's Days Sales Outstanding declined from Mar. 2023 (548.29) to Mar. 2024 (340.86).

Xi an Xice Testing Technology Co Days Sales Outstanding Historical Data

The historical data trend for Xi an Xice Testing 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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Xi an Xice Testing Technology Co Days Sales Outstanding Chart

Xi an Xice Testing Technology Co Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

Get a 7-Day Free Trial

291.37

266.26

265.06

288.21

415.90

Xi an Xice Testing Technology Co Quarterly Data
	Dec18	Dec19	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Days Sales Outstanding	Get a 7-Day Free Trial											548.29	449.44	439.52	313.70	340.86

Competitive Comparison of Xi an Xice Testing Technology Co's Days Sales Outstanding

For the Aerospace & Defense subindustry, Xi an Xice Testing 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.

Xi an Xice Testing Technology Co's Days Sales Outstanding Distribution in the Aerospace & Defense Industry

For the Aerospace & Defense industry and Industrials sector, Xi an Xice Testing Technology Co's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where Xi an Xice Testing Technology Co's Days Sales Outstanding falls into.

Xi an Xice Testing 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.

Xi an Xice Testing 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
=	( (285.269	+	378.112)	/	2 )	/	291.094	*	365
=	331.6905					/	291.094	*	365
=	415.90

Xi an Xice Testing 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
=	( (378.112	+	439.821)	/	2 )	/	109.482	*	365 / 4
=	408.9665					/	109.482	*	365 / 4
=	340.86

Xi an Xice Testing Technology Co (SZSE:301306) Days Sales Outstanding Explanation

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

Xi an Xice Testing Technology Co Days Sales Outstanding Related Terms

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Xi an Xice Testing Technology Co (SZSE:301306) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Aerospace & Defense » Xi an Xice Testing Technology Co Ltd (SZSE:301306) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 16, Zhangba2 Road, High-tech Zone, Shaanxi Province, Xi'an, CHN, 710065

Website

http://www.xctt.com

Xi an Xice Testing Technology Co Ltd is engaged in the inspection and testing of military equipment and civil aircraft products.

Executives

Li Ze Xin

Director

Xi an Xice Testing Technology Co (SZSE:301306) Headlines

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