Hangzhou Gisway Information Technology Co (SZSE:301390) Days Sales Outstanding : 651.79 (As of Mar. 2024)

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What is Hangzhou Gisway Information Technology Co Days Sales Outstanding?

Hangzhou Gisway Information Technology Co's average Accounts Receivable for the three months ended in Mar. 2024 was ¥347.2 Mil. Hangzhou Gisway Information Technology Co's Revenue for the three months ended in Mar. 2024 was ¥48.6 Mil. Hence, Hangzhou Gisway Information Technology Co's Days Sales Outstanding for the three months ended in Mar. 2024 was 651.79.

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

SZSE:301390' s Days Sales Outstanding Range Over the Past 10 Years
Min: 135.06 Med: 200.87 Max: 242.37
Current: 242.37

During the past 6 years, Hangzhou Gisway Information Technology Co's highest Days Sales Outstanding was 242.37. The lowest was 135.06. And the median was 200.87.

SZSE:301390's Days Sales Outstanding is ranked worse than
92.6% of 2728 companies
in the Software industry
Industry Median: 61.675 vs SZSE:301390: 242.37

Hangzhou Gisway Information Technology Co's Days Sales Outstanding declined from Mar. 2023 (713.37) to Mar. 2024 (651.79).

Hangzhou Gisway Information Technology Co Days Sales Outstanding Historical Data

The historical data trend for Hangzhou Gisway Information 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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Hangzhou Gisway Information Technology Co Days Sales Outstanding Chart

Hangzhou Gisway Information Technology Co Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

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135.06

173.45

228.29

240.99

241.43

Hangzhou Gisway Information Technology Co Quarterly Data
	Dec18	Dec19	Dec20	Mar21	Jun21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Days Sales Outstanding	Get a 7-Day Free Trial										713.37	216.09	279.75	154.41	651.79

Competitive Comparison of Hangzhou Gisway Information Technology Co's Days Sales Outstanding

For the Information Technology Services subindustry, Hangzhou Gisway Information 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.

Hangzhou Gisway Information Technology Co's Days Sales Outstanding Distribution in the Software Industry

For the Software industry and Technology sector, Hangzhou Gisway Information Technology Co's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where Hangzhou Gisway Information Technology Co's Days Sales Outstanding falls into.

Hangzhou Gisway Information 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.

Hangzhou Gisway Information 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
=	( (327.662	+	352.982)	/	2 )	/	514.505	*	365
=	340.322					/	514.505	*	365
=	241.43

Hangzhou Gisway Information 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
=	( (352.982	+	341.442)	/	2 )	/	48.609	*	365 / 4
=	347.212					/	48.609	*	365 / 4
=	651.79

Hangzhou Gisway Information Technology Co (SZSE:301390) Days Sales Outstanding Explanation

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

Hangzhou Gisway Information Technology Co Days Sales Outstanding Related Terms

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Hangzhou Gisway Information Technology Co (SZSE:301390) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Hangzhou Gisway Information Technology Co Ltd (SZSE:301390) » Definitions » Days Sales Outstanding

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Traded in Other Exchanges

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Address

No. 1899, Gudun Road, Room 626-628, 6th Floor, Building A1, Liangzhu, Yuhang District, Zhejiang Province, Hangzhou, CHN, 311100

Website

https://www.gisway.com.cn

Hangzhou Gisway Information Technology Co Ltd mainly provides integrated power technology services such as power engineering consulting design, construction, operation and maintenance, energy saving, and electricity sales for customers such as power grids and affiliated enterprises, government agencies, and industrial and commercial enterprises. The company's business segment includes 3DGIS Smart Service, Power Integration Service, and Integrated Energy Services.

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