Wuhan Yifi Laser (SHSE:688646) Days Sales Outstanding : 214.73 (As of Mar. 2024)

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What is Wuhan Yifi Laser Days Sales Outstanding?

Wuhan Yifi Laser's average Accounts Receivable for the three months ended in Mar. 2024 was ¥281.1 Mil. Wuhan Yifi Laser's Revenue for the three months ended in Mar. 2024 was ¥119.4 Mil. Hence, Wuhan Yifi Laser's Days Sales Outstanding for the three months ended in Mar. 2024 was 214.73.

The historical rank and industry rank for Wuhan Yifi Laser's Days Sales Outstanding or its related term are showing as below:

SHSE:688646' s Days Sales Outstanding Range Over the Past 10 Years
Min: 76.96 Med: 111.32 Max: 223.87
Current: 131.01

During the past 5 years, Wuhan Yifi Laser's highest Days Sales Outstanding was 223.87. The lowest was 76.96. And the median was 111.32.

SHSE:688646's Days Sales Outstanding is ranked worse than
79.86% of 2959 companies
in the Industrial Products industry
Industry Median: 79.62 vs SHSE:688646: 131.01

Wuhan Yifi Laser's Days Sales Outstanding increased from Mar. 2023 (152.91) to Mar. 2024 (214.73).

Warning Sign:

If a company's sales outstanding increases, it means it has difficulty collecting payments from its customers.

Wuhan Yifi Laser Days Sales Outstanding Historical Data

The historical data trend for Wuhan Yifi Laser'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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Wuhan Yifi Laser Days Sales Outstanding Chart

Wuhan Yifi Laser Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

223.87

111.32

76.96

100.95

119.49

Wuhan Yifi Laser Quarterly Data
	Dec19	Dec20	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Days Sales Outstanding	Get a 7-Day Free Trial								152.91	100.45	150.95	104.48	214.73

Competitive Comparison of Wuhan Yifi Laser's Days Sales Outstanding

For the Specialty Industrial Machinery subindustry, Wuhan Yifi Laser'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.

Wuhan Yifi Laser's Days Sales Outstanding Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Wuhan Yifi Laser's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where Wuhan Yifi Laser's Days Sales Outstanding falls into.

Wuhan Yifi Laser 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.

Wuhan Yifi Laser'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
=	( (182.971	+	273.523)	/	2 )	/	697.203	*	365
=	228.247					/	697.203	*	365
=	119.49

Wuhan Yifi Laser'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
=	( (273.523	+	288.655)	/	2 )	/	119.448	*	365 / 4
=	281.089					/	119.448	*	365 / 4
=	214.73

Wuhan Yifi Laser (SHSE:688646) Days Sales Outstanding Explanation

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

Wuhan Yifi Laser Days Sales Outstanding Related Terms

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Wuhan Yifi Laser (SHSE:688646) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Wuhan Yifi Laser Corp Ltd (SHSE:688646) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 999 Gaoxin Avenue, Room 1101, Building C1, Phase I, Longshan Innovation Park, Wuhan Future Science and Technology City, East Lake High-tech Development Zone, Hubei, Wuhan, CHN, 430000

Website

http://www.yifilaser.com

Wuhan Yifi Laser Corp Ltd is engaged in Research and development, design, production and sales of precision laser processing intelligent equipment.

Wuhan Yifi Laser (SHSE:688646) Headlines

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