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Net263 (SZSE:002467) Days Sales Outstanding : 17.39 (As of Mar. 2024)


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What is Net263 Days Sales Outstanding?

Net263's average Accounts Receivable for the three months ended in Mar. 2024 was ¥49.2 Mil. Net263's Revenue for the three months ended in Mar. 2024 was ¥258.0 Mil. Hence, Net263's Days Sales Outstanding for the three months ended in Mar. 2024 was 17.39.

The historical rank and industry rank for Net263's Days Sales Outstanding or its related term are showing as below:

SZSE:002467' s Days Sales Outstanding Range Over the Past 10 Years
Min: 20.78   Med: 29.99   Max: 39.72
Current: 20.78

During the past 13 years, Net263's highest Days Sales Outstanding was 39.72. The lowest was 20.78. And the median was 29.99.

SZSE:002467's Days Sales Outstanding is ranked better than
88% of 375 companies
in the Telecommunication Services industry
Industry Median: 56.53 vs SZSE:002467: 20.78

Net263's Days Sales Outstanding declined from Mar. 2023 (25.52) to Mar. 2024 (17.39).


Net263 Days Sales Outstanding Historical Data

The historical data trend for Net263'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.

Net263 Days Sales Outstanding Chart

Net263 Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Sales Outstanding
Get a 7-Day Free Trial Premium Member Only Premium Member Only 39.72 30.98 28.09 25.60 23.70

Net263 Quarterly Data
Jun19 Sep19 Dec19 Mar20 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 25.52 23.98 22.43 21.25 17.39

Competitive Comparison of Net263's Days Sales Outstanding

For the Telecom Services subindustry, Net263'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.


Net263's Days Sales Outstanding Distribution in the Telecommunication Services Industry

For the Telecommunication Services industry and Communication Services sector, Net263's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where Net263's Days Sales Outstanding falls into.



Net263 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.

Net263'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
=( (62.482 + 53.074) / 2 ) / 889.901*365
=57.778 / 889.901*365
=23.70

Net263'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
=( (53.074 + 45.26) / 2 ) / 257.979*365 / 4
=49.167 / 257.979*365 / 4
=17.39

* 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.


Net263  (SZSE:002467) Days Sales Outstanding Explanation

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


Net263 Days Sales Outstanding Related Terms

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Net263 (SZSE:002467) Business Description

Traded in Other Exchanges
N/A
Address
13 East Chaoqian Road, Changping District, Beijing, CHN, 100013
Net263 Ltd provides value-added data and voice communication services in China.
Executives
Xin Wei Min Directors, executives
Yang Ping Yong Directors, executives
Wu Yi Bin Supervisors
Liang Jing Executives
Directors, executives
Lu Bing Director
Xiao Yuan Executives
Zhang Ke Independent director
Li Xiao Long Director
Wang Xue Si Supervisors
Yang Dan Executives
Huang Ming Sheng Director
Dong Gui Ying Executives
Liu Jiang Tao Directors, executives
Li Yu Jie Executives

Net263 (SZSE:002467) Headlines

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