Beijing CTJ Information Technology Co (SZSE:301153) Days Sales Outstanding : 265.78 (As of Mar. 2024)

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What is Beijing CTJ Information Technology Co Days Sales Outstanding?

Beijing CTJ Information Technology Co's average Accounts Receivable for the three months ended in Mar. 2024 was ¥383 Mil. Beijing CTJ Information Technology Co's Revenue for the three months ended in Mar. 2024 was ¥132 Mil. Hence, Beijing CTJ Information Technology Co's Days Sales Outstanding for the three months ended in Mar. 2024 was 265.78.

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

SZSE:301153' s Days Sales Outstanding Range Over the Past 10 Years
Min: 68.4 Med: 81.84 Max: 190.81
Current: 89.15

During the past 10 years, Beijing CTJ Information Technology Co's highest Days Sales Outstanding was 190.81. The lowest was 68.40. And the median was 81.84.

SZSE:301153's Days Sales Outstanding is ranked worse than
71.83% of 2737 companies
in the Software industry
Industry Median: 61.8 vs SZSE:301153: 89.15

Beijing CTJ Information Technology Co's Days Sales Outstanding increased from Mar. 2023 (152.36) to Mar. 2024 (265.78).

Beijing CTJ Information Technology Co Days Sales Outstanding Historical Data

The historical data trend for Beijing CTJ 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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Beijing CTJ Information Technology Co Days Sales Outstanding Chart

Beijing CTJ Information Technology Co Annual Data

Trend

Dec12

Dec13

Dec14

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

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126.09

83.56

75.93

68.40

80.11

Beijing CTJ Information Technology Co Quarterly Data
	Dec17	Dec18	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															152.36	53.79	77.98	71.83	265.78

Competitive Comparison of Beijing CTJ Information Technology Co's Days Sales Outstanding

For the Software - Infrastructure subindustry, Beijing CTJ 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.

Beijing CTJ Information Technology Co's Days Sales Outstanding Distribution in the Software Industry

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

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

Beijing CTJ 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.

Beijing CTJ 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
=	( (179.468	+	350.692)	/	2 )	/	1207.817	*	365
=	265.08					/	1207.817	*	365
=	80.11

Beijing CTJ 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
=	( (350.692	+	415.416)	/	2 )	/	131.516	*	365 / 4
=	383.054					/	131.516	*	365 / 4
=	265.78

Beijing CTJ Information Technology Co (SZSE:301153) Days Sales Outstanding Explanation

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

Beijing CTJ Information Technology Co Days Sales Outstanding Related Terms

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Beijing CTJ Information Technology Co (SZSE:301153) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Beijing CTJ Information Technology Co Ltd (SZSE:301153) » Definitions » Days Sales Outstanding

Comparable Companies

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Address

Room 1710, Building 8, No. 68 Wanquanhe Road, Haidian District, Beijing, CHN, 100086

Website

Beijing CTJ Information Technology Co Ltd engages in providing government departments with information management system solutions, mainly including financial integrated management solutions, financial treasury centralized payment electronic solutions, government financial comprehensive management solutions, financial non-tax electronic solutions, large Government IT service solutions such as data application solutions.

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