Vanchip (Tianjin) Technology Co (SHSE:688153) Days Sales Outstanding : 92.36 (As of Mar. 2024)

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What is Vanchip (Tianjin) Technology Co Days Sales Outstanding?

Vanchip (Tianjin) Technology Co's average Accounts Receivable for the three months ended in Mar. 2024 was ¥467 Mil. Vanchip (Tianjin) Technology Co's Revenue for the three months ended in Mar. 2024 was ¥461 Mil. Hence, Vanchip (Tianjin) Technology Co's Days Sales Outstanding for the three months ended in Mar. 2024 was 92.36.

The historical rank and industry rank for Vanchip (Tianjin) Technology Co's Days Sales Outstanding or its related term are showing as below:

SHSE:688153' s Days Sales Outstanding Range Over the Past 10 Years
Min: 11.79 Med: 17.81 Max: 40.57
Current: 33.43

During the past 8 years, Vanchip (Tianjin) Technology Co's highest Days Sales Outstanding was 40.57. The lowest was 11.79. And the median was 17.81.

SHSE:688153's Days Sales Outstanding is ranked better than
87.44% of 979 companies
in the Semiconductors industry
Industry Median: 63.03 vs SHSE:688153: 33.43

Vanchip (Tianjin) Technology Co's Days Sales Outstanding increased from Mar. 2023 (37.89) to Mar. 2024 (92.36).

Vanchip (Tianjin) Technology Co Days Sales Outstanding Historical Data

The historical data trend for Vanchip (Tianjin) 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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Vanchip (Tianjin) Technology Co Days Sales Outstanding Chart

Vanchip (Tianjin) Technology Co Annual Data

Trend

Dec13

Dec14

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

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17.22

18.14

17.47

28.27

40.57

Vanchip (Tianjin) Technology Co Quarterly Data
	Dec13	Dec14	Dec18	Dec19	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Days Sales Outstanding	Get a 7-Day Free Trial														37.89	21.22	24.53	24.62	92.36

Competitive Comparison of Vanchip (Tianjin) Technology Co's Days Sales Outstanding

For the Semiconductors subindustry, Vanchip (Tianjin) 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.

Vanchip (Tianjin) Technology Co's Days Sales Outstanding Distribution in the Semiconductors Industry

For the Semiconductors industry and Technology sector, Vanchip (Tianjin) Technology Co's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where Vanchip (Tianjin) Technology Co's Days Sales Outstanding falls into.

Vanchip (Tianjin) 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.

Vanchip (Tianjin) 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
=	( (153.759	+	509.037)	/	2 )	/	2981.525	*	365
=	331.398					/	2981.525	*	365
=	40.57

Vanchip (Tianjin) 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
=	( (509.037	+	424.793)	/	2 )	/	461.316	*	365 / 4
=	466.915					/	461.316	*	365 / 4
=	92.36

Vanchip (Tianjin) Technology Co (SHSE:688153) Days Sales Outstanding Explanation

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

Vanchip (Tianjin) Technology Co Days Sales Outstanding Related Terms

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Vanchip (Tianjin) Technology Co (SHSE:688153) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » Vanchip (Tianjin) Technology Co Ltd (SHSE:688153) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 19, Xinhuan West Road, Room 2701-3, Building 2, Development Zone, Tianjin, CHN, 300457

Website

http://www.vanchip.com

Vanchip (Tianjin) Technology Co Ltd is engaged in the research and development, design and sales of RF front-end chips.

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