Contemporary Amperex Technology Co (SZSE:300750) Days Sales Outstanding : 65.89 (As of Mar. 2024)

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What is Contemporary Amperex Technology Co Days Sales Outstanding?

Contemporary Amperex Technology Co's average Accounts Receivable for the three months ended in Mar. 2024 was ¥57,604 Mil. Contemporary Amperex Technology Co's Revenue for the three months ended in Mar. 2024 was ¥79,771 Mil. Hence, Contemporary Amperex Technology Co's Days Sales Outstanding for the three months ended in Mar. 2024 was 65.89.

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

SZSE:300750' s Days Sales Outstanding Range Over the Past 10 Years
Min: 45.39 Med: 76.11 Max: 156.48
Current: 54.81

During the past 10 years, Contemporary Amperex Technology Co's highest Days Sales Outstanding was 156.48. The lowest was 45.39. And the median was 76.11.

SZSE:300750's Days Sales Outstanding is ranked better than
76.69% of 2956 companies
in the Industrial Products industry
Industry Median: 79.375 vs SZSE:300750: 54.81

Contemporary Amperex Technology Co's Days Sales Outstanding increased from Mar. 2023 (54.61) to Mar. 2024 (65.89).

Contemporary Amperex Technology Co Days Sales Outstanding Historical Data

The historical data trend for Contemporary Amperex 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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Contemporary Amperex Technology Co Days Sales Outstanding Chart

Contemporary Amperex Technology Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

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58.05

71.20

49.07

45.39

55.53

Contemporary Amperex Technology Co 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															54.61	50.14	56.36	57.01	65.89

Competitive Comparison of Contemporary Amperex Technology Co's Days Sales Outstanding

For the Electrical Equipment & Parts subindustry, Contemporary Amperex 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.

Contemporary Amperex Technology Co's Days Sales Outstanding Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Contemporary Amperex Technology Co's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where Contemporary Amperex Technology Co's Days Sales Outstanding falls into.

Contemporary Amperex 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.

Contemporary Amperex 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
=	( (57966.517	+	64020.533)	/	2 )	/	400917.045	*	365
=	60993.525					/	400917.045	*	365
=	55.53

Contemporary Amperex 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
=	( (64020.533	+	51186.897)	/	2 )	/	79770.779	*	365 / 4
=	57603.715					/	79770.779	*	365 / 4
=	65.89

Contemporary Amperex Technology Co (SZSE:300750) Days Sales Outstanding Explanation

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

Contemporary Amperex Technology Co Days Sales Outstanding Related Terms

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Contemporary Amperex Technology Co (SZSE:300750) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Contemporary Amperex Technology Co Ltd (SZSE:300750) » Definitions » Days Sales Outstanding

Traded in Other Exchanges

N/A

Address

No. 2, Xingang Road, Liwan Town, Jiaocheng District, Fujian Province, Ningde City, CHN, 352100

Website

http://www.catlbattery.com

CATL, headquartered in Ningde, Fujian Province, is a global leading Chinese battery manufacturer founded in 2011. The company specializes in the development and production of lithium-ion batteries for EVs and energy storage systems. CATL is the largest EV battery manufacturer in the world and leads the industry in innovative battery technology development for higher-energy density and safety, longer battery service life and super-fast charging. CATL is also involved in the manufacturing of cathode and other related battery materials. Through its subsidiary Brunp, it works with customers to create a closed-loop battery life cycle from production, application, to recycling.

Contemporary Amperex Technology Co (SZSE:300750) Headlines

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