Anker Innovations Technology Co (SZSE:300866) Days Sales Outstanding : 24.96 (As of Sep. 2023)

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What is Anker Innovations Technology Co Days Sales Outstanding?

Anker Innovations Technology Co's average Accounts Receivable for the three months ended in Sep. 2023 was ¥1,291 Mil. Anker Innovations Technology Co's Revenue for the three months ended in Sep. 2023 was ¥4,721 Mil. Hence, Anker Innovations Technology Co's Days Sales Outstanding for the three months ended in Sep. 2023 was 24.96.

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

SZSE:300866' s Days Sales Outstanding Range Over the Past 10 Years
Min: 16.04 Med: 23.37 Max: 29.64
Current: 24.7

During the past 7 years, Anker Innovations Technology Co's highest Days Sales Outstanding was 29.64. The lowest was 16.04. And the median was 23.37.

SZSE:300866's Days Sales Outstanding is ranked better than
95.36% of 2456 companies
in the Hardware industry
Industry Median: 75.03 vs SZSE:300866: 24.70

Anker Innovations Technology Co's Days Sales Outstanding increased from Sep. 2022 (23.27) to Sep. 2023 (24.96).

Anker Innovations Technology Co Days Sales Outstanding Historical Data

The historical data trend for Anker Innovations 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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Anker Innovations Technology Co Days Sales Outstanding Chart

Anker Innovations Technology Co Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Days Sales Outstanding

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19.96

23.37

26.77

28.44

29.64

Anker Innovations Technology Co Quarterly Data
	Dec17	Dec18	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23
Days Sales Outstanding	Get a 7-Day Free Trial															23.27	21.12	27.68	25.08	24.96

Competitive Comparison of Anker Innovations Technology Co's Days Sales Outstanding

For the Consumer Electronics subindustry, Anker Innovations 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.

Anker Innovations Technology Co's Days Sales Outstanding Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Anker Innovations Technology Co's Days Sales Outstanding distribution charts can be found below:

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

Anker Innovations 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.

Anker Innovations Technology Co's Days Sales Outstanding for the fiscal year that ended in Dec. 2022 is calculated as

	Days Sales Outstanding (A: Dec. 2022 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Dec. 2021 )	+	Accounts Receivable (A: Dec. 2022 ))	/	count )	/	Revenue (A: Dec. 2022 )	*	Days in Period
=	( (1091.712	+	1222.433)	/	2 )	/	14250.52	*	365
=	1157.0725					/	14250.52	*	365
=	29.64

Anker Innovations Technology Co's Days Sales Outstanding for the quarter that ended in Sep. 2023 is calculated as:

	Days Sales Outstanding (Q: Sep. 2023 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Jun. 2023 )	+	Accounts Receivable (A: Sep. 2023 ))	/	count )	/	Revenue (A: Sep. 2023 )	*	Days in Period
=	( (1215.505	+	1367.252)	/	2 )	/	4720.774	*	365 / 4
=	1291.3785					/	4720.774	*	365 / 4
=	24.96

Anker Innovations Technology Co (SZSE:300866) Days Sales Outstanding Explanation

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

Anker Innovations Technology Co Days Sales Outstanding Related Terms

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Anker Innovations Technology Co (SZSE:300866) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Anker Innovations Technology Co Ltd (SZSE:300866) » Definitions » Days Sales Outstanding

Traded in Other Exchanges

N/A

Address

Phase I, No. 39 Jianshan Road, Room 701, 7th Floor, Building 7, Hunan Province, Changsha China Power Software Park Co., Ltd, Changsha High-tech Development Zone, Changsha, CHN, 410205

Website

https://www.anker-in.com

Anker Innovations Technology Co Ltd development, design and sales of consumer electronic products such as mobile device peripheral products and smart hardware products of its own brand. The company's brands include Anker that provides wired and wireless charging products; Soundcore provides audio devices such as speakers and earphones; EUFY provides smart appliances such as home speaker, lights, vacuums and smart plugs; NEBULA provides smart, portable entertainment devices; and ROAV provides smart, connected services to any vehicle.

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