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UTime (WTO) Days Sales Outstanding : 104.64 (As of Sep. 2023)


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What is UTime Days Sales Outstanding?

UTime's average Accounts Receivable for the six months ended in Sep. 2023 was $6.59 Mil. UTime's Revenue for the six months ended in Sep. 2023 was $11.50 Mil. Hence, UTime's Days Sales Outstanding for the six months ended in Sep. 2023 was 104.64.

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

WTO' s Days Sales Outstanding Range Over the Past 10 Years
Min: 26.16   Med: 63.63   Max: 99.3
Current: 99.3

During the past 7 years, UTime's highest Days Sales Outstanding was 99.30. The lowest was 26.16. And the median was 63.63.

WTO's Days Sales Outstanding is ranked worse than
70.07% of 2456 companies
in the Hardware industry
Industry Median: 75.03 vs WTO: 99.30

UTime's Days Sales Outstanding increased from Sep. 2022 (41.94) to Sep. 2023 (104.64).


UTime Days Sales Outstanding Historical Data

The historical data trend for UTime'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.

UTime Days Sales Outstanding Chart

UTime Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Days Sales Outstanding
Get a 7-Day Free Trial 90.39 93.37 41.34 26.16 69.76

UTime Semi-Annual Data
Mar17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23
Days Sales Outstanding Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 31.60 20.78 41.94 107.19 104.64

Competitive Comparison of UTime's Days Sales Outstanding

For the Consumer Electronics subindustry, UTime'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.


UTime's Days Sales Outstanding Distribution in the Hardware Industry

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

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



UTime 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.

UTime's Days Sales Outstanding for the fiscal year that ended in Mar. 2023 is calculated as

Days Sales Outstanding (A: Mar. 2023 )
=Average Accounts Receivable /Revenue*Days in Period
=( (Accounts Receivable (A: Mar. 2022 ) + Accounts Receivable (A: Mar. 2023 )) / count ) / Revenue (A: Mar. 2023 )*Days in Period
=( (3.533 + 7.591) / 2 ) / 29.103*365
=5.562 / 29.103*365
=69.76

UTime'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: Mar. 2023 ) + Accounts Receivable (A: Sep. 2023 )) / count ) / Revenue (A: Sep. 2023 )*Days in Period
=( (7.591 + 5.596) / 2 ) / 11.5*365 / 2
=6.5935 / 11.5*365 / 2
=104.64

* 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.


UTime  (NAS:WTO) Days Sales Outstanding Explanation

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


UTime Days Sales Outstanding Related Terms

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UTime (WTO) Business Description

Industry
Traded in Other Exchanges
N/A
Address
No. 1006 Keyuan Road, 7th Floor, Building 5A, Shenzhen Software Industry Base, Nanshan District, Shenzhen, CHN, 518061
UTime Ltd is engaged in the design, development, production, sales and brand operation of mobile phones, accessories and related consumer electronics. It also provides Electronics Manufacturing Services (EMS), including Original Equipment Manufacturer (OEM) and Original Design Manufacturer (ODM) services, for renowned brands. The company operates in China and its products are sold globally, including India, Brazil, the United States, and other emerging markets in South Asia and Africa as well as Europe. It has two in-house brands, UTime, known as its middle-to-high end label and targets middle class consumers from emerging markets; and Do, as its low- to mid-end brand, is positioned to the grassroots consumers and price-sensitive consumers in emerging markets.
Executives
Hailin Xie director SHENZHEN SOFTWARE INDUSTRY BASE, 7TH FLOOR, BUILDING 5A, SHENZHEN F4 518061
Na Cai director SHENZHEN SOFTWARE INDUSTRY BASE, 7TH FLOOR, BUILDING 5A, SHENZHEN F4 518061
Xiaoqian Jia director SHENZHEN SOFTWARE INDUSTRY BASE, 7TH FLOOR, BUILDING 5A, SHENZHEN F4 518061
Hengcong Qiu director, officer: Chief Executive Officer SHENZHEN SOFTWARE INDUSTRY BASE, 7TH FLOOR, BUILDING 5A, SHENZHEN F4 518061