Beijing Paratera Tech (BJSE:839493) Days Sales Outstanding : 31.73 (As of Mar. 2024)

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What is Beijing Paratera Tech Days Sales Outstanding?

Beijing Paratera Tech's average Accounts Receivable for the three months ended in Mar. 2024 was ¥45.4 Mil. Beijing Paratera Tech's Revenue for the three months ended in Mar. 2024 was ¥130.7 Mil. Hence, Beijing Paratera Tech's Days Sales Outstanding for the three months ended in Mar. 2024 was 31.73.

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

BJSE:839493' s Days Sales Outstanding Range Over the Past 10 Years
Min: 25.44 Med: 57.92 Max: 174.72
Current: 35.85

During the past 10 years, Beijing Paratera Tech's highest Days Sales Outstanding was 174.72. The lowest was 25.44. And the median was 57.92.

BJSE:839493's Days Sales Outstanding is ranked better than
81.38% of 2734 companies
in the Software industry
Industry Median: 61.68 vs BJSE:839493: 35.85

Beijing Paratera Tech's Days Sales Outstanding declined from Mar. 2023 (37.31) to Mar. 2024 (31.73).

Beijing Paratera Tech Days Sales Outstanding Historical Data

The historical data trend for Beijing Paratera Tech'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 Paratera Tech Days Sales Outstanding Chart

Beijing Paratera Tech Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

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44.36

34.26

25.44

33.97

31.27

Beijing Paratera Tech Quarterly Data
	Dec18	Jun19	Sep19	Dec19	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															37.31	40.44	45.14	33.66	31.73

Competitive Comparison of Beijing Paratera Tech's Days Sales Outstanding

For the Software - Infrastructure subindustry, Beijing Paratera Tech'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 Paratera Tech's Days Sales Outstanding Distribution in the Software Industry

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

* The bar in red indicates where Beijing Paratera Tech's Days Sales Outstanding falls into.

Beijing Paratera Tech 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 Paratera Tech'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
=	( (40.813	+	44.108)	/	2 )	/	495.672	*	365
=	42.4605					/	495.672	*	365
=	31.27

Beijing Paratera Tech'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
=	( (44.108	+	46.789)	/	2 )	/	130.718	*	365 / 4
=	45.4485					/	130.718	*	365 / 4
=	31.73

Beijing Paratera Tech (BJSE:839493) 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 Paratera Tech Days Sales Outstanding Related Terms

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Beijing Paratera Tech (BJSE:839493) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Beijing Paratera Tech Corp Ltd (BJSE:839493) » Definitions » Days Sales Outstanding

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Traded in Other Exchanges

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Address

No. 10 Xibeiwang East Road, Room 101-301, Building 21,3rd Floor, Haidian, Beijing, CHN, 100094

Website

https://www.paratera.com

Beijing Paratera Tech Corp Ltd is a leading domestic supercomputing cloud service and operation service provider, providing supercomputing cloud, industry cloud, intelligence Computing cloud, design simulation cloud and computing resource construction and operation services. As China's national grid service company, a domestic high-tech enterprise, and a dual-software enterprise, Parallel Technology aggregates the computing resources of major supercomputing centers across the country, targeting enterprises and institutions and scientific research institutions in energy, manufacturing, meteorology, scientific research and education, telecommunications, finance, animation, etc. The institute provides supercomputing cloud services.

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