Beijing Groundsun Technology Co (BJSE:873703) Days Sales Outstanding : 83.48 (As of Mar. 2024)

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What is Beijing Groundsun Technology Co Days Sales Outstanding?

Beijing Groundsun Technology Co's average Accounts Receivable for the three months ended in Mar. 2024 was ¥145.7 Mil. Beijing Groundsun Technology Co's Revenue for the three months ended in Mar. 2024 was ¥159.2 Mil. Hence, Beijing Groundsun Technology Co's Days Sales Outstanding for the three months ended in Mar. 2024 was 83.48.

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

BJSE:873703' s Days Sales Outstanding Range Over the Past 10 Years
Min: 68.46 Med: 142.93 Max: 213.14
Current: 100.74

During the past 11 years, Beijing Groundsun Technology Co's highest Days Sales Outstanding was 213.14. The lowest was 68.46. And the median was 142.93.

BJSE:873703's Days Sales Outstanding is ranked worse than
65.83% of 2959 companies
in the Industrial Products industry
Industry Median: 79.62 vs BJSE:873703: 100.74

Beijing Groundsun Technology Co's Days Sales Outstanding declined from Mar. 2023 (169.20) to Mar. 2024 (83.48).

Beijing Groundsun Technology Co Days Sales Outstanding Historical Data

The historical data trend for Beijing Groundsun 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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Beijing Groundsun Technology Co Days Sales Outstanding Chart

Beijing Groundsun Technology Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

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113.69

142.77

142.54

143.09

113.97

Beijing Groundsun Technology Co Quarterly Data
	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Days Sales Outstanding	Get a 7-Day Free Trial															169.20	95.03	78.23	252.19	83.48

Competitive Comparison of Beijing Groundsun Technology Co's Days Sales Outstanding

For the Specialty Industrial Machinery subindustry, Beijing Groundsun 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.

Beijing Groundsun Technology Co's Days Sales Outstanding Distribution in the Industrial Products Industry

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

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

Beijing Groundsun 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.

Beijing Groundsun 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
=	( (170.283	+	157.179)	/	2 )	/	524.377	*	365
=	163.731					/	524.377	*	365
=	113.97

Beijing Groundsun 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
=	( (157.179	+	134.195)	/	2 )	/	159.241	*	365 / 4
=	145.687					/	159.241	*	365 / 4
=	83.48

Beijing Groundsun Technology Co (BJSE:873703) 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 Groundsun Technology Co Days Sales Outstanding Related Terms

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Beijing Groundsun Technology Co (BJSE:873703) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Beijing Groundsun Technology Co Ltd (BJSE:873703) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 6 Jinxing West Road, Room 702, Xingchuang Building, Daxing District, Beijing, CHN, 102627

Website

http://www.groundsun.com

Beijing Groundsun Technology Co Ltd is a national high-tech enterprise that specialized in heat transfer enhancement technology, equipment R&D, design and sale. Its products include Porous Coated Tube series, GTL-MCP Tube series, High Vacuum Condenser series, Corrugated Tube series, Powder Flow Heat Exchange, and others products as tower, storage vessel, separation vessel and high efficiency heat transfer equipment facilities. It also have a wide range of applications in global oil refining, Petrochemical, Coal Chemical, Soda Ash and other related industries.

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