Harden Technologies (Harden Technologies) Days Sales Outstanding : 103.06 (As of Jun. 2023)

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What is Harden Technologies Days Sales Outstanding?

Harden Technologies's average Accounts Receivable for the six months ended in Jun. 2023 was $7.63 Mil. Harden Technologies's Revenue for the six months ended in Jun. 2023 was $13.50 Mil. Hence, Harden Technologies's Days Sales Outstanding for the six months ended in Jun. 2023 was 103.06.

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

HAHA' s Days Sales Outstanding Range Over the Past 10 Years
Min: 71.7 Med: 81.74 Max: 110.18
Current: 110.18

During the past 3 years, Harden Technologies's highest Days Sales Outstanding was 110.18. The lowest was 71.70. And the median was 81.74.

HAHA's Days Sales Outstanding is ranked worse than
71.91% of 2958 companies
in the Industrial Products industry
Industry Median: 79.615 vs HAHA: 110.18

Harden Technologies's Days Sales Outstanding declined from Jun. 2022 (119.44) to Jun. 2023 (103.06).

Harden Technologies Days Sales Outstanding Historical Data

The historical data trend for Harden Technologies'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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Harden Technologies Days Sales Outstanding Chart

Harden Technologies Annual Data

Trend

Dec20

Dec21

Dec22

Days Sales Outstanding

81.74

71.70

89.80

Harden Technologies Semi-Annual Data
	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23
Days Sales Outstanding	Get a 7-Day Free Trial			76.18	69.05	119.44	108.36	103.06

Competitive Comparison of Harden Technologies's Days Sales Outstanding

For the Specialty Industrial Machinery subindustry, Harden Technologies'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.

Harden Technologies's Days Sales Outstanding Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Harden Technologies's Days Sales Outstanding distribution charts can be found below:

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

Harden Technologies 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.

Harden Technologies'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
=	( (7.513	+	7.551)	/	2 )	/	30.616	*	365
=	7.532					/	30.616	*	365
=	89.80

Harden Technologies's Days Sales Outstanding for the quarter that ended in Jun. 2023 is calculated as:

	Days Sales Outstanding (Q: Jun. 2023 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Dec. 2022 )	+	Accounts Receivable (A: Jun. 2023 ))	/	count )	/	Revenue (A: Jun. 2023 )	*	Days in Period
=	( (7.551	+	7.7)	/	2 )	/	13.503	*	365 / 2
=	7.6255					/	13.503	*	365 / 2
=	103.06

Harden Technologies (BATS:HAHA) Days Sales Outstanding Explanation

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

Harden Technologies Days Sales Outstanding Related Terms

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Harden Technologies (Harden Technologies) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Harden Technologies Inc (BATS:HAHA) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 6 Jingye Road, Building 8, Torch Development Zone, Zhongshan, CHN, 528400

Website

https://www.siruide.com

Harden Technologies Inc is a waste management equipment and recycling equipment manufacturer in China, specializing in the manufacture of customized industrial shredders and material sorting machines and production lines.

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