Shenzhen Kingdom Sci-tech Co (SHSE:600446) Days Sales Outstanding : 73.33 (As of Mar. 2024)

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What is Shenzhen Kingdom Sci-tech Co Days Sales Outstanding?

Shenzhen Kingdom Sci-tech Co's average Accounts Receivable for the three months ended in Mar. 2024 was ¥875 Mil. Shenzhen Kingdom Sci-tech Co's Revenue for the three months ended in Mar. 2024 was ¥1,089 Mil. Hence, Shenzhen Kingdom Sci-tech Co's Days Sales Outstanding for the three months ended in Mar. 2024 was 73.33.

The historical rank and industry rank for Shenzhen Kingdom Sci-tech Co's Days Sales Outstanding or its related term are showing as below:

SHSE:600446' s Days Sales Outstanding Range Over the Past 10 Years
Min: 32.61 Med: 40.73 Max: 55.65
Current: 55.65

During the past 13 years, Shenzhen Kingdom Sci-tech Co's highest Days Sales Outstanding was 55.65. The lowest was 32.61. And the median was 40.73.

SHSE:600446's Days Sales Outstanding is ranked better than
57.39% of 2732 companies
in the Software industry
Industry Median: 61.675 vs SHSE:600446: 55.65

Shenzhen Kingdom Sci-tech Co's Days Sales Outstanding increased from Mar. 2023 (65.59) to Mar. 2024 (73.33).

Shenzhen Kingdom Sci-tech Co Days Sales Outstanding Historical Data

The historical data trend for Shenzhen Kingdom Sci-tech 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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Shenzhen Kingdom Sci-tech Co Days Sales Outstanding Chart

Shenzhen Kingdom Sci-tech Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

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51.11

36.95

37.77

50.27

54.34

Shenzhen Kingdom Sci-tech Co Quarterly Data
	Jun19	Sep19	Dec19	Mar20	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															65.59	58.42	68.67	39.74	73.33

Competitive Comparison of Shenzhen Kingdom Sci-tech Co's Days Sales Outstanding

For the Software - Application subindustry, Shenzhen Kingdom Sci-tech 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.

Shenzhen Kingdom Sci-tech Co's Days Sales Outstanding Distribution in the Software Industry

For the Software industry and Technology sector, Shenzhen Kingdom Sci-tech Co's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where Shenzhen Kingdom Sci-tech Co's Days Sales Outstanding falls into.

Shenzhen Kingdom Sci-tech 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.

Shenzhen Kingdom Sci-tech 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
=	( (944.561	+	907.628)	/	2 )	/	6220.952	*	365
=	926.0945					/	6220.952	*	365
=	54.34

Shenzhen Kingdom Sci-tech 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
=	( (907.628	+	842.299)	/	2 )	/	1088.806	*	365 / 4
=	874.9635					/	1088.806	*	365 / 4
=	73.33

Shenzhen Kingdom Sci-tech Co (SHSE:600446) Days Sales Outstanding Explanation

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

Shenzhen Kingdom Sci-tech Co Days Sales Outstanding Related Terms

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Shenzhen Kingdom Sci-tech Co (SHSE:600446) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Shenzhen Kingdom Sci-tech Co Ltd (SHSE:600446) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

N/A

Address

the 9th high-South Road, Shenzhen Science and Technology Parks, Nanshan District, Shenzhen, CHN, 518026

Website

http://www.szkingdom.com

Shenzhen Kingdom Sci-tech Co Ltd operates as a financial technology company in China. It offers software in the fields of securities, funds, banking, futures, insurance, trust, integrated finance, and regulatory agencies.

Executives

Wang Hai Hang	senior management
Zhong Gui Quan	senior management
Zhao Jian	Director
Xu Min Bo	Director
Zhang Hai Long	senior management
Zhou Zhi Chao	senior management
Wang Qing Ruo	senior management
Du Xuan	Director
Li Jie Yi	Director
Liu Ying	Supervisors
Yin Ming	senior management
Li Shi Cong	Supervisors
Liu Xiong Ren	Supervisors
Wu Xiao Lin	senior management
Zhou Yong Hong	senior management

Shenzhen Kingdom Sci-tech Co (SHSE:600446) Headlines

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