Wuxi Taiji Industry Co (SHSE:600667) Days Sales Outstanding : 77.78 (As of Mar. 2024)

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What is Wuxi Taiji Industry Co Days Sales Outstanding?

Wuxi Taiji Industry Co's average Accounts Receivable for the three months ended in Mar. 2024 was ¥5,733 Mil. Wuxi Taiji Industry Co's Revenue for the three months ended in Mar. 2024 was ¥6,726 Mil. Hence, Wuxi Taiji Industry Co's Days Sales Outstanding for the three months ended in Mar. 2024 was 77.78.

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

SHSE:600667' s Days Sales Outstanding Range Over the Past 10 Years
Min: 19.15 Med: 60.41 Max: 78.99
Current: 55.24

During the past 13 years, Wuxi Taiji Industry Co's highest Days Sales Outstanding was 78.99. The lowest was 19.15. And the median was 60.41.

SHSE:600667's Days Sales Outstanding is ranked better than
59.88% of 982 companies
in the Semiconductors industry
Industry Median: 62.545 vs SHSE:600667: 55.24

Wuxi Taiji Industry Co's Days Sales Outstanding increased from Mar. 2023 (52.25) to Mar. 2024 (77.78).

Wuxi Taiji Industry Co Days Sales Outstanding Historical Data

The historical data trend for Wuxi Taiji Industry 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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Wuxi Taiji Industry Co Days Sales Outstanding Chart

Wuxi Taiji Industry Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

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68.13

78.99

64.09

47.20

48.66

Wuxi Taiji Industry 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															52.25	50.87	67.72	40.98	77.78

Competitive Comparison of Wuxi Taiji Industry Co's Days Sales Outstanding

For the Semiconductor Equipment & Materials subindustry, Wuxi Taiji Industry 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.

Wuxi Taiji Industry Co's Days Sales Outstanding Distribution in the Semiconductors Industry

For the Semiconductors industry and Technology sector, Wuxi Taiji Industry Co's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where Wuxi Taiji Industry Co's Days Sales Outstanding falls into.

Wuxi Taiji Industry 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.

Wuxi Taiji Industry 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
=	( (4611.986	+	5886.658)	/	2 )	/	39376.754	*	365
=	5249.322					/	39376.754	*	365
=	48.66

Wuxi Taiji Industry 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
=	( (5886.658	+	5579.359)	/	2 )	/	6725.52	*	365 / 4
=	5733.0085					/	6725.52	*	365 / 4
=	77.78

Wuxi Taiji Industry Co (SHSE:600667) Days Sales Outstanding Explanation

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

Wuxi Taiji Industry Co Days Sales Outstanding Related Terms

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Wuxi Taiji Industry Co (SHSE:600667) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » Wuxi Taiji Industry Co Ltd (SHSE:600667) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

N/A

Address

Chendian Bridge South, Jiangsu Province, Wuxi, CHN, 214024

Website

http://www.wxtj.com

Wuxi Taiji Industry Co Ltd is engaged in the business of semiconductor post processing and chemical fibres. The semiconductor post-processing involves in IC chips probe test, packaging assembly, packaging test, module assembly, and test. The chemical fibre business includes polyester industrial yarn, dipped conveyor belt fabric, and dipped tire cord fabric.

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