CETC Chips Technology (SHSE:600877) Days Sales Outstanding : 453.52 (As of Mar. 2024)

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What is CETC Chips Technology Days Sales Outstanding?

CETC Chips Technology's average Accounts Receivable for the three months ended in Mar. 2024 was ¥1,002 Mil. CETC Chips Technology's Revenue for the three months ended in Mar. 2024 was ¥202 Mil. Hence, CETC Chips Technology's Days Sales Outstanding for the three months ended in Mar. 2024 was 453.52.

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

SHSE:600877' s Days Sales Outstanding Range Over the Past 10 Years
Min: 19.04 Med: 96.74 Max: 224.5
Current: 224.5

During the past 13 years, CETC Chips Technology's highest Days Sales Outstanding was 224.50. The lowest was 19.04. And the median was 96.74.

SHSE:600877's Days Sales Outstanding is ranked worse than
95.62% of 982 companies
in the Semiconductors industry
Industry Median: 62.545 vs SHSE:600877: 224.50

CETC Chips Technology's Days Sales Outstanding increased from Mar. 2023 (361.71) to Mar. 2024 (453.52).

Warning Sign:

If a company's sales outstanding increases, it means it has difficulty collecting payments from its customers.

CETC Chips Technology Days Sales Outstanding Historical Data

The historical data trend for CETC Chips Technology'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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CETC Chips Technology Days Sales Outstanding Chart

CETC Chips Technology Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

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113.29

83.02

148.46

185.72

224.00

CETC Chips Technology 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															361.71	227.05	290.41	127.66	453.52

Competitive Comparison of CETC Chips Technology's Days Sales Outstanding

For the Semiconductors subindustry, CETC Chips Technology'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.

CETC Chips Technology's Days Sales Outstanding Distribution in the Semiconductors Industry

For the Semiconductors industry and Technology sector, CETC Chips Technology's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where CETC Chips Technology's Days Sales Outstanding falls into.

CETC Chips Technology 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.

CETC Chips Technology'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
=	( (869.09	+	1001.65)	/	2 )	/	1524.151	*	365
=	935.37					/	1524.151	*	365
=	224.00

CETC Chips Technology'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
=	( (1001.65	+	1002.86)	/	2 )	/	201.659	*	365 / 4
=	1002.255					/	201.659	*	365 / 4
=	453.52

CETC Chips Technology (SHSE:600877) Days Sales Outstanding Explanation

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

CETC Chips Technology Days Sales Outstanding Related Terms

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CETC Chips Technology (SHSE:600877) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » CETC Chips Technology Inc (SHSE:600877) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

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Address

No. 111, Yongjia Avenue, Biquan Street, Bishan District, Chongqing, CHN, 401331

Website

http://www.cetcec.com

CETC Chips Technology Inc is engaged in the design, research and development, manufacture, testing and sales of silicon-based analog semiconductor chips and their application products.

CETC Chips Technology (SHSE:600877) Headlines

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