Opple Lighting Co (SHSE:603515) Days Sales Outstanding : 34.17 (As of Mar. 2024)

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What is Opple Lighting Co Days Sales Outstanding?

Opple Lighting Co's average Accounts Receivable for the three months ended in Mar. 2024 was ¥593 Mil. Opple Lighting Co's Revenue for the three months ended in Mar. 2024 was ¥1,583 Mil. Hence, Opple Lighting Co's Days Sales Outstanding for the three months ended in Mar. 2024 was 34.17.

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

SHSE:603515' s Days Sales Outstanding Range Over the Past 10 Years
Min: 13.4 Med: 19.86 Max: 29.57
Current: 29.57

During the past 13 years, Opple Lighting Co's highest Days Sales Outstanding was 29.57. The lowest was 13.40. And the median was 19.86.

SHSE:603515's Days Sales Outstanding is ranked better than
82.94% of 422 companies
in the Furnishings, Fixtures & Appliances industry
Industry Median: 53.205 vs SHSE:603515: 29.57

Opple Lighting Co's Days Sales Outstanding declined from Mar. 2023 (37.92) to Mar. 2024 (34.17).

Opple Lighting Co Days Sales Outstanding Historical Data

The historical data trend for Opple Lighting 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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Opple Lighting Co Days Sales Outstanding Chart

Opple Lighting Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

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22.67

20.54

18.19

26.83

29.45

Opple Lighting 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															37.92	29.42	31.93	26.45	34.17

Competitive Comparison of Opple Lighting Co's Days Sales Outstanding

For the Furnishings, Fixtures & Appliances subindustry, Opple Lighting 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.

Opple Lighting Co's Days Sales Outstanding Distribution in the Furnishings, Fixtures & Appliances Industry

For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, Opple Lighting Co's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where Opple Lighting Co's Days Sales Outstanding falls into.

Opple Lighting 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.

Opple Lighting 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
=	( (623.502	+	634.453)	/	2 )	/	7794.988	*	365
=	628.9775					/	7794.988	*	365
=	29.45

Opple Lighting 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
=	( (634.453	+	551.031)	/	2 )	/	1583.099	*	365 / 4
=	592.742					/	1583.099	*	365 / 4
=	34.17

Opple Lighting Co (SHSE:603515) Days Sales Outstanding Explanation

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

Opple Lighting Co Days Sales Outstanding Related Terms

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Opple Lighting Co (SHSE:603515) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Furnishings, Fixtures & Appliances » Opple Lighting Co Ltd (SHSE:603515) » Definitions » Days Sales Outstanding

Traded in Other Exchanges

N/A

Address

The MIXC, Lane 1799, Wuzhong Road, Building 3, Minhang District, Shanghai, CHN, 201103

Website

http://www.opple.com.cn

Opple Lighting Co Ltd is a China-based integrated lighting manufacturing company. It offers electrical appliances to large-scale commercial lighting solutions. The products of the company are LED light source, LED home luminaires and LED professional luminaires. Its other products range from lamps and ceiling fixtures to electrical appliances.

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