Tianjin 712 Communication & Broadcasting Co (SHSE:603712) Days Sales Outstanding : 610.89 (As of Mar. 2024)

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What is Tianjin 712 Communication & Broadcasting Co Days Sales Outstanding?

Tianjin 712 Communication & Broadcasting Co's average Accounts Receivable for the three months ended in Mar. 2024 was ¥3,279 Mil. Tianjin 712 Communication & Broadcasting Co's Revenue for the three months ended in Mar. 2024 was ¥490 Mil. Hence, Tianjin 712 Communication & Broadcasting Co's Days Sales Outstanding for the three months ended in Mar. 2024 was 610.89.

The historical rank and industry rank for Tianjin 712 Communication & Broadcasting Co's Days Sales Outstanding or its related term are showing as below:

SHSE:603712' s Days Sales Outstanding Range Over the Past 10 Years
Min: 132.41 Med: 205.99 Max: 371.11
Current: 371.11

During the past 11 years, Tianjin 712 Communication & Broadcasting Co's highest Days Sales Outstanding was 371.11. The lowest was 132.41. And the median was 205.99.

SHSE:603712's Days Sales Outstanding is ranked worse than
98.21% of 2460 companies
in the Hardware industry
Industry Median: 74.5 vs SHSE:603712: 371.11

Tianjin 712 Communication & Broadcasting Co's Days Sales Outstanding increased from Mar. 2023 (554.46) to Mar. 2024 (610.89).

Warning Sign:

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

Tianjin 712 Communication & Broadcasting Co Days Sales Outstanding Historical Data

The historical data trend for Tianjin 712 Communication & Broadcasting 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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Tianjin 712 Communication & Broadcasting Co Days Sales Outstanding Chart

Tianjin 712 Communication & Broadcasting Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

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213.09

199.12

185.74

212.86

340.14

Tianjin 712 Communication & Broadcasting 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															554.46	324.01	368.96	319.92	610.89

Competitive Comparison of Tianjin 712 Communication & Broadcasting Co's Days Sales Outstanding

For the Communication Equipment subindustry, Tianjin 712 Communication & Broadcasting 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.

Tianjin 712 Communication & Broadcasting Co's Days Sales Outstanding Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Tianjin 712 Communication & Broadcasting Co's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where Tianjin 712 Communication & Broadcasting Co's Days Sales Outstanding falls into.

Tianjin 712 Communication & Broadcasting 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.

Tianjin 712 Communication & Broadcasting 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
=	( (2758.442	+	3331.865)	/	2 )	/	3267.735	*	365
=	3045.1535					/	3267.735	*	365
=	340.14

Tianjin 712 Communication & Broadcasting 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
=	( (3331.865	+	3226.505)	/	2 )	/	489.82	*	365 / 4
=	3279.185					/	489.82	*	365 / 4
=	610.89

Tianjin 712 Communication & Broadcasting Co (SHSE:603712) Days Sales Outstanding Explanation

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

Tianjin 712 Communication & Broadcasting Co Days Sales Outstanding Related Terms

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Tianjin 712 Communication & Broadcasting Co (SHSE:603712) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Tianjin 712 Communication & Broadcasting Co Ltd (SHSE:603712) » Definitions » Days Sales Outstanding

Traded in Other Exchanges

N/A

Address

No. 141 North Main Street, Tianjin Economic and Technological Development Zone, West District, Tianjin, CHN, 300462

Website

http://www.712.cn

Tianjin 712 Communication & Broadcasting Co Ltd is a Chinese based company operates in communication equipment business. It is primarily involved in the research, development, production, and precision electronic product processing of civil communication equipment, trunking mobile communication system, maritime communication products, digital walkie-talkie and train wireless dispatching communication system equipment. Geographically, the operations are carried out through China.

Executives

Zhang Bao Zhu	senior management
Zhang Feng Xia	Supervisors
Xiao Peng	senior management
Pang Hui	Directors, senior managers
Ma Yan	senior management
Zhang Xin	Supervisors
Wang Bao	Director

Tianjin 712 Communication & Broadcasting Co (SHSE:603712) Headlines

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