Shentong Technology Group Co (SHSE:605228) Days Sales Outstanding : 149.21 (As of Mar. 2024)

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What is Shentong Technology Group Co Days Sales Outstanding?

Shentong Technology Group Co's average Accounts Receivable for the three months ended in Mar. 2024 was ¥491 Mil. Shentong Technology Group Co's Revenue for the three months ended in Mar. 2024 was ¥300 Mil. Hence, Shentong Technology Group Co's Days Sales Outstanding for the three months ended in Mar. 2024 was 149.21.

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

SHSE:605228' s Days Sales Outstanding Range Over the Past 10 Years
Min: 62.58 Med: 81 Max: 98.39
Current: 96.34

During the past 8 years, Shentong Technology Group Co's highest Days Sales Outstanding was 98.39. The lowest was 62.58. And the median was 81.00.

SHSE:605228's Days Sales Outstanding is ranked worse than
83.49% of 1272 companies
in the Vehicles & Parts industry
Industry Median: 60.165 vs SHSE:605228: 96.34

Shentong Technology Group Co's Days Sales Outstanding increased from Mar. 2023 (104.73) to Mar. 2024 (149.21).

Shentong Technology Group Co Days Sales Outstanding Historical Data

The historical data trend for Shentong Technology Group 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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Shentong Technology Group Co Days Sales Outstanding Chart

Shentong Technology Group Co Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

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79.27

82.73

85.09

83.63

98.39

Shentong Technology Group 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															104.73	95.41	104.25	71.31	149.21

Competitive Comparison of Shentong Technology Group Co's Days Sales Outstanding

For the Auto Parts subindustry, Shentong Technology Group 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.

Shentong Technology Group Co's Days Sales Outstanding Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Shentong Technology Group Co's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where Shentong Technology Group Co's Days Sales Outstanding falls into.

Shentong Technology Group 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.

Shentong Technology Group 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
=	( (346.972	+	536.074)	/	2 )	/	1637.933	*	365
=	441.523					/	1637.933	*	365
=	98.39

Shentong Technology Group 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
=	( (536.074	+	446.302)	/	2 )	/	300.391	*	365 / 4
=	491.188					/	300.391	*	365 / 4
=	149.21

Shentong Technology Group Co (SHSE:605228) Days Sales Outstanding Explanation

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

Shentong Technology Group Co Days Sales Outstanding Related Terms

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Shentong Technology Group Co (SHSE:605228) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Shentong Technology Group Co Ltd (SHSE:605228) » Definitions » Days Sales Outstanding

Traded in Other Exchanges

N/A

Address

No. 788, Tanjialing West Road, Lanjiang Street, Zhejiang Province, Yuyao, CHN, 315400

Website

http://www.shentong-china.com

Shentong Technology Group Co Ltd is engaged in the research and development, production and sales of automotive non-metallic parts and molds. The main products include automotive powertrain parts, interior and exterior trim parts and molds.

Executives

Wu Chao	senior management
Zhu Chun Ya	Directors, senior managers
Zhou Bao Cong	Director
Wang Huan	Director

Shentong Technology Group Co (SHSE:605228) Headlines

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