Willfar Information Technology Co (SHSE:688100) Days Sales Outstanding : 280.72 (As of Mar. 2024)

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What is Willfar Information Technology Co Days Sales Outstanding?

Willfar Information Technology Co's average Accounts Receivable for the three months ended in Mar. 2024 was ¥1,378 Mil. Willfar Information Technology Co's Revenue for the three months ended in Mar. 2024 was ¥448 Mil. Hence, Willfar Information Technology Co's Days Sales Outstanding for the three months ended in Mar. 2024 was 280.72.

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

SHSE:688100' s Days Sales Outstanding Range Over the Past 10 Years
Min: 152.72 Med: 190.53 Max: 328.34
Current: 219.3

During the past 8 years, Willfar Information Technology Co's highest Days Sales Outstanding was 328.34. The lowest was 152.72. And the median was 190.53.

SHSE:688100's Days Sales Outstanding is ranked worse than
91.33% of 2734 companies
in the Software industry
Industry Median: 61.82 vs SHSE:688100: 219.30

Willfar Information Technology Co's Days Sales Outstanding increased from Mar. 2023 (242.71) to Mar. 2024 (280.72).

Willfar Information Technology Co Days Sales Outstanding Historical Data

The historical data trend for Willfar Information Technology 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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Willfar Information Technology Co Days Sales Outstanding Chart

Willfar Information Technology Co Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

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179.70

157.76

152.72

180.11

200.94

Willfar Information Technology 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															242.71	195.06	201.58	228.12	280.72

Competitive Comparison of Willfar Information Technology Co's Days Sales Outstanding

For the Information Technology Services subindustry, Willfar Information Technology 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.

Willfar Information Technology Co's Days Sales Outstanding Distribution in the Software Industry

For the Software industry and Technology sector, Willfar Information Technology Co's Days Sales Outstanding distribution charts can be found below:

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

Willfar Information Technology 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.

Willfar Information Technology 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
=	( (1117.91	+	1332.21)	/	2 )	/	2225.249	*	365
=	1225.06					/	2225.249	*	365
=	200.94

Willfar Information Technology 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
=	( (1332.21	+	1424.728)	/	2 )	/	448.075	*	365 / 4
=	1378.469					/	448.075	*	365 / 4
=	280.72

Willfar Information Technology Co (SHSE:688100) Days Sales Outstanding Explanation

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

Willfar Information Technology Co Days Sales Outstanding Related Terms

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Willfar Information Technology Co (SHSE:688100) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Willfar Information Technology Co Ltd (SHSE:688100) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

N/A

Address

No.468, Tongzipo West Road, High-tech Industrial Development Zone, Hunan Province, Changsha, CHN, 410205

Website

http://www.willfar.com

Willfar Information Technology Co Ltd is engaged in production and sales of software and hardware products at all levels of the Internet of Things, such as electric monitoring terminals, water and gas heat sensing terminals, communication gateways, communication modules, and smart utility management system software.

Executives

Xu Jian	Core technical personnel
Xiao Lin Song	Core technical personnel
Fan Lv	Director, core technical staff
Ma Liang	Core technical personnel
Li Xian Huai	Director, core technical staff
Wang Xue Xin	Director, core technical staff
Zhu Zheng Jian	Core technical personnel
Zhong Xi Yu	senior management
Zhang Zhen Hua	Director
Cheng Li Yan	Supervisors
Li Hong	Director

Willfar Information Technology Co (SHSE:688100) Headlines

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