China Chippacking Technology Co (SHSE:688216) Days Sales Outstanding : 72.91 (As of Mar. 2024)

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What is China Chippacking Technology Co Days Sales Outstanding?

China Chippacking Technology Co's average Accounts Receivable for the three months ended in Mar. 2024 was ¥98.7 Mil. China Chippacking Technology Co's Revenue for the three months ended in Mar. 2024 was ¥123.6 Mil. Hence, China Chippacking Technology Co's Days Sales Outstanding for the three months ended in Mar. 2024 was 72.91.

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

SHSE:688216' s Days Sales Outstanding Range Over the Past 10 Years
Min: 48.05 Med: 64.04 Max: 70.88
Current: 61.05

During the past 12 years, China Chippacking Technology Co's highest Days Sales Outstanding was 70.88. The lowest was 48.05. And the median was 64.04.

SHSE:688216's Days Sales Outstanding is ranked better than
52.75% of 982 companies
in the Semiconductors industry
Industry Median: 62.61 vs SHSE:688216: 61.05

China Chippacking Technology Co's Days Sales Outstanding declined from Mar. 2023 (89.58) to Mar. 2024 (72.91).

China Chippacking Technology Co Days Sales Outstanding Historical Data

The historical data trend for China Chippacking 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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China Chippacking Technology Co Days Sales Outstanding Chart

China Chippacking Technology Co Annual Data

Trend

Dec13

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

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64.57

59.84

48.05

70.88

69.25

China Chippacking Technology Co Quarterly Data
	Dec18	Mar19	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															89.58	56.48	58.12	64.86	72.91

Competitive Comparison of China Chippacking Technology Co's Days Sales Outstanding

For the Semiconductors subindustry, China Chippacking 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.

China Chippacking Technology Co's Days Sales Outstanding Distribution in the Semiconductors Industry

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

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

China Chippacking 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.

China Chippacking 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
=	( (100.624	+	109.71)	/	2 )	/	554.296	*	365
=	105.167					/	554.296	*	365
=	69.25

China Chippacking 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
=	( (109.71	+	87.768)	/	2 )	/	123.58	*	365 / 4
=	98.739					/	123.58	*	365 / 4
=	72.91

China Chippacking Technology Co (SHSE:688216) Days Sales Outstanding Explanation

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

China Chippacking Technology Co Days Sales Outstanding Related Terms

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China Chippacking Technology Co (SHSE:688216) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » China Chippacking Technology Co Ltd (SHSE:688216) » Definitions » Days Sales Outstanding

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Traded in Other Exchanges

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Address

No. 250, Pinglong West Road, Pinghu Street, Room 301-2, Longgang District, Guangdong, Shenzhen, CHN, 523330

Website

http://www.chippacking.com

China Chippacking Technology Co Ltd is engaged in the integrated circuit packaging and testing, and providing packaging technology solutions.

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