Nexchip Semiconductor (SHSE:688249) Days Sales Outstanding : 33.84 (As of Mar. 2024)

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What is Nexchip Semiconductor Days Sales Outstanding?

Nexchip Semiconductor's average Accounts Receivable for the three months ended in Mar. 2024 was ¥826 Mil. Nexchip Semiconductor's Revenue for the three months ended in Mar. 2024 was ¥2,228 Mil. Hence, Nexchip Semiconductor's Days Sales Outstanding for the three months ended in Mar. 2024 was 33.84.

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

SHSE:688249' s Days Sales Outstanding Range Over the Past 10 Years
Min: 26.43 Med: 42.9 Max: 143.45
Current: 31.44

During the past 6 years, Nexchip Semiconductor's highest Days Sales Outstanding was 143.45. The lowest was 26.43. And the median was 42.90.

SHSE:688249's Days Sales Outstanding is ranked better than
88.8% of 982 companies
in the Semiconductors industry
Industry Median: 62.545 vs SHSE:688249: 31.44

Nexchip Semiconductor's Days Sales Outstanding declined from Mar. 2023 (40.02) to Mar. 2024 (33.84).

Nexchip Semiconductor Days Sales Outstanding Historical Data

The historical data trend for Nexchip Semiconductor'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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Nexchip Semiconductor Days Sales Outstanding Chart

Nexchip Semiconductor Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

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65.99

44.98

40.81

26.43

34.36

Nexchip Semiconductor Quarterly Data
	Dec18	Dec19	Dec20	Jun21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Days Sales Outstanding	Get a 7-Day Free Trial									40.02	29.59	33.63	32.70	33.84

Competitive Comparison of Nexchip Semiconductor's Days Sales Outstanding

For the Semiconductors subindustry, Nexchip Semiconductor'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.

Nexchip Semiconductor's Days Sales Outstanding Distribution in the Semiconductors Industry

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

* The bar in red indicates where Nexchip Semiconductor's Days Sales Outstanding falls into.

Nexchip Semiconductor 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.

Nexchip Semiconductor'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
=	( (506.672	+	857.2)	/	2 )	/	7243.541	*	365
=	681.936					/	7243.541	*	365
=	34.36

Nexchip Semiconductor'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
=	( (857.2	+	794.997)	/	2 )	/	2227.893	*	365 / 4
=	826.0985					/	2227.893	*	365 / 4
=	33.84

Nexchip Semiconductor (SHSE:688249) Days Sales Outstanding Explanation

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

Nexchip Semiconductor Days Sales Outstanding Related Terms

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Nexchip Semiconductor (SHSE:688249) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » Nexchip Semiconductor Corp (SHSE:688249) » Definitions » Days Sales Outstanding

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Address

No. 88, West Feihe Road, Hefei Comprehensive Bonded Zone, Xinzhan District, Anhui Province, Hefei, CHN, 230011

Website

https://www.nexchip.com.cn

Nexchip Semiconductor Corp is the first 12-inch wafer foundry enterprise in Anhui Province. The company focuses on semiconductor wafer production and foundry services and is committed to contributing to the improvement of domestic independent and controllable integrated circuit manufacturing capabilities, providing customers with different 150-55nm process technologies, and will introduce more advanced process technologies in the future. It is engaged in Research and development, production and sales of integrated circuit-related products and supporting products.

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