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Luster LightTech Co (SHSE:688400) Days Sales Outstanding : 214.98 (As of Mar. 2024)


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What is Luster LightTech Co Days Sales Outstanding?

Luster LightTech Co's average Accounts Receivable for the three months ended in Mar. 2024 was ¥1,045 Mil. Luster LightTech Co's Revenue for the three months ended in Mar. 2024 was ¥443 Mil. Hence, Luster LightTech Co's Days Sales Outstanding for the three months ended in Mar. 2024 was 214.98.

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

SHSE:688400' s Days Sales Outstanding Range Over the Past 10 Years
Min: 103.4   Med: 117.41   Max: 164.66
Current: 152.21

During the past 6 years, Luster LightTech Co's highest Days Sales Outstanding was 164.66. The lowest was 103.40. And the median was 117.41.

SHSE:688400's Days Sales Outstanding is ranked worse than
84.85% of 2957 companies
in the Industrial Products industry
Industry Median: 79.65 vs SHSE:688400: 152.21

Luster LightTech Co's Days Sales Outstanding increased from Mar. 2023 (188.36) to Mar. 2024 (214.98).


Luster LightTech Co Days Sales Outstanding Historical Data

The historical data trend for Luster LightTech 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.

* Premium members only.

Luster LightTech Co Days Sales Outstanding Chart

Luster LightTech Co Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Sales Outstanding
Get a 7-Day Free Trial 114.71 103.56 103.40 138.22 164.66

Luster LightTech Co Quarterly Data
Dec18 Dec19 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Days Sales Outstanding Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 188.36 126.68 155.21 145.33 214.98

Competitive Comparison of Luster LightTech Co's Days Sales Outstanding

For the Specialty Industrial Machinery subindustry, Luster LightTech 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.


Luster LightTech Co's Days Sales Outstanding Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Luster LightTech Co's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where Luster LightTech Co's Days Sales Outstanding falls into.



Luster LightTech 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.

Luster LightTech 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
=( (1261.037 + 1121.734) / 2 ) / 2640.931*365
=1191.3855 / 2640.931*365
=164.66

Luster LightTech 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
=( (1121.734 + 967.637) / 2 ) / 443.427*365 / 4
=1044.6855 / 443.427*365 / 4
=214.98

* 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.


Luster LightTech Co  (SHSE:688400) Days Sales Outstanding Explanation

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


Luster LightTech Co Days Sales Outstanding Related Terms

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Luster LightTech Co (SHSE:688400) Business Description

Traded in Other Exchanges
N/A
Address
Cuihu South Ring Road, Room 701, 7th Floor, Building 7, Yard 13, Haidian District, Beijing, CHN, 100094
Luster LightTech Co Ltd is based on optical technology innovation, develops business around machine vision and fiber optics, and is committed to becoming a global leader in the field of visual artificial intelligence and optoelectronic information.
Executives
Yin Yong Qiang senior management
Wang Wen Tao Directors, senior managers

Luster LightTech Co (SHSE:688400) Headlines

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