Arctech Solar Holding Co (SHSE:688408) Days Sales Outstanding : 53.31 (As of Mar. 2024)

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What is Arctech Solar Holding Co Days Sales Outstanding?

Arctech Solar Holding Co's average Accounts Receivable for the three months ended in Mar. 2024 was ¥1,060 Mil. Arctech Solar Holding Co's Revenue for the three months ended in Mar. 2024 was ¥1,814 Mil. Hence, Arctech Solar Holding Co's Days Sales Outstanding for the three months ended in Mar. 2024 was 53.31.

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

SHSE:688408' s Days Sales Outstanding Range Over the Past 10 Years
Min: 31.09 Med: 65.69 Max: 183.11
Current: 39.36

During the past 8 years, Arctech Solar Holding Co's highest Days Sales Outstanding was 183.11. The lowest was 31.09. And the median was 65.69.

SHSE:688408's Days Sales Outstanding is ranked better than
81.98% of 982 companies
in the Semiconductors industry
Industry Median: 62.23 vs SHSE:688408: 39.36

Arctech Solar Holding Co's Days Sales Outstanding increased from Mar. 2023 (51.84) to Mar. 2024 (53.31).

Arctech Solar Holding Co Days Sales Outstanding Historical Data

The historical data trend for Arctech Solar Holding 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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Arctech Solar Holding Co Days Sales Outstanding Chart

Arctech Solar Holding Co Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

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90.81

31.09

37.56

36.88

45.72

Arctech Solar Holding 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															51.84	53.76	44.33	25.40	53.31

Competitive Comparison of Arctech Solar Holding Co's Days Sales Outstanding

For the Solar subindustry, Arctech Solar Holding 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.

Arctech Solar Holding Co's Days Sales Outstanding Distribution in the Semiconductors Industry

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

* The bar in red indicates where Arctech Solar Holding Co's Days Sales Outstanding falls into.

Arctech Solar Holding 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.

Arctech Solar Holding 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
=	( (492.977	+	1107.79)	/	2 )	/	6390.159	*	365
=	800.3835					/	6390.159	*	365
=	45.72

Arctech Solar Holding 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
=	( (1107.79	+	1012.174)	/	2 )	/	1814.205	*	365 / 4
=	1059.982					/	1814.205	*	365 / 4
=	53.31

Arctech Solar Holding Co (SHSE:688408) Days Sales Outstanding Explanation

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

Arctech Solar Holding Co Days Sales Outstanding Related Terms

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Arctech Solar Holding Co (SHSE:688408) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » Arctech Solar Holding Co Ltd (SHSE:688408) » Definitions » Days Sales Outstanding

Traded in Other Exchanges

N/A

Address

2388 Huangpujiang Middle Road, Lujia Town, Jiangsu Province, Kunshan, CHN, 215331

Website

http://www.arctechsolar.in

Arctech Solar Holding Co Ltd is engaged in design, production and sales of photovoltaic brackets. The company manufacturers and provides solutions for solar tracking and racking systems for utilities, commercial, industrial and residential projects. Its products under Tracker include Skyline Tracking System; SkySmart Tracking System; Arctracker Pro with tilted modules; Tilt single axis tracker; and products under Mounting structure include Seasonal Tilt; Dual Pole Solutions; and Single Pole Solutions.

Arctech Solar Holding Co (SHSE:688408) Headlines

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