Zbit Semiconductor (SHSE:688416) Days Sales Outstanding : 126.80 (As of Mar. 2024)

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What is Zbit Semiconductor Days Sales Outstanding?

Zbit Semiconductor's average Accounts Receivable for the three months ended in Mar. 2024 was ¥111.9 Mil. Zbit Semiconductor's Revenue for the three months ended in Mar. 2024 was ¥80.5 Mil. Hence, Zbit Semiconductor's Days Sales Outstanding for the three months ended in Mar. 2024 was 126.80.

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

SHSE:688416' s Days Sales Outstanding Range Over the Past 10 Years
Min: 21.17 Med: 40.07 Max: 112.59
Current: 104.94

During the past 6 years, Zbit Semiconductor's highest Days Sales Outstanding was 112.59. The lowest was 21.17. And the median was 40.07.

SHSE:688416's Days Sales Outstanding is ranked worse than
82.69% of 982 companies
in the Semiconductors industry
Industry Median: 62.495 vs SHSE:688416: 104.94

Zbit Semiconductor's Days Sales Outstanding increased from Mar. 2023 (97.87) to Mar. 2024 (126.80).

Warning Sign:

If a company's sales outstanding increases, it means it has difficulty collecting payments from its customers.

Zbit Semiconductor Days Sales Outstanding Historical Data

The historical data trend for Zbit 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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Zbit Semiconductor Days Sales Outstanding Chart

Zbit Semiconductor Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

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37.88

42.17

21.17

45.53

112.59

Zbit Semiconductor 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											97.87	84.03	107.65	97.65	126.80

Competitive Comparison of Zbit Semiconductor's Days Sales Outstanding

For the Semiconductors subindustry, Zbit 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.

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

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

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

Zbit 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.

Zbit 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
=	( (82.207	+	106.468)	/	2 )	/	305.839	*	365
=	94.3375					/	305.839	*	365
=	112.59

Zbit 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
=	( (106.468	+	117.296)	/	2 )	/	80.512	*	365 / 4
=	111.882					/	80.512	*	365 / 4
=	126.80

Zbit Semiconductor (SHSE:688416) Days Sales Outstanding Explanation

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

Zbit Semiconductor Days Sales Outstanding Related Terms

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Zbit Semiconductor (SHSE:688416) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » Zbit Semiconductor Inc (SHSE:688416) » Definitions » Days Sales Outstanding

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Address

Northwest of the intersection of Tianshui Road and Taihe Road, Luyang University of Science and Technology Alumni Enterprise Innovation Park, Building 11, Luyang District, Anhui Province, Hefei, CHN, 230041

Website

http://www.zbitsemi.com

Zbit Semiconductor Inc is engaged in the research and development, design and sales of memory chips and MCU chips. The company's main products include NOR Flash memory chips and general-purpose 32-bit MCU chips based on Arm Cortex-M0+ core architecture.

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