Guangdong Fuxin Technology Co (SHSE:688662) Days Sales Outstanding : 50.25 (As of Mar. 2024)

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What is Guangdong Fuxin Technology Co Days Sales Outstanding?

Guangdong Fuxin Technology Co's average Accounts Receivable for the three months ended in Mar. 2024 was ¥59.3 Mil. Guangdong Fuxin Technology Co's Revenue for the three months ended in Mar. 2024 was ¥107.7 Mil. Hence, Guangdong Fuxin Technology Co's Days Sales Outstanding for the three months ended in Mar. 2024 was 50.25.

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

SHSE:688662' s Days Sales Outstanding Range Over the Past 10 Years
Min: 36.85 Med: 61.54 Max: 80.22
Current: 65.28

During the past 7 years, Guangdong Fuxin Technology Co's highest Days Sales Outstanding was 80.22. The lowest was 36.85. And the median was 61.54.

SHSE:688662's Days Sales Outstanding is ranked worse than
53.46% of 982 companies
in the Semiconductors industry
Industry Median: 62.61 vs SHSE:688662: 65.28

Guangdong Fuxin Technology Co's Days Sales Outstanding declined from Mar. 2023 (88.13) to Mar. 2024 (50.25).

Guangdong Fuxin Technology Co Days Sales Outstanding Historical Data

The historical data trend for Guangdong Fuxin 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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Guangdong Fuxin Technology Co Days Sales Outstanding Chart

Guangdong Fuxin Technology Co Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

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61.60

61.54

69.21

80.22

58.59

Guangdong Fuxin Technology Co Quarterly Data
	Dec18	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															88.13	72.59	63.58	63.15	50.25

Competitive Comparison of Guangdong Fuxin Technology Co's Days Sales Outstanding

For the Semiconductors subindustry, Guangdong Fuxin 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.

Guangdong Fuxin Technology Co's Days Sales Outstanding Distribution in the Semiconductors Industry

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

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

Guangdong Fuxin 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.

Guangdong Fuxin 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
=	( (77.047	+	51.249)	/	2 )	/	399.591	*	365
=	64.148					/	399.591	*	365
=	58.59

Guangdong Fuxin 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
=	( (51.249	+	67.415)	/	2 )	/	107.742	*	365 / 4
=	59.332					/	107.742	*	365 / 4
=	50.25

Guangdong Fuxin Technology Co (SHSE:688662) Days Sales Outstanding Explanation

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

Guangdong Fuxin Technology Co Days Sales Outstanding Related Terms

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Guangdong Fuxin Technology Co (SHSE:688662) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » Guangdong Fuxin Technology Co Ltd (SHSE:688662) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 20, Keyuan 3rd Road, Shunde High-tech Zone (Ronggui), Guangdong Province, Foshan, CHN, 528305

Website

http://www.fuxin-cn.com

Guangdong Fuxin Technology Co Ltd is engaged in the research and development, design, manufacturing and sales of semiconductor thermoelectric devices and thermoelectric systems and thermoelectric machine application products such as wine coolers, refrigerators, ice cream makers, mattresses, beer coolers, dehumidifiers, milk coolers and others.

Executives

Gao Jun Ling	Core technical personnel
Cao Wei Qiang	Director
Hong Yun	Director
Wang Zhang He	Supervisors
Liang Jing Xin	Supervisors

Guangdong Fuxin Technology Co (SHSE:688662) Headlines

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