Suzhou Nanomicro Technology Co (SHSE:688690) Days Sales Outstanding : 134.28 (As of Mar. 2024)

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What is Suzhou Nanomicro Technology Co Days Sales Outstanding?

Suzhou Nanomicro Technology Co's average Accounts Receivable for the three months ended in Mar. 2024 was ¥226.8 Mil. Suzhou Nanomicro Technology Co's Revenue for the three months ended in Mar. 2024 was ¥154.1 Mil. Hence, Suzhou Nanomicro Technology Co's Days Sales Outstanding for the three months ended in Mar. 2024 was 134.28.

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

SHSE:688690' s Days Sales Outstanding Range Over the Past 10 Years
Min: 59.41 Med: 82.63 Max: 139.16
Current: 139.16

During the past 7 years, Suzhou Nanomicro Technology Co's highest Days Sales Outstanding was 139.16. The lowest was 59.41. And the median was 82.63.

SHSE:688690's Days Sales Outstanding is ranked worse than
92.23% of 1519 companies
in the Chemicals industry
Industry Median: 63.74 vs SHSE:688690: 139.16

Suzhou Nanomicro Technology Co's Days Sales Outstanding declined from Mar. 2023 (153.04) to Mar. 2024 (134.28).

Warning Sign:

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

Suzhou Nanomicro Technology Co Days Sales Outstanding Historical Data

The historical data trend for Suzhou Nanomicro 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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Suzhou Nanomicro Technology Co Days Sales Outstanding Chart

Suzhou Nanomicro Technology Co Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

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84.30

76.13

59.41

83.86

133.13

Suzhou Nanomicro Technology Co Quarterly Data
	Dec17	Dec18	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															153.04	128.45	144.71	149.74	134.28

Competitive Comparison of Suzhou Nanomicro Technology Co's Days Sales Outstanding

For the Chemicals subindustry, Suzhou Nanomicro 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.

Suzhou Nanomicro Technology Co's Days Sales Outstanding Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Suzhou Nanomicro Technology Co's Days Sales Outstanding distribution charts can be found below:

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

Suzhou Nanomicro 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.

Suzhou Nanomicro 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
=	( (230.793	+	197.306)	/	2 )	/	586.865	*	365
=	214.0495					/	586.865	*	365
=	133.13

Suzhou Nanomicro 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
=	( (197.306	+	256.212)	/	2 )	/	154.099	*	365 / 4
=	226.759					/	154.099	*	365 / 4
=	134.28

Suzhou Nanomicro Technology Co (SHSE:688690) Days Sales Outstanding Explanation

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

Suzhou Nanomicro Technology Co Days Sales Outstanding Related Terms

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Suzhou Nanomicro Technology Co (SHSE:688690) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Suzhou Nanomicro Technology Co Ltd (SHSE:688690) » Definitions » Days Sales Outstanding

Traded in Other Exchanges

N/A

Address

No. 2, Baichuan Street, Industrial Park, Jiangsu Province, Suzhou, CHN

Website

http://www.nanomicrotech.com

Suzhou Nanomicro Technology Co Ltd is engaged in the high-performance nano-microsphere materials research and development, large-scale production, sales and application services.

Executives

	Core technical personnel
	Senior management, core technical personnel
Lin Sheng Yue	Director, core technical staff
Zhao Shun	Director
Hua Xiao Feng	senior management
Wang Dong	senior management
	Director, core technical staff
Wu Ai Jun	senior management
	Senior management, core technical personnel
Mou Yi Ping	Directors, senior managers
Mi Jian Qiu	senior management
Yu Xiu Zhen	Supervisors
	senior management

Suzhou Nanomicro Technology Co (SHSE:688690) Headlines

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