Konka Group Co (SZSE:000016) Days Sales Outstanding : 63.48 (As of Mar. 2024)

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What is Konka Group Co Days Sales Outstanding?

Konka Group Co's average Accounts Receivable for the three months ended in Mar. 2024 was ¥1,713 Mil. Konka Group Co's Revenue for the three months ended in Mar. 2024 was ¥2,463 Mil. Hence, Konka Group Co's Days Sales Outstanding for the three months ended in Mar. 2024 was 63.48.

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

SZSE:000016' s Days Sales Outstanding Range Over the Past 10 Years
Min: 27.12 Med: 33.56 Max: 45.76
Current: 45.76

During the past 13 years, Konka Group Co's highest Days Sales Outstanding was 45.76. The lowest was 27.12. And the median was 33.56.

SZSE:000016's Days Sales Outstanding is ranked better than
81.81% of 2457 companies
in the Hardware industry
Industry Median: 74.44 vs SZSE:000016: 45.76

Konka Group Co's Days Sales Outstanding increased from Mar. 2023 (40.93) to Mar. 2024 (63.48).

Konka Group Co Days Sales Outstanding Historical Data

The historical data trend for Konka Group 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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Konka Group Co Days Sales Outstanding Chart

Konka Group Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

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27.35

27.93

27.12

33.50

38.48

Konka Group 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															40.93	32.47	44.88	60.96	63.48

Competitive Comparison of Konka Group Co's Days Sales Outstanding

For the Consumer Electronics subindustry, Konka Group 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.

Konka Group Co's Days Sales Outstanding Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Konka Group Co's Days Sales Outstanding distribution charts can be found below:

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

Konka Group 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.

Konka Group 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
=	( (2036.735	+	1726.546)	/	2 )	/	17849.331	*	365
=	1881.6405					/	17849.331	*	365
=	38.48

Konka Group 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
=	( (1726.546	+	1699.616)	/	2 )	/	2462.543	*	365 / 4
=	1713.081					/	2462.543	*	365 / 4
=	63.48

Konka Group Co (SZSE:000016) Days Sales Outstanding Explanation

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

Konka Group Co Days Sales Outstanding Related Terms

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Konka Group Co (SZSE:000016) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Konka Group Co Ltd (SZSE:000016) » Definitions » Days Sales Outstanding

Traded in Other Exchanges

200016:China

Address

28 Keji South Twelfth Road, Yuehai Street, 15-24th Floor, Konka R&D Center, Science and Technology Park, Nanshan District, Guangdong Province, Shenzhen, CHN, 518057

Website

http://www.konka.com

Konka Group Co Ltd operates in the consumer electronics industry of China. The company sells its goods primarily in China, but a portion of its sales are from overseas markets. Most of its revenue is derived from the business-to-business sale of various color TV models including Smart TVs, LED TVs, 4K TVs, and OLED TVs. Its secondary source of revenue is obtained from the manufacture and sale of mobile phones and appliances such as refrigerators, washing machines, air conditioners, and freezers. The Konka Group also develops and maintains software technologies, produces and distributes molds and plastic products, and provides digital network products.

Executives

Zhou Bin	Executives
Zhang Guang Hui	Supervisors
Huo Jun	Director

Konka Group Co (SZSE:000016) Headlines

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