Shenzhen Best of Best Holdings Co (SZSE:001298) Days Sales Outstanding : 68.54 (As of Mar. 2024)

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What is Shenzhen Best of Best Holdings Co Days Sales Outstanding?

Shenzhen Best of Best Holdings Co's average Accounts Receivable for the three months ended in Mar. 2024 was ¥1,176 Mil. Shenzhen Best of Best Holdings Co's Revenue for the three months ended in Mar. 2024 was ¥1,566 Mil. Hence, Shenzhen Best of Best Holdings Co's Days Sales Outstanding for the three months ended in Mar. 2024 was 68.54.

The historical rank and industry rank for Shenzhen Best of Best Holdings Co's Days Sales Outstanding or its related term are showing as below:

SZSE:001298' s Days Sales Outstanding Range Over the Past 10 Years
Min: 54.08 Med: 57.26 Max: 69.51
Current: 69.51

During the past 6 years, Shenzhen Best of Best Holdings Co's highest Days Sales Outstanding was 69.51. The lowest was 54.08. And the median was 57.26.

SZSE:001298's Days Sales Outstanding is ranked better than
55.53% of 2460 companies
in the Hardware industry
Industry Median: 74.5 vs SZSE:001298: 69.51

Shenzhen Best of Best Holdings Co's Days Sales Outstanding declined from Mar. 2023 (70.43) to Mar. 2024 (68.54).

Shenzhen Best of Best Holdings Co Days Sales Outstanding Historical Data

The historical data trend for Shenzhen Best of Best Holdings 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.

* Premium members only.

Shenzhen Best of Best Holdings Co Days Sales Outstanding Chart

Shenzhen Best of Best Holdings Co Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

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59.25

57.19

54.08

57.32

62.53

Shenzhen Best of Best Holdings Co Quarterly Data
	Dec18	Dec19	Dec20	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Days Sales Outstanding	Get a 7-Day Free Trial										70.43	63.03	71.96	77.05	68.54

Competitive Comparison of Shenzhen Best of Best Holdings Co's Days Sales Outstanding

For the Electronic Components subindustry, Shenzhen Best of Best Holdings 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.

Shenzhen Best of Best Holdings Co's Days Sales Outstanding Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Shenzhen Best of Best Holdings Co's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where Shenzhen Best of Best Holdings Co's Days Sales Outstanding falls into.

Shenzhen Best of Best Holdings 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.

Shenzhen Best of Best Holdings 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
=	( (937.303	+	1041.487)	/	2 )	/	5775.688	*	365
=	989.395					/	5775.688	*	365
=	62.53

Shenzhen Best of Best Holdings 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
=	( (1041.487	+	1311.016)	/	2 )	/	1566.098	*	365 / 4
=	1176.2515					/	1566.098	*	365 / 4
=	68.54

Shenzhen Best of Best Holdings Co (SZSE:001298) Days Sales Outstanding Explanation

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

Shenzhen Best of Best Holdings Co Days Sales Outstanding Related Terms

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Shenzhen Best of Best Holdings Co (SZSE:001298) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Shenzhen Best of Best Holdings Co Ltd (SZSE:001298) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 1, Qianwan 1st Road, Room 201, Building A, Qianhai Shenzhen-Hong Kong Cooperation Zone, Guangdong Province, Shenzhen, CHN, 518057

Website

http://www.bobholdings.com

Shenzhen Best of Best Holdings Co Ltd is engaged in the sale of electronic components to electronics manufacturers in consumer electronics, IoT, lighting and other applications.

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