Guoguang Electric Co (SZSE:002045) Days Sales Outstanding : 87.31 (As of Mar. 2024)

View and export this data going back to 2005. Start your Free Trial

What is Guoguang Electric Co Days Sales Outstanding?

Guoguang Electric Co's average Accounts Receivable for the three months ended in Mar. 2024 was ¥1,214 Mil. Guoguang Electric Co's Revenue for the three months ended in Mar. 2024 was ¥1,269 Mil. Hence, Guoguang Electric Co's Days Sales Outstanding for the three months ended in Mar. 2024 was 87.31.

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

SZSE:002045' s Days Sales Outstanding Range Over the Past 10 Years
Min: 77.47 Med: 99.28 Max: 114.07
Current: 77.47

During the past 13 years, Guoguang Electric Co's highest Days Sales Outstanding was 114.07. The lowest was 77.47. And the median was 99.28.

SZSE:002045's Days Sales Outstanding is ranked worse than
53.24% of 2457 companies
in the Hardware industry
Industry Median: 74.44 vs SZSE:002045: 77.47

Guoguang Electric Co's Days Sales Outstanding declined from Mar. 2023 (114.93) to Mar. 2024 (87.31).

Guoguang Electric Co Days Sales Outstanding Historical Data

The historical data trend for Guoguang Electric 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.

Guoguang Electric Co Days Sales Outstanding Chart

Guoguang Electric Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

Get a 7-Day Free Trial

91.78

101.26

94.87

91.95

93.86

Guoguang Electric 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															114.93	77.20	74.76	86.76	87.31

Competitive Comparison of Guoguang Electric Co's Days Sales Outstanding

For the Consumer Electronics subindustry, Guoguang Electric 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.

Guoguang Electric Co's Days Sales Outstanding Distribution in the Hardware Industry

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

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

Guoguang Electric 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.

Guoguang Electric 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
=	( (1667.055	+	1384.51)	/	2 )	/	5933.17	*	365
=	1525.7825					/	5933.17	*	365
=	93.86

Guoguang Electric 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
=	( (1384.51	+	1043.128)	/	2 )	/	1268.644	*	365 / 4
=	1213.819					/	1268.644	*	365 / 4
=	87.31

Guoguang Electric Co (SZSE:002045) Days Sales Outstanding Explanation

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

Guoguang Electric Co Days Sales Outstanding Related Terms

Thank you for viewing the detailed overview of Guoguang Electric Co's Days Sales Outstanding provided by GuruFocus.com. Please click on the following links to see related term pages.

Guoguang Electric Co (SZSE:002045) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Guoguang Electric Co Ltd (SZSE:002045) » Definitions » Days Sales Outstanding

Traded in Other Exchanges

N/A

Address

8th Avenue, Guangzhou Xinya Mirror Lake Street, Huadu District, Guangdong, Guangzhou, CHN, 510800

Website

http://www.ggec.com.cn

Guoguang Electric Co Ltd is engaged in manufacturing electro-acoustic and electronic products in China. The product portfolio of the company includes audio accessories, speaker units, audio systems, digital amplifiers, and polymer lithium batteries.

Executives

Tan Guang Rong	Independent director
Liu Jie Sheng	Independent director
Huang Jin Rong	Director
Wen Di	Supervisors
Zhou Hai Chang	Director
Ling Qin	Directors, executives
Chen Jin Qi	Director
Shen Jian Min	Executives

Guoguang Electric Co (SZSE:002045) Headlines

No Headlines