Edifier Technology Co (SZSE:002351) Days Sales Outstanding : 27.45 (As of Mar. 2024)

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What is Edifier Technology Co Days Sales Outstanding?

Edifier Technology Co's average Accounts Receivable for the three months ended in Mar. 2024 was ¥204 Mil. Edifier Technology Co's Revenue for the three months ended in Mar. 2024 was ¥679 Mil. Hence, Edifier Technology Co's Days Sales Outstanding for the three months ended in Mar. 2024 was 27.45.

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

SZSE:002351' s Days Sales Outstanding Range Over the Past 10 Years
Min: 13.29 Med: 32.25 Max: 39.49
Current: 29.48

During the past 13 years, Edifier Technology Co's highest Days Sales Outstanding was 39.49. The lowest was 13.29. And the median was 32.25.

SZSE:002351's Days Sales Outstanding is ranked better than
93.25% of 2460 companies
in the Hardware industry
Industry Median: 74.46 vs SZSE:002351: 29.48

Edifier Technology Co's Days Sales Outstanding declined from Mar. 2023 (34.59) to Mar. 2024 (27.45).

Edifier Technology Co Days Sales Outstanding Historical Data

The historical data trend for Edifier 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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Edifier Technology Co Days Sales Outstanding Chart

Edifier Technology Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

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39.49

36.90

34.55

33.83

26.33

Edifier Technology 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															34.59	33.82	34.66	24.96	27.45

Competitive Comparison of Edifier Technology Co's Days Sales Outstanding

For the Consumer Electronics subindustry, Edifier 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.

Edifier Technology Co's Days Sales Outstanding Distribution in the Hardware Industry

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

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

Edifier 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.

Edifier 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
=	( (189.164	+	199.471)	/	2 )	/	2693.636	*	365
=	194.3175					/	2693.636	*	365
=	26.33

Edifier 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
=	( (199.471	+	209.071)	/	2 )	/	679.057	*	365 / 4
=	204.271					/	679.057	*	365 / 4
=	27.45

Edifier Technology Co (SZSE:002351) Days Sales Outstanding Explanation

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

Edifier Technology Co Days Sales Outstanding Related Terms

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Edifier Technology Co (SZSE:002351) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Edifier Technology Co Ltd (SZSE:002351) » Definitions » Days Sales Outstanding

Traded in Other Exchanges

N/A

Address

No.9998 Shennan Road, Unit 9, 22nd Floor, Wanlida Technology Building, Science and Technology Park, Nanshan District, Guangdong, Shenzhen, CHN, 518057

Website

http://www.edifier.com

Edifier Technology Co Ltd, a Chinese company, is principally engaged in the research and development of audio technology and its product applications. The company's core business products are professional multimedia audio and home audio equipment. It offers headphones, bookshelf speakers, computer speakers, TV and Home theater, sound bar, and other products. It sells its products in China and other countries.

Edifier Technology Co (SZSE:002351) Headlines

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