Dongguan Mentech Optical & Magnetic Co (SZSE:002902) Days Sales Outstanding : 114.98 (As of Mar. 2024)

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What is Dongguan Mentech Optical & Magnetic Co Days Sales Outstanding?

Dongguan Mentech Optical & Magnetic Co's average Accounts Receivable for the three months ended in Mar. 2024 was ¥507 Mil. Dongguan Mentech Optical & Magnetic Co's Revenue for the three months ended in Mar. 2024 was ¥402 Mil. Hence, Dongguan Mentech Optical & Magnetic Co's Days Sales Outstanding for the three months ended in Mar. 2024 was 114.98.

The historical rank and industry rank for Dongguan Mentech Optical & Magnetic Co's Days Sales Outstanding or its related term are showing as below:

SZSE:002902' s Days Sales Outstanding Range Over the Past 10 Years
Min: 89.43 Med: 109.98 Max: 134.4
Current: 122.26

During the past 12 years, Dongguan Mentech Optical & Magnetic Co's highest Days Sales Outstanding was 134.40. The lowest was 89.43. And the median was 109.98.

SZSE:002902's Days Sales Outstanding is ranked worse than
81.77% of 2457 companies
in the Hardware industry
Industry Median: 74.19 vs SZSE:002902: 122.26

Dongguan Mentech Optical & Magnetic Co's Days Sales Outstanding increased from Mar. 2023 (113.84) to Mar. 2024 (114.98).

Dongguan Mentech Optical & Magnetic Co Days Sales Outstanding Historical Data

The historical data trend for Dongguan Mentech Optical & Magnetic 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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Dongguan Mentech Optical & Magnetic Co Days Sales Outstanding Chart

Dongguan Mentech Optical & Magnetic Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

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134.40

119.26

109.57

110.39

119.85

Dongguan Mentech Optical & Magnetic 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															113.84	110.94	145.85	134.77	114.98

Competitive Comparison of Dongguan Mentech Optical & Magnetic Co's Days Sales Outstanding

For the Electronic Components subindustry, Dongguan Mentech Optical & Magnetic 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.

Dongguan Mentech Optical & Magnetic Co's Days Sales Outstanding Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Dongguan Mentech Optical & Magnetic Co's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where Dongguan Mentech Optical & Magnetic Co's Days Sales Outstanding falls into.

Dongguan Mentech Optical & Magnetic 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.

Dongguan Mentech Optical & Magnetic 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
=	( (693.869	+	564.557)	/	2 )	/	1916.248	*	365
=	629.213					/	1916.248	*	365
=	119.85

Dongguan Mentech Optical & Magnetic 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
=	( (564.557	+	449.605)	/	2 )	/	402.412	*	365 / 4
=	507.081					/	402.412	*	365 / 4
=	114.98

Dongguan Mentech Optical & Magnetic Co (SZSE:002902) Days Sales Outstanding Explanation

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

Dongguan Mentech Optical & Magnetic Co Days Sales Outstanding Related Terms

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Dongguan Mentech Optical & Magnetic Co (SZSE:002902) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Dongguan Mentech Optical & Magnetic Co Ltd (SZSE:002902) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

N/A

Address

The Middle 9th Road, Shajing Village, Miao Biangwang, Shipai Town, Guangdong Province, Dongguan, CHN, 523330

Website

http://www.mnc-tek.com

Dongguan Mentech Optical & Magnetic Co Ltd is engaged in the research and development and manufacturing of magnetic and optical components and modules. The company has three key product lines: magnetic components, optical components and modules and new energy power supply systems. Its products are widely used in the access network, backbone, metro, fibre optic switches, fibre optic transceivers, digital television, optical communication, motherboards, network switches, routers, set-top boxes and network data communication industries. The company has an operational presence across Beijing, Hong Kong, Taiwan, USA, and Korea.

Executives

Li Jing Zhou	Directors, executives
Yang Xian Jin	Director
Ye Zi Hong	Supervisors

Dongguan Mentech Optical & Magnetic Co (SZSE:002902) Headlines

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