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Sino Wealth Electronic (SZSE:300327) Days Sales Outstanding : 55.84 (As of Mar. 2024)


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What is Sino Wealth Electronic Days Sales Outstanding?

Sino Wealth Electronic's average Accounts Receivable for the three months ended in Mar. 2024 was ¥195 Mil. Sino Wealth Electronic's Revenue for the three months ended in Mar. 2024 was ¥319 Mil. Hence, Sino Wealth Electronic's Days Sales Outstanding for the three months ended in Mar. 2024 was 55.84.

The historical rank and industry rank for Sino Wealth Electronic's Days Sales Outstanding or its related term are showing as below:

SZSE:300327' s Days Sales Outstanding Range Over the Past 10 Years
Min: 45.51   Med: 50.16   Max: 57.89
Current: 51.67

During the past 13 years, Sino Wealth Electronic's highest Days Sales Outstanding was 57.89. The lowest was 45.51. And the median was 50.16.

SZSE:300327's Days Sales Outstanding is ranked better than
64.69% of 980 companies
in the Semiconductors industry
Industry Median: 63.06 vs SZSE:300327: 51.67

Sino Wealth Electronic's Days Sales Outstanding declined from Mar. 2023 (62.08) to Mar. 2024 (55.84).


Sino Wealth Electronic Days Sales Outstanding Historical Data

The historical data trend for Sino Wealth Electronic'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.

Sino Wealth Electronic Days Sales Outstanding Chart

Sino Wealth Electronic Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Sales Outstanding
Get a 7-Day Free Trial Premium Member Only Premium Member Only 50.22 53.16 45.51 47.28 57.89

Sino Wealth Electronic 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 62.08 51.88 55.32 45.81 55.84

Competitive Comparison of Sino Wealth Electronic's Days Sales Outstanding

For the Semiconductors subindustry, Sino Wealth Electronic'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.


Sino Wealth Electronic's Days Sales Outstanding Distribution in the Semiconductors Industry

For the Semiconductors industry and Technology sector, Sino Wealth Electronic's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where Sino Wealth Electronic's Days Sales Outstanding falls into.



Sino Wealth Electronic 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.

Sino Wealth Electronic'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
=( (198.388 + 214.062) / 2 ) / 1300.232*365
=206.225 / 1300.232*365
=57.89

Sino Wealth Electronic'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
=( (214.062 + 176.167) / 2 ) / 318.823*365 / 4
=195.1145 / 318.823*365 / 4
=55.84

* 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.


Sino Wealth Electronic  (SZSE:300327) Days Sales Outstanding Explanation

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


Sino Wealth Electronic Days Sales Outstanding Related Terms

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Sino Wealth Electronic (SZSE:300327) Business Description

Traded in Other Exchanges
N/A
Address
No. 3, Lane 767, Jinzhong Road, Changning District, Shanghai, CHN, 200335
Sino Wealth Electronic Ltd operates in the semiconductor industry. The company is specialized in design and sales of an integrated circuit. The product offering includes 4-bit OTP/MASK MCU, 8-bit OTP/MASK MCU, 8-bit FLASH MCU, PH MCU and others. The products are mainly applied to household appliances, automotive electronics peripherals, sports equipment, health and medical care, instrumentation, security, power control, digital electrical generator, network music, and wireless communication equipment.

Sino Wealth Electronic (SZSE:300327) Headlines

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