Sangfor Technologies (SZSE:300454) Days Sales Outstanding : 59.43 (As of Mar. 2024)

View and export this data going back to 2018. Start your Free Trial

What is Sangfor Technologies Days Sales Outstanding?

Sangfor Technologies's average Accounts Receivable for the three months ended in Mar. 2024 was ¥674 Mil. Sangfor Technologies's Revenue for the three months ended in Mar. 2024 was ¥1,035 Mil. Hence, Sangfor Technologies's Days Sales Outstanding for the three months ended in Mar. 2024 was 59.43.

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

SZSE:300454' s Days Sales Outstanding Range Over the Past 10 Years
Min: 27.56 Med: 28.94 Max: 40.28
Current: 28.83

During the past 10 years, Sangfor Technologies's highest Days Sales Outstanding was 40.28. The lowest was 27.56. And the median was 28.94.

SZSE:300454's Days Sales Outstanding is ranked better than
93.49% of 2458 companies
in the Hardware industry
Industry Median: 74.965 vs SZSE:300454: 28.83

Sangfor Technologies's Days Sales Outstanding increased from Mar. 2023 (48.48) to Mar. 2024 (59.43).

Sangfor Technologies Days Sales Outstanding Historical Data

The historical data trend for Sangfor Technologies'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.

Sangfor Technologies Days Sales Outstanding Chart

Sangfor Technologies Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

Get a 7-Day Free Trial

27.56

29.68

27.94

33.42

40.28

Sangfor Technologies 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															48.48	27.36	27.45	23.30	59.43

Competitive Comparison of Sangfor Technologies's Days Sales Outstanding

For the Communication Equipment subindustry, Sangfor Technologies'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.

Sangfor Technologies's Days Sales Outstanding Distribution in the Hardware Industry

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

* The bar in red indicates where Sangfor Technologies's Days Sales Outstanding falls into.

Sangfor Technologies 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.

Sangfor Technologies'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
=	( (809.016	+	882.322)	/	2 )	/	7662.166	*	365
=	845.669					/	7662.166	*	365
=	40.28

Sangfor Technologies'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
=	( (882.322	+	465.872)	/	2 )	/	1035.08	*	365 / 4
=	674.097					/	1035.08	*	365 / 4
=	59.43

Sangfor Technologies (SZSE:300454) Days Sales Outstanding Explanation

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

Sangfor Technologies Days Sales Outstanding Related Terms

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

Sangfor Technologies (SZSE:300454) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Sangfor Technologies Inc (SZSE:300454) » Definitions » Days Sales Outstanding

Traded in Other Exchanges

N/A

Address

1001 Xueyuan Avenue, Building A1, Nanshan Zhiyuan, Nanshan District, Shenzhen, CHN, 518055

Website

http://www.sangfor.com

Sangfor Technologies Inc is a provider of security and cloud computing solutions and is committed to making users IT easier, safer, and more valuable.

Sangfor Technologies (SZSE:300454) Headlines

No Headlines