Wuhan Jingce Electronic Group Co (SZSE:300567) Days Sales Outstanding : 302.31 (As of Mar. 2024)

View and export this data going back to 2016. Start your Free Trial

What is Wuhan Jingce Electronic Group Co Days Sales Outstanding?

Wuhan Jingce Electronic Group Co's average Accounts Receivable for the three months ended in Mar. 2024 was ¥1,385 Mil. Wuhan Jingce Electronic Group Co's Revenue for the three months ended in Mar. 2024 was ¥418 Mil. Hence, Wuhan Jingce Electronic Group Co's Days Sales Outstanding for the three months ended in Mar. 2024 was 302.31.

The historical rank and industry rank for Wuhan Jingce Electronic Group Co's Days Sales Outstanding or its related term are showing as below:

SZSE:300567' s Days Sales Outstanding Range Over the Past 10 Years
Min: 117.2 Med: 131.92 Max: 229.76
Current: 229.76

During the past 13 years, Wuhan Jingce Electronic Group Co's highest Days Sales Outstanding was 229.76. The lowest was 117.20. And the median was 131.92.

SZSE:300567's Days Sales Outstanding is ranked worse than
94.56% of 2461 companies
in the Hardware industry
Industry Median: 74.37 vs SZSE:300567: 229.76

Wuhan Jingce Electronic Group Co's Days Sales Outstanding increased from Mar. 2023 (229.44) to Mar. 2024 (302.31).

Warning Sign:

If a company's sales outstanding increases, it means it has difficulty collecting payments from its customers.

Wuhan Jingce Electronic Group Co Days Sales Outstanding Historical Data

The historical data trend for Wuhan Jingce Electronic Group 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.

Wuhan Jingce Electronic Group Co Days Sales Outstanding Chart

Wuhan Jingce Electronic Group Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

Get a 7-Day Free Trial

123.28

123.91

125.44

158.89

222.56

Wuhan Jingce Electronic Group 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															229.44	271.77	287.18	142.88	302.31

Competitive Comparison of Wuhan Jingce Electronic Group Co's Days Sales Outstanding

For the Scientific & Technical Instruments subindustry, Wuhan Jingce Electronic Group 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.

Wuhan Jingce Electronic Group Co's Days Sales Outstanding Distribution in the Hardware Industry

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

* The bar in red indicates where Wuhan Jingce Electronic Group Co's Days Sales Outstanding falls into.

Wuhan Jingce Electronic Group 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.

Wuhan Jingce Electronic Group 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
=	( (1460.093	+	1502.48)	/	2 )	/	2429.368	*	365
=	1481.2865					/	2429.368	*	365
=	222.56

Wuhan Jingce Electronic Group 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
=	( (1502.48	+	1267.224)	/	2 )	/	418.013	*	365 / 4
=	1384.852					/	418.013	*	365 / 4
=	302.31

Wuhan Jingce Electronic Group Co (SZSE:300567) Days Sales Outstanding Explanation

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

Wuhan Jingce Electronic Group Co Days Sales Outstanding Related Terms

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

Wuhan Jingce Electronic Group Co (SZSE:300567) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Wuhan Jingce Electronic Group Co Ltd (SZSE:300567) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

N/A

Address

No.53 Nanhu Avenue, 4 Floor, Hongshan Science & Technology Innovation Center, Hongshan District, Wuhan, CHN, 430070

Website

http://www.wuhanjingce.com

Wuhan Jingce Electronic Group Co Ltd operates in the domestic flat panel display industry. The company is mainly engaged in the research and development, production and sales of flat panel display detection systems. The company's main products include module test system, panel test system, OLED test system, AOI system, touch panel test system and FPD automation equipment.

Wuhan Jingce Electronic Group Co (SZSE:300567) Headlines

No Headlines