Goke Microelectronics Co (SZSE:300672) Days Sales Outstanding : 155.55 (As of Mar. 2024)

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What is Goke Microelectronics Co Days Sales Outstanding?

Goke Microelectronics Co's average Accounts Receivable for the three months ended in Mar. 2024 was ¥584 Mil. Goke Microelectronics Co's Revenue for the three months ended in Mar. 2024 was ¥343 Mil. Hence, Goke Microelectronics Co's Days Sales Outstanding for the three months ended in Mar. 2024 was 155.55.

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

SZSE:300672' s Days Sales Outstanding Range Over the Past 10 Years
Min: 18.03 Med: 70.36 Max: 167.72
Current: 59.06

During the past 11 years, Goke Microelectronics Co's highest Days Sales Outstanding was 167.72. The lowest was 18.03. And the median was 70.36.

SZSE:300672's Days Sales Outstanding is ranked better than
54.68% of 982 companies
in the Semiconductors industry
Industry Median: 62.545 vs SZSE:300672: 59.06

Goke Microelectronics Co's Days Sales Outstanding increased from Mar. 2023 (12.89) to Mar. 2024 (155.55).

Goke Microelectronics Co Days Sales Outstanding Historical Data

The historical data trend for Goke Microelectronics 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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Goke Microelectronics Co Days Sales Outstanding Chart

Goke Microelectronics Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

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156.87

101.74

21.88

18.03

34.03

Goke Microelectronics 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															12.89	36.62	62.25	45.42	155.55

Competitive Comparison of Goke Microelectronics Co's Days Sales Outstanding

For the Semiconductors subindustry, Goke Microelectronics 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.

Goke Microelectronics Co's Days Sales Outstanding Distribution in the Semiconductors Industry

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

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

Goke Microelectronics 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.

Goke Microelectronics 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
=	( (234.65	+	554.259)	/	2 )	/	4231.263	*	365
=	394.4545					/	4231.263	*	365
=	34.03

Goke Microelectronics 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
=	( (554.259	+	613.693)	/	2 )	/	342.571	*	365 / 4
=	583.976					/	342.571	*	365 / 4
=	155.55

Goke Microelectronics Co (SZSE:300672) Days Sales Outstanding Explanation

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

Goke Microelectronics Co Days Sales Outstanding Related Terms

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Goke Microelectronics Co (SZSE:300672) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » Goke Microelectronics Co Ltd (SZSE:300672) » Definitions » Days Sales Outstanding

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Address

No.9, Dongjie Road, Economic and Technological Development Zone, Hunan, Changsha, CHN, 410131

Website

http://www.goke.com

Goke Microelectronics Co Ltd is an integrated circuit design enterprise based in China. The company develops chips and solution for digital cable, satellite, DTMB, and internet. It also provides professional services such as especially application platform, reference design and coordinate software systems. Its other product range consists of NDS advanced security decoding chip, H.265 high-definition chip, high-end acoustic chip, Wi-Fi chip, the high-end solid storage controlling chip and high-definition security monitor chip.

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