Longshine Technology Group Co (SZSE:300682) Days Sales Outstanding : 308.65 (As of Mar. 2024)

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What is Longshine Technology Group Co Days Sales Outstanding?

Longshine Technology Group Co's average Accounts Receivable for the three months ended in Mar. 2024 was ¥2,258 Mil. Longshine Technology Group Co's Revenue for the three months ended in Mar. 2024 was ¥668 Mil. Hence, Longshine Technology Group Co's Days Sales Outstanding for the three months ended in Mar. 2024 was 308.65.

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

SZSE:300682' s Days Sales Outstanding Range Over the Past 10 Years
Min: 141.37 Med: 185.47 Max: 284.04
Current: 163.07

During the past 13 years, Longshine Technology Group Co's highest Days Sales Outstanding was 284.04. The lowest was 141.37. And the median was 185.47.

SZSE:300682's Days Sales Outstanding is ranked worse than
87.31% of 2734 companies
in the Software industry
Industry Median: 61.68 vs SZSE:300682: 163.07

Longshine Technology Group Co's Days Sales Outstanding increased from Mar. 2023 (272.09) to Mar. 2024 (308.65).

Longshine Technology Group Co Days Sales Outstanding Historical Data

The historical data trend for Longshine Technology 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.

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Longshine Technology Group Co Days Sales Outstanding Chart

Longshine Technology Group Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

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191.39

179.55

146.04

164.18

162.83

Longshine Technology 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															272.09	215.99	175.80	90.55	308.65

Competitive Comparison of Longshine Technology Group Co's Days Sales Outstanding

For the Software - Application subindustry, Longshine Technology 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.

Longshine Technology Group Co's Days Sales Outstanding Distribution in the Software Industry

For the Software industry and Technology sector, Longshine Technology Group Co's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where Longshine Technology Group Co's Days Sales Outstanding falls into.

Longshine Technology 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.

Longshine Technology 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
=	( (2024.027	+	2193.64)	/	2 )	/	4727.289	*	365
=	2108.8335					/	4727.289	*	365
=	162.83

Longshine Technology 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
=	( (2193.64	+	2321.969)	/	2 )	/	667.505	*	365 / 4
=	2257.8045					/	667.505	*	365 / 4
=	308.65

Longshine Technology Group Co (SZSE:300682) Days Sales Outstanding Explanation

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

Longshine Technology Group Co Days Sales Outstanding Related Terms

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Longshine Technology Group Co (SZSE:300682) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Longshine Technology Group Co Ltd (SZSE:300682) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

N/A

Address

No.18 Zhengzhe Road, 6F, Building D, Jinyu, Wuxi Software Park, Wuxi New District, Jiangsu province, Wuxi, CHN, 214000

Website

http://www.longshine.com

Longshine Technology Co Ltd is engaged in the provision of software and IT services for the power and electricity industry. Its range of solutions in new energy and smart grid areas are electric vehicle smart charging service network operation management system; enterprise energy efficiency management system; wind power centralized monitoring system; smart electric substation; and mobile internet payments through Alipay.

Executives

Zhang Ming Ping	Director
Xu Zhang Jun	Director
Weng Chao Wei	Executives
Peng Zhi Ping	Directors, executives
Wang Shen Yong	Directors, executives
Ji Yue	Securities Affairs Representative
Chen Zhi Yi	Supervisors

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