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Newonder Special Electric Co (SZSE:301120) Days Sales Outstanding : 330.78 (As of Mar. 2024)


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What is Newonder Special Electric Co Days Sales Outstanding?

Newonder Special Electric Co's average Accounts Receivable for the three months ended in Mar. 2024 was ¥266.4 Mil. Newonder Special Electric Co's Revenue for the three months ended in Mar. 2024 was ¥73.5 Mil. Hence, Newonder Special Electric Co's Days Sales Outstanding for the three months ended in Mar. 2024 was 330.78.

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

SZSE:301120' s Days Sales Outstanding Range Over the Past 10 Years
Min: 164.97   Med: 177.07   Max: 230.35
Current: 230.35

During the past 7 years, Newonder Special Electric Co's highest Days Sales Outstanding was 230.35. The lowest was 164.97. And the median was 177.07.

SZSE:301120's Days Sales Outstanding is ranked worse than
94.79% of 2457 companies
in the Hardware industry
Industry Median: 74.19 vs SZSE:301120: 230.35

Newonder Special Electric Co's Days Sales Outstanding increased from Mar. 2023 (230.88) to Mar. 2024 (330.78).

Warning Sign:

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


Newonder Special Electric Co Days Sales Outstanding Historical Data

The historical data trend for Newonder Special Electric 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.

Newonder Special Electric Co Days Sales Outstanding Chart

Newonder Special Electric Co Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Sales Outstanding
Get a 7-Day Free Trial 188.35 172.29 164.97 171.66 206.88

Newonder Special Electric Co Quarterly Data
Mar19 Jun19 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 230.88 153.98 261.20 274.29 330.78

Competitive Comparison of Newonder Special Electric Co's Days Sales Outstanding

For the Electronic Components subindustry, Newonder Special Electric 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.


Newonder Special Electric Co's Days Sales Outstanding Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Newonder Special Electric Co's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where Newonder Special Electric Co's Days Sales Outstanding falls into.



Newonder Special Electric 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.

Newonder Special Electric 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
=( (227.295 + 280.742) / 2 ) / 448.17*365
=254.0185 / 448.17*365
=206.88

Newonder Special Electric 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
=( (280.742 + 252.036) / 2 ) / 73.487*365 / 4
=266.389 / 73.487*365 / 4
=330.78

* 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.


Newonder Special Electric Co  (SZSE:301120) Days Sales Outstanding Explanation

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


Newonder Special Electric Co Days Sales Outstanding Related Terms

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Newonder Special Electric Co (SZSE:301120) Business Description

Traded in Other Exchanges
N/A
Address
Yard 1, Lize Middle Road, Office A801, 8th Floor, Building 2, Chaoyang District, Beijing, CHN, 065201
Newonder Special Electric Co Ltd is engaged in research and development, production and sales of various special transformers and reactors with frequency conversion transformers as the core and sales of supporting products.
Executives
Su Jing Supervisors

Newonder Special Electric Co (SZSE:301120) Headlines

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