Hubei Zhongyi Technology (SZSE:301150) Days Sales Outstanding : 80.21 (As of Mar. 2024)

View and export this data going back to 2022. Start your Free Trial

What is Hubei Zhongyi Technology Days Sales Outstanding?

Hubei Zhongyi Technology's average Accounts Receivable for the three months ended in Mar. 2024 was ¥846 Mil. Hubei Zhongyi Technology's Revenue for the three months ended in Mar. 2024 was ¥962 Mil. Hence, Hubei Zhongyi Technology's Days Sales Outstanding for the three months ended in Mar. 2024 was 80.21.

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

SZSE:301150' s Days Sales Outstanding Range Over the Past 10 Years
Min: 26.7 Med: 44.06 Max: 72.81
Current: 72.81

During the past 7 years, Hubei Zhongyi Technology's highest Days Sales Outstanding was 72.81. The lowest was 26.70. And the median was 44.06.

SZSE:301150's Days Sales Outstanding is ranked better than
56.67% of 2959 companies
in the Industrial Products industry
Industry Median: 79.62 vs SZSE:301150: 72.81

Hubei Zhongyi Technology's Days Sales Outstanding increased from Mar. 2023 (58.92) to Mar. 2024 (80.21).

Hubei Zhongyi Technology Days Sales Outstanding Historical Data

The historical data trend for Hubei Zhongyi Technology'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.

Hubei Zhongyi Technology Days Sales Outstanding Chart

Hubei Zhongyi Technology Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

Get a 7-Day Free Trial

66.55

68.75

44.06

42.67

60.23

Hubei Zhongyi Technology Quarterly Data
	Dec18	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															58.92	65.22	67.19	73.44	80.21

Competitive Comparison of Hubei Zhongyi Technology's Days Sales Outstanding

For the Electrical Equipment & Parts subindustry, Hubei Zhongyi Technology'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.

Hubei Zhongyi Technology's Days Sales Outstanding Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Hubei Zhongyi Technology's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where Hubei Zhongyi Technology's Days Sales Outstanding falls into.

Hubei Zhongyi Technology 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.

Hubei Zhongyi Technology'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
=	( (380.3	+	746.933)	/	2 )	/	3415.405	*	365
=	563.6165					/	3415.405	*	365
=	60.23

Hubei Zhongyi Technology'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
=	( (746.933	+	945.02)	/	2 )	/	962.46	*	365 / 4
=	845.9765					/	962.46	*	365 / 4
=	80.21

Hubei Zhongyi Technology (SZSE:301150) Days Sales Outstanding Explanation

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

Hubei Zhongyi Technology Days Sales Outstanding Related Terms

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

Hubei Zhongyi Technology (SZSE:301150) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Hubei Zhongyi Technology Inc (SZSE:301150) » Definitions » Days Sales Outstanding

Traded in Other Exchanges

N/A

Address

No. 47, Mengze Avenue South, Economic Development Zone, Hubei Province, Yunmeng, CHN, 432500

Website

http://www.c1cf.com

Hubei Zhongyi Technology Inc is engaged in the research and development, production and sales of various single and double-sided optical high-performance electrolytic copper foil series products.

Hubei Zhongyi Technology (SZSE:301150) Headlines

No Headlines