Ruijie Networks Co (SZSE:301165) Days Sales Outstanding : 55.73 (As of Mar. 2024)

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What is Ruijie Networks Co Days Sales Outstanding?

Ruijie Networks Co's average Accounts Receivable for the three months ended in Mar. 2024 was ¥1,311 Mil. Ruijie Networks Co's Revenue for the three months ended in Mar. 2024 was ¥2,147 Mil. Hence, Ruijie Networks Co's Days Sales Outstanding for the three months ended in Mar. 2024 was 55.73.

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

SZSE:301165' s Days Sales Outstanding Range Over the Past 10 Years
Min: 21.69 Med: 27.28 Max: 39.73
Current: 39.73

During the past 7 years, Ruijie Networks Co's highest Days Sales Outstanding was 39.73. The lowest was 21.69. And the median was 27.28.

SZSE:301165's Days Sales Outstanding is ranked better than
87.31% of 2459 companies
in the Hardware industry
Industry Median: 74.52 vs SZSE:301165: 39.73

Ruijie Networks Co's Days Sales Outstanding increased from Mar. 2023 (31.35) to Mar. 2024 (55.73).

Ruijie Networks Co Days Sales Outstanding Historical Data

The historical data trend for Ruijie Networks 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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Ruijie Networks Co Days Sales Outstanding Chart

Ruijie Networks Co Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

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27.94

32.15

27.28

21.69

31.04

Ruijie Networks Co Quarterly Data
	Dec17	Dec18	Sep19	Dec19	Jun20	Sep20	Dec20	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Days Sales Outstanding	Get a 7-Day Free Trial														31.35	39.01	41.50	33.90	55.73

Competitive Comparison of Ruijie Networks Co's Days Sales Outstanding

For the Communication Equipment subindustry, Ruijie Networks 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.

Ruijie Networks Co's Days Sales Outstanding Distribution in the Hardware Industry

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

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

Ruijie Networks 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.

Ruijie Networks 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
=	( (660.696	+	1302.045)	/	2 )	/	11541.57	*	365
=	981.3705					/	11541.57	*	365
=	31.04

Ruijie Networks 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
=	( (1302.045	+	1319.981)	/	2 )	/	2146.61	*	365 / 4
=	1311.013					/	2146.61	*	365 / 4
=	55.73

Ruijie Networks Co (SZSE:301165) Days Sales Outstanding Explanation

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

Ruijie Networks Co Days Sales Outstanding Related Terms

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Ruijie Networks Co (SZSE:301165) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Ruijie Networks Co Ltd (SZSE:301165) » Definitions » Days Sales Outstanding

Traded in Other Exchanges

N/A

Address

No. 618, Jinshan Avenue, Building 19, Juyuanzhou Industrial Park, Cangshan District, Fujian Province, Fuzhou, CHN, 350002

Website

https://www.ruijie.com.cn

Ruijie Networks Co Ltd is engaged in the research and development, design and sales of network equipment, network security products and cloud desktop solutions.

Ruijie Networks Co (SZSE:301165) Headlines

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