Guangzhou Frontop Digital Creative Technology Co (SZSE:301313) Days Sales Outstanding : 501.02 (As of Mar. 2024)

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What is Guangzhou Frontop Digital Creative Technology Co Days Sales Outstanding?

Guangzhou Frontop Digital Creative Technology Co's average Accounts Receivable for the three months ended in Mar. 2024 was ¥417.5 Mil. Guangzhou Frontop Digital Creative Technology Co's Revenue for the three months ended in Mar. 2024 was ¥76.0 Mil. Hence, Guangzhou Frontop Digital Creative Technology Co's Days Sales Outstanding for the three months ended in Mar. 2024 was 501.02.

The historical rank and industry rank for Guangzhou Frontop Digital Creative Technology Co's Days Sales Outstanding or its related term are showing as below:

SZSE:301313' s Days Sales Outstanding Range Over the Past 10 Years
Min: 130.02 Med: 138.87 Max: 268.43
Current: 266.68

During the past 9 years, Guangzhou Frontop Digital Creative Technology Co's highest Days Sales Outstanding was 268.43. The lowest was 130.02. And the median was 138.87.

SZSE:301313's Days Sales Outstanding is ranked worse than
92.72% of 1016 companies
in the Media - Diversified industry
Industry Median: 68.34 vs SZSE:301313: 266.68

Guangzhou Frontop Digital Creative Technology Co's Days Sales Outstanding increased from Mar. 2023 (361.77) to Mar. 2024 (501.02).

Warning Sign:

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

Guangzhou Frontop Digital Creative Technology Co Days Sales Outstanding Historical Data

The historical data trend for Guangzhou Frontop Digital Creative Technology 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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Guangzhou Frontop Digital Creative Technology Co Days Sales Outstanding Chart

Guangzhou Frontop Digital Creative Technology Co Annual Data

Trend

Dec13

Dec14

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

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132.41

138.87

157.54

218.67

268.43

Guangzhou Frontop Digital Creative Technology Co Quarterly Data
	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Jun20	Dec20	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Days Sales Outstanding	Get a 7-Day Free Trial															361.77	313.09	365.48	142.91	501.02

Competitive Comparison of Guangzhou Frontop Digital Creative Technology Co's Days Sales Outstanding

For the Advertising Agencies subindustry, Guangzhou Frontop Digital Creative Technology 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.

Guangzhou Frontop Digital Creative Technology Co's Days Sales Outstanding Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Guangzhou Frontop Digital Creative Technology Co's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where Guangzhou Frontop Digital Creative Technology Co's Days Sales Outstanding falls into.

Guangzhou Frontop Digital Creative Technology 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.

Guangzhou Frontop Digital Creative Technology 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
=	( (402.976	+	443.75)	/	2 )	/	575.679	*	365
=	423.363					/	575.679	*	365
=	268.43

Guangzhou Frontop Digital Creative Technology 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
=	( (443.75	+	391.151)	/	2 )	/	76.03	*	365 / 4
=	417.4505					/	76.03	*	365 / 4
=	501.02

Guangzhou Frontop Digital Creative Technology Co (SZSE:301313) Days Sales Outstanding Explanation

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

Guangzhou Frontop Digital Creative Technology Co Days Sales Outstanding Related Terms

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Guangzhou Frontop Digital Creative Technology Co (SZSE:301313) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » Guangzhou Frontop Digital Creative Technology Co Ltd (SZSE:301313) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

N/A

Address

2701, 2703, 2704, 2705, 2706, 2707, No. 117, Longyi Road, Tianhe District, Guangdong Province, Guangzhou, CHN, 510000

Website

https://www.frontop.cn

Guangzhou Frontop Digital Creative Technology Co Ltd is committed to digital multimedia display services and cutting-edge technology exploration and research. It has around 6 domestic technology creative service centers - Beijing, Shanghai, Guangzhou, Shenzhen, Wuhan and several domestic branches.

Executives

Ke Mao Xu	Director
Du Jian Quan	Supervisors
Zhang Yu	Directors, executives

Guangzhou Frontop Digital Creative Technology Co (SZSE:301313) Headlines

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