Wcon Electronics (Guangdong) Co (SZSE:301328) Days Sales Outstanding : 112.92 (As of Mar. 2024)

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What is Wcon Electronics (Guangdong) Co Days Sales Outstanding?

Wcon Electronics (Guangdong) Co's average Accounts Receivable for the three months ended in Mar. 2024 was ¥124.2 Mil. Wcon Electronics (Guangdong) Co's Revenue for the three months ended in Mar. 2024 was ¥100.4 Mil. Hence, Wcon Electronics (Guangdong) Co's Days Sales Outstanding for the three months ended in Mar. 2024 was 112.92.

The historical rank and industry rank for Wcon Electronics (Guangdong) Co's Days Sales Outstanding or its related term are showing as below:

SZSE:301328' s Days Sales Outstanding Range Over the Past 10 Years
Min: 55.92 Med: 63.13 Max: 97.68
Current: 97.68

During the past 6 years, Wcon Electronics (Guangdong) Co's highest Days Sales Outstanding was 97.68. The lowest was 55.92. And the median was 63.13.

SZSE:301328's Days Sales Outstanding is ranked worse than
69.35% of 2457 companies
in the Hardware industry
Industry Median: 74.19 vs SZSE:301328: 97.68

Wcon Electronics (Guangdong) Co's Days Sales Outstanding increased from Mar. 2023 (96.65) to Mar. 2024 (112.92).

Wcon Electronics (Guangdong) Co Days Sales Outstanding Historical Data

The historical data trend for Wcon Electronics (Guangdong) 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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Wcon Electronics (Guangdong) Co Days Sales Outstanding Chart

Wcon Electronics (Guangdong) Co Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

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62.79

62.92

55.92

75.52

96.94

Wcon Electronics (Guangdong) Co Quarterly Data
	Dec18	Dec19	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Days Sales Outstanding	Get a 7-Day Free Trial											96.65	88.93	98.38	101.50	112.92

Competitive Comparison of Wcon Electronics (Guangdong) Co's Days Sales Outstanding

For the Electronic Components subindustry, Wcon Electronics (Guangdong) 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.

Wcon Electronics (Guangdong) Co's Days Sales Outstanding Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Wcon Electronics (Guangdong) Co's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where Wcon Electronics (Guangdong) Co's Days Sales Outstanding falls into.

Wcon Electronics (Guangdong) 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.

Wcon Electronics (Guangdong) 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
=	( (127.822	+	130.663)	/	2 )	/	486.634	*	365
=	129.2425					/	486.634	*	365
=	96.94

Wcon Electronics (Guangdong) 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
=	( (130.663	+	117.757)	/	2 )	/	100.376	*	365 / 4
=	124.21					/	100.376	*	365 / 4
=	112.92

Wcon Electronics (Guangdong) Co (SZSE:301328) Days Sales Outstanding Explanation

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

Wcon Electronics (Guangdong) Co Days Sales Outstanding Related Terms

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Wcon Electronics (Guangdong) Co (SZSE:301328) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Wcon Electronics (Guangdong) Co Ltd (SZSE:301328) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

N/A

Address

01A, Changxing Road, Ludong Community, Humen Town, Guangdong Province, Dongguan, CHN, 523935

Website

https://www.wcon.cn

Wcon Electronics (Guangdong) Co Ltd is engaged in the research and development, design, production and sales of industrial control connectors, automotive connectors and new energy connectors.

Wcon Electronics (Guangdong) Co (SZSE:301328) Headlines

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