Chengdu Qushui Science and Technology Co (SZSE:301336) Days Sales Outstanding : 61.28 (As of Mar. 2024)

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What is Chengdu Qushui Science and Technology Co Days Sales Outstanding?

Chengdu Qushui Science and Technology Co's average Accounts Receivable for the three months ended in Mar. 2024 was ¥40.1 Mil. Chengdu Qushui Science and Technology Co's Revenue for the three months ended in Mar. 2024 was ¥59.8 Mil. Hence, Chengdu Qushui Science and Technology Co's Days Sales Outstanding for the three months ended in Mar. 2024 was 61.28.

The historical rank and industry rank for Chengdu Qushui Science and Technology Co's Days Sales Outstanding or its related term are showing as below:

SZSE:301336' s Days Sales Outstanding Range Over the Past 10 Years
Min: 30.08 Med: 41.25 Max: 73.81
Current: 39.64

During the past 7 years, Chengdu Qushui Science and Technology Co's highest Days Sales Outstanding was 73.81. The lowest was 30.08. And the median was 41.25.

SZSE:301336's Days Sales Outstanding is ranked better than
66.51% of 418 companies
in the Furnishings, Fixtures & Appliances industry
Industry Median: 53.31 vs SZSE:301336: 39.64

Chengdu Qushui Science and Technology Co's Days Sales Outstanding increased from Mar. 2023 (36.42) to Mar. 2024 (61.28).

Chengdu Qushui Science and Technology Co Days Sales Outstanding Historical Data

The historical data trend for Chengdu Qushui Science and 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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Chengdu Qushui Science and Technology Co Days Sales Outstanding Chart

Chengdu Qushui Science and Technology Co Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

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41.25

30.08

31.72

39.76

52.44

Chengdu Qushui Science and Technology Co 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															36.42	30.06	48.18	40.20	61.28

Competitive Comparison of Chengdu Qushui Science and Technology Co's Days Sales Outstanding

For the Furnishings, Fixtures & Appliances subindustry, Chengdu Qushui Science and 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.

Chengdu Qushui Science and Technology Co's Days Sales Outstanding Distribution in the Furnishings, Fixtures & Appliances Industry

For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, Chengdu Qushui Science and Technology Co's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where Chengdu Qushui Science and Technology Co's Days Sales Outstanding falls into.

Chengdu Qushui Science and 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.

Chengdu Qushui Science and 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
=	( (28.98	+	58.613)	/	2 )	/	304.858	*	365
=	43.7965					/	304.858	*	365
=	52.44

Chengdu Qushui Science and 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
=	( (58.613	+	21.658)	/	2 )	/	59.769	*	365 / 4
=	40.1355					/	59.769	*	365 / 4
=	61.28

Chengdu Qushui Science and Technology Co (SZSE:301336) Days Sales Outstanding Explanation

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

Chengdu Qushui Science and Technology Co Days Sales Outstanding Related Terms

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Chengdu Qushui Science and Technology Co (SZSE:301336) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Furnishings, Fixtures & Appliances » Chengdu Qushui Science and Technology Co Ltd (SZSE:301336) » Definitions » Days Sales Outstanding

Traded in Other Exchanges

N/A

Address

No. 1268, Middle Section of Tianfu Avenue, No. 8, 7th Floor, Building 1, High-tech Zone, Pilot Free Trade Zone, Chengdu, CHN, 610041

Website

http://www.8hsleep.com

Chengdu Qushui Science and Technology Co Ltd is engaged in the research and development, design, production (implemented by outsourcing production) and sales of high-quality easy-to-install furniture, home textiles and other household products.

Chengdu Qushui Science and Technology Co (SZSE:301336) Headlines

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