Shanghai Optech Science and Technology Co (BJSE:836414) Days Sales Outstanding : 323.47 (As of Mar. 2024)

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What is Shanghai Optech Science and Technology Co Days Sales Outstanding?

Shanghai Optech Science and Technology Co's average Accounts Receivable for the three months ended in Mar. 2024 was ¥90.2 Mil. Shanghai Optech Science and Technology Co's Revenue for the three months ended in Mar. 2024 was ¥25.5 Mil. Hence, Shanghai Optech Science and Technology Co's Days Sales Outstanding for the three months ended in Mar. 2024 was 323.47.

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

BJSE:836414' s Days Sales Outstanding Range Over the Past 10 Years
Min: 86.73 Med: 135.11 Max: 250.03
Current: 172.86

During the past 11 years, Shanghai Optech Science and Technology Co's highest Days Sales Outstanding was 250.03. The lowest was 86.73. And the median was 135.11.

BJSE:836414's Days Sales Outstanding is ranked worse than
88.23% of 2957 companies
in the Industrial Products industry
Industry Median: 79.63 vs BJSE:836414: 172.86

Shanghai Optech Science and Technology Co's Days Sales Outstanding increased from Mar. 2023 (141.92) to Mar. 2024 (323.47).

Warning Sign:

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

Shanghai Optech Science and Technology Co Days Sales Outstanding Historical Data

The historical data trend for Shanghai Optech 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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Shanghai Optech Science and Technology Co Days Sales Outstanding Chart

Shanghai Optech Science and Technology Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

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250.03

93.63

93.31

127.60

142.62

Shanghai Optech Science and Technology Co Quarterly Data
	Jun18	Dec18	Jun19	Dec19	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															141.92	135.43	139.50	166.70	323.47

Competitive Comparison of Shanghai Optech Science and Technology Co's Days Sales Outstanding

For the Specialty Industrial Machinery subindustry, Shanghai Optech 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.

Shanghai Optech Science and Technology Co's Days Sales Outstanding Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Shanghai Optech Science and Technology Co's Days Sales Outstanding distribution charts can be found below:

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

Shanghai Optech 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.

Shanghai Optech 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
=	( (55.133	+	85.57)	/	2 )	/	180.046	*	365
=	70.3515					/	180.046	*	365
=	142.62

Shanghai Optech 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
=	( (85.57	+	94.888)	/	2 )	/	25.453	*	365 / 4
=	90.229					/	25.453	*	365 / 4
=	323.47

Shanghai Optech Science and Technology Co (BJSE:836414) Days Sales Outstanding Explanation

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

Shanghai Optech Science and Technology Co Days Sales Outstanding Related Terms

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Shanghai Optech Science and Technology Co (BJSE:836414) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Shanghai Optech Science and Technology Co Ltd (BJSE:836414) » Definitions » Days Sales Outstanding

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Address

Lane 879, Zhongjiang Road, Room 402, Building 12, Putuo District, Shanghai, CHN, 200333

Website

http://www.optjt.cn

Shanghai Optech Science and Technology Co Ltd focused on the technology and product development of automatic detection equipment and automatic production equipment in the photovoltaic industry. It engages in designing photovoltaic detection solutions and the development, production, and sales of supporting equipment and software. It offers Component EL/appearance -AI automatic sorting system, String inspection EL/appearance AI automatic sorting system, Automatic battery sorting system, Final inspection appearance-AI automatic sorting system, Component repair query system, String inspection repair query system, Dual station battery string repair system, Photovoltaic power station UAV automatic operation and maintenance system.

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