Huaqin Technology Co (SHSE:603296) Days Sales Outstanding : 79.45 (As of Mar. 2024)

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What is Huaqin Technology Co Days Sales Outstanding?

Huaqin Technology Co's average Accounts Receivable for the three months ended in Mar. 2024 was ¥14,131 Mil. Huaqin Technology Co's Revenue for the three months ended in Mar. 2024 was ¥16,229 Mil. Hence, Huaqin Technology Co's Days Sales Outstanding for the three months ended in Mar. 2024 was 79.45.

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

SHSE:603296' s Days Sales Outstanding Range Over the Past 10 Years
Min: 10.29 Med: 55.41 Max: 71.99
Current: 67.17

During the past 13 years, Huaqin Technology Co's highest Days Sales Outstanding was 71.99. The lowest was 10.29. And the median was 55.41.

SHSE:603296's Days Sales Outstanding is ranked better than
58.4% of 2459 companies
in the Hardware industry
Industry Median: 74.79 vs SHSE:603296: 67.17

Huaqin Technology Co's Days Sales Outstanding increased from Mar. 2023 (71.82) to Mar. 2024 (79.45).

Huaqin Technology Co Days Sales Outstanding Historical Data

The historical data trend for Huaqin 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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Huaqin Technology Co Days Sales Outstanding Chart

Huaqin Technology Co Annual Data

Trend

Dec09

Dec10

Dec11

Dec12

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

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71.99

66.75

71.21

64.40

61.32

Huaqin Technology Co Quarterly Data
	Dec11	Mar12	Sep12	Dec12	Mar13	Jun13	Sep13	Dec18	Dec19	Dec20	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Days Sales Outstanding	Get a 7-Day Free Trial															71.82	60.02	68.01	75.82	79.45

Competitive Comparison of Huaqin Technology Co's Days Sales Outstanding

For the Consumer Electronics subindustry, Huaqin 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.

Huaqin Technology Co's Days Sales Outstanding Distribution in the Hardware Industry

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

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

Huaqin 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.

Huaqin 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
=	( (14305.479	+	14366.76)	/	2 )	/	85338.484	*	365
=	14336.1195					/	85338.484	*	365
=	61.32

Huaqin 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
=	( (14366.76	+	13894.918)	/	2 )	/	16228.945	*	365 / 4
=	14130.839					/	16228.945	*	365 / 4
=	79.45

Huaqin Technology Co (SHSE:603296) Days Sales Outstanding Explanation

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

Huaqin Technology Co Days Sales Outstanding Related Terms

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Huaqin Technology Co (SHSE:603296) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Huaqin Technology Co Ltd (SHSE:603296) » Definitions » Days Sales Outstanding

Traded in Other Exchanges

N/A

Address

Building 1, No. 399 Keyuan Road, China (Shanghai) Pilot Free Trade Zone, Pudong New Area, Shanghai, CHN, 201203

Website

https://www.huaqin.com

Huaqin Technology Co Ltd is engaged in the research & development, design, manufacturing and operation of intelligent hardware products. The company provides global technology brand customers with end-to-end services at product level, system level, software and hardware research and development, and operation and manufacturing.

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