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Suzhou Chunqiu Electronic Technology Co (SHSE:603890) Days Sales Outstanding : 110.80 (As of Mar. 2024)


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What is Suzhou Chunqiu Electronic Technology Co Days Sales Outstanding?

Suzhou Chunqiu Electronic Technology Co's average Accounts Receivable for the three months ended in Mar. 2024 was ¥1,104 Mil. Suzhou Chunqiu Electronic Technology Co's Revenue for the three months ended in Mar. 2024 was ¥909 Mil. Hence, Suzhou Chunqiu Electronic Technology Co's Days Sales Outstanding for the three months ended in Mar. 2024 was 110.80.

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

SHSE:603890' s Days Sales Outstanding Range Over the Past 10 Years
Min: 96.68   Med: 126.53   Max: 133.38
Current: 103.97

During the past 11 years, Suzhou Chunqiu Electronic Technology Co's highest Days Sales Outstanding was 133.38. The lowest was 96.68. And the median was 126.53.

SHSE:603890's Days Sales Outstanding is ranked worse than
68.11% of 2957 companies
in the Industrial Products industry
Industry Median: 79.61 vs SHSE:603890: 103.97

Suzhou Chunqiu Electronic Technology Co's Days Sales Outstanding declined from Mar. 2023 (140.25) to Mar. 2024 (110.80).


Suzhou Chunqiu Electronic Technology Co Days Sales Outstanding Historical Data

The historical data trend for Suzhou Chunqiu Electronic 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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Suzhou Chunqiu Electronic Technology Co Days Sales Outstanding Chart

Suzhou Chunqiu Electronic Technology Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Sales Outstanding
Get a 7-Day Free Trial Premium Member Only Premium Member Only 130.10 111.10 127.12 122.25 125.93

Suzhou Chunqiu Electronic Technology Co Quarterly Data
Jun19 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 140.25 108.79 89.69 101.87 110.80

Competitive Comparison of Suzhou Chunqiu Electronic Technology Co's Days Sales Outstanding

For the Metal Fabrication subindustry, Suzhou Chunqiu Electronic 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.


Suzhou Chunqiu Electronic Technology Co's Days Sales Outstanding Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Suzhou Chunqiu Electronic Technology Co's Days Sales Outstanding distribution charts can be found below:

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



Suzhou Chunqiu Electronic 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.

Suzhou Chunqiu Electronic 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
=( (1202.959 + 1044.728) / 2 ) / 3257.314*365
=1123.8435 / 3257.314*365
=125.93

Suzhou Chunqiu Electronic 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
=( (1044.728 + 1162.967) / 2 ) / 909.055*365 / 4
=1103.8475 / 909.055*365 / 4
=110.80

* 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.


Suzhou Chunqiu Electronic Technology Co  (SHSE:603890) Days Sales Outstanding Explanation

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


Suzhou Chunqiu Electronic Technology Co Days Sales Outstanding Related Terms

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Suzhou Chunqiu Electronic Technology Co (SHSE:603890) Business Description

Traded in Other Exchanges
N/A
Address
278 Feng Road, Zhangpu Town, Kunshan City, CHN, 215300
Suzhou Chunqiu Electronic Technology Co Ltd manufactures machine parts and precision mold products. It is engaged in the design, manufacture of plastic and metal parts development. Its customers include Samsung, Lenovo, LG, LinkPoint, among others.

Suzhou Chunqiu Electronic Technology Co (SHSE:603890) Headlines

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