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Shanghai New Centurion Network Information Technology Co (SHSE:605398) Days Sales Outstanding : 47.64 (As of Mar. 2024)


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What is Shanghai New Centurion Network Information Technology Co Days Sales Outstanding?

Shanghai New Centurion Network Information Technology Co's average Accounts Receivable for the three months ended in Mar. 2024 was ¥69.6 Mil. Shanghai New Centurion Network Information Technology Co's Revenue for the three months ended in Mar. 2024 was ¥133.3 Mil. Hence, Shanghai New Centurion Network Information Technology Co's Days Sales Outstanding for the three months ended in Mar. 2024 was 47.64.

The historical rank and industry rank for Shanghai New Centurion Network Information Technology Co's Days Sales Outstanding or its related term are showing as below:

SHSE:605398' s Days Sales Outstanding Range Over the Past 10 Years
Min: 31.36   Med: 58.79   Max: 141.82
Current: 37.84

During the past 8 years, Shanghai New Centurion Network Information Technology Co's highest Days Sales Outstanding was 141.82. The lowest was 31.36. And the median was 58.79.

SHSE:605398's Days Sales Outstanding is ranked better than
79.1% of 2732 companies
in the Software industry
Industry Median: 61.675 vs SHSE:605398: 37.84

Shanghai New Centurion Network Information Technology Co's Days Sales Outstanding increased from Mar. 2023 (40.47) to Mar. 2024 (47.64).


Shanghai New Centurion Network Information Technology Co Days Sales Outstanding Historical Data

The historical data trend for Shanghai New Centurion Network Information 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.

* Premium members only.

Shanghai New Centurion Network Information Technology Co Days Sales Outstanding Chart

Shanghai New Centurion Network Information Technology Co Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Sales Outstanding
Get a 7-Day Free Trial 78.13 38.37 39.45 32.52 31.36

Shanghai New Centurion Network Information Technology Co Quarterly Data
Dec18 Jun19 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 40.47 40.36 35.44 26.68 47.64

Competitive Comparison of Shanghai New Centurion Network Information Technology Co's Days Sales Outstanding

For the Information Technology Services subindustry, Shanghai New Centurion Network Information 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 New Centurion Network Information Technology Co's Days Sales Outstanding Distribution in the Software Industry

For the Software industry and Technology sector, Shanghai New Centurion Network Information Technology Co's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where Shanghai New Centurion Network Information Technology Co's Days Sales Outstanding falls into.



Shanghai New Centurion Network Information 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 New Centurion Network Information 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
=( (48.135 + 61.246) / 2 ) / 636.506*365
=54.6905 / 636.506*365
=31.36

Shanghai New Centurion Network Information 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
=( (61.246 + 77.94) / 2 ) / 133.305*365 / 4
=69.593 / 133.305*365 / 4
=47.64

* 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.


Shanghai New Centurion Network Information Technology Co  (SHSE:605398) 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 New Centurion Network Information Technology Co Days Sales Outstanding Related Terms

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Shanghai New Centurion Network Information Technology Co (SHSE:605398) Business Description

Traded in Other Exchanges
N/A
Address
No. 588, Lane 7548, Waiqingsong Road, Room 113, Area R, 1st Floor, Building 1, Qingpu District, Shanghai, CHN, 201701
Shanghai New Centurion Network Information Technology Co Ltd is a information technology system software service provider. It focuses on third-party operation and maintenance services and operation and maintenance products for IT data centers.
Executives
Sun Zheng Yang Director
Sun Zheng Han Director
Shi Hui Director
Li Hao Jiang Director
Cheng Yong Xin Director
Sun Xing Yan Director

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