China Resources Microelectronics (SHSE:688396) Days Sales Outstanding : 51.26 (As of Mar. 2024)

View and export this data going back to 2020. Start your Free Trial

What is China Resources Microelectronics Days Sales Outstanding?

China Resources Microelectronics's average Accounts Receivable for the three months ended in Mar. 2024 was ¥1,189 Mil. China Resources Microelectronics's Revenue for the three months ended in Mar. 2024 was ¥2,116 Mil. Hence, China Resources Microelectronics's Days Sales Outstanding for the three months ended in Mar. 2024 was 51.26.

The historical rank and industry rank for China Resources Microelectronics's Days Sales Outstanding or its related term are showing as below:

SHSE:688396' s Days Sales Outstanding Range Over the Past 10 Years
Min: 37.04 Med: 42 Max: 52.37
Current: 45.44

During the past 8 years, China Resources Microelectronics's highest Days Sales Outstanding was 52.37. The lowest was 37.04. And the median was 42.00.

SHSE:688396's Days Sales Outstanding is ranked better than
72.61% of 982 companies
in the Semiconductors industry
Industry Median: 62.495 vs SHSE:688396: 45.44

China Resources Microelectronics's Days Sales Outstanding increased from Mar. 2023 (42.68) to Mar. 2024 (51.26).

China Resources Microelectronics Days Sales Outstanding Historical Data

The historical data trend for China Resources Microelectronics'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.

China Resources Microelectronics Days Sales Outstanding Chart

China Resources Microelectronics Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

Get a 7-Day Free Trial

45.02

46.59

37.93

37.04

42.89

China Resources Microelectronics 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															42.68	40.44	46.21	48.20	51.26

Competitive Comparison of China Resources Microelectronics's Days Sales Outstanding

For the Semiconductors subindustry, China Resources Microelectronics'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.

China Resources Microelectronics's Days Sales Outstanding Distribution in the Semiconductors Industry

For the Semiconductors industry and Technology sector, China Resources Microelectronics's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where China Resources Microelectronics's Days Sales Outstanding falls into.

China Resources Microelectronics 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.

China Resources Microelectronics'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
=	( (1085.522	+	1241.505)	/	2 )	/	9900.604	*	365
=	1163.5135					/	9900.604	*	365
=	42.89

China Resources Microelectronics'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
=	( (1241.505	+	1135.837)	/	2 )	/	2115.859	*	365 / 4
=	1188.671					/	2115.859	*	365 / 4
=	51.26

China Resources Microelectronics (SHSE:688396) Days Sales Outstanding Explanation

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

China Resources Microelectronics Days Sales Outstanding Related Terms

Thank you for viewing the detailed overview of China Resources Microelectronics's Days Sales Outstanding provided by GuruFocus.com. Please click on the following links to see related term pages.

China Resources Microelectronics (SHSE:688396) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » China Resources Microelectronics Ltd (SHSE:688396) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 14, Liangxi Road, Jiangsu Province, Wuxi, CHN, 214061

Website

https://www.crmicro.com

China Resources Microelectronics Ltd is engaged in the design, production, and sales of power semiconductors, smart sensors, and smart control products, as well as provides manufacturing services such as open wafer manufacturing, packaging, and testing. The company's product portfolio includes power components, MOSFET, IGBT, BJT and DIODES, Power IC, Power modules, Smart sensors, and intelligent controls.

Executives

Zhang Sen	Core technical personnel
You Yong	Core technical personnel
Wu Quan Qing	Core technical personnel
Luo Xian Cai	Core technical personnel
Ding Dong Min	Core technical personnel
Duan Jun	senior management
Li Hong	Directors, senior managers, core technical personn
Wu Jian Zhong	Core technical personnel
Xia Zhang Feng	Core technical personnel
Ma Wei Qing	Senior management, core technical personnel
Zhuang Heng Qian	senior management
Chun Yu Jiang Min	Core technical personnel
Wu Guo Yi	Directors, senior managers
Zheng Chen Yan	Core technical personnel
Li Ge	senior management

China Resources Microelectronics (SHSE:688396) Headlines

No Headlines