Farsoon Technologies Co (SHSE:688433) Days Sales Outstanding : 174.80 (As of Mar. 2024)

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What is Farsoon Technologies Co Days Sales Outstanding?

Farsoon Technologies Co's average Accounts Receivable for the three months ended in Mar. 2024 was ¥238.3 Mil. Farsoon Technologies Co's Revenue for the three months ended in Mar. 2024 was ¥124.4 Mil. Hence, Farsoon Technologies Co's Days Sales Outstanding for the three months ended in Mar. 2024 was 174.80.

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

SHSE:688433' s Days Sales Outstanding Range Over the Past 10 Years
Min: 84.68 Med: 101.31 Max: 113.89
Current: 113.89

During the past 5 years, Farsoon Technologies Co's highest Days Sales Outstanding was 113.89. The lowest was 84.68. And the median was 101.31.

SHSE:688433's Days Sales Outstanding is ranked worse than
73.62% of 2945 companies
in the Industrial Products industry
Industry Median: 79.82 vs SHSE:688433: 113.89

Farsoon Technologies Co's Days Sales Outstanding increased from Mar. 2023 (136.06) to Mar. 2024 (174.80).

Farsoon Technologies Co Days Sales Outstanding Historical Data

The historical data trend for Farsoon Technologies 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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Farsoon Technologies Co Days Sales Outstanding Chart

Farsoon Technologies Co Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

108.40

84.68

90.53

101.31

110.74

Farsoon Technologies Co Quarterly Data
	Dec19	Dec20	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Days Sales Outstanding	Get a 7-Day Free Trial								136.06	105.50	121.82	79.08	174.80

Competitive Comparison of Farsoon Technologies Co's Days Sales Outstanding

For the Specialty Industrial Machinery subindustry, Farsoon Technologies 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.

Farsoon Technologies Co's Days Sales Outstanding Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Farsoon Technologies Co's Days Sales Outstanding distribution charts can be found below:

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

Farsoon Technologies 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.

Farsoon Technologies 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
=	( (142.52	+	225.236)	/	2 )	/	606.04	*	365
=	183.878					/	606.04	*	365
=	110.74

Farsoon Technologies 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
=	( (225.236	+	251.272)	/	2 )	/	124.375	*	365 / 4
=	238.254					/	124.375	*	365 / 4
=	174.80

Farsoon Technologies Co (SHSE:688433) Days Sales Outstanding Explanation

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

Farsoon Technologies Co Days Sales Outstanding Related Terms

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Farsoon Technologies Co (SHSE:688433) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Farsoon Technologies Co Ltd (SHSE:688433) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 181 Linyu Road, High-tech Development Zone, Hunan Province, Changsha, CHN, 410000

Website

https://www.farsoon.com

Farsoon Technologies Co Ltd provides industrial-grade metal additive manufacturing systems with different molding cylinder sizes and different laser configurations, auxiliary equipment and rich material processes to help users accelerate the industrialization of additive manufacturing.

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