Kengic Intelligent Technology Co (SHSE:688455) Days Sales Outstanding : 219.42 (As of Mar. 2024)

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What is Kengic Intelligent Technology Co Days Sales Outstanding?

Kengic Intelligent Technology Co's average Accounts Receivable for the three months ended in Mar. 2024 was ¥363 Mil. Kengic Intelligent Technology Co's Revenue for the three months ended in Mar. 2024 was ¥151 Mil. Hence, Kengic Intelligent Technology Co's Days Sales Outstanding for the three months ended in Mar. 2024 was 219.42.

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

SHSE:688455' s Days Sales Outstanding Range Over the Past 10 Years
Min: 70.04 Med: 96.93 Max: 143.63
Current: 104.09

During the past 6 years, Kengic Intelligent Technology Co's highest Days Sales Outstanding was 143.63. The lowest was 70.04. And the median was 96.93.

SHSE:688455's Days Sales Outstanding is ranked worse than
68.35% of 2957 companies
in the Industrial Products industry
Industry Median: 79.65 vs SHSE:688455: 104.09

Kengic Intelligent Technology Co's Days Sales Outstanding declined from Mar. 2023 (4,238.52) to Mar. 2024 (219.42).

Kengic Intelligent Technology Co Days Sales Outstanding Historical Data

The historical data trend for Kengic Intelligent 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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Kengic Intelligent Technology Co Days Sales Outstanding Chart

Kengic Intelligent Technology Co Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

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110.44

75.96

70.04

91.15

143.63

Kengic Intelligent Technology Co Quarterly Data
	Dec18	Dec19	Sep20	Dec20	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Days Sales Outstanding	Get a 7-Day Free Trial											4,238.52	109.60	283.07	43.78	219.42

Competitive Comparison of Kengic Intelligent Technology Co's Days Sales Outstanding

For the Specialty Industrial Machinery subindustry, Kengic Intelligent 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.

Kengic Intelligent Technology Co's Days Sales Outstanding Distribution in the Industrial Products Industry

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

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

Kengic Intelligent 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.

Kengic Intelligent 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
=	( (534.458	+	369.372)	/	2 )	/	1148.463	*	365
=	451.915					/	1148.463	*	365
=	143.63

Kengic Intelligent 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
=	( (369.372	+	356.362)	/	2 )	/	150.907	*	365 / 4
=	362.867					/	150.907	*	365 / 4
=	219.42

Kengic Intelligent Technology Co (SHSE:688455) Days Sales Outstanding Explanation

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

Kengic Intelligent Technology Co Days Sales Outstanding Related Terms

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Kengic Intelligent Technology Co (SHSE:688455) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Kengic Intelligent Technology Co Ltd (SHSE:688455) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

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Address

No. 21, Jinye Road, High-tech Zone, Shandong Province, Qingdao, CHN, 266111

Website

https://www.kengic.com

Kengic Intelligent Technology Co Ltd is a provider of intelligent logistics and intelligent manufacturing solutions with its own core technologies and products. The company's business covers digital system consulting, program planning, integrated design, equipment development, software research and development, on-site implementation and continuous after-sales service and other one-stop high-end services for the entire industry chain.

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