Aerospace Nanhu Electronic Information Technology Co (SHSE:688552) Days Sales Outstanding : 839.42 (As of Mar. 2024)

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What is Aerospace Nanhu Electronic Information Technology Co Days Sales Outstanding?

Aerospace Nanhu Electronic Information Technology Co's average Accounts Receivable for the three months ended in Mar. 2024 was ¥253.1 Mil. Aerospace Nanhu Electronic Information Technology Co's Revenue for the three months ended in Mar. 2024 was ¥27.5 Mil. Hence, Aerospace Nanhu Electronic Information Technology Co's Days Sales Outstanding for the three months ended in Mar. 2024 was 839.42.

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

SHSE:688552' s Days Sales Outstanding Range Over the Past 10 Years
Min: 71.02 Med: 121.72 Max: 331.86
Current: 165.55

During the past 5 years, Aerospace Nanhu Electronic Information Technology Co's highest Days Sales Outstanding was 331.86. The lowest was 71.02. And the median was 121.72.

SHSE:688552's Days Sales Outstanding is ranked worse than
83.39% of 301 companies
in the Aerospace & Defense industry
Industry Median: 62.96 vs SHSE:688552: 165.55

Aerospace Nanhu Electronic Information Technology Co's Days Sales Outstanding declined from Mar. 2023 (991.39) to Mar. 2024 (839.42).

Warning Sign:

If a company's sales outstanding increases, it means it has difficulty collecting payments from its customers.

Aerospace Nanhu Electronic Information Technology Co Days Sales Outstanding Historical Data

The historical data trend for Aerospace Nanhu Electronic 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.

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Aerospace Nanhu Electronic Information Technology Co Days Sales Outstanding Chart

Aerospace Nanhu Electronic Information Technology Co Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

121.72

89.24

71.02

331.86

286.84

Aerospace Nanhu Electronic Information Technology 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								991.39	96.58	267.00	146.22	839.42

Competitive Comparison of Aerospace Nanhu Electronic Information Technology Co's Days Sales Outstanding

For the Aerospace & Defense subindustry, Aerospace Nanhu Electronic 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.

Aerospace Nanhu Electronic Information Technology Co's Days Sales Outstanding Distribution in the Aerospace & Defense Industry

For the Aerospace & Defense industry and Industrials sector, Aerospace Nanhu Electronic Information Technology Co's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where Aerospace Nanhu Electronic Information Technology Co's Days Sales Outstanding falls into.

Aerospace Nanhu Electronic 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.

Aerospace Nanhu Electronic 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
=	( (866.47	+	274.111)	/	2 )	/	725.687	*	365
=	570.2905					/	725.687	*	365
=	286.84

Aerospace Nanhu Electronic 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
=	( (274.111	+	232.006)	/	2 )	/	27.509	*	365 / 4
=	253.0585					/	27.509	*	365 / 4
=	839.42

Aerospace Nanhu Electronic Information Technology Co (SHSE:688552) Days Sales Outstanding Explanation

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

Aerospace Nanhu Electronic Information Technology Co Days Sales Outstanding Related Terms

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Aerospace Nanhu Electronic Information Technology Co (SHSE:688552) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Aerospace & Defense » Aerospace Nanhu Electronic Information Technology Co Ltd (SHSE:688552) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 51, Jinlong Road, Shashi District, Hubei Province, Jingzhou, CHN, 434000

Website

Aerospace Nanhu Electronic Information Technology Co Ltd is engaged in the research and development, production, sales and service of air defense early warning radar.

Aerospace Nanhu Electronic Information Technology Co (SHSE:688552) Headlines

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