Sensteed Hi-tech Group (SZSE:000981) Days Sales Outstanding : 68.34 (As of Mar. 2024)

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What is Sensteed Hi-tech Group Days Sales Outstanding?

Sensteed Hi-tech Group's average Accounts Receivable for the three months ended in Mar. 2024 was ¥884 Mil. Sensteed Hi-tech Group's Revenue for the three months ended in Mar. 2024 was ¥1,180 Mil. Hence, Sensteed Hi-tech Group's Days Sales Outstanding for the three months ended in Mar. 2024 was 68.34.

The historical rank and industry rank for Sensteed Hi-tech Group's Days Sales Outstanding or its related term are showing as below:

SZSE:000981' s Days Sales Outstanding Range Over the Past 10 Years
Min: 4.53 Med: 53.39 Max: 82.32
Current: 61.68

During the past 13 years, Sensteed Hi-tech Group's highest Days Sales Outstanding was 82.32. The lowest was 4.53. And the median was 53.39.

SZSE:000981's Days Sales Outstanding is ranked worse than
51.78% of 1265 companies
in the Vehicles & Parts industry
Industry Median: 60.2 vs SZSE:000981: 61.68

Sensteed Hi-tech Group's Days Sales Outstanding increased from Mar. 2023 (56.74) to Mar. 2024 (68.34).

Sensteed Hi-tech Group Days Sales Outstanding Historical Data

The historical data trend for Sensteed Hi-tech Group'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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Sensteed Hi-tech Group Days Sales Outstanding Chart

Sensteed Hi-tech Group Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

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60.84

40.11

59.75

57.63

50.34

Sensteed Hi-tech Group 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															56.74	47.03	60.65	81.07	68.34

Competitive Comparison of Sensteed Hi-tech Group's Days Sales Outstanding

For the Auto Manufacturers subindustry, Sensteed Hi-tech Group'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.

Sensteed Hi-tech Group's Days Sales Outstanding Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Sensteed Hi-tech Group's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where Sensteed Hi-tech Group's Days Sales Outstanding falls into.

Sensteed Hi-tech Group 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.

Sensteed Hi-tech Group'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
=	( (612.035	+	859.78)	/	2 )	/	5335.834	*	365
=	735.9075					/	5335.834	*	365
=	50.34

Sensteed Hi-tech Group'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
=	( (859.78	+	907.411)	/	2 )	/	1179.793	*	365 / 4
=	883.5955					/	1179.793	*	365 / 4
=	68.34

Sensteed Hi-tech Group (SZSE:000981) Days Sales Outstanding Explanation

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

Sensteed Hi-tech Group Days Sales Outstanding Related Terms

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Sensteed Hi-tech Group (SZSE:000981) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Sensteed Hi-tech Group (SZSE:000981) » Definitions » Days Sales Outstanding

Traded in Other Exchanges

N/A

Address

No. 1800, Zhongshan East Road, 42nd Floor, Guohua Financial Center, Yinzhou District, Zhejiang Province, Ningbo, CHN, 315100

Website

https://www.sensteed.com

Sensteed Hi-tech Group is engaged in the New energy business. It's actively deploying new energy vehicles & semiconductors Dual industry chains to create a high-end manufacturing ecosystem that is interconnected and interactive with multiple industries such as new energy vehicle manufacturing, semiconductor packaging materials, high-end automotive parts, and travel services.

Executives

Xiong Xu Qiang	Director
Wu Xi Liang	Director
Liang Yong Bo	Supervisors
Xu Hai Jiang	Supervisors
Jin Zhao Xiu	Director
Hou Xin Cai	Executives

Sensteed Hi-tech Group (SZSE:000981) Headlines

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