Beijing Shiji Information Technology Co (SZSE:002153) Days Sales Outstanding : 84.40 (As of Mar. 2024)

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What is Beijing Shiji Information Technology Co Days Sales Outstanding?

Beijing Shiji Information Technology Co's average Accounts Receivable for the three months ended in Mar. 2024 was ¥584 Mil. Beijing Shiji Information Technology Co's Revenue for the three months ended in Mar. 2024 was ¥631 Mil. Hence, Beijing Shiji Information Technology Co's Days Sales Outstanding for the three months ended in Mar. 2024 was 84.40.

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

SZSE:002153' s Days Sales Outstanding Range Over the Past 10 Years
Min: 41.19 Med: 54.08 Max: 84.35
Current: 74.68

During the past 13 years, Beijing Shiji Information Technology Co's highest Days Sales Outstanding was 84.35. The lowest was 41.19. And the median was 54.08.

SZSE:002153's Days Sales Outstanding is ranked worse than
61.7% of 2731 companies
in the Software industry
Industry Median: 61.83 vs SZSE:002153: 74.68

Beijing Shiji Information Technology Co's Days Sales Outstanding declined from Mar. 2023 (97.25) to Mar. 2024 (84.40).

Beijing Shiji Information Technology Co Days Sales Outstanding Historical Data

The historical data trend for Beijing Shiji 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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Beijing Shiji Information Technology Co Days Sales Outstanding Chart

Beijing Shiji Information Technology Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

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54.75

71.74

73.77

84.35

77.21

Beijing Shiji Information Technology Co 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															97.25	83.65	75.71	58.20	84.40

Competitive Comparison of Beijing Shiji Information Technology Co's Days Sales Outstanding

For the Software - Application subindustry, Beijing Shiji 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.

Beijing Shiji Information Technology Co's Days Sales Outstanding Distribution in the Software Industry

For the Software industry and Technology sector, Beijing Shiji Information Technology Co's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where Beijing Shiji Information Technology Co's Days Sales Outstanding falls into.

Beijing Shiji 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.

Beijing Shiji 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
=	( (570.436	+	592.646)	/	2 )	/	2749.329	*	365
=	581.541					/	2749.329	*	365
=	77.21

Beijing Shiji 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
=	( (592.646	+	575.174)	/	2 )	/	631.294	*	365 / 4
=	583.91					/	631.294	*	365 / 4
=	84.40

Beijing Shiji Information Technology Co (SZSE:002153) Days Sales Outstanding Explanation

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

Beijing Shiji Information Technology Co Days Sales Outstanding Related Terms

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Beijing Shiji Information Technology Co (SZSE:002153) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Beijing Shiji Information Technology Co Ltd (SZSE:002153) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

N/A

Address

15F, Beijing INN, No.5 East Shui, Jing Hu Tong, Chao Yang Men Nei, Dongcheng District, Beijing, CHN, 100036

Website

http://www.shijigroup.com

Beijing Shiji Information Technology Co Ltd is an information technology company based in China. It is engaged in the development of software solutions serving mainly hotel, food and beverage, retail, and leisure and entertainment sectors. Shiji provides branded chain stores with complete management solutions and department store solutions which include investment management system, ERP, CRM, visual counter system, mobile POS and cloud platform. In addition, Shiji provides installation, certifications and after-sales service for a variety of hardware including servers, point of sale equipment and printers.

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