Tianshui Huatian Technology Co (SZSE:002185) Days Sales Outstanding : 59.12 (As of Mar. 2024)

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What is Tianshui Huatian Technology Co Days Sales Outstanding?

Tianshui Huatian Technology Co's average Accounts Receivable for the three months ended in Mar. 2024 was ¥2,012 Mil. Tianshui Huatian Technology Co's Revenue for the three months ended in Mar. 2024 was ¥3,106 Mil. Hence, Tianshui Huatian Technology Co's Days Sales Outstanding for the three months ended in Mar. 2024 was 59.12.

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

SZSE:002185' s Days Sales Outstanding Range Over the Past 10 Years
Min: 42.64 Med: 49.33 Max: 60.71
Current: 56.3

During the past 13 years, Tianshui Huatian Technology Co's highest Days Sales Outstanding was 60.71. The lowest was 42.64. And the median was 49.33.

SZSE:002185's Days Sales Outstanding is ranked better than
57.94% of 982 companies
in the Semiconductors industry
Industry Median: 62.425 vs SZSE:002185: 56.30

Tianshui Huatian Technology Co's Days Sales Outstanding declined from Mar. 2023 (64.64) to Mar. 2024 (59.12).

Tianshui Huatian Technology Co Days Sales Outstanding Historical Data

The historical data trend for Tianshui Huatian 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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Tianshui Huatian Technology Co Days Sales Outstanding Chart

Tianshui Huatian Technology Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

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52.53

59.16

47.30

52.63

60.71

Tianshui Huatian 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															64.64	54.63	59.50	56.54	59.12

Competitive Comparison of Tianshui Huatian Technology Co's Days Sales Outstanding

For the Semiconductor Equipment & Materials subindustry, Tianshui Huatian 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.

Tianshui Huatian Technology Co's Days Sales Outstanding Distribution in the Semiconductors Industry

For the Semiconductors industry and Technology sector, Tianshui Huatian Technology Co's Days Sales Outstanding distribution charts can be found below:

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

Tianshui Huatian 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.

Tianshui Huatian 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
=	( (1700.516	+	2058.072)	/	2 )	/	11298.245	*	365
=	1879.294					/	11298.245	*	365
=	60.71

Tianshui Huatian 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
=	( (2058.072	+	1966.799)	/	2 )	/	3106.03	*	365 / 4
=	2012.4355					/	3106.03	*	365 / 4
=	59.12

Tianshui Huatian Technology Co (SZSE:002185) Days Sales Outstanding Explanation

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

Tianshui Huatian Technology Co Days Sales Outstanding Related Terms

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Tianshui Huatian Technology Co (SZSE:002185) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » Tianshui Huatian Technology Co Ltd (SZSE:002185) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 14 Shuangqiao Road, Qinzhou District, Gansu, Tianshui, CHN, 741000

Website

http://www.tshtkj.com

Tianshui Huatian Technology Co Ltd is an integrated circuit (IC) packaging and test enterprises in China. Its main products include plastic integrated circuits, analog integrated circuits, and hybrid integrated circuits.

Executives

Xiao Sheng Li	Director
Li Liu Jun	Directors, executives
Chen Jian Jun	Director
Zhang Yu Ming	Supervisors
Liu Jian Jun	Director
Song Yong	Executives
Chang Wen Ying	Directors, executives
Xue Yan Tong	Executives
Cui Wei Bing	Director
Zhou Yong Shou	Directors, executives
Geng Shu Kun	Supervisors

Tianshui Huatian Technology Co (SZSE:002185) Headlines

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