Guangzhou Haige Communications Group Co (SZSE:002465) Days Sales Outstanding : 430.16 (As of Mar. 2024)

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What is Guangzhou Haige Communications Group Co Days Sales Outstanding?

Guangzhou Haige Communications Group Co's average Accounts Receivable for the three months ended in Mar. 2024 was ¥5,394 Mil. Guangzhou Haige Communications Group Co's Revenue for the three months ended in Mar. 2024 was ¥1,144 Mil. Hence, Guangzhou Haige Communications Group Co's Days Sales Outstanding for the three months ended in Mar. 2024 was 430.16.

The historical rank and industry rank for Guangzhou Haige Communications Group Co's Days Sales Outstanding or its related term are showing as below:

SZSE:002465' s Days Sales Outstanding Range Over the Past 10 Years
Min: 155.57 Med: 192.66 Max: 263.55
Current: 260.14

During the past 13 years, Guangzhou Haige Communications Group Co's highest Days Sales Outstanding was 263.55. The lowest was 155.57. And the median was 192.66.

SZSE:002465's Days Sales Outstanding is ranked worse than
95.77% of 2459 companies
in the Hardware industry
Industry Median: 74.52 vs SZSE:002465: 260.14

Guangzhou Haige Communications Group Co's Days Sales Outstanding increased from Mar. 2023 (307.45) to Mar. 2024 (430.16).

Guangzhou Haige Communications Group Co Days Sales Outstanding Historical Data

The historical data trend for Guangzhou Haige Communications Group 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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Guangzhou Haige Communications Group Co Days Sales Outstanding Chart

Guangzhou Haige Communications Group Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

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199.06

180.65

175.61

199.54

248.05

Guangzhou Haige Communications Group 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															307.45	194.91	356.48	189.90	430.16

Competitive Comparison of Guangzhou Haige Communications Group Co's Days Sales Outstanding

For the Communication Equipment subindustry, Guangzhou Haige Communications Group 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.

Guangzhou Haige Communications Group Co's Days Sales Outstanding Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Guangzhou Haige Communications Group Co's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where Guangzhou Haige Communications Group Co's Days Sales Outstanding falls into.

Guangzhou Haige Communications Group 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.

Guangzhou Haige Communications Group 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
=	( (3431.255	+	5333.993)	/	2 )	/	6449.042	*	365
=	4382.624					/	6449.042	*	365
=	248.05

Guangzhou Haige Communications Group 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
=	( (5333.993	+	5454.813)	/	2 )	/	1144.317	*	365 / 4
=	5394.403					/	1144.317	*	365 / 4
=	430.16

Guangzhou Haige Communications Group Co (SZSE:002465) Days Sales Outstanding Explanation

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

Guangzhou Haige Communications Group Co Days Sales Outstanding Related Terms

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Guangzhou Haige Communications Group Co (SZSE:002465) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Guangzhou Haige Communications Group Inc Co (SZSE:002465) » Definitions » Days Sales Outstanding

Traded in Other Exchanges

N/A

Address

88 Haiyun Road, Science City, High-tech Industrial Development Zone, Guangzhou, CHN, 510663

Website

http://www.haige.com

Guangzhou Haige Communications Group Inc Co is engaged in the business of manufacturing wireless communication and navigation systems. It provides software solutions to government, finance, transportation, and national defense sectors.

Guangzhou Haige Communications Group Co (SZSE:002465) Headlines

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