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Avcon Information Technology Co (SZSE:300074) Days Sales Outstanding : 1,336.26 (As of Mar. 2024)


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What is Avcon Information Technology Co Days Sales Outstanding?

Avcon Information Technology Co's average Accounts Receivable for the three months ended in Mar. 2024 was ¥524.3 Mil. Avcon Information Technology Co's Revenue for the three months ended in Mar. 2024 was ¥35.8 Mil. Hence, Avcon Information Technology Co's Days Sales Outstanding for the three months ended in Mar. 2024 was 1,336.26.

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

SZSE:300074' s Days Sales Outstanding Range Over the Past 10 Years
Min: 145.14   Med: 238.09   Max: 474.14
Current: 423.49

During the past 13 years, Avcon Information Technology Co's highest Days Sales Outstanding was 474.14. The lowest was 145.14. And the median was 238.09.

SZSE:300074's Days Sales Outstanding is ranked worse than
98.54% of 2460 companies
in the Hardware industry
Industry Median: 74.5 vs SZSE:300074: 423.49

Avcon Information Technology Co's Days Sales Outstanding increased from Mar. 2023 (517.64) to Mar. 2024 (1,336.26).


Avcon Information Technology Co Days Sales Outstanding Historical Data

The historical data trend for Avcon 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.

* Premium members only.

Avcon Information Technology Co Days Sales Outstanding Chart

Avcon Information Technology Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Sales Outstanding
Get a 7-Day Free Trial Premium Member Only Premium Member Only 256.89 333.72 386.45 474.14 375.47

Avcon 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 517.64 456.87 462.96 237.66 1,336.26

Competitive Comparison of Avcon Information Technology Co's Days Sales Outstanding

For the Communication Equipment subindustry, Avcon 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.


Avcon Information Technology Co's Days Sales Outstanding Distribution in the Hardware Industry

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

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



Avcon 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.

Avcon 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
=( (559.527 + 533.918) / 2 ) / 531.471*365
=546.7225 / 531.471*365
=375.47

Avcon 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
=( (533.918 + 514.592) / 2 ) / 35.8*365 / 4
=524.255 / 35.8*365 / 4
=1,336.26

* 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.


Avcon Information Technology Co  (SZSE:300074) Days Sales Outstanding Explanation

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


Avcon Information Technology Co Days Sales Outstanding Related Terms

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Avcon Information Technology Co (SZSE:300074) Business Description

Traded in Other Exchanges
N/A
Address
No. 69, Lane 1688, North Guoquan Road, Building A6, Wangu Science and Technology Park, Yangpu District, Shanghai, CHN, 200433
Avcon Information Technology Co Ltd designs and sells audio and video communication products and image intelligent integrated applications. It provides users with visual application solutions such as video conferencing, emergency command, smart cities security monitoring, safe cities, intelligent transportation, online education, and video call centers.
Executives
Li Hui Secretary, Director
Tian Tian Supervisors
Cheng Lin Fang Executives
Fang Yong Xin Director
Guo Feng Directors, executives
Chen Zhuang Independent director
Tang Xiao Yun Secretary Dong
Wu Biao Executives
Huang Qiao Lian Securities Affairs Representative
Xi Feng Wei Directors, executives
Liu Xiao Lu Director
Liu Yan Director
Zhou Xiao Chuan Supervisors
Liu Xiao Dan Director
Li Ji Chun Supervisors

Avcon Information Technology Co (SZSE:300074) Headlines

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