Guangzhou Hi-Target Navigation Tech Co (SZSE:300177) Days Sales Outstanding : 786.53 (As of Mar. 2024)

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What is Guangzhou Hi-Target Navigation Tech Co Days Sales Outstanding?

Guangzhou Hi-Target Navigation Tech Co's average Accounts Receivable for the three months ended in Mar. 2024 was ¥1,003 Mil. Guangzhou Hi-Target Navigation Tech Co's Revenue for the three months ended in Mar. 2024 was ¥116 Mil. Hence, Guangzhou Hi-Target Navigation Tech Co's Days Sales Outstanding for the three months ended in Mar. 2024 was 786.53.

The historical rank and industry rank for Guangzhou Hi-Target Navigation Tech Co's Days Sales Outstanding or its related term are showing as below:

SZSE:300177' s Days Sales Outstanding Range Over the Past 10 Years
Min: 131.66 Med: 152.61 Max: 364.35
Current: 364.35

During the past 13 years, Guangzhou Hi-Target Navigation Tech Co's highest Days Sales Outstanding was 364.35. The lowest was 131.66. And the median was 152.61.

SZSE:300177's Days Sales Outstanding is ranked worse than
98.09% of 2459 companies
in the Hardware industry
Industry Median: 74.61 vs SZSE:300177: 364.35

Guangzhou Hi-Target Navigation Tech Co's Days Sales Outstanding increased from Mar. 2023 (543.45) to Mar. 2024 (786.53).

Guangzhou Hi-Target Navigation Tech Co Days Sales Outstanding Historical Data

The historical data trend for Guangzhou Hi-Target Navigation Tech 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 Hi-Target Navigation Tech Co Days Sales Outstanding Chart

Guangzhou Hi-Target Navigation Tech Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

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143.31

151.31

199.48

316.94

340.46

Guangzhou Hi-Target Navigation Tech 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															543.45	265.34	373.90	348.95	786.53

Competitive Comparison of Guangzhou Hi-Target Navigation Tech Co's Days Sales Outstanding

For the Scientific & Technical Instruments subindustry, Guangzhou Hi-Target Navigation Tech 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 Hi-Target Navigation Tech Co's Days Sales Outstanding Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Guangzhou Hi-Target Navigation Tech Co's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where Guangzhou Hi-Target Navigation Tech Co's Days Sales Outstanding falls into.

Guangzhou Hi-Target Navigation Tech 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 Hi-Target Navigation Tech 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
=	( (1161.275	+	1051.959)	/	2 )	/	1186.383	*	365
=	1106.617					/	1186.383	*	365
=	340.46

Guangzhou Hi-Target Navigation Tech 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
=	( (1051.959	+	954.186)	/	2 )	/	116.373	*	365 / 4
=	1003.0725					/	116.373	*	365 / 4
=	786.53

Guangzhou Hi-Target Navigation Tech Co (SZSE:300177) 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 Hi-Target Navigation Tech Co Days Sales Outstanding Related Terms

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Guangzhou Hi-Target Navigation Tech Co (SZSE:300177) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Guangzhou Hi-Target Navigation Tech Co Ltd (SZSE:300177) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

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Address

Number 555, North of Panyu Road, Building 13, Tian'An Technology Zone, Panyu District, Guangzhou, CHN, 511400

Website

http://www.zhdgps.com

Guangzhou Hi-Target Navigation Tech Co Ltd is engaged in providing professional high-precision geographic instrument solutions. It offers GPS/GNSS, total stations, GIS mapping products, hydrographic surveying products, UAVs, 3D laser system instruments and BDS high-precision application products, precision agriculture products, precision machine controls and indoor localization solutions.

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