Huizhou Speed Wireless Technology Co (SZSE:300322) Days Sales Outstanding : 118.52 (As of Mar. 2024)

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What is Huizhou Speed Wireless Technology Co Days Sales Outstanding?

Huizhou Speed Wireless Technology Co's average Accounts Receivable for the three months ended in Mar. 2024 was ¥475 Mil. Huizhou Speed Wireless Technology Co's Revenue for the three months ended in Mar. 2024 was ¥365 Mil. Hence, Huizhou Speed Wireless Technology Co's Days Sales Outstanding for the three months ended in Mar. 2024 was 118.52.

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

SZSE:300322' s Days Sales Outstanding Range Over the Past 10 Years
Min: 57.35 Med: 85.73 Max: 136.36
Current: 106.98

During the past 13 years, Huizhou Speed Wireless Technology Co's highest Days Sales Outstanding was 136.36. The lowest was 57.35. And the median was 85.73.

SZSE:300322's Days Sales Outstanding is ranked worse than
74.98% of 2462 companies
in the Hardware industry
Industry Median: 74.315 vs SZSE:300322: 106.98

Huizhou Speed Wireless Technology Co's Days Sales Outstanding declined from Mar. 2023 (134.85) to Mar. 2024 (118.52).

Huizhou Speed Wireless Technology Co Days Sales Outstanding Historical Data

The historical data trend for Huizhou Speed Wireless 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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Huizhou Speed Wireless Technology Co Days Sales Outstanding Chart

Huizhou Speed Wireless Technology Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

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86.13

102.04

108.46

136.36

119.09

Huizhou Speed Wireless 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															134.85	103.94	105.25	109.65	118.52

Competitive Comparison of Huizhou Speed Wireless Technology Co's Days Sales Outstanding

For the Communication Equipment subindustry, Huizhou Speed Wireless 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.

Huizhou Speed Wireless Technology Co's Days Sales Outstanding Distribution in the Hardware Industry

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

* The bar in red indicates where Huizhou Speed Wireless Technology Co's Days Sales Outstanding falls into.

Huizhou Speed Wireless 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.

Huizhou Speed Wireless 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
=	( (565.182	+	513.373)	/	2 )	/	1652.769	*	365
=	539.2775					/	1652.769	*	365
=	119.09

Huizhou Speed Wireless 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
=	( (513.373	+	435.817)	/	2 )	/	365.4	*	365 / 4
=	474.595					/	365.4	*	365 / 4
=	118.52

Huizhou Speed Wireless Technology Co (SZSE:300322) Days Sales Outstanding Explanation

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

Huizhou Speed Wireless Technology Co Days Sales Outstanding Related Terms

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Huizhou Speed Wireless Technology Co (SZSE:300322) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Huizhou Speed Wireless Technology Co Ltd (SZSE:300322) » Definitions » Days Sales Outstanding

Traded in Other Exchanges

N/A

Address

SX-01-02, Shangxia Section, Hi-tech District of East-river, Guangdong, Huizhou, CHN, 516255

Website

http://www.speed-hz.com

Huizhou Speed Wireless Technology Co Ltd is a manufacturer of wireless communication antennas and intelligent terminal product components. The product range consists of precision molds, plastic and metal structure, wireless charging products, fingerprint sensor module, and semiconductor packaging and testing, advanced intelligent test fixture and equipment. The products are mainly used in mobile phones, tablets, wearable devices, notebook computers, automobiles, unmanned aerial vehicles, security monitoring and other fields.

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