Beijing Forever Technology Co (SZSE:300365) Days Sales Outstanding : 774.91 (As of Mar. 2024)

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What is Beijing Forever Technology Co Days Sales Outstanding?

Beijing Forever Technology Co's average Accounts Receivable for the three months ended in Mar. 2024 was ¥954.1 Mil. Beijing Forever Technology Co's Revenue for the three months ended in Mar. 2024 was ¥112.4 Mil. Hence, Beijing Forever Technology Co's Days Sales Outstanding for the three months ended in Mar. 2024 was 774.91.

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

SZSE:300365' s Days Sales Outstanding Range Over the Past 10 Years
Min: 211.28 Med: 318.61 Max: 733.63
Current: 459.64

During the past 13 years, Beijing Forever Technology Co's highest Days Sales Outstanding was 733.63. The lowest was 211.28. And the median was 318.61.

SZSE:300365's Days Sales Outstanding is ranked worse than
97.11% of 2732 companies
in the Software industry
Industry Median: 61.675 vs SZSE:300365: 459.64

Beijing Forever Technology Co's Days Sales Outstanding declined from Mar. 2023 (953.81) to Mar. 2024 (774.91).

Beijing Forever Technology Co Days Sales Outstanding Historical Data

The historical data trend for Beijing Forever 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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Beijing Forever Technology Co Days Sales Outstanding Chart

Beijing Forever Technology Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

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371.21

494.00

533.51

733.63

467.92

Beijing Forever 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															953.81	813.14	989.57	187.01	774.91

Competitive Comparison of Beijing Forever Technology Co's Days Sales Outstanding

For the Software - Application subindustry, Beijing Forever 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.

Beijing Forever Technology Co's Days Sales Outstanding Distribution in the Software Industry

For the Software industry and Technology sector, Beijing Forever Technology Co's Days Sales Outstanding distribution charts can be found below:

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

Beijing Forever 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.

Beijing Forever 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
=	( (1168.899	+	956.116)	/	2 )	/	828.806	*	365
=	1062.5075					/	828.806	*	365
=	467.92

Beijing Forever 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
=	( (956.116	+	952.128)	/	2 )	/	112.353	*	365 / 4
=	954.122					/	112.353	*	365 / 4
=	774.91

Beijing Forever Technology Co (SZSE:300365) Days Sales Outstanding Explanation

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

Beijing Forever Technology Co Days Sales Outstanding Related Terms

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Beijing Forever Technology Co (SZSE:300365) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Beijing Forever Technology Co Ltd (SZSE:300365) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

N/A

Address

No.138 Andingmenwai Street, 12th Floor, Tower A, Huangcheng International Center, Dongcheng District, Beijing, CHN, 100011

Website

http://www.ieforever.com

Beijing Forever Technology Co Ltd is a Chinese high-tech company engaged in providing smart grid solutions and services. It offers full life cycle informatization solutions, power engineering consultation, power investigation and surveying and EPC for power transmission and transformation. In addition, the company also provides solutions for the businesses of new energy, smart transportation, electricity sales service, hydropower, environmental protection, and others. The company also provides support to overseas business by offering electric power and power grid engineering design, construction, new energy design and development, and informatization construction in related industries.

Executives

Luo Xin Wei	Directors, executives
Meng Ling Jun	Directors, executives
Hu Bao Liang	Supervisors
Jiang Chun Hua	Director

Beijing Forever Technology Co (SZSE:300365) Headlines

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