Lens Technology Co (SZSE:300433) Days Sales Outstanding : 50.43 (As of Mar. 2024)

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What is Lens Technology Co Days Sales Outstanding?

Lens Technology Co's average Accounts Receivable for the three months ended in Mar. 2024 was ¥8,565 Mil. Lens Technology Co's Revenue for the three months ended in Mar. 2024 was ¥15,498 Mil. Hence, Lens Technology Co's Days Sales Outstanding for the three months ended in Mar. 2024 was 50.43.

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

SZSE:300433' s Days Sales Outstanding Range Over the Past 10 Years
Min: 47.82 Med: 72.34 Max: 80.08
Current: 47.82

During the past 13 years, Lens Technology Co's highest Days Sales Outstanding was 80.08. The lowest was 47.82. And the median was 72.34.

SZSE:300433's Days Sales Outstanding is ranked better than
79.94% of 2462 companies
in the Hardware industry
Industry Median: 74.315 vs SZSE:300433: 47.82

Lens Technology Co's Days Sales Outstanding declined from Mar. 2023 (72.37) to Mar. 2024 (50.43).

Lens Technology Co Days Sales Outstanding Historical Data

The historical data trend for Lens 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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Lens Technology Co Days Sales Outstanding Chart

Lens Technology Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

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78.10

73.14

71.54

73.21

61.37

Lens 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															72.37	56.97	52.51	41.17	50.43

Competitive Comparison of Lens Technology Co's Days Sales Outstanding

For the Electronic Components subindustry, Lens 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.

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

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

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

Lens 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.

Lens 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
=	( (9021.068	+	9302.294)	/	2 )	/	54490.734	*	365
=	9161.681					/	54490.734	*	365
=	61.37

Lens 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
=	( (9302.294	+	7828.184)	/	2 )	/	15498.275	*	365 / 4
=	8565.239					/	15498.275	*	365 / 4
=	50.43

Lens Technology Co (SZSE:300433) Days Sales Outstanding Explanation

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

Lens Technology Co Days Sales Outstanding Related Terms

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Lens Technology Co (SZSE:300433) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Lens Technology Co Ltd (SZSE:300433) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

N/A

Address

Liuyang Biomedical Park, Changsha, CHN, 410311

Website

http://www.hnlens.com

Lens Technology Co Ltd researches develop, produces, and sells protective glass touch panels in China. It offers protective window glass, touch screen unit, touch screen module, camera module, fingerprint module, and camera related products, as well as buttons, ceramics, metal parts, and other products. The company's products are used in mobile phones; tablet PCs, notebook computers, digital cameras, players, GPS navigation systems, automotive instrumentation, smart homes, medical equipment, and other areas.

Lens Technology Co (SZSE:300433) Headlines

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