Shenzhen Senior Technology Material Co (SZSE:300568) Days Sales Outstanding : 195.87 (As of Mar. 2024)

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What is Shenzhen Senior Technology Material Co Days Sales Outstanding?

Shenzhen Senior Technology Material Co's average Accounts Receivable for the three months ended in Mar. 2024 was ¥1,534 Mil. Shenzhen Senior Technology Material Co's Revenue for the three months ended in Mar. 2024 was ¥715 Mil. Hence, Shenzhen Senior Technology Material Co's Days Sales Outstanding for the three months ended in Mar. 2024 was 195.87.

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

SZSE:300568' s Days Sales Outstanding Range Over the Past 10 Years
Min: 107.48 Med: 139.05 Max: 215.62
Current: 156.59

During the past 12 years, Shenzhen Senior Technology Material Co's highest Days Sales Outstanding was 215.62. The lowest was 107.48. And the median was 139.05.

SZSE:300568's Days Sales Outstanding is ranked worse than
94.36% of 1526 companies
in the Chemicals industry
Industry Median: 64.1 vs SZSE:300568: 156.59

Shenzhen Senior Technology Material Co's Days Sales Outstanding increased from Mar. 2023 (151.86) to Mar. 2024 (195.87).

Shenzhen Senior Technology Material Co Days Sales Outstanding Historical Data

The historical data trend for Shenzhen Senior Technology Material 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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Shenzhen Senior Technology Material Co Days Sales Outstanding Chart

Shenzhen Senior Technology Material Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

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215.62

175.24

141.39

136.71

173.55

Shenzhen Senior Technology Material 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															151.86	151.04	136.88	159.49	195.87

Competitive Comparison of Shenzhen Senior Technology Material Co's Days Sales Outstanding

For the Chemicals subindustry, Shenzhen Senior Technology Material 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.

Shenzhen Senior Technology Material Co's Days Sales Outstanding Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Shenzhen Senior Technology Material Co's Days Sales Outstanding distribution charts can be found below:

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

Shenzhen Senior Technology Material 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.

Shenzhen Senior Technology Material 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
=	( (1271.71	+	1593.747)	/	2 )	/	3013.234	*	365
=	1432.7285					/	3013.234	*	365
=	173.55

Shenzhen Senior Technology Material 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
=	( (1593.747	+	1474.338)	/	2 )	/	714.664	*	365 / 4
=	1534.0425					/	714.664	*	365 / 4
=	195.87

Shenzhen Senior Technology Material Co (SZSE:300568) Days Sales Outstanding Explanation

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

Shenzhen Senior Technology Material Co Days Sales Outstanding Related Terms

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Shenzhen Senior Technology Material Co (SZSE:300568) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Shenzhen Senior Technology Material Co Ltd (SZSE:300568) » Definitions » Days Sales Outstanding

Traded in Other Exchanges

N/A

Address

North of the Garden Road, Gongming Office, Guangming New District, Guangdong Province, Shenzhen, CHN, 518078

Website

http://www.senior798.com

Shenzhen Senior Technology Material Co Ltd is operating in the lithium battery separator industry. The company is mainly focused on the research, development, production, sales and service of lithium battery separators. The company's product portfolio includes SQ's high strength dry process, SW's wet process, SH's ceramic coating Products and SJ's polymer coating. Its products are widely used in new energy vehicles, digital products, energy storage power stations, aerospace, electric tools and other fields.

Executives

Chen Xiu Feng	Directors, executives
Wang Chang Hong	Directors, executives
Chen Liang	Directors, executives
Han Xue Song	Director
Zhang Sheng	Executives

Shenzhen Senior Technology Material Co (SZSE:300568) Headlines

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