Guangdong High Dream Intellectualized Machinery Co (SZSE:300720) Days Sales Outstanding : 76.75 (As of Mar. 2024)

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What is Guangdong High Dream Intellectualized Machinery Co Days Sales Outstanding?

Guangdong High Dream Intellectualized Machinery Co's average Accounts Receivable for the three months ended in Mar. 2024 was ¥36.2 Mil. Guangdong High Dream Intellectualized Machinery Co's Revenue for the three months ended in Mar. 2024 was ¥43.0 Mil. Hence, Guangdong High Dream Intellectualized Machinery Co's Days Sales Outstanding for the three months ended in Mar. 2024 was 76.75.

The historical rank and industry rank for Guangdong High Dream Intellectualized Machinery Co's Days Sales Outstanding or its related term are showing as below:

SZSE:300720' s Days Sales Outstanding Range Over the Past 10 Years
Min: 14.65 Med: 23.44 Max: 53.99
Current: 53.79

During the past 11 years, Guangdong High Dream Intellectualized Machinery Co's highest Days Sales Outstanding was 53.99. The lowest was 14.65. And the median was 23.44.

SZSE:300720's Days Sales Outstanding is ranked better than
78.08% of 2956 companies
in the Industrial Products industry
Industry Median: 79.61 vs SZSE:300720: 53.79

Guangdong High Dream Intellectualized Machinery Co's Days Sales Outstanding increased from Mar. 2023 (62.86) to Mar. 2024 (76.75).

Guangdong High Dream Intellectualized Machinery Co Days Sales Outstanding Historical Data

The historical data trend for Guangdong High Dream Intellectualized Machinery 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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Guangdong High Dream Intellectualized Machinery Co Days Sales Outstanding Chart

Guangdong High Dream Intellectualized Machinery Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

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23.05

22.68

27.35

48.27

53.99

Guangdong High Dream Intellectualized Machinery 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															62.86	48.78	56.03	45.08	76.75

Competitive Comparison of Guangdong High Dream Intellectualized Machinery Co's Days Sales Outstanding

For the Specialty Industrial Machinery subindustry, Guangdong High Dream Intellectualized Machinery 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.

Guangdong High Dream Intellectualized Machinery Co's Days Sales Outstanding Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Guangdong High Dream Intellectualized Machinery Co's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where Guangdong High Dream Intellectualized Machinery Co's Days Sales Outstanding falls into.

Guangdong High Dream Intellectualized Machinery 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.

Guangdong High Dream Intellectualized Machinery 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
=	( (29.297	+	37.413)	/	2 )	/	225.5	*	365
=	33.355					/	225.5	*	365
=	53.99

Guangdong High Dream Intellectualized Machinery 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
=	( (37.413	+	35.006)	/	2 )	/	43.049	*	365 / 4
=	36.2095					/	43.049	*	365 / 4
=	76.75

Guangdong High Dream Intellectualized Machinery Co (SZSE:300720) Days Sales Outstanding Explanation

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

Guangdong High Dream Intellectualized Machinery Co Days Sales Outstanding Related Terms

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Guangdong High Dream Intellectualized Machinery Co (SZSE:300720) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Guangdong High Dream Intellectualized Machinery Co Ltd (SZSE:300720) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

N/A

Address

No.3, Longzhan Road, Huanglong Village Committee, Beijiao Town, Shunde District, Guangdong Province, Foshan, CHN, 528311

Website

http://www.highdream.net

Guangdong High Dream Intellectualized Machinery Co Ltd manufactures and sells weighing machineries in China. The company's products include intelligent combination scales, metal detector, loss-in-weight feeders and ancillary equipment. Its products are used for the weighing in food, plastic and chemical industries, as well as for the dynamic measurement in feeding, batching and other processes.

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