Dongguan Tarry Electronics Co (SZSE:300976) Days Sales Outstanding : 68.31 (As of Mar. 2024)

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What is Dongguan Tarry Electronics Co Days Sales Outstanding?

Dongguan Tarry Electronics Co's average Accounts Receivable for the three months ended in Mar. 2024 was ¥339 Mil. Dongguan Tarry Electronics Co's Revenue for the three months ended in Mar. 2024 was ¥453 Mil. Hence, Dongguan Tarry Electronics Co's Days Sales Outstanding for the three months ended in Mar. 2024 was 68.31.

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

SZSE:300976' s Days Sales Outstanding Range Over the Past 10 Years
Min: 63.15 Med: 88.85 Max: 123.84
Current: 70.24

During the past 9 years, Dongguan Tarry Electronics Co's highest Days Sales Outstanding was 123.84. The lowest was 63.15. And the median was 88.85.

SZSE:300976's Days Sales Outstanding is ranked better than
59.97% of 2958 companies
in the Industrial Products industry
Industry Median: 79.93 vs SZSE:300976: 70.24

Dongguan Tarry Electronics Co's Days Sales Outstanding declined from Mar. 2023 (119.44) to Mar. 2024 (68.31).

Dongguan Tarry Electronics Co Days Sales Outstanding Historical Data

The historical data trend for Dongguan Tarry Electronics 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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Dongguan Tarry Electronics Co Days Sales Outstanding Chart

Dongguan Tarry Electronics Co Annual Data

Trend

Dec13

Dec14

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

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63.15

84.46

88.85

95.34

109.85

Dongguan Tarry Electronics Co Quarterly Data
	Dec18	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															119.44	81.00	75.07	66.85	68.31

Competitive Comparison of Dongguan Tarry Electronics Co's Days Sales Outstanding

For the Metal Fabrication subindustry, Dongguan Tarry Electronics 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.

Dongguan Tarry Electronics Co's Days Sales Outstanding Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Dongguan Tarry Electronics Co's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where Dongguan Tarry Electronics Co's Days Sales Outstanding falls into.

Dongguan Tarry Electronics 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.

Dongguan Tarry Electronics 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
=	( (471.082	+	370.297)	/	2 )	/	1397.832	*	365
=	420.6895					/	1397.832	*	365
=	109.85

Dongguan Tarry Electronics 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
=	( (370.297	+	307.792)	/	2 )	/	452.901	*	365 / 4
=	339.0445					/	452.901	*	365 / 4
=	68.31

Dongguan Tarry Electronics Co (SZSE:300976) Days Sales Outstanding Explanation

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

Dongguan Tarry Electronics Co Days Sales Outstanding Related Terms

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Dongguan Tarry Electronics Co (SZSE:300976) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Dongguan Tarry Electronics Co Ltd (SZSE:300976) » Definitions » Days Sales Outstanding

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Address

Tongsha Science and Technology Park, 3rd Floor, Area B, Building 5, Guanghui Industrial Zone, Dongcheng District, Guangdong Province, Dongguan, CHN, 523127

Website

http://www.dgtarry.com

Dongguan Tarry Electronics Co Ltd is engaged in the research and development, production and sales of functional and structural devices for consumer electronics. It specializes in the production of precision die-cutting products, foam protective film tape, insulating and thermally conductive products, EMI shielding products, sewing and high-frequency earmuffs, head cushion products, assembly automation equipment and many other product series. Products are widely used in FPC flexible circuit boards, OLED backlight display modules, plastic shells, solar photovoltaics, power batteries, audio headsets, VR/AR and other electronic and electrical industries.

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