ChinaEtek Service and Technology Co (SZSE:301208) Days Sales Outstanding : 95.92 (As of Mar. 2024)

View and export this data going back to 2022. Start your Free Trial

What is ChinaEtek Service and Technology Co Days Sales Outstanding?

ChinaEtek Service and Technology Co's average Accounts Receivable for the three months ended in Mar. 2024 was ¥184 Mil. ChinaEtek Service and Technology Co's Revenue for the three months ended in Mar. 2024 was ¥176 Mil. Hence, ChinaEtek Service and Technology Co's Days Sales Outstanding for the three months ended in Mar. 2024 was 95.92.

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

SZSE:301208' s Days Sales Outstanding Range Over the Past 10 Years
Min: 16.37 Med: 56.11 Max: 109.98
Current: 45.6

During the past 10 years, ChinaEtek Service and Technology Co's highest Days Sales Outstanding was 109.98. The lowest was 16.37. And the median was 56.11.

SZSE:301208's Days Sales Outstanding is ranked better than
70.63% of 2734 companies
in the Software industry
Industry Median: 61.68 vs SZSE:301208: 45.60

ChinaEtek Service and Technology Co's Days Sales Outstanding increased from Mar. 2023 (46.18) to Mar. 2024 (95.92).

ChinaEtek Service and Technology Co Days Sales Outstanding Historical Data

The historical data trend for ChinaEtek Service and 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.

* Premium members only.

ChinaEtek Service and Technology Co Days Sales Outstanding Chart

ChinaEtek Service and Technology Co Annual Data

Trend

Dec12

Dec13

Dec14

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

Get a 7-Day Free Trial

65.55

17.72

16.37

23.25

41.16

ChinaEtek Service and Technology Co Quarterly Data
	Dec17	Dec18	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															46.18	51.29	50.24	30.80	95.92

Competitive Comparison of ChinaEtek Service and Technology Co's Days Sales Outstanding

For the Information Technology Services subindustry, ChinaEtek Service and 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.

ChinaEtek Service and Technology Co's Days Sales Outstanding Distribution in the Software Industry

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

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

ChinaEtek Service and 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.

ChinaEtek Service and 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
=	( (104.26	+	211.76)	/	2 )	/	1401.298	*	365
=	158.01					/	1401.298	*	365
=	41.16

ChinaEtek Service and 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
=	( (211.76	+	157.224)	/	2 )	/	175.511	*	365 / 4
=	184.492					/	175.511	*	365 / 4
=	95.92

ChinaEtek Service and Technology Co (SZSE:301208) Days Sales Outstanding Explanation

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

ChinaEtek Service and Technology Co Days Sales Outstanding Related Terms

Thank you for viewing the detailed overview of ChinaEtek Service and Technology Co's Days Sales Outstanding provided by GuruFocus.com. Please click on the following links to see related term pages.

ChinaEtek Service and Technology Co (SZSE:301208) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » ChinaEtek Service and Technology Co Ltd (SZSE:301208) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 68 Xueyuan South Road, Room 501, Block A, Ji'an Building, Haidian District, Beijing, CHN, 100037

Website

http://www.ce-service.com.cn

ChinaEtek Service and Technology Co Ltd is a comprehensive provider of IT architecture services and products in China. It offers information technology operation and maintenance services, original software and hardware products, independent intelligent operation and maintenance products and operation data analysis services.

ChinaEtek Service and Technology Co (SZSE:301208) Headlines

No Headlines