Zhejiang Publishing & Media Co (SHSE:601921) Days Sales Outstanding : 36.33 (As of Mar. 2024)

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What is Zhejiang Publishing & Media Co Days Sales Outstanding?

Zhejiang Publishing & Media Co's average Accounts Receivable for the three months ended in Mar. 2024 was ¥1,076 Mil. Zhejiang Publishing & Media Co's Revenue for the three months ended in Mar. 2024 was ¥2,703 Mil. Hence, Zhejiang Publishing & Media Co's Days Sales Outstanding for the three months ended in Mar. 2024 was 36.33.

The historical rank and industry rank for Zhejiang Publishing & Media Co's Days Sales Outstanding or its related term are showing as below:

SHSE:601921' s Days Sales Outstanding Range Over the Past 10 Years
Min: 22.26 Med: 25.67 Max: 33.17
Current: 33.17

During the past 7 years, Zhejiang Publishing & Media Co's highest Days Sales Outstanding was 33.17. The lowest was 22.26. And the median was 25.67.

SHSE:601921's Days Sales Outstanding is ranked better than
82.07% of 1026 companies
in the Media - Diversified industry
Industry Median: 67.875 vs SHSE:601921: 33.17

Zhejiang Publishing & Media Co's Days Sales Outstanding declined from Mar. 2023 (42.18) to Mar. 2024 (36.33).

Zhejiang Publishing & Media Co Days Sales Outstanding Historical Data

The historical data trend for Zhejiang Publishing & Media 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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Zhejiang Publishing & Media Co Days Sales Outstanding Chart

Zhejiang Publishing & Media Co Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

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25.67

28.72

25.55

30.58

31.21

Zhejiang Publishing & Media 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															42.18	38.45	35.90	19.52	36.33

Competitive Comparison of Zhejiang Publishing & Media Co's Days Sales Outstanding

For the Publishing subindustry, Zhejiang Publishing & Media 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.

Zhejiang Publishing & Media Co's Days Sales Outstanding Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Zhejiang Publishing & Media Co's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where Zhejiang Publishing & Media Co's Days Sales Outstanding falls into.

Zhejiang Publishing & Media 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.

Zhejiang Publishing & Media 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
=	( (1110.619	+	886.065)	/	2 )	/	11674.498	*	365
=	998.342					/	11674.498	*	365
=	31.21

Zhejiang Publishing & Media 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
=	( (886.065	+	1266.322)	/	2 )	/	2703.33	*	365 / 4
=	1076.1935					/	2703.33	*	365 / 4
=	36.33

Zhejiang Publishing & Media Co (SHSE:601921) Days Sales Outstanding Explanation

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

Zhejiang Publishing & Media Co Days Sales Outstanding Related Terms

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Zhejiang Publishing & Media Co (SHSE:601921) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » Zhejiang Publishing & Media Co Ltd (SHSE:601921) » Definitions » Days Sales Outstanding

Traded in Other Exchanges

N/A

Address

No. 347 Tiyuchang Road, 18th Floor, Xiacheng District, Zhejiang Province, Hangzhou, CHN, 310013

Website

https://www.zjcbcm.com

Zhejiang Publishing & Media Co Ltd is engaged in the publication, distribution and printing of books, periodicals, audio-visual products and electronic publications.

Zhejiang Publishing & Media Co (SHSE:601921) Headlines

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