Fujian Haixia Environmental Protection Group Co (SHSE:603817) Days Sales Outstanding : 322.25 (As of Mar. 2024)

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What is Fujian Haixia Environmental Protection Group Co Days Sales Outstanding?

Fujian Haixia Environmental Protection Group Co's average Accounts Receivable for the three months ended in Mar. 2024 was ¥910 Mil. Fujian Haixia Environmental Protection Group Co's Revenue for the three months ended in Mar. 2024 was ¥258 Mil. Hence, Fujian Haixia Environmental Protection Group Co's Days Sales Outstanding for the three months ended in Mar. 2024 was 322.25.

The historical rank and industry rank for Fujian Haixia Environmental Protection Group Co's Days Sales Outstanding or its related term are showing as below:

SHSE:603817' s Days Sales Outstanding Range Over the Past 10 Years
Min: 81.77 Med: 145.04 Max: 363.41
Current: 327.7

During the past 12 years, Fujian Haixia Environmental Protection Group Co's highest Days Sales Outstanding was 363.41. The lowest was 81.77. And the median was 145.04.

SHSE:603817's Days Sales Outstanding is ranked worse than
96.47% of 510 companies
in the Utilities - Regulated industry
Industry Median: 53.89 vs SHSE:603817: 327.70

Fujian Haixia Environmental Protection Group Co's Days Sales Outstanding declined from Mar. 2023 (361.55) to Mar. 2024 (322.25).

Fujian Haixia Environmental Protection Group Co Days Sales Outstanding Historical Data

The historical data trend for Fujian Haixia Environmental Protection Group 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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Fujian Haixia Environmental Protection Group Co Days Sales Outstanding Chart

Fujian Haixia Environmental Protection Group Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

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161.61

177.20

190.35

275.42

363.41

Fujian Haixia Environmental Protection Group 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															361.55	330.28	303.90	385.72	322.25

Competitive Comparison of Fujian Haixia Environmental Protection Group Co's Days Sales Outstanding

For the Utilities - Regulated Water subindustry, Fujian Haixia Environmental Protection Group 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.

Fujian Haixia Environmental Protection Group Co's Days Sales Outstanding Distribution in the Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, Fujian Haixia Environmental Protection Group Co's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where Fujian Haixia Environmental Protection Group Co's Days Sales Outstanding falls into.

Fujian Haixia Environmental Protection Group 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.

Fujian Haixia Environmental Protection Group 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
=	( (1040.828	+	1058.179)	/	2 )	/	1054.1	*	365
=	1049.5035					/	1054.1	*	365
=	363.41

Fujian Haixia Environmental Protection Group 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
=	( (1058.179	+	761.783)	/	2 )	/	257.674	*	365 / 4
=	909.981					/	257.674	*	365 / 4
=	322.25

Fujian Haixia Environmental Protection Group Co (SHSE:603817) Days Sales Outstanding Explanation

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

Fujian Haixia Environmental Protection Group Co Days Sales Outstanding Related Terms

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Fujian Haixia Environmental Protection Group Co (SHSE:603817) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Regulated » Fujian Haixia Environmental Protection Group Co Ltd (SHSE:603817) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

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Address

No. 16, Yangli Road, Gushan Town, Jin'an District, Fujian Province, Fuzhou, CHN, 350014

Website

http://www.fjhxhb.com

Fujian Haixia Environmental Protection Group Co Ltd is a Chinese company engaged in the businesses of sewage treatment and its recycling; investment, construction, management and maintenance of sewage treatment plant and sewage collection, treatment and discharge facilities; consultation and design of water supply and drainage engineering; equipment sales and installation; sewage treatment and sludge treatment, development. In addition, it is also involved in the business of technology transfer; training and appraisal of urban sewage treatment workers; water pollution control; and solid waste treatment and power generation.

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