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Guangdong South New Media Co (SZSE:300770) Days Sales Outstanding : 45.77 (As of Mar. 2024)


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What is Guangdong South New Media Co Days Sales Outstanding?

Guangdong South New Media Co's average Accounts Receivable for the three months ended in Mar. 2024 was ¥201 Mil. Guangdong South New Media Co's Revenue for the three months ended in Mar. 2024 was ¥401 Mil. Hence, Guangdong South New Media Co's Days Sales Outstanding for the three months ended in Mar. 2024 was 45.77.

The historical rank and industry rank for Guangdong South New Media Co's Days Sales Outstanding or its related term are showing as below:

SZSE:300770' s Days Sales Outstanding Range Over the Past 10 Years
Min: 22.68   Med: 72.36   Max: 133.99
Current: 45.81

During the past 10 years, Guangdong South New Media Co's highest Days Sales Outstanding was 133.99. The lowest was 22.68. And the median was 72.36.

SZSE:300770's Days Sales Outstanding is ranked better than
70.87% of 1016 companies
in the Media - Diversified industry
Industry Median: 68.005 vs SZSE:300770: 45.81

Guangdong South New Media Co's Days Sales Outstanding increased from Mar. 2023 (28.79) to Mar. 2024 (45.77).


Guangdong South New Media Co Days Sales Outstanding Historical Data

The historical data trend for Guangdong South New 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.

* Premium members only.

Guangdong South New Media Co Days Sales Outstanding Chart

Guangdong South New Media Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Sales Outstanding
Get a 7-Day Free Trial Premium Member Only Premium Member Only 53.94 78.83 78.34 27.51 22.68

Guangdong South New Media 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 28.79 54.33 44.29 35.29 45.77

Competitive Comparison of Guangdong South New Media Co's Days Sales Outstanding

For the Entertainment subindustry, Guangdong South New 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.


Guangdong South New Media Co's Days Sales Outstanding Distribution in the Media - Diversified Industry

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

* The bar in red indicates where Guangdong South New Media Co's Days Sales Outstanding falls into.



Guangdong South New 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.

Guangdong South New 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
=( (33.485 + 155.87) / 2 ) / 1523.444*365
=94.6775 / 1523.444*365
=22.68

Guangdong South New 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
=( (155.87 + 246.028) / 2 ) / 400.609*365 / 4
=200.949 / 400.609*365 / 4
=45.77

* 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.


Guangdong South New Media Co  (SZSE:300770) 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 South New Media Co Days Sales Outstanding Related Terms

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Guangdong South New Media Co (SZSE:300770) Business Description

Traded in Other Exchanges
N/A
Address
No. 686, Renmin North Road, Room 411, Building 25, Yuexiu District, Guangdong, Guangzhou, CHN, 510012
Guangdong South New Media Co Ltd media service operator in China. It offers service related to telecommunications, radio and television and satellite transmission.
Executives
Zhao Gang Director
Wang Jian Ye Independent director
Lin Rui Jun Directors, executives

Guangdong South New Media Co (SZSE:300770) Headlines

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