Liaoning Chengda Co (SHSE:600739) Days Sales Outstanding : 55.97 (As of Sep. 2023)

View and export this data going back to 1996. Start your Free Trial

What is Liaoning Chengda Co Days Sales Outstanding?

Liaoning Chengda Co's average Accounts Receivable for the three months ended in Sep. 2023 was ¥1,895 Mil. Liaoning Chengda Co's Revenue for the three months ended in Sep. 2023 was ¥3,090 Mil. Hence, Liaoning Chengda Co's Days Sales Outstanding for the three months ended in Sep. 2023 was 55.97.

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

SHSE:600739' s Days Sales Outstanding Range Over the Past 10 Years
Min: 24.65 Med: 38.79 Max: 65.36
Current: 65.36

During the past 13 years, Liaoning Chengda Co's highest Days Sales Outstanding was 65.36. The lowest was 24.65. And the median was 38.79.

SHSE:600739's Days Sales Outstanding is ranked better than
57.29% of 96 companies
in the Medical Distribution industry
Industry Median: 77.31 vs SHSE:600739: 65.36

Liaoning Chengda Co's Days Sales Outstanding increased from Sep. 2022 (41.53) to Sep. 2023 (55.97).

Liaoning Chengda Co Days Sales Outstanding Historical Data

The historical data trend for Liaoning Chengda 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.

Liaoning Chengda Co Days Sales Outstanding Chart

Liaoning Chengda Co Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Days Sales Outstanding

Get a 7-Day Free Trial

24.65

27.37

29.73

31.47

45.83

Liaoning Chengda Co Quarterly Data
	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23
Days Sales Outstanding	Get a 7-Day Free Trial															41.53	66.23	79.03	61.90	55.97

Competitive Comparison of Liaoning Chengda Co's Days Sales Outstanding

For the Medical Distribution subindustry, Liaoning Chengda 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.

Liaoning Chengda Co's Days Sales Outstanding Distribution in the Medical Distribution Industry

For the Medical Distribution industry and Healthcare sector, Liaoning Chengda Co's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where Liaoning Chengda Co's Days Sales Outstanding falls into.

Liaoning Chengda 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.

Liaoning Chengda Co's Days Sales Outstanding for the fiscal year that ended in Dec. 2022 is calculated as

	Days Sales Outstanding (A: Dec. 2022 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Dec. 2021 )	+	Accounts Receivable (A: Dec. 2022 ))	/	count )	/	Revenue (A: Dec. 2022 )	*	Days in Period
=	( (1787.006	+	1870.884)	/	2 )	/	14564.675	*	365
=	1828.945					/	14564.675	*	365
=	45.83

Liaoning Chengda Co's Days Sales Outstanding for the quarter that ended in Sep. 2023 is calculated as:

	Days Sales Outstanding (Q: Sep. 2023 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Jun. 2023 )	+	Accounts Receivable (A: Sep. 2023 ))	/	count )	/	Revenue (A: Sep. 2023 )	*	Days in Period
=	( (1834.712	+	1956.064)	/	2 )	/	3090.395	*	365 / 4
=	1895.388					/	3090.395	*	365 / 4
=	55.97

Liaoning Chengda Co (SHSE:600739) Days Sales Outstanding Explanation

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

Liaoning Chengda Co Days Sales Outstanding Related Terms

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

Liaoning Chengda Co (SHSE:600739) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Distribution » Liaoning Chengda Co Ltd (SHSE:600739) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 71 Renmin Road, Zhongshan District, Dalian, Liaoning, CHN, 116001

Website

http://www.chengda.com.cn

Liaoning Chengda Co Ltd is engaged in the business of pharmaceutical and medical, domestic and foreign trade, financial investment, and energy development. The trading division is engaged in the trading of textiles and clothing, steel, wood, and aquatic products. The company is also involved in securities, insurance, and fund business through its financial investment division.

Liaoning Chengda Co (SHSE:600739) Headlines

No Headlines