Ningbo Zhoushan Port Co (SHSE:601018) Days Sales Outstanding : 45.87 (As of Dec. 2023)

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What is Ningbo Zhoushan Port Co Days Sales Outstanding?

Ningbo Zhoushan Port Co's average Accounts Receivable for the three months ended in Dec. 2023 was ¥3,406 Mil. Ningbo Zhoushan Port Co's Revenue for the three months ended in Dec. 2023 was ¥6,776 Mil. Hence, Ningbo Zhoushan Port Co's Days Sales Outstanding for the three months ended in Dec. 2023 was 45.87.

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

SHSE:601018' s Days Sales Outstanding Range Over the Past 10 Years
Min: 33.28 Med: 40.39 Max: 47.51
Current: 46.64

During the past 13 years, Ningbo Zhoushan Port Co's highest Days Sales Outstanding was 47.51. The lowest was 33.28. And the median was 40.39.

SHSE:601018's Days Sales Outstanding is ranked worse than
50.62% of 964 companies
in the Transportation industry
Industry Median: 45.73 vs SHSE:601018: 46.64

Ningbo Zhoushan Port Co's Days Sales Outstanding declined from Dec. 2022 (50.71) to Dec. 2023 (45.87).

Ningbo Zhoushan Port Co Days Sales Outstanding Historical Data

The historical data trend for Ningbo Zhoushan Port 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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Ningbo Zhoushan Port Co Days Sales Outstanding Chart

Ningbo Zhoushan Port Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

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33.28

39.74

40.52

41.08

42.47

Ningbo Zhoushan Port Co Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Days Sales Outstanding	Get a 7-Day Free Trial															50.71	50.15	47.34	47.72	45.87

Competitive Comparison of Ningbo Zhoushan Port Co's Days Sales Outstanding

For the Marine Shipping subindustry, Ningbo Zhoushan Port 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.

Ningbo Zhoushan Port Co's Days Sales Outstanding Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Ningbo Zhoushan Port Co's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where Ningbo Zhoushan Port Co's Days Sales Outstanding falls into.

Ningbo Zhoushan Port 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.

Ningbo Zhoushan Port 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
=	( (3068.111	+	2981.494)	/	2 )	/	25993.2	*	365
=	3024.8025					/	25993.2	*	365
=	42.47

Ningbo Zhoushan Port Co's Days Sales Outstanding for the quarter that ended in Dec. 2023 is calculated as:

	Days Sales Outstanding (Q: Dec. 2023 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Sep. 2023 )	+	Accounts Receivable (A: Dec. 2023 ))	/	count )	/	Revenue (A: Dec. 2023 )	*	Days in Period
=	( (3830.547	+	2981.494)	/	2 )	/	6776.375	*	365 / 4
=	3406.0205					/	6776.375	*	365 / 4
=	45.87

Ningbo Zhoushan Port Co (SHSE:601018) Days Sales Outstanding Explanation

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

Ningbo Zhoushan Port Co Days Sales Outstanding Related Terms

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Ningbo Zhoushan Port Co (SHSE:601018) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Ningbo Zhoushan Port Co Ltd (SHSE:601018) » Definitions » Days Sales Outstanding

Traded in Other Exchanges

N/A

Address

No. 269, Ningdong Road, No. 1-4, Ningbo Global Shipping Plaza, Jiangdong District, Zhejiang Province, Ningbo, CHN, 315800

Website

https://www.nbport.com.cn

Ningbo Zhoushan Port Co Ltd operates in the ports of Ningbo and Zhoushan, China. The Company handles containers, minerals, crude oil, liquid chemical products and other goods. The company also provides port leasing, ship agency and logistics services.

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