Fujian Expressway Development Co (SHSE:600033) Days Sales Outstanding : 99.39 (As of Mar. 2024)

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What is Fujian Expressway Development Co Days Sales Outstanding?

Fujian Expressway Development Co's average Accounts Receivable for the three months ended in Mar. 2024 was ¥814 Mil. Fujian Expressway Development Co's Revenue for the three months ended in Mar. 2024 was ¥747 Mil. Hence, Fujian Expressway Development Co's Days Sales Outstanding for the three months ended in Mar. 2024 was 99.39.

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

SHSE:600033' s Days Sales Outstanding Range Over the Past 10 Years
Min: 54.97 Med: 77.98 Max: 111.78
Current: 95.27

During the past 13 years, Fujian Expressway Development Co's highest Days Sales Outstanding was 111.78. The lowest was 54.97. And the median was 77.98.

SHSE:600033's Days Sales Outstanding is ranked worse than
63.73% of 1646 companies
in the Construction industry
Industry Median: 72.21 vs SHSE:600033: 95.27

Fujian Expressway Development Co's Days Sales Outstanding increased from Mar. 2023 (94.51) to Mar. 2024 (99.39).

Fujian Expressway Development Co Days Sales Outstanding Historical Data

The historical data trend for Fujian Expressway Development 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 Expressway Development Co Days Sales Outstanding Chart

Fujian Expressway Development Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

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77.35

111.78

72.80

78.60

81.20

Fujian Expressway Development 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															94.51	96.94	86.68	90.73	99.39

Competitive Comparison of Fujian Expressway Development Co's Days Sales Outstanding

For the Infrastructure Operations subindustry, Fujian Expressway Development 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 Expressway Development Co's Days Sales Outstanding Distribution in the Construction Industry

For the Construction industry and Industrials sector, Fujian Expressway Development Co's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where Fujian Expressway Development Co's Days Sales Outstanding falls into.

Fujian Expressway Development 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 Expressway Development 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
=	( (626.214	+	730.549)	/	2 )	/	3049.552	*	365
=	678.3815					/	3049.552	*	365
=	81.20

Fujian Expressway Development 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
=	( (730.549	+	897.256)	/	2 )	/	747.222	*	365 / 4
=	813.9025					/	747.222	*	365 / 4
=	99.39

Fujian Expressway Development Co (SHSE:600033) 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 Expressway Development Co Days Sales Outstanding Related Terms

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Fujian Expressway Development Co (SHSE:600033) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Fujian Expressway Development Co Ltd (SHSE:600033) » Definitions » Days Sales Outstanding

Traded in Other Exchanges

N/A

Address

18 Dongshui Road, 26th Floor, Fujian Transportation Complex, Fuzhou, CHN, 350001

Website

http://www.fjgs.com.cn

Fujian Expressway Development Co Ltd is a China-based company involved in the investment, construction, operation of Highways. It is also involved in equipment leasing, consulting services; industrial production materials, department stores, building materials, and hardware businesses.

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