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Xiamen C & D (SHSE:600153) Days Sales Outstanding : 15.61 (As of Mar. 2024)


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What is Xiamen C & D Days Sales Outstanding?

Xiamen C & D's average Accounts Receivable for the three months ended in Mar. 2024 was ¥22,471 Mil. Xiamen C & D's Revenue for the three months ended in Mar. 2024 was ¥131,337 Mil. Hence, Xiamen C & D's Days Sales Outstanding for the three months ended in Mar. 2024 was 15.61.

The historical rank and industry rank for Xiamen C & D's Days Sales Outstanding or its related term are showing as below:

SHSE:600153' s Days Sales Outstanding Range Over the Past 10 Years
Min: 3.3   Med: 6.74   Max: 11.82
Current: 9.61

During the past 13 years, Xiamen C & D's highest Days Sales Outstanding was 11.82. The lowest was 3.30. And the median was 6.74.

SHSE:600153's Days Sales Outstanding is ranked better than
96.72% of 1037 companies
in the Business Services industry
Industry Median: 58.72 vs SHSE:600153: 9.61

Xiamen C & D's Days Sales Outstanding increased from Mar. 2023 (8.27) to Mar. 2024 (15.61).


Xiamen C & D Days Sales Outstanding Historical Data

The historical data trend for Xiamen C & D'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.

Xiamen C & D Days Sales Outstanding Chart

Xiamen C & D 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 6.97 4.52 3.30 4.70 8.16

Xiamen C & D 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 8.27 7.00 7.14 10.69 15.61

Competitive Comparison of Xiamen C & D's Days Sales Outstanding

For the Specialty Business Services subindustry, Xiamen C & D'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.


Xiamen C & D's Days Sales Outstanding Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Xiamen C & D's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where Xiamen C & D's Days Sales Outstanding falls into.



Xiamen C & D 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.

Xiamen C & D'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
=( (13211.453 + 20923.213) / 2 ) / 763678.155*365
=17067.333 / 763678.155*365
=8.16

Xiamen C & D'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
=( (20923.213 + 24018.967) / 2 ) / 131337.299*365 / 4
=22471.09 / 131337.299*365 / 4
=15.61

* 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.


Xiamen C & D  (SHSE:600153) Days Sales Outstanding Explanation

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


Xiamen C & D Days Sales Outstanding Related Terms

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Xiamen C & D (SHSE:600153) Business Description

Traded in Other Exchanges
N/A
Address
No. 1699 Huandao East Road, 30th Floor, C&D International Building, Xiamen, CHN, 361008
Xiamen C & D Inc is a China-based modern service-oriented company mainly specializing in supply chain operation and real estate development. In regard to supply chain operation, the company has formed core business units, namely, pulp and paper, iron and steel, mineral products, agricultural products, textiles and other light industrial goods, chemical products, mechanical and electrical products, logistics services, automobiles and wines/spirits.

Xiamen C & D (SHSE:600153) Headlines

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