Xinjiang Tianfu Energy Co (SHSE:600509) Days Sales Outstanding : 74.03 (As of Mar. 2024)

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What is Xinjiang Tianfu Energy Co Days Sales Outstanding?

Xinjiang Tianfu Energy Co's average Accounts Receivable for the three months ended in Mar. 2024 was ¥1,851 Mil. Xinjiang Tianfu Energy Co's Revenue for the three months ended in Mar. 2024 was ¥2,281 Mil. Hence, Xinjiang Tianfu Energy Co's Days Sales Outstanding for the three months ended in Mar. 2024 was 74.03.

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

SHSE:600509' s Days Sales Outstanding Range Over the Past 10 Years
Min: 19.98 Med: 31.72 Max: 72.73
Current: 72.73

During the past 13 years, Xinjiang Tianfu Energy Co's highest Days Sales Outstanding was 72.73. The lowest was 19.98. And the median was 31.72.

SHSE:600509's Days Sales Outstanding is ranked worse than
67.33% of 505 companies
in the Utilities - Regulated industry
Industry Median: 53.92 vs SHSE:600509: 72.73

Xinjiang Tianfu Energy Co's Days Sales Outstanding declined from Mar. 2023 (76.06) to Mar. 2024 (74.03).

Xinjiang Tianfu Energy Co Days Sales Outstanding Historical Data

The historical data trend for Xinjiang Tianfu Energy 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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Xinjiang Tianfu Energy Co Days Sales Outstanding Chart

Xinjiang Tianfu Energy Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

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32.01

38.84

31.42

53.58

64.25

Xinjiang Tianfu Energy 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															76.06	84.12	86.12	52.79	74.03

Competitive Comparison of Xinjiang Tianfu Energy Co's Days Sales Outstanding

For the Utilities - Diversified subindustry, Xinjiang Tianfu Energy 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.

Xinjiang Tianfu Energy Co's Days Sales Outstanding Distribution in the Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, Xinjiang Tianfu Energy Co's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where Xinjiang Tianfu Energy Co's Days Sales Outstanding falls into.

Xinjiang Tianfu Energy 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.

Xinjiang Tianfu Energy 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
=	( (1688.032	+	1659.071)	/	2 )	/	9507.827	*	365
=	1673.5515					/	9507.827	*	365
=	64.25

Xinjiang Tianfu Energy 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
=	( (1659.071	+	2042.271)	/	2 )	/	2281.206	*	365 / 4
=	1850.671					/	2281.206	*	365 / 4
=	74.03

Xinjiang Tianfu Energy Co (SHSE:600509) Days Sales Outstanding Explanation

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

Xinjiang Tianfu Energy Co Days Sales Outstanding Related Terms

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Xinjiang Tianfu Energy Co (SHSE:600509) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Regulated » Xinjiang Tianfu Energy Co Ltd (SHSE:600509) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 2 Beiyi East Road, Xinjiang Uygur Autonomous Region, Shihezi, CHN, 832000

Website

http://www.tfrd.com.cn

Xinjiang Tianfu Energy Co Ltd is primarily engaged in the generation and distribution of heat and electric power. The company is also involved in engineering construction services as well as property development and distribution.

Executives

Zhang Ting Jun	Director
Zhu Rui	Director
Xu Rui Min	senior management
Dong Shi Hui Mi Shu	senior management

Xinjiang Tianfu Energy Co (SHSE:600509) Headlines

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