Dazhong Transportation (Group) Co (SHSE:600611) Days Sales Outstanding : 25.77 (As of Mar. 2024)

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What is Dazhong Transportation (Group) Co Days Sales Outstanding?

Dazhong Transportation (Group) Co's average Accounts Receivable for the three months ended in Mar. 2024 was ¥207 Mil. Dazhong Transportation (Group) Co's Revenue for the three months ended in Mar. 2024 was ¥734 Mil. Hence, Dazhong Transportation (Group) Co's Days Sales Outstanding for the three months ended in Mar. 2024 was 25.77.

The historical rank and industry rank for Dazhong Transportation (Group) Co's Days Sales Outstanding or its related term are showing as below:

SHSE:600611' s Days Sales Outstanding Range Over the Past 10 Years
Min: 12.83 Med: 17.33 Max: 30.3
Current: 16.91

During the past 13 years, Dazhong Transportation (Group) Co's highest Days Sales Outstanding was 30.30. The lowest was 12.83. And the median was 17.33.

SHSE:600611's Days Sales Outstanding is ranked better than
84.46% of 965 companies
in the Transportation industry
Industry Median: 45.68 vs SHSE:600611: 16.91

Dazhong Transportation (Group) Co's Days Sales Outstanding declined from Mar. 2023 (26.05) to Mar. 2024 (25.77).

Dazhong Transportation (Group) Co Days Sales Outstanding Historical Data

The historical data trend for Dazhong Transportation (Group) 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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Dazhong Transportation (Group) Co Days Sales Outstanding Chart

Dazhong Transportation (Group) Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

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14.21

19.74

22.35

30.30

17.24

Dazhong Transportation (Group) 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															26.05	15.66	15.14	14.13	25.77

Competitive Comparison of Dazhong Transportation (Group) Co's Days Sales Outstanding

For the Trucking subindustry, Dazhong Transportation (Group) 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.

Dazhong Transportation (Group) Co's Days Sales Outstanding Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Dazhong Transportation (Group) Co's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where Dazhong Transportation (Group) Co's Days Sales Outstanding falls into.

Dazhong Transportation (Group) 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.

Dazhong Transportation (Group) 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
=	( (228.301	+	197.124)	/	2 )	/	4503.791	*	365
=	212.7125					/	4503.791	*	365
=	17.24

Dazhong Transportation (Group) 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
=	( (197.124	+	217.301)	/	2 )	/	733.76	*	365 / 4
=	207.2125					/	733.76	*	365 / 4
=	25.77

Dazhong Transportation (Group) Co (SHSE:600611) Days Sales Outstanding Explanation

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

Dazhong Transportation (Group) Co Days Sales Outstanding Related Terms

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Dazhong Transportation (Group) Co (SHSE:600611) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Dazhong Transportation (Group) Co Ltd (SHSE:600611) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

900903:China

Address

No. 1515 Zhongshan West Road, Dazhong Building, 22nd Floor, Xuhui District, Shanghai, CHN, 200235

Website

http://www.96822.com

Dazhong Transportation Group is a passenger transportation and property investment company. The company operates taxis and public bus passenger transportation, and maintains, leases, and distributes automobiles. Dazhong Transportation also operates a real estate investment business, which develops, leases, and sells residential and commercial property. In addition, the company provides logistics, tourism, and catering services. The company is headquartered in the People's Republic of China, and generates revenue domestically.

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