CMST Development Co (SHSE:600787) Days Sales Outstanding : 7.18 (As of Mar. 2024)

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What is CMST Development Co Days Sales Outstanding?

CMST Development Co's average Accounts Receivable for the three months ended in Mar. 2024 was ¥1,095 Mil. CMST Development Co's Revenue for the three months ended in Mar. 2024 was ¥13,929 Mil. Hence, CMST Development Co's Days Sales Outstanding for the three months ended in Mar. 2024 was 7.18.

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

SHSE:600787' s Days Sales Outstanding Range Over the Past 10 Years
Min: 5.83 Med: 13.66 Max: 25.38
Current: 6.53

During the past 13 years, CMST Development Co's highest Days Sales Outstanding was 25.38. The lowest was 5.83. And the median was 13.66.

SHSE:600787's Days Sales Outstanding is ranked better than
95.35% of 967 companies
in the Transportation industry
Industry Median: 45.87 vs SHSE:600787: 6.53

CMST Development Co's Days Sales Outstanding declined from Mar. 2023 (7.36) to Mar. 2024 (7.18).

CMST Development Co Days Sales Outstanding Historical Data

The historical data trend for CMST 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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CMST Development Co Days Sales Outstanding Chart

CMST Development Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

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13.07

10.93

6.82

6.26

5.83

CMST 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															7.36	6.04	7.01	5.93	7.18

Competitive Comparison of CMST Development Co's Days Sales Outstanding

For the Integrated Freight & Logistics subindustry, CMST 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.

CMST Development Co's Days Sales Outstanding Distribution in the Transportation Industry

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

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

CMST 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.

CMST 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
=	( (1187.477	+	962.168)	/	2 )	/	67266.08	*	365
=	1074.8225					/	67266.08	*	365
=	5.83

CMST 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
=	( (962.168	+	1228.726)	/	2 )	/	13929.276	*	365 / 4
=	1095.447					/	13929.276	*	365 / 4
=	7.18

CMST Development Co (SHSE:600787) Days Sales Outstanding Explanation

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

CMST Development Co Days Sales Outstanding Related Terms

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CMST Development Co (SHSE:600787) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » CMST Development Co Ltd (SHSE:600787) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

N/A

Address

No.188 Western Road of South 4th Ring Road, 18th Building of 6th section, Fengtai District, Beijing, CHN, 100070

Website

http://www.cmstd.com.cn

CMST Development Co Ltd provides logistics services. The company has modern logistics distribution centres in Beijing, Shanghai, Tianjin, Jiangsu, Zhejiang, Shandong, Hubei, Hunan, Guangdong, Sichuan, Hebei, Henan, Shaanxi, and Liaoning. It provides the following services: Warehouse and storage, Transportation and distribution, International freight forwarding, Movable assets supervision, logistics plan design, and processing and manufacturing.

CMST Development Co (SHSE:600787) Headlines

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