Eastern Air Logistics Co (SHSE:601156) Days Sales Outstanding : 33.68 (As of Mar. 2024)

View and export this data going back to 2021. Start your Free Trial

What is Eastern Air Logistics Co Days Sales Outstanding?

Eastern Air Logistics Co's average Accounts Receivable for the three months ended in Mar. 2024 was ¥1,928 Mil. Eastern Air Logistics Co's Revenue for the three months ended in Mar. 2024 was ¥5,224 Mil. Hence, Eastern Air Logistics Co's Days Sales Outstanding for the three months ended in Mar. 2024 was 33.68.

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

SHSE:601156' s Days Sales Outstanding Range Over the Past 10 Years
Min: 32.38 Med: 43.56 Max: 61.44
Current: 34.16

During the past 8 years, Eastern Air Logistics Co's highest Days Sales Outstanding was 61.44. The lowest was 32.38. And the median was 43.56.

SHSE:601156's Days Sales Outstanding is ranked better than
66.12% of 968 companies
in the Transportation industry
Industry Median: 45.79 vs SHSE:601156: 34.16

Eastern Air Logistics Co's Days Sales Outstanding declined from Mar. 2023 (39.46) to Mar. 2024 (33.68).

Eastern Air Logistics Co Days Sales Outstanding Historical Data

The historical data trend for Eastern Air Logistics 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.

* Premium members only.

Eastern Air Logistics Co Days Sales Outstanding Chart

Eastern Air Logistics Co Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

Get a 7-Day Free Trial

48.85

38.27

32.38

32.67

32.88

Eastern Air Logistics Co Quarterly Data
	Dec16	Dec17	Dec18	Dec19	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															39.46	38.05	38.73	27.33	33.68

Competitive Comparison of Eastern Air Logistics Co's Days Sales Outstanding

For the Integrated Freight & Logistics subindustry, Eastern Air Logistics 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.

Eastern Air Logistics Co's Days Sales Outstanding Distribution in the Transportation Industry

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

* The bar in red indicates where Eastern Air Logistics Co's Days Sales Outstanding falls into.

Eastern Air Logistics 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.

Eastern Air Logistics 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
=	( (1981.673	+	1733.019)	/	2 )	/	20621.092	*	365
=	1857.346					/	20621.092	*	365
=	32.88

Eastern Air Logistics 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
=	( (1733.019	+	2122.997)	/	2 )	/	5223.948	*	365 / 4
=	1928.008					/	5223.948	*	365 / 4
=	33.68

Eastern Air Logistics Co (SHSE:601156) Days Sales Outstanding Explanation

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

Eastern Air Logistics Co Days Sales Outstanding Related Terms

Thank you for viewing the detailed overview of Eastern Air Logistics Co's Days Sales Outstanding provided by GuruFocus.com. Please click on the following links to see related term pages.

Eastern Air Logistics Co (SHSE:601156) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Eastern Air Logistics Co Ltd (SHSE:601156) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

N/A

Address

66 Airport Avenue, Pudong Airport, Shanghai, CHN, 201207

Website

https://www.eal-ceair.com

Eastern Air Logistics Co Ltd provide comprehensive ground services and comprehensive logistics solutions.

Eastern Air Logistics Co (SHSE:601156) Headlines

No Headlines