Anhui Province Natural Gas Development Co (SHSE:603689) Days Sales Outstanding : 6.72 (As of Mar. 2024)

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What is Anhui Province Natural Gas Development Co Days Sales Outstanding?

Anhui Province Natural Gas Development Co's average Accounts Receivable for the three months ended in Mar. 2024 was ¥115 Mil. Anhui Province Natural Gas Development Co's Revenue for the three months ended in Mar. 2024 was ¥1,568 Mil. Hence, Anhui Province Natural Gas Development Co's Days Sales Outstanding for the three months ended in Mar. 2024 was 6.72.

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

SHSE:603689' s Days Sales Outstanding Range Over the Past 10 Years
Min: 4.75 Med: 8.61 Max: 10.73
Current: 7.88

During the past 13 years, Anhui Province Natural Gas Development Co's highest Days Sales Outstanding was 10.73. The lowest was 4.75. And the median was 8.61.

SHSE:603689's Days Sales Outstanding is ranked better than
94.55% of 935 companies
in the Oil & Gas industry
Industry Median: 49.16 vs SHSE:603689: 7.88

Anhui Province Natural Gas Development Co's Days Sales Outstanding declined from Mar. 2023 (6.86) to Mar. 2024 (6.72).

Anhui Province Natural Gas Development Co Days Sales Outstanding Historical Data

The historical data trend for Anhui Province Natural Gas 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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Anhui Province Natural Gas Development Co Days Sales Outstanding Chart

Anhui Province Natural Gas Development Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

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8.30

9.59

10.73

8.92

5.99

Anhui Province Natural Gas 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															6.86	9.76	8.42	5.28	6.72

Competitive Comparison of Anhui Province Natural Gas Development Co's Days Sales Outstanding

For the Oil & Gas Midstream subindustry, Anhui Province Natural Gas 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.

Anhui Province Natural Gas Development Co's Days Sales Outstanding Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Anhui Province Natural Gas Development Co's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where Anhui Province Natural Gas Development Co's Days Sales Outstanding falls into.

Anhui Province Natural Gas 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.

Anhui Province Natural Gas 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
=	( (124.923	+	75.521)	/	2 )	/	6103.877	*	365
=	100.222					/	6103.877	*	365
=	5.99

Anhui Province Natural Gas 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
=	( (75.521	+	155.435)	/	2 )	/	1568.036	*	365 / 4
=	115.478					/	1568.036	*	365 / 4
=	6.72

Anhui Province Natural Gas Development Co (SHSE:603689) Days Sales Outstanding Explanation

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

Anhui Province Natural Gas Development Co Days Sales Outstanding Related Terms

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Anhui Province Natural Gas Development Co (SHSE:603689) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Anhui Province Natural Gas Development Co Ltd (SHSE:603689) » Definitions » Days Sales Outstanding

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Traded in Other Exchanges

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Address

No. 9 Dalian Road, Baohe Industrial Zone, Anhui Province, Hefei, CHN, 230051

Website

http://www.ahtrq.com

Anhui Province Natural Gas Development Co Ltd is a natural gas pipeline operator. It invests, constructs, operates and manages natural gas pipelines in Anhui Province. The company also participates in the development and construction of natural gas pipeline network in urban areas; manages natural gas resources on behalf of Anhui Province; sells natural gas; and market and competitive investment in other natural gas, CBM and other energy applications and related projects. The other business activities of the company are to invest in the development of natural gas and coal seams in the province Gas resources projects; other energy development projects; and to engage in other auxiliary businesses.

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