Xinjiang East Universe (Group) Gas Co (SHSE:603706) Days Sales Outstanding : 56.14 (As of Mar. 2024)

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What is Xinjiang East Universe (Group) Gas Co Days Sales Outstanding?

Xinjiang East Universe (Group) Gas Co's average Accounts Receivable for the three months ended in Mar. 2024 was ¥300 Mil. Xinjiang East Universe (Group) Gas Co's Revenue for the three months ended in Mar. 2024 was ¥488 Mil. Hence, Xinjiang East Universe (Group) Gas Co's Days Sales Outstanding for the three months ended in Mar. 2024 was 56.14.

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

SHSE:603706' s Days Sales Outstanding Range Over the Past 10 Years
Min: 27.2 Med: 45.73 Max: 86.97
Current: 77.74

During the past 10 years, Xinjiang East Universe (Group) Gas Co's highest Days Sales Outstanding was 86.97. The lowest was 27.20. And the median was 45.73.

SHSE:603706's Days Sales Outstanding is ranked worse than
70.69% of 505 companies
in the Utilities - Regulated industry
Industry Median: 53.92 vs SHSE:603706: 77.74

Xinjiang East Universe (Group) Gas Co's Days Sales Outstanding declined from Mar. 2023 (61.96) to Mar. 2024 (56.14).

Warning Sign:

If a company's sales outstanding increases, it means it has difficulty collecting payments from its customers.

Xinjiang East Universe (Group) Gas Co Days Sales Outstanding Historical Data

The historical data trend for Xinjiang East Universe (Group) Gas 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 East Universe (Group) Gas Co Days Sales Outstanding Chart

Xinjiang East Universe (Group) Gas Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

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36.11

45.73

53.12

69.78

86.97

Xinjiang East Universe (Group) Gas 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															61.96	146.84	133.93	49.46	56.14

Competitive Comparison of Xinjiang East Universe (Group) Gas Co's Days Sales Outstanding

For the Utilities - Regulated Gas subindustry, Xinjiang East Universe (Group) Gas 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 East Universe (Group) Gas Co's Days Sales Outstanding Distribution in the Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, Xinjiang East Universe (Group) Gas Co's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where Xinjiang East Universe (Group) Gas Co's Days Sales Outstanding falls into.

Xinjiang East Universe (Group) Gas 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 East Universe (Group) Gas 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
=	( (272.547	+	300.79)	/	2 )	/	1203.081	*	365
=	286.6685					/	1203.081	*	365
=	86.97

Xinjiang East Universe (Group) Gas 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
=	( (300.79	+	299.222)	/	2 )	/	487.597	*	365 / 4
=	300.006					/	487.597	*	365 / 4
=	56.14

Xinjiang East Universe (Group) Gas Co (SHSE:603706) 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 East Universe (Group) Gas Co Days Sales Outstanding Related Terms

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Xinjiang East Universe (Group) Gas Co (SHSE:603706) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Regulated » Xinjiang East Universe (Group) Gas Co Ltd (SHSE:603706) » Definitions » Days Sales Outstanding

Traded in Other Exchanges

N/A

Address

No. 198 Yan'an North Road, 24th Floor, Changji Prefecture, Changji City, CHN, 831100

Website

http://www.dfhyrq.com

Xinjiang East Universe (Group) Gas Co Ltd offers gas supplying services. It offers car gas products, residents living gas products, industrial gas products, commercial gas products and other gas equipment installation services.

Executives

Tian Jia	Director
Zhang Ke	Supervisors
Zhou Jing	senior management
Li Wei Wei	senior management
Li Ming	Director

Xinjiang East Universe (Group) Gas Co (SHSE:603706) Headlines

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