Shenzhen Special Economic Zone Real Estate And Properties (Group) Co (SZSE:000029) Days Sales Outstanding : 108.83 (As of Mar. 2024)

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What is Shenzhen Special Economic Zone Real Estate And Properties (Group) Co Days Sales Outstanding?

Shenzhen Special Economic Zone Real Estate And Properties (Group) Co's average Accounts Receivable for the three months ended in Mar. 2024 was ¥70.6 Mil. Shenzhen Special Economic Zone Real Estate And Properties (Group) Co's Revenue for the three months ended in Mar. 2024 was ¥59.2 Mil. Hence, Shenzhen Special Economic Zone Real Estate And Properties (Group) Co's Days Sales Outstanding for the three months ended in Mar. 2024 was 108.83.

The historical rank and industry rank for Shenzhen Special Economic Zone Real Estate And Properties (Group) Co's Days Sales Outstanding or its related term are showing as below:

SZSE:000029' s Days Sales Outstanding Range Over the Past 10 Years
Min: 6.35 Med: 16.64 Max: 47.67
Current: 43.6

During the past 13 years, Shenzhen Special Economic Zone Real Estate And Properties (Group) Co's highest Days Sales Outstanding was 47.67. The lowest was 6.35. And the median was 16.64.

SZSE:000029's Days Sales Outstanding is ranked worse than
54.95% of 1665 companies
in the Real Estate industry
Industry Median: 36.86 vs SZSE:000029: 43.60

Shenzhen Special Economic Zone Real Estate And Properties (Group) Co's Days Sales Outstanding increased from Mar. 2023 (49.27) to Mar. 2024 (108.83).

Shenzhen Special Economic Zone Real Estate And Properties (Group) Co Days Sales Outstanding Historical Data

The historical data trend for Shenzhen Special Economic Zone Real Estate And Properties (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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Shenzhen Special Economic Zone Real Estate And Properties (Group) Co Days Sales Outstanding Chart

Shenzhen Special Economic Zone Real Estate And Properties (Group) Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

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6.35

13.75

16.67

35.85

47.67

Shenzhen Special Economic Zone Real Estate And Properties (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															49.27	32.54	46.13	28.66	108.83

Competitive Comparison of Shenzhen Special Economic Zone Real Estate And Properties (Group) Co's Days Sales Outstanding

For the Real Estate - Diversified subindustry, Shenzhen Special Economic Zone Real Estate And Properties (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.

Shenzhen Special Economic Zone Real Estate And Properties (Group) Co's Days Sales Outstanding Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Shenzhen Special Economic Zone Real Estate And Properties (Group) Co's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where Shenzhen Special Economic Zone Real Estate And Properties (Group) Co's Days Sales Outstanding falls into.

Shenzhen Special Economic Zone Real Estate And Properties (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.

Shenzhen Special Economic Zone Real Estate And Properties (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
=	( (63.58	+	75.101)	/	2 )	/	530.888	*	365
=	69.3405					/	530.888	*	365
=	47.67

Shenzhen Special Economic Zone Real Estate And Properties (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
=	( (75.101	+	66.144)	/	2 )	/	59.215	*	365 / 4
=	70.6225					/	59.215	*	365 / 4
=	108.83

Shenzhen Special Economic Zone Real Estate And Properties (Group) Co (SZSE:000029) Days Sales Outstanding Explanation

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

Shenzhen Special Economic Zone Real Estate And Properties (Group) Co Days Sales Outstanding Related Terms

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Shenzhen Special Economic Zone Real Estate And Properties (Group) Co (SZSE:000029) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Shenzhen Special Economic Zone Real Estate And Properties (Group) Co Ltd (SZSE:000029) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

200029:China

Address

No. 3005, Renmin South Road, 45th Floor-48th Floor, Shenfang Plaza, Guangdong, Shenzhen, CHN, 518001

Website

http://www.sfjt.com.cn

Shenzhen Special Economic Zone Real Estate And Properties (Group) Co Ltd is a real estate company. The company is engaged in real estate development and sales, property leasing and management, hotel service and construction and installation services. Its products and services include commodity housing, property leasing and management, hotel service, construction and installation service, and renovation service. The operating business division is a Real estate, Engineering and Construction, Rental services, Property management, and others. It generates maximum revenue from the Real estate division.

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