Gree Electric Appliances of Zhuhai (SZSE:000651) Days Sales Outstanding : 41.97 (As of Mar. 2024)

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What is Gree Electric Appliances of Zhuhai Days Sales Outstanding?

Gree Electric Appliances of Zhuhai's average Accounts Receivable for the three months ended in Mar. 2024 was ¥16,834 Mil. Gree Electric Appliances of Zhuhai's Revenue for the three months ended in Mar. 2024 was ¥36,596 Mil. Hence, Gree Electric Appliances of Zhuhai's Days Sales Outstanding for the three months ended in Mar. 2024 was 41.97.

The historical rank and industry rank for Gree Electric Appliances of Zhuhai's Days Sales Outstanding or its related term are showing as below:

SZSE:000651' s Days Sales Outstanding Range Over the Past 10 Years
Min: 5.88 Med: 13.46 Max: 30.59
Current: 30.59

During the past 13 years, Gree Electric Appliances of Zhuhai's highest Days Sales Outstanding was 30.59. The lowest was 5.88. And the median was 13.46.

SZSE:000651's Days Sales Outstanding is ranked better than
81.95% of 421 companies
in the Furnishings, Fixtures & Appliances industry
Industry Median: 53.14 vs SZSE:000651: 30.59

Gree Electric Appliances of Zhuhai's Days Sales Outstanding increased from Mar. 2023 (41.15) to Mar. 2024 (41.97).

Gree Electric Appliances of Zhuhai Days Sales Outstanding Historical Data

The historical data trend for Gree Electric Appliances of Zhuhai'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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Gree Electric Appliances of Zhuhai Days Sales Outstanding Chart

Gree Electric Appliances of Zhuhai Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

Get a 7-Day Free Trial

14.64

18.39

21.73

27.51

27.53

Gree Electric Appliances of Zhuhai 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															41.15	25.59	28.70	30.38	41.97

Competitive Comparison of Gree Electric Appliances of Zhuhai's Days Sales Outstanding

For the Furnishings, Fixtures & Appliances subindustry, Gree Electric Appliances of Zhuhai'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.

Gree Electric Appliances of Zhuhai's Days Sales Outstanding Distribution in the Furnishings, Fixtures & Appliances Industry

For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, Gree Electric Appliances of Zhuhai's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where Gree Electric Appliances of Zhuhai's Days Sales Outstanding falls into.

Gree Electric Appliances of Zhuhai 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.

Gree Electric Appliances of Zhuhai'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
=	( (14824.743	+	16099.477)	/	2 )	/	205018.124	*	365
=	15462.11					/	205018.124	*	365
=	27.53

Gree Electric Appliances of Zhuhai'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
=	( (16099.477	+	17568.297)	/	2 )	/	36595.552	*	365 / 4
=	16833.887					/	36595.552	*	365 / 4
=	41.97

Gree Electric Appliances of Zhuhai (SZSE:000651) Days Sales Outstanding Explanation

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

Gree Electric Appliances of Zhuhai Days Sales Outstanding Related Terms

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Gree Electric Appliances of Zhuhai (SZSE:000651) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Furnishings, Fixtures & Appliances » Gree Electric Appliances Inc of Zhuhai (SZSE:000651) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

N/A

Address

Jinji West Road, Qianshan, Guangdong Province, Zhuhai, CHN, 519070

Website

http://www.gree.com.cn

Gree Electric Appliances Inc of Zhuhai is an international air conditioning enterprise. The company is engaged in household electrical appliances business including production and sale of air conditioners and its accessories, and small home appliances. It exports and imports goods and technologies; manufacturing and distribution of pumps, valves, compressors, fan motors, packaging equipment and other general-purpose equipment, electric motors, equipment for power transmission and distribution and control equipment.

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