Zhongbai Holdings Group Co (SZSE:000759) Days Sales Outstanding : 12.18 (As of Mar. 2024)

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What is Zhongbai Holdings Group Co Days Sales Outstanding?

Zhongbai Holdings Group Co's average Accounts Receivable for the three months ended in Mar. 2024 was ¥435 Mil. Zhongbai Holdings Group Co's Revenue for the three months ended in Mar. 2024 was ¥3,260 Mil. Hence, Zhongbai Holdings Group Co's Days Sales Outstanding for the three months ended in Mar. 2024 was 12.18.

The historical rank and industry rank for Zhongbai Holdings Group Co's Days Sales Outstanding or its related term are showing as below:

SZSE:000759' s Days Sales Outstanding Range Over the Past 10 Years
Min: 1.55 Med: 2.18 Max: 12.29
Current: 12.29

During the past 13 years, Zhongbai Holdings Group Co's highest Days Sales Outstanding was 12.29. The lowest was 1.55. And the median was 2.18.

SZSE:000759's Days Sales Outstanding is ranked better than
62.3% of 305 companies
in the Retail - Defensive industry
Industry Median: 23.48 vs SZSE:000759: 12.29

Zhongbai Holdings Group Co's Days Sales Outstanding increased from Mar. 2023 (7.30) to Mar. 2024 (12.18).

Zhongbai Holdings Group Co Days Sales Outstanding Historical Data

The historical data trend for Zhongbai Holdings 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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Zhongbai Holdings Group Co Days Sales Outstanding Chart

Zhongbai Holdings Group Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

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2.38

3.40

4.03

6.00

9.96

Zhongbai Holdings 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															7.30	9.23	11.68	16.10	12.18

Competitive Comparison of Zhongbai Holdings Group Co's Days Sales Outstanding

For the Discount Stores subindustry, Zhongbai Holdings 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.

Zhongbai Holdings Group Co's Days Sales Outstanding Distribution in the Retail - Defensive Industry

For the Retail - Defensive industry and Consumer Defensive sector, Zhongbai Holdings Group Co's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where Zhongbai Holdings Group Co's Days Sales Outstanding falls into.

Zhongbai Holdings 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.

Zhongbai Holdings 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
=	( (250.725	+	384.662)	/	2 )	/	11639.438	*	365
=	317.6935					/	11639.438	*	365
=	9.96

Zhongbai Holdings 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
=	( (384.662	+	485.928)	/	2 )	/	3260.079	*	365 / 4
=	435.295					/	3260.079	*	365 / 4
=	12.18

Zhongbai Holdings Group Co (SZSE:000759) Days Sales Outstanding Explanation

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

Zhongbai Holdings Group Co Days Sales Outstanding Related Terms

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Zhongbai Holdings Group Co (SZSE:000759) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Retail - Defensive » Zhongbai Holdings Group Co Ltd (SZSE:000759) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

N/A

Address

65-71 Nanniwan Road, Gutian 2nd Road, Block B, Building 8, HSBC Enterprise Headquarters, Hubei, Wuhan, CHN, 430035

Website

http://www.whzb.com

Zhongbai Holdings Group Co Ltd located in China is engaged mainly in retailing. The company exists in the form of a variety of business such as a supermarket and online shopping malls. It also engages in trade and logistics.

Executives

Liu Wen Lan	Director
Zhao Lin	Executives
Yin Yan Hong	Supervisors
Cheng Jun	Executives
Yang Xiao Hong	Executives
He Li Jun	Supervisors
Liu Cong	Director
Wang Hui	Executives
Peng Bo	Directors, executives
Wang Chun	Directors, executives
Zhang Dong Sheng	Directors, executives
Zhu Xin Rong	Independent director
Wang Ai Qun	Director
Zhang Jin Song	Directors, executives
Tang Jun	Director

Zhongbai Holdings Group Co (SZSE:000759) Headlines

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