Nanjing Sheng Hang Shipping Co (SZSE:001205) Days Sales Outstanding : 24.93 (As of Mar. 2024)

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What is Nanjing Sheng Hang Shipping Co Days Sales Outstanding?

Nanjing Sheng Hang Shipping Co's average Accounts Receivable for the three months ended in Mar. 2024 was ¥103 Mil. Nanjing Sheng Hang Shipping Co's Revenue for the three months ended in Mar. 2024 was ¥378 Mil. Hence, Nanjing Sheng Hang Shipping Co's Days Sales Outstanding for the three months ended in Mar. 2024 was 24.93.

The historical rank and industry rank for Nanjing Sheng Hang Shipping Co's Days Sales Outstanding or its related term are showing as below:

SZSE:001205' s Days Sales Outstanding Range Over the Past 10 Years
Min: 30.61 Med: 45.24 Max: 57.8
Current: 30.61

During the past 9 years, Nanjing Sheng Hang Shipping Co's highest Days Sales Outstanding was 57.80. The lowest was 30.61. And the median was 45.24.

SZSE:001205's Days Sales Outstanding is ranked better than
70.7% of 959 companies
in the Transportation industry
Industry Median: 46.08 vs SZSE:001205: 30.61

Nanjing Sheng Hang Shipping Co's Days Sales Outstanding declined from Mar. 2023 (50.62) to Mar. 2024 (24.93).

Nanjing Sheng Hang Shipping Co Days Sales Outstanding Historical Data

The historical data trend for Nanjing Sheng Hang Shipping 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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Nanjing Sheng Hang Shipping Co Days Sales Outstanding Chart

Nanjing Sheng Hang Shipping Co Annual Data

Trend

Dec13

Dec14

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

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45.24

50.55

49.92

56.78

39.43

Nanjing Sheng Hang Shipping Co Quarterly Data
	Dec18	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															50.62	42.33	32.59	22.09	24.93

Competitive Comparison of Nanjing Sheng Hang Shipping Co's Days Sales Outstanding

For the Marine Shipping subindustry, Nanjing Sheng Hang Shipping 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.

Nanjing Sheng Hang Shipping Co's Days Sales Outstanding Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Nanjing Sheng Hang Shipping Co's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where Nanjing Sheng Hang Shipping Co's Days Sales Outstanding falls into.

Nanjing Sheng Hang Shipping 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.

Nanjing Sheng Hang Shipping 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
=	( (179.265	+	93.286)	/	2 )	/	1261.492	*	365
=	136.2755					/	1261.492	*	365
=	39.43

Nanjing Sheng Hang Shipping 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
=	( (93.286	+	113.158)	/	2 )	/	377.887	*	365 / 4
=	103.222					/	377.887	*	365 / 4
=	24.93

Nanjing Sheng Hang Shipping Co (SZSE:001205) Days Sales Outstanding Explanation

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

Nanjing Sheng Hang Shipping Co Days Sales Outstanding Related Terms

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Nanjing Sheng Hang Shipping Co (SZSE:001205) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Nanjing Sheng Hang Shipping Co Ltd (SZSE:001205) » Definitions » Days Sales Outstanding

Traded in Other Exchanges

N/A

Address

No. 388, Ganjiaxiang Street, Qixia Street, Qixia District, Jiangsu Province, Nanjing, CHN, 210033

Website

http://www.njshsh.com

Nanjing Sheng Hang Shipping Co Ltd is engaged in the international and domestic coastal transportation, as well as the transportation of refined oil and chemicals in the middle and lower reaches of the Yangtze River.

Executives

Li Tao Yuan	Director
Li Guang Hong	Executives
Song Jiang Tao	Executives
Chen Yan Ming	Directors, executives

Nanjing Sheng Hang Shipping Co (SZSE:001205) Headlines

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