Zhejiang Construction Investment Group Co (SZSE:002761) Days Sales Outstanding : 118.75 (As of Mar. 2024)

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What is Zhejiang Construction Investment Group Co Days Sales Outstanding?

Zhejiang Construction Investment Group Co's average Accounts Receivable for the three months ended in Mar. 2024 was ¥24,937 Mil. Zhejiang Construction Investment Group Co's Revenue for the three months ended in Mar. 2024 was ¥19,161 Mil. Hence, Zhejiang Construction Investment Group Co's Days Sales Outstanding for the three months ended in Mar. 2024 was 118.75.

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

SZSE:002761' s Days Sales Outstanding Range Over the Past 10 Years
Min: 18.25 Med: 84.99 Max: 122.29
Current: 105.13

During the past 13 years, Zhejiang Construction Investment Group Co's highest Days Sales Outstanding was 122.29. The lowest was 18.25. And the median was 84.99.

SZSE:002761's Days Sales Outstanding is ranked worse than
67.29% of 1645 companies
in the Construction industry
Industry Median: 73.08 vs SZSE:002761: 105.13

Zhejiang Construction Investment Group Co's Days Sales Outstanding increased from Mar. 2023 (116.51) to Mar. 2024 (118.75).

Zhejiang Construction Investment Group Co Days Sales Outstanding Historical Data

The historical data trend for Zhejiang Construction Investment 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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Zhejiang Construction Investment Group Co Days Sales Outstanding Chart

Zhejiang Construction Investment Group Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

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114.89

122.29

114.85

114.03

109.00

Zhejiang Construction Investment 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															116.51	94.00	100.75	113.82	118.75

Competitive Comparison of Zhejiang Construction Investment Group Co's Days Sales Outstanding

For the Engineering & Construction subindustry, Zhejiang Construction Investment 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.

Zhejiang Construction Investment Group Co's Days Sales Outstanding Distribution in the Construction Industry

For the Construction industry and Industrials sector, Zhejiang Construction Investment Group Co's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where Zhejiang Construction Investment Group Co's Days Sales Outstanding falls into.

Zhejiang Construction Investment 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.

Zhejiang Construction Investment 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
=	( (29158.859	+	26152.296)	/	2 )	/	92605.75	*	365
=	27655.5775					/	92605.75	*	365
=	109.00

Zhejiang Construction Investment 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
=	( (26152.296	+	23720.97)	/	2 )	/	19161.465	*	365 / 4
=	24936.633					/	19161.465	*	365 / 4
=	118.75

Zhejiang Construction Investment Group Co (SZSE:002761) Days Sales Outstanding Explanation

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

Zhejiang Construction Investment Group Co Days Sales Outstanding Related Terms

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Zhejiang Construction Investment Group Co (SZSE:002761) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Zhejiang Construction Investment Group Co Ltd (SZSE:002761) » Definitions » Days Sales Outstanding

Traded in Other Exchanges

N/A

Address

No. 52 Wensan West Road, Zhejiang Construction Investment Building, Zhejiang Province, Hangzhou, CHN, 310013

Website

http://www.cnzgc.com

Zhejiang Construction Investment Group Co Ltd is engaged in the building construction business and industrial manufacturing, engineering services, infrastructure investment and operation supporting the main construction industry chain.

Executives

Cheng Tian Yi	Supervisors
Zhao Chuan Miao	Director
Wu Ying	Supervisors
Zhang Wen	Directors, executives
Zhang Hai Ying	Directors, executives

Zhejiang Construction Investment Group Co (SZSE:002761) Headlines

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