Weiye Construction Group Co (SZSE:300621) Days Sales Outstanding : 56.60 (As of Mar. 2024)

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What is Weiye Construction Group Co Days Sales Outstanding?

Weiye Construction Group Co's average Accounts Receivable for the three months ended in Mar. 2024 was ¥2,409 Mil. Weiye Construction Group Co's Revenue for the three months ended in Mar. 2024 was ¥3,883 Mil. Hence, Weiye Construction Group Co's Days Sales Outstanding for the three months ended in Mar. 2024 was 56.60.

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

SZSE:300621' s Days Sales Outstanding Range Over the Past 10 Years
Min: 35.46 Med: 167.6 Max: 360.07
Current: 58.35

During the past 12 years, Weiye Construction Group Co's highest Days Sales Outstanding was 360.07. The lowest was 35.46. And the median was 167.60.

SZSE:300621's Days Sales Outstanding is ranked better than
64.05% of 1641 companies
in the Construction industry
Industry Median: 73.38 vs SZSE:300621: 58.35

Weiye Construction Group Co's Days Sales Outstanding declined from Mar. 2023 (60.11) to Mar. 2024 (56.60).

Weiye Construction Group Co Days Sales Outstanding Historical Data

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

Weiye Construction Group Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

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141.11

54.74

35.46

37.40

52.97

Weiye Construction 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															60.11	56.64	58.38	63.72	56.60

Competitive Comparison of Weiye Construction Group Co's Days Sales Outstanding

For the Engineering & Construction subindustry, Weiye Construction 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.

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

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

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

Weiye Construction 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.

Weiye Construction 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
=	( (1944.418	+	2562.431)	/	2 )	/	15528.965	*	365
=	2253.4245					/	15528.965	*	365
=	52.97

Weiye Construction 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
=	( (2562.431	+	2254.616)	/	2 )	/	3883.319	*	365 / 4
=	2408.5235					/	3883.319	*	365 / 4
=	56.60

Weiye Construction Group Co (SZSE:300621) Days Sales Outstanding Explanation

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

Weiye Construction Group Co Days Sales Outstanding Related Terms

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Weiye Construction Group Co (SZSE:300621) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Weiye Construction Group Co Ltd (SZSE:300621) » Definitions » Days Sales Outstanding

Traded in Other Exchanges

N/A

Address

West of Xinzhou Road, Podium of Jingzhou Building, Futian District, Guangdong Province, Shenzhen, CHN

Website

http://www.szweiye.com

Weiye Construction Group Co Ltd formerly Shenzhen Weiye Decoration Group Co Ltd is engaged in the field of domestic architecture decoration in China. The company mainly provides decorative design and construction services for large real estate, government agencies, large enterprises and high-end hotels. It services include building decoration works; curtain wall for building; the electrical and mechanical design consultant and intelligence service; steel structure engineering comprising industrial, civil construction and other projects.

Executives

Luo Hua Lin	Executives
Shen Qian	Executives
Wei Zhi Hui	Executives
Zhan Feng	Securities Affairs Representative
Luo Lie Fa	Director
Luo Xi Bin	Executives
Li Jian Qiang	Directors, executives
Hu Jian Feng	Executives
Peng Jin Cui	Director
Zhang Ji Jun	Directors, Directors, and Executives

Weiye Construction Group Co (SZSE:300621) Headlines

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