EIT Environmental Development Group Co (SZSE:300815) Days Sales Outstanding : 183.75 (As of Mar. 2024)

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What is EIT Environmental Development Group Co Days Sales Outstanding?

EIT Environmental Development Group Co's average Accounts Receivable for the three months ended in Mar. 2024 was ¥3,427 Mil. EIT Environmental Development Group Co's Revenue for the three months ended in Mar. 2024 was ¥1,702 Mil. Hence, EIT Environmental Development Group Co's Days Sales Outstanding for the three months ended in Mar. 2024 was 183.75.

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

SZSE:300815' s Days Sales Outstanding Range Over the Past 10 Years
Min: 48.55 Med: 68.52 Max: 168.24
Current: 168.24

During the past 9 years, EIT Environmental Development Group Co's highest Days Sales Outstanding was 168.24. The lowest was 48.55. And the median was 68.52.

SZSE:300815's Days Sales Outstanding is ranked worse than
75.98% of 229 companies
in the Waste Management industry
Industry Median: 72.65 vs SZSE:300815: 168.24

EIT Environmental Development Group Co's Days Sales Outstanding increased from Mar. 2023 (149.07) to Mar. 2024 (183.75).

EIT Environmental Development Group Co Days Sales Outstanding Historical Data

The historical data trend for EIT Environmental Development 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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EIT Environmental Development Group Co Days Sales Outstanding Chart

EIT Environmental Development Group Co Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

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68.52

73.65

95.20

127.60

164.02

EIT Environmental Development 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															149.07	150.70	166.12	170.02	183.75

Competitive Comparison of EIT Environmental Development Group Co's Days Sales Outstanding

For the Waste Management subindustry, EIT Environmental Development 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.

EIT Environmental Development Group Co's Days Sales Outstanding Distribution in the Waste Management Industry

For the Waste Management industry and Industrials sector, EIT Environmental Development Group Co's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where EIT Environmental Development Group Co's Days Sales Outstanding falls into.

EIT Environmental Development 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.

EIT Environmental Development 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
=	( (2270.608	+	3266.179)	/	2 )	/	6160.574	*	365
=	2768.3935					/	6160.574	*	365
=	164.02

EIT Environmental Development 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
=	( (3266.179	+	3587.861)	/	2 )	/	1701.834	*	365 / 4
=	3427.02					/	1701.834	*	365 / 4
=	183.75

EIT Environmental Development Group Co (SZSE:300815) Days Sales Outstanding Explanation

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

EIT Environmental Development Group Co Days Sales Outstanding Related Terms

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EIT Environmental Development Group Co (SZSE:300815) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Waste Management » EIT Environmental Development Group Co Ltd (SZSE:300815) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

N/A

Address

Tianxin Avenue, Building 5, E-commerce Industrial Park, Zhumeng Town, Yuexi County, Anhui Province, Anqing, CHN, 246600

Website

http://www.eit-sz.com

EIT Environmental Development Group Co Ltd is engaged in provision of sanitation management services such as property cleaning and municipal sanitation. The company's services include building cleaning services; road cleaning and cleaning; garbage removal and transportation; environmental protection engineering; biodiesel processing and manufacturing; garbage classification project operation management, design and technical development of garbage transfer stations; construction and operation management of environmental protection industries such as RDF technology, anaerobic biogas production technology incineration; domestic waste classification and recycling, kitchen waste recycling and processing, and related environmental protection equipment manufacturing.

Executives

Wang Dong Yan	Director
Zhou Ming	Director
Zhou Cong	Director
Chen Qiang	Supervisors

EIT Environmental Development Group Co (SZSE:300815) Headlines

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