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Hichain Logistics Co (SZSE:300873) Days Sales Outstanding : 141.42 (As of Mar. 2024)


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What is Hichain Logistics Co Days Sales Outstanding?

Hichain Logistics Co's average Accounts Receivable for the three months ended in Mar. 2024 was ¥624 Mil. Hichain Logistics Co's Revenue for the three months ended in Mar. 2024 was ¥402 Mil. Hence, Hichain Logistics Co's Days Sales Outstanding for the three months ended in Mar. 2024 was 141.42.

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

SZSE:300873' s Days Sales Outstanding Range Over the Past 10 Years
Min: 78.86   Med: 83.2   Max: 144.02
Current: 144.02

During the past 8 years, Hichain Logistics Co's highest Days Sales Outstanding was 144.02. The lowest was 78.86. And the median was 83.20.

SZSE:300873's Days Sales Outstanding is ranked worse than
92.49% of 959 companies
in the Transportation industry
Industry Median: 46.08 vs SZSE:300873: 144.02

Hichain Logistics Co's Days Sales Outstanding declined from Mar. 2023 (143.57) to Mar. 2024 (141.42).

Warning Sign:

If a company's sales outstanding increases, it means it has difficulty collecting payments from its customers.


Hichain Logistics Co Days Sales Outstanding Historical Data

The historical data trend for Hichain Logistics 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.

* Premium members only.

Hichain Logistics Co Days Sales Outstanding Chart

Hichain Logistics Co Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Sales Outstanding
Get a 7-Day Free Trial 80.79 83.64 79.61 101.47 129.68

Hichain Logistics 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 143.57 155.90 148.05 135.64 141.42

Competitive Comparison of Hichain Logistics Co's Days Sales Outstanding

For the Integrated Freight & Logistics subindustry, Hichain Logistics 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.


Hichain Logistics Co's Days Sales Outstanding Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Hichain Logistics Co's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where Hichain Logistics Co's Days Sales Outstanding falls into.



Hichain Logistics 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.

Hichain Logistics 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
=( (637.409 + 661.757) / 2 ) / 1828.282*365
=649.583 / 1828.282*365
=129.68

Hichain Logistics 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
=( (661.757 + 585.538) / 2 ) / 402.397*365 / 4
=623.6475 / 402.397*365 / 4
=141.42

* 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.


Hichain Logistics Co  (SZSE:300873) Days Sales Outstanding Explanation

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


Hichain Logistics Co Days Sales Outstanding Related Terms

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Hichain Logistics Co (SZSE:300873) Business Description

Traded in Other Exchanges
N/A
Address
111 Quanhai Road, Wujiang Economic and Technological Development Zone, Jiangsu Province, Suzhou, CHN, 215200
Hichain Logistics Co Ltd is a provider of all-round and integrated modern integrated logistics services for related enterprises in the electronic information industry. The company provides comprehensive logistics solutions integrating transportation, warehousing, customs and other value-added services for technology manufacturing enterprises. Its services include Road Transportation; Intelligent Warehousing; Customs Brokerage; Integrated Zone Service; and International Freight Forwarding.

Hichain Logistics Co (SZSE:300873) Headlines

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