Mega-info Media Co (SZSE:301102) Days Sales Outstanding : 170.41 (As of Mar. 2024)

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What is Mega-info Media Co Days Sales Outstanding?

Mega-info Media Co's average Accounts Receivable for the three months ended in Mar. 2024 was ¥331.2 Mil. Mega-info Media Co's Revenue for the three months ended in Mar. 2024 was ¥177.3 Mil. Hence, Mega-info Media Co's Days Sales Outstanding for the three months ended in Mar. 2024 was 170.41.

The historical rank and industry rank for Mega-info Media Co's Days Sales Outstanding or its related term are showing as below:

SZSE:301102' s Days Sales Outstanding Range Over the Past 10 Years
Min: 111.16 Med: 140.25 Max: 191.77
Current: 191.77

During the past 7 years, Mega-info Media Co's highest Days Sales Outstanding was 191.77. The lowest was 111.16. And the median was 140.25.

SZSE:301102's Days Sales Outstanding is ranked worse than
88.07% of 1023 companies
in the Media - Diversified industry
Industry Median: 68.9 vs SZSE:301102: 191.77

Mega-info Media Co's Days Sales Outstanding declined from Mar. 2023 (182.31) to Mar. 2024 (170.41).

Mega-info Media Co Days Sales Outstanding Historical Data

The historical data trend for Mega-info Media 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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Mega-info Media Co Days Sales Outstanding Chart

Mega-info Media Co Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

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127.83

121.98

111.16

156.74

184.03

Mega-info Media Co Quarterly Data
	Dec17	Dec18	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															182.31	275.06	168.53	185.01	170.41

Competitive Comparison of Mega-info Media Co's Days Sales Outstanding

For the Advertising Agencies subindustry, Mega-info Media 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.

Mega-info Media Co's Days Sales Outstanding Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Mega-info Media Co's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where Mega-info Media Co's Days Sales Outstanding falls into.

Mega-info Media 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.

Mega-info Media 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
=	( (285.148	+	317.083)	/	2 )	/	597.239	*	365
=	301.1155					/	597.239	*	365
=	184.03

Mega-info Media 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
=	( (317.083	+	345.268)	/	2 )	/	177.334	*	365 / 4
=	331.1755					/	177.334	*	365 / 4
=	170.41

Mega-info Media Co (SZSE:301102) Days Sales Outstanding Explanation

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

Mega-info Media Co Days Sales Outstanding Related Terms

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Mega-info Media Co (SZSE:301102) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » Mega-info Media Co Ltd (SZSE:301102) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

N/A

Address

Central Avenu, Room 1036, Huaying Building, Airport Economic Zone, Tianjin, CHN, 300308

Website

http://www.zhaoxunmedia.com

Mega-info Media Co Ltd is engaged in the development, operation and advertising of high-speed rail digital media resources.

Mega-info Media Co (SZSE:301102) Headlines

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