China Vanke Co (SZSE:000002) Days Sales Outstanding : 4.33 (As of Dec. 2023)

View and export this data going back to 1991. Start your Free Trial

What is China Vanke Co Days Sales Outstanding?

China Vanke Co's average Accounts Receivable for the three months ended in Dec. 2023 was ¥8,333 Mil. China Vanke Co's Revenue for the three months ended in Dec. 2023 was ¥175,431 Mil. Hence, China Vanke Co's Days Sales Outstanding for the three months ended in Dec. 2023 was 4.33.

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

SZSE:000002' s Days Sales Outstanding Range Over the Past 10 Years
Min: 1.77 Med: 3.3 Max: 6.56
Current: 6.56

During the past 13 years, China Vanke Co's highest Days Sales Outstanding was 6.56. The lowest was 1.77. And the median was 3.30.

SZSE:000002's Days Sales Outstanding is ranked better than
82.06% of 1667 companies
in the Real Estate industry
Industry Median: 36.2 vs SZSE:000002: 6.56

China Vanke Co's Days Sales Outstanding increased from Dec. 2022 (4.20) to Dec. 2023 (4.33).

China Vanke Co Days Sales Outstanding Historical Data

The historical data trend for China Vanke 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.

China Vanke Co Days Sales Outstanding Chart

China Vanke Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

Get a 7-Day Free Trial

1.77

2.17

3.12

4.44

5.80

China Vanke Co Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Days Sales Outstanding	Get a 7-Day Free Trial															4.20	10.73	6.10	9.43	4.33

Competitive Comparison of China Vanke Co's Days Sales Outstanding

For the Real Estate - Development subindustry, China Vanke 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.

China Vanke Co's Days Sales Outstanding Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, China Vanke Co's Days Sales Outstanding distribution charts can be found below:

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

China Vanke 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.

China Vanke 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
=	( (7504.692	+	7293.628)	/	2 )	/	465739.077	*	365
=	7399.16					/	465739.077	*	365
=	5.80

China Vanke Co's Days Sales Outstanding for the quarter that ended in Dec. 2023 is calculated as:

	Days Sales Outstanding (Q: Dec. 2023 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Sep. 2023 )	+	Accounts Receivable (A: Dec. 2023 ))	/	count )	/	Revenue (A: Dec. 2023 )	*	Days in Period
=	( (9372.699	+	7293.628)	/	2 )	/	175430.585	*	365 / 4
=	8333.1635					/	175430.585	*	365 / 4
=	4.33

China Vanke Co (SZSE:000002) Days Sales Outstanding Explanation

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

China Vanke Co Days Sales Outstanding Related Terms

Thank you for viewing the detailed overview of China Vanke Co's Days Sales Outstanding provided by GuruFocus.com. Please click on the following links to see related term pages.

China Vanke Co (SZSE:000002) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » China Vanke Co Ltd (SZSE:000002) » Definitions » Days Sales Outstanding

Traded in Other Exchanges

CHVKF:USA CHVKY:USA 02202:Hong Kong 18V:Germany

Address

Vanke Center, No. 33 Huanmei Road, Dameisha, Yantian District, Shenzhen, CHN, 518083

Website

https://www.vanke.com

China Vanke is a large real estate developer in China with residential property sales among the top three of all peers through the past five years. While property development accounts for most of its revenue and earnings, it has expanded its business presence in investment properties such as commercial retail complexes, long-term leasing apartments, and leasable logistical assets. China Vanke also owns an over-60% equity interest in its property management division Onewo, which manages the second-largest gross floor area in China. It is dual-listed in Shenzhen and Hong Kong, and state-owned Shenzhen Metro is the largest shareholder with a 27.2% stake.

China Vanke Co (SZSE:000002) Headlines

No Headlines