Shengfeng Development (Shengfeng Development) Days Sales Outstanding : 72.23 (As of Dec. 2023)

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What is Shengfeng Development Days Sales Outstanding?

Shengfeng Development's average Accounts Receivable for the six months ended in Dec. 2023 was $86.7 Mil. Shengfeng Development's Revenue for the six months ended in Dec. 2023 was $219.2 Mil. Hence, Shengfeng Development's Days Sales Outstanding for the six months ended in Dec. 2023 was 72.23.

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

SFWL' s Days Sales Outstanding Range Over the Past 10 Years
Min: 79.05 Med: 84.01 Max: 98.77
Current: 79.05

During the past 4 years, Shengfeng Development's highest Days Sales Outstanding was 98.77. The lowest was 79.05. And the median was 84.01.

SFWL's Days Sales Outstanding is ranked worse than
80.75% of 966 companies
in the Transportation industry
Industry Median: 45.79 vs SFWL: 79.05

Shengfeng Development's Days Sales Outstanding declined from Dec. 2022 (74.52) to Dec. 2023 (72.23).

Shengfeng Development Days Sales Outstanding Historical Data

The historical data trend for Shengfeng Development'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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Shengfeng Development Days Sales Outstanding Chart

Shengfeng Development Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

98.77

83.38

83.65

84.36

Shengfeng Development Semi-Annual Data
	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Days Sales Outstanding	Get a 7-Day Free Trial			80.66	86.54	74.52	81.34	72.23

Competitive Comparison of Shengfeng Development's Days Sales Outstanding

For the Integrated Freight & Logistics subindustry, Shengfeng Development'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.

Shengfeng Development's Days Sales Outstanding Distribution in the Transportation Industry

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

* The bar in red indicates where Shengfeng Development's Days Sales Outstanding falls into.

Shengfeng Development 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.

Shengfeng Development'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
=	( (89.11	+	97.698)	/	2 )	/	404.121	*	365
=	93.404					/	404.121	*	365
=	84.36

Shengfeng Development'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: Jun. 2023 )	+	Accounts Receivable (A: Dec. 2023 ))	/	count )	/	Revenue (A: Dec. 2023 )	*	Days in Period
=	( (75.774	+	97.698)	/	2 )	/	219.15	*	365 / 2
=	86.736					/	219.15	*	365 / 2
=	72.23

Shengfeng Development (NAS:SFWL) Days Sales Outstanding Explanation

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

Shengfeng Development Days Sales Outstanding Related Terms

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Shengfeng Development (Shengfeng Development) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Shengfeng Development Ltd (NAS:SFWL) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 478 Fuxin East Road, Shengfeng Building, Jinan District,, Fuzhou City, CHN, 350001

Website

http://www.sfwl.com.cn

Shengfeng Development Ltd is a holding company. The firm through its subsidiaries engages in cargo warehousing, road transportation, and urban distribution. It offers contract logistics services comprising planning and designing supply chains, designing facilities, processing orders, collecting payments, managing inventories, and providing client services. Its integrated logistics solution services are comprised of three segments: B2B freight transportation; cloud storage; and value-added services.

Shengfeng Development (Shengfeng Development) Headlines

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