Grandblue Environment Co (SHSE:600323) Days Sales Outstanding : 118.76 (As of Mar. 2024)

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What is Grandblue Environment Co Days Sales Outstanding?

Grandblue Environment Co's average Accounts Receivable for the three months ended in Mar. 2024 was ¥3,534 Mil. Grandblue Environment Co's Revenue for the three months ended in Mar. 2024 was ¥2,716 Mil. Hence, Grandblue Environment Co's Days Sales Outstanding for the three months ended in Mar. 2024 was 118.76.

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

SHSE:600323' s Days Sales Outstanding Range Over the Past 10 Years
Min: 22.64 Med: 31.73 Max: 100.12
Current: 100.12

During the past 13 years, Grandblue Environment Co's highest Days Sales Outstanding was 100.12. The lowest was 22.64. And the median was 31.73.

SHSE:600323's Days Sales Outstanding is ranked worse than
78.77% of 504 companies
in the Utilities - Regulated industry
Industry Median: 53.495 vs SHSE:600323: 100.12

Grandblue Environment Co's Days Sales Outstanding increased from Mar. 2023 (97.51) to Mar. 2024 (118.76).

Warning Sign:

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

Grandblue Environment Co Days Sales Outstanding Historical Data

The historical data trend for Grandblue Environment 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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Grandblue Environment Co Days Sales Outstanding Chart

Grandblue Environment Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

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35.06

43.82

42.75

63.96

88.11

Grandblue Environment 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															97.51	98.30	102.31	83.53	118.76

Competitive Comparison of Grandblue Environment Co's Days Sales Outstanding

For the Utilities - Regulated Water subindustry, Grandblue Environment 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.

Grandblue Environment Co's Days Sales Outstanding Distribution in the Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, Grandblue Environment Co's Days Sales Outstanding distribution charts can be found below:

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

Grandblue Environment 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.

Grandblue Environment 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
=	( (2781.313	+	3273.687)	/	2 )	/	12541.289	*	365
=	3027.5					/	12541.289	*	365
=	88.11

Grandblue Environment 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
=	( (3273.687	+	3795.304)	/	2 )	/	2715.795	*	365 / 4
=	3534.4955					/	2715.795	*	365 / 4
=	118.76

Grandblue Environment Co (SHSE:600323) Days Sales Outstanding Explanation

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

Grandblue Environment Co Days Sales Outstanding Related Terms

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Grandblue Environment Co (SHSE:600323) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Regulated » Grandblue Environment Co Ltd (SHSE:600323) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

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Address

Cailian Building, Nanhai Avenue, Guicheng, Nanhai District, Guangdong Province, Foshan, CHN, 528200

Website

http://www.grandblue.cn

Grandblue Environment Co Ltd is mainly engaged in urban water supply, sewage treatment, solid waste processing, and construction and operation of municipal infrastructure.

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