State Grid Yingda Co (SHSE:600517) Days Sales Outstanding : 153.95 (As of Mar. 2024)

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What is State Grid Yingda Co Days Sales Outstanding?

State Grid Yingda Co's average Accounts Receivable for the three months ended in Mar. 2024 was ¥3,445 Mil. State Grid Yingda Co's Revenue for the three months ended in Mar. 2024 was ¥2,042 Mil. Hence, State Grid Yingda Co's Days Sales Outstanding for the three months ended in Mar. 2024 was 153.95.

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

SHSE:600517' s Days Sales Outstanding Range Over the Past 10 Years
Min: 118.32 Med: 176.71 Max: 258.62
Current: 122.84

During the past 13 years, State Grid Yingda Co's highest Days Sales Outstanding was 258.62. The lowest was 118.32. And the median was 176.71.

SHSE:600517's Days Sales Outstanding is ranked worse than
77.05% of 2946 companies
in the Industrial Products industry
Industry Median: 79.93 vs SHSE:600517: 122.84

State Grid Yingda Co's Days Sales Outstanding increased from Mar. 2023 (148.88) to Mar. 2024 (153.95).

State Grid Yingda Co Days Sales Outstanding Historical Data

The historical data trend for State Grid Yingda 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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State Grid Yingda Co Days Sales Outstanding Chart

State Grid Yingda Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

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182.85

185.45

170.57

130.33

118.32

State Grid Yingda 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															148.88	116.67	153.66	97.22	153.95

Competitive Comparison of State Grid Yingda Co's Days Sales Outstanding

For the Electrical Equipment & Parts subindustry, State Grid Yingda 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.

State Grid Yingda Co's Days Sales Outstanding Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, State Grid Yingda Co's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where State Grid Yingda Co's Days Sales Outstanding falls into.

State Grid Yingda 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.

State Grid Yingda 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
=	( (3430.805	+	3632.833)	/	2 )	/	10895.488	*	365
=	3531.819					/	10895.488	*	365
=	118.32

State Grid Yingda 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
=	( (3632.833	+	3256.324)	/	2 )	/	2041.658	*	365 / 4
=	3444.5785					/	2041.658	*	365 / 4
=	153.95

State Grid Yingda Co (SHSE:600517) Days Sales Outstanding Explanation

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

State Grid Yingda Co Days Sales Outstanding Related Terms

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State Grid Yingda Co (SHSE:600517) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » State Grid Yingda Co Ltd (SHSE:600517) » Definitions » Days Sales Outstanding

Traded in Other Exchanges

N/A

Address

No. 2239 Hongqiao Road, Shanghai, CHN, 200335

Website

http://www.zhixindianqi.com.cn

State Grid Yingda Co Ltd, formerly Shanghai Zhixin Electric Co Ltd specializes in the development, production and sale of amorphous alloy transformers in China.

Executives

Xing Jun	senior management
Li Li	senior management
Que Lian Yuan	senior management
Chen Ying Yi	Director
Zhang Hui Yong	senior management
Niu Xi Hong	senior management
Chen Li Quan	senior management
Zhang Chun	senior management
Ling Jian	senior management
Liu Jian Xin	senior management
Zhang Jian Ming	Director

State Grid Yingda Co (SHSE:600517) Headlines

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