Guangxi Radio and Television Information Network (SHSE:600936) Days Sales Outstanding : 233.11 (As of Mar. 2024)

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What is Guangxi Radio and Television Information Network Days Sales Outstanding?

Guangxi Radio and Television Information Network's average Accounts Receivable for the three months ended in Mar. 2024 was ¥711 Mil. Guangxi Radio and Television Information Network's Revenue for the three months ended in Mar. 2024 was ¥278 Mil. Hence, Guangxi Radio and Television Information Network's Days Sales Outstanding for the three months ended in Mar. 2024 was 233.11.

The historical rank and industry rank for Guangxi Radio and Television Information Network's Days Sales Outstanding or its related term are showing as below:

SHSE:600936' s Days Sales Outstanding Range Over the Past 10 Years
Min: 14.43 Med: 72.63 Max: 223.99
Current: 223.99

During the past 13 years, Guangxi Radio and Television Information Network's highest Days Sales Outstanding was 223.99. The lowest was 14.43. And the median was 72.63.

SHSE:600936's Days Sales Outstanding is ranked worse than
90.46% of 1027 companies
in the Media - Diversified industry
Industry Median: 68.4 vs SHSE:600936: 223.99

Guangxi Radio and Television Information Network's Days Sales Outstanding increased from Mar. 2023 (165.00) to Mar. 2024 (233.11).

Warning Sign:

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

Guangxi Radio and Television Information Network Days Sales Outstanding Historical Data

The historical data trend for Guangxi Radio and Television Information Network'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.

Guangxi Radio and Television Information Network Days Sales Outstanding Chart

Guangxi Radio and Television Information Network Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

Get a 7-Day Free Trial

77.19

94.09

118.11

147.19

192.04

Guangxi Radio and Television Information Network 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															165.00	215.99	237.83	208.86	233.11

Competitive Comparison of Guangxi Radio and Television Information Network's Days Sales Outstanding

For the Entertainment subindustry, Guangxi Radio and Television Information Network'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.

Guangxi Radio and Television Information Network's Days Sales Outstanding Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Guangxi Radio and Television Information Network's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where Guangxi Radio and Television Information Network's Days Sales Outstanding falls into.

Guangxi Radio and Television Information Network 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.

Guangxi Radio and Television Information Network'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
=	( (766.06	+	711.212)	/	2 )	/	1403.92	*	365
=	738.636					/	1403.92	*	365
=	192.04

Guangxi Radio and Television Information Network'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
=	( (711.212	+	710.91)	/	2 )	/	278.347	*	365 / 4
=	711.061					/	278.347	*	365 / 4
=	233.11

Guangxi Radio and Television Information Network (SHSE:600936) Days Sales Outstanding Explanation

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

Guangxi Radio and Television Information Network Days Sales Outstanding Related Terms

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Guangxi Radio and Television Information Network (SHSE:600936) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » Guangxi Radio and Television Information Network Corp Ltd (SHSE:600936) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

N/A

Address

No.8 Jinghui Lane, Yunjing Road, Hao Guangxi Broadcasting Network Complex, Nanning, CHN, 530007

Website

http://www.96335.com

Guangxi Radio and Television Information Network Corp Ltd is a China-based company principally engaged in the construction and operation of radio and television network, radio and television program transmission, data network business, as well as the development and operation of Digital Television (TV) value-added services. The firm's main business includes basic TV business, the installation of cable TV business, digital TV value-added services, program transmission, data network business, as well as the wholesale of broadcast television equipment.

Guangxi Radio and Television Information Network (SHSE:600936) Headlines

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