Gansu Guofang Industry & Trade (Group) Co (SHSE:601086) Days Sales Outstanding : 1.58 (As of Mar. 2024)

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What is Gansu Guofang Industry & Trade (Group) Co Days Sales Outstanding?

Gansu Guofang Industry & Trade (Group) Co's average Accounts Receivable for the three months ended in Mar. 2024 was ¥4.3 Mil. Gansu Guofang Industry & Trade (Group) Co's Revenue for the three months ended in Mar. 2024 was ¥246.1 Mil. Hence, Gansu Guofang Industry & Trade (Group) Co's Days Sales Outstanding for the three months ended in Mar. 2024 was 1.58.

The historical rank and industry rank for Gansu Guofang Industry & Trade (Group) Co's Days Sales Outstanding or its related term are showing as below:

SHSE:601086' s Days Sales Outstanding Range Over the Past 10 Years
Min: 0.08 Med: 0.83 Max: 4.63
Current: 3.85

During the past 13 years, Gansu Guofang Industry & Trade (Group) Co's highest Days Sales Outstanding was 4.63. The lowest was 0.08. And the median was 0.83.

SHSE:601086's Days Sales Outstanding is ranked better than
85.66% of 1081 companies
in the Retail - Cyclical industry
Industry Median: 17.86 vs SHSE:601086: 3.85

Gansu Guofang Industry & Trade (Group) Co's Days Sales Outstanding declined from Mar. 2023 (4.68) to Mar. 2024 (1.58).

Gansu Guofang Industry & Trade (Group) Co Days Sales Outstanding Historical Data

The historical data trend for Gansu Guofang Industry & Trade (Group) 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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Gansu Guofang Industry & Trade (Group) Co Days Sales Outstanding Chart

Gansu Guofang Industry & Trade (Group) Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

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0.33

0.68

1.19

4.63

3.50

Gansu Guofang Industry & Trade (Group) 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															4.68	5.68	4.95	3.45	1.58

Competitive Comparison of Gansu Guofang Industry & Trade (Group) Co's Days Sales Outstanding

For the Department Stores subindustry, Gansu Guofang Industry & Trade (Group) 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.

Gansu Guofang Industry & Trade (Group) Co's Days Sales Outstanding Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Gansu Guofang Industry & Trade (Group) Co's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where Gansu Guofang Industry & Trade (Group) Co's Days Sales Outstanding falls into.

Gansu Guofang Industry & Trade (Group) 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.

Gansu Guofang Industry & Trade (Group) 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
=	( (14.322	+	4.284)	/	2 )	/	969.627	*	365
=	9.303					/	969.627	*	365
=	3.50

Gansu Guofang Industry & Trade (Group) 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
=	( (4.284	+	4.24)	/	2 )	/	246.125	*	365 / 4
=	4.262					/	246.125	*	365 / 4
=	1.58

Gansu Guofang Industry & Trade (Group) Co (SHSE:601086) Days Sales Outstanding Explanation

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

Gansu Guofang Industry & Trade (Group) Co Days Sales Outstanding Related Terms

Thank you for viewing the detailed overview of Gansu Guofang Industry & Trade (Group) Co's Days Sales Outstanding provided by GuruFocus.com. Please click on the following links to see related term pages.

Gansu Guofang Industry & Trade (Group) Co (SHSE:601086) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Gansu Guofang Industry & Trade (Group) Co Ltd (SHSE:601086) » Definitions » Days Sales Outstanding

Traded in Other Exchanges

N/A

Address

No. 4-6, South Square Road, Chengguan District, Gansu Province, Lanzhou, CHN, 730000

Website

http://www.guofanggroup.com

Gansu Guofang Industry & Trade (Group) Co Ltd is engaged in the operation of department stores, supplemented by the chain of the retail business of supermarkets and electrical appliances.

Executives

Zhang Hui Yang

Director

Gansu Guofang Industry & Trade (Group) Co (SHSE:601086) Headlines

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