Shanghai Research Institute of Building Sciences Group Co (SHSE:603153) Days Sales Outstanding : 150.05 (As of Mar. 2024)

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What is Shanghai Research Institute of Building Sciences Group Co Days Sales Outstanding?

Shanghai Research Institute of Building Sciences Group Co's average Accounts Receivable for the three months ended in Mar. 2024 was ¥1,273 Mil. Shanghai Research Institute of Building Sciences Group Co's Revenue for the three months ended in Mar. 2024 was ¥774 Mil. Hence, Shanghai Research Institute of Building Sciences Group Co's Days Sales Outstanding for the three months ended in Mar. 2024 was 150.05.

The historical rank and industry rank for Shanghai Research Institute of Building Sciences Group Co's Days Sales Outstanding or its related term are showing as below:

SHSE:603153' s Days Sales Outstanding Range Over the Past 10 Years
Min: 66.55 Med: 73.19 Max: 115.96
Current: 115.96

During the past 6 years, Shanghai Research Institute of Building Sciences Group Co's highest Days Sales Outstanding was 115.96. The lowest was 66.55. And the median was 73.19.

SHSE:603153's Days Sales Outstanding is ranked worse than
70.66% of 1646 companies
in the Construction industry
Industry Median: 72.605 vs SHSE:603153: 115.96

Shanghai Research Institute of Building Sciences Group Co's Days Sales Outstanding increased from Mar. 2023 (138.15) to Mar. 2024 (150.05).

Warning Sign:

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

Shanghai Research Institute of Building Sciences Group Co Days Sales Outstanding Historical Data

The historical data trend for Shanghai Research Institute of Building Sciences 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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Shanghai Research Institute of Building Sciences Group Co Days Sales Outstanding Chart

Shanghai Research Institute of Building Sciences Group Co Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

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66.55

70.94

72.58

98.69

108.74

Shanghai Research Institute of Building Sciences Group Co Quarterly Data
	Dec18	Dec19	Dec20	Jun21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Days Sales Outstanding	Get a 7-Day Free Trial									138.15	139.00	128.20	80.15	150.05

Competitive Comparison of Shanghai Research Institute of Building Sciences Group Co's Days Sales Outstanding

For the Engineering & Construction subindustry, Shanghai Research Institute of Building Sciences 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.

Shanghai Research Institute of Building Sciences Group Co's Days Sales Outstanding Distribution in the Construction Industry

For the Construction industry and Industrials sector, Shanghai Research Institute of Building Sciences Group Co's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where Shanghai Research Institute of Building Sciences Group Co's Days Sales Outstanding falls into.

Shanghai Research Institute of Building Sciences 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.

Shanghai Research Institute of Building Sciences 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
=	( (1118.74	+	1270.257)	/	2 )	/	4009.5	*	365
=	1194.4985					/	4009.5	*	365
=	108.74

Shanghai Research Institute of Building Sciences 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
=	( (1270.257	+	1276.497)	/	2 )	/	774.397	*	365 / 4
=	1273.377					/	774.397	*	365 / 4
=	150.05

Shanghai Research Institute of Building Sciences Group Co (SHSE:603153) Days Sales Outstanding Explanation

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

Shanghai Research Institute of Building Sciences Group Co Days Sales Outstanding Related Terms

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Shanghai Research Institute of Building Sciences Group Co (SHSE:603153) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Shanghai Research Institute of Building Sciences Group Co Ltd (SHSE:603153) » Definitions » Days Sales Outstanding

Traded in Other Exchanges

N/A

Address

No. 75, Wanping South Road, Xuhui, Shanghai, CHN, 200032

Website

https://www.sribs.com

Shanghai Research Institute of Building Sciences Group Co Ltd is engaged in providing services of engineering consulting, testing and design in building, transportation and the environment. The company is undertaking generic technologies research and development in building, transportation and the environment. SRIBS operates a State Enterprise Research & Development Center, two state engineering test centers, over eight ministry-level R&D platforms, and several standardization committees and service platforms as well. The services of the company include Engineering Consulting, Engineering services, Construction, and Smart manufacturing. The company's Project portfolio includes the Shanghai center tower, the nine-star city, the Pudong football stadium, and others.

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