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Shenzhen Universe Group Co (SZSE:000023) Days Sales Outstanding : 2,260.71 (As of Mar. 2024)


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What is Shenzhen Universe Group Co Days Sales Outstanding?

Shenzhen Universe Group Co's average Accounts Receivable for the three months ended in Mar. 2024 was ¥424.9 Mil. Shenzhen Universe Group Co's Revenue for the three months ended in Mar. 2024 was ¥17.2 Mil. Hence, Shenzhen Universe Group Co's Days Sales Outstanding for the three months ended in Mar. 2024 was 2,260.71.

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

SZSE:000023' s Days Sales Outstanding Range Over the Past 10 Years
Min: 179.94   Med: 203.41   Max: 1121.68
Current: 1121.68

During the past 13 years, Shenzhen Universe Group Co's highest Days Sales Outstanding was 1121.68. The lowest was 179.94. And the median was 203.41.

SZSE:000023's Days Sales Outstanding is ranked worse than
98.26% of 1670 companies
in the Real Estate industry
Industry Median: 36.87 vs SZSE:000023: 1121.68

Shenzhen Universe Group Co's Days Sales Outstanding increased from Mar. 2023 (1,070.48) to Mar. 2024 (2,260.71).

Warning Sign:

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


Shenzhen Universe Group Co Days Sales Outstanding Historical Data

The historical data trend for Shenzhen Universe 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.

* Premium members only.

Shenzhen Universe Group Co Days Sales Outstanding Chart

Shenzhen Universe Group Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Sales Outstanding
Get a 7-Day Free Trial Premium Member Only Premium Member Only 179.94 184.35 205.16 639.15 968.98

Shenzhen Universe 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1,070.48 978.49 940.72 1,043.80 2,260.71

Competitive Comparison of Shenzhen Universe Group Co's Days Sales Outstanding

For the Real Estate - Development subindustry, Shenzhen Universe 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.


Shenzhen Universe Group Co's Days Sales Outstanding Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Shenzhen Universe Group Co's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where Shenzhen Universe Group Co's Days Sales Outstanding falls into.



Shenzhen Universe 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.

Shenzhen Universe 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
=( (501.082 + 442.197) / 2 ) / 177.66*365
=471.6395 / 177.66*365
=968.98

Shenzhen Universe 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
=( (442.197 + 407.581) / 2 ) / 17.15*365 / 4
=424.889 / 17.15*365 / 4
=2,260.71

* 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.


Shenzhen Universe Group Co  (SZSE:000023) Days Sales Outstanding Explanation

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


Shenzhen Universe Group Co Days Sales Outstanding Related Terms

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Shenzhen Universe Group Co (SZSE:000023) Business Description

Traded in Other Exchanges
N/A
Address
Langshan Road, Dongwu Commercial Building, 10F, New and High-Tech Industrial Development (North) Z, Shenzhen, Guangdong, CHN, 518057
Shenzhen Universe Group Co Ltd is mainly engaged in the development and sale of real estate. It also manufactures and sells cement and raw materials and provides logistic services.
Executives
Lin Jian Xi Supervisors
Jiang Jia Qi Executives
Yan Zhong Yu Director
Li Su Min Directors, executives
Zhao Wen Hua Director
Huo Guang Hua Supervisors
Wang Sheng Gui Supervisors

Shenzhen Universe Group Co (SZSE:000023) Headlines

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