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Zhongshan Public Utilities Group Co (SZSE:000685) Days Sales Outstanding : 125.29 (As of Mar. 2024)


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What is Zhongshan Public Utilities Group Co Days Sales Outstanding?

Zhongshan Public Utilities Group Co's average Accounts Receivable for the three months ended in Mar. 2024 was ¥1,230 Mil. Zhongshan Public Utilities Group Co's Revenue for the three months ended in Mar. 2024 was ¥896 Mil. Hence, Zhongshan Public Utilities Group Co's Days Sales Outstanding for the three months ended in Mar. 2024 was 125.29.

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

SZSE:000685' s Days Sales Outstanding Range Over the Past 10 Years
Min: 17.28   Med: 68.11   Max: 93.53
Current: 77.35

During the past 13 years, Zhongshan Public Utilities Group Co's highest Days Sales Outstanding was 93.53. The lowest was 17.28. And the median was 68.11.

SZSE:000685's Days Sales Outstanding is ranked worse than
71.68% of 505 companies
in the Utilities - Regulated industry
Industry Median: 53.42 vs SZSE:000685: 77.35

Zhongshan Public Utilities Group Co's Days Sales Outstanding increased from Mar. 2023 (88.87) to Mar. 2024 (125.29).


Zhongshan Public Utilities Group Co Days Sales Outstanding Historical Data

The historical data trend for Zhongshan Public Utilities 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.

Zhongshan Public Utilities Group Co Days Sales Outstanding Chart

Zhongshan Public Utilities 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 47.64 72.26 79.57 67.43 68.78

Zhongshan Public Utilities 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 88.87 89.48 82.07 49.10 125.29

Competitive Comparison of Zhongshan Public Utilities Group Co's Days Sales Outstanding

For the Utilities - Regulated Water subindustry, Zhongshan Public Utilities 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.


Zhongshan Public Utilities Group Co's Days Sales Outstanding Distribution in the Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, Zhongshan Public Utilities Group Co's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where Zhongshan Public Utilities Group Co's Days Sales Outstanding falls into.



Zhongshan Public Utilities 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.

Zhongshan Public Utilities 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
=( (813.128 + 1146.143) / 2 ) / 5198.991*365
=979.6355 / 5198.991*365
=68.78

Zhongshan Public Utilities 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
=( (1146.143 + 1313.876) / 2 ) / 895.851*365 / 4
=1230.0095 / 895.851*365 / 4
=125.29

* 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.


Zhongshan Public Utilities Group Co  (SZSE:000685) Days Sales Outstanding Explanation

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


Zhongshan Public Utilities Group Co Days Sales Outstanding Related Terms

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Zhongshan Public Utilities Group Co (SZSE:000685) Business Description

Traded in Other Exchanges
N/A
Address
18 Xingzhong Road, North Block, Caixing Building, Zhongshan, Guangdong, CHN, 528403
Zhongshan Public Utilities Group Co Ltd is engaged in providing integrated environmental protection services for urban water supply and wastewater treatment. The company also deals in agricultural products, financial products, transport services, construction of municipal utilities, and solid waste treatment.

Zhongshan Public Utilities Group Co (SZSE:000685) Headlines

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