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Zhongxing Shenyang Commercial Building Group Co (SZSE:000715) Days Sales Outstanding : 0.55 (As of Mar. 2024)


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What is Zhongxing Shenyang Commercial Building Group Co Days Sales Outstanding?

Zhongxing Shenyang Commercial Building Group Co's average Accounts Receivable for the three months ended in Mar. 2024 was ¥1.3 Mil. Zhongxing Shenyang Commercial Building Group Co's Revenue for the three months ended in Mar. 2024 was ¥213.4 Mil. Hence, Zhongxing Shenyang Commercial Building Group Co's Days Sales Outstanding for the three months ended in Mar. 2024 was 0.55.

The historical rank and industry rank for Zhongxing Shenyang Commercial Building Group Co's Days Sales Outstanding or its related term are showing as below:

SZSE:000715' s Days Sales Outstanding Range Over the Past 10 Years
Min: 0.02   Med: 0.15   Max: 0.96
Current: 0.59

During the past 13 years, Zhongxing Shenyang Commercial Building Group Co's highest Days Sales Outstanding was 0.96. The lowest was 0.02. And the median was 0.15.

SZSE:000715's Days Sales Outstanding is ranked better than
98.15% of 1081 companies
in the Retail - Cyclical industry
Industry Median: 17.86 vs SZSE:000715: 0.59

Zhongxing Shenyang Commercial Building Group Co's Days Sales Outstanding declined from Mar. 2023 (1.00) to Mar. 2024 (0.55).


Zhongxing Shenyang Commercial Building Group Co Days Sales Outstanding Historical Data

The historical data trend for Zhongxing Shenyang Commercial Building 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.

Zhongxing Shenyang Commercial Building Group Co Days Sales Outstanding Chart

Zhongxing Shenyang Commercial Building 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 0.11 0.67 0.58 0.96 0.86

Zhongxing Shenyang Commercial Building 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 1.00 0.72 0.46 0.37 0.55

Competitive Comparison of Zhongxing Shenyang Commercial Building Group Co's Days Sales Outstanding

For the Department Stores subindustry, Zhongxing Shenyang Commercial Building 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.


Zhongxing Shenyang Commercial Building Group Co's Days Sales Outstanding Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Zhongxing Shenyang Commercial Building Group Co's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where Zhongxing Shenyang Commercial Building Group Co's Days Sales Outstanding falls into.



Zhongxing Shenyang Commercial Building 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.

Zhongxing Shenyang Commercial Building 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
=( (2.976 + 0.843) / 2 ) / 809.947*365
=1.9095 / 809.947*365
=0.86

Zhongxing Shenyang Commercial Building 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
=( (0.843 + 1.728) / 2 ) / 213.418*365 / 4
=1.2855 / 213.418*365 / 4
=0.55

* 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.


Zhongxing Shenyang Commercial Building Group Co  (SZSE:000715) Days Sales Outstanding Explanation

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


Zhongxing Shenyang Commercial Building Group Co Days Sales Outstanding Related Terms

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Zhongxing Shenyang Commercial Building Group Co (SZSE:000715) Business Description

Traded in Other Exchanges
N/A
Address
No. 86 Taiyuan North Street, Heping District, Shenyang, Liaoning, CHN, 110001
Zhongxing Shenyang Commercial Building Group Co Ltd is a modern, multi-functional, one-stop large department store. Geographically, it operates through the Northeast, China. It specializes in leisure and fitness, catering and entertainment industries.
Executives
Li Si Wen Executives
Cao Qing Supervisors
Chi Hai Lin Supervisors
Ma Chun Guang Supervisors

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