Huawen Media Group (SZSE:000793) Days Sales Outstanding : 283.02 (As of Mar. 2024)

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What is Huawen Media Group Days Sales Outstanding?

Huawen Media Group's average Accounts Receivable for the three months ended in Mar. 2024 was ¥272.1 Mil. Huawen Media Group's Revenue for the three months ended in Mar. 2024 was ¥87.7 Mil. Hence, Huawen Media Group's Days Sales Outstanding for the three months ended in Mar. 2024 was 283.02.

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

SZSE:000793' s Days Sales Outstanding Range Over the Past 10 Years
Min: 43.22 Med: 105.67 Max: 237.47
Current: 206.98

During the past 13 years, Huawen Media Group's highest Days Sales Outstanding was 237.47. The lowest was 43.22. And the median was 105.67.

SZSE:000793's Days Sales Outstanding is ranked worse than
89.48% of 1027 companies
in the Media - Diversified industry
Industry Median: 67.88 vs SZSE:000793: 206.98

Huawen Media Group's Days Sales Outstanding increased from Mar. 2023 (236.41) to Mar. 2024 (283.02).

Huawen Media Group Days Sales Outstanding Historical Data

The historical data trend for Huawen Media Group'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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Huawen Media Group Days Sales Outstanding Chart

Huawen Media Group Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

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117.76

109.82

203.99

237.47

190.69

Huawen Media Group 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															236.41	168.35	209.30	215.62	283.02

Competitive Comparison of Huawen Media Group's Days Sales Outstanding

For the Entertainment subindustry, Huawen Media Group'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.

Huawen Media Group's Days Sales Outstanding Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Huawen Media Group's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where Huawen Media Group's Days Sales Outstanding falls into.

Huawen Media Group 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.

Huawen Media Group'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
=	( (317.848	+	274.194)	/	2 )	/	566.616	*	365
=	296.021					/	566.616	*	365
=	190.69

Huawen Media Group'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
=	( (274.194	+	269.947)	/	2 )	/	87.719	*	365 / 4
=	272.0705					/	87.719	*	365 / 4
=	283.02

Huawen Media Group (SZSE:000793) Days Sales Outstanding Explanation

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

Huawen Media Group Days Sales Outstanding Related Terms

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Huawen Media Group (SZSE:000793) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » Huawen Media Group (SZSE:000793) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

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Address

Haidian, 4th East Road, Minsheng Building, Hainan Province, Haikou, CHN, 570208

Website

http://www.000793.com

Huawen Media Group operates in the media industry. Its business activities include financial media platforms, regional information media and related extension services, advertising consisting of radio advertising and building media.

Executives

Zhu Jin Ling	Director
Guo Quan Zhong	Independent director
Zhao Yong Tao	Supervisors
Yang Li	Director
Yin Bo Cheng	Director

Huawen Media Group (SZSE:000793) Headlines

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