Ciwen Media Co (SZSE:002343) Days Sales Outstanding : 4,176.35 (As of Mar. 2024)

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What is Ciwen Media Co Days Sales Outstanding?

Ciwen Media Co's average Accounts Receivable for the three months ended in Mar. 2024 was ¥185.2 Mil. Ciwen Media Co's Revenue for the three months ended in Mar. 2024 was ¥4.0 Mil. Hence, Ciwen Media Co's Days Sales Outstanding for the three months ended in Mar. 2024 was 4,176.35.

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

SZSE:002343' s Days Sales Outstanding Range Over the Past 10 Years
Min: 147.25 Med: 266.72 Max: 344.06
Current: 336.05

During the past 13 years, Ciwen Media Co's highest Days Sales Outstanding was 344.06. The lowest was 147.25. And the median was 266.72.

SZSE:002343's Days Sales Outstanding is ranked worse than
94.84% of 1027 companies
in the Media - Diversified industry
Industry Median: 68.13 vs SZSE:002343: 336.05

Ciwen Media Co's Days Sales Outstanding increased from Mar. 2023 (80.63) to Mar. 2024 (4,176.35).

Ciwen Media Co Days Sales Outstanding Historical Data

The historical data trend for Ciwen Media 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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Ciwen Media Co Days Sales Outstanding Chart

Ciwen Media Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

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261.37

272.06

344.06

157.83

147.25

Ciwen Media 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															80.63	104.47	6,754.72	1,027.76	4,176.35

Competitive Comparison of Ciwen Media Co's Days Sales Outstanding

For the Entertainment subindustry, Ciwen Media 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.

Ciwen Media Co's Days Sales Outstanding Distribution in the Media - Diversified Industry

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

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

Ciwen Media 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.

Ciwen Media 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
=	( (171.533	+	200.58)	/	2 )	/	461.189	*	365
=	186.0565					/	461.189	*	365
=	147.25

Ciwen Media 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
=	( (200.58	+	169.868)	/	2 )	/	4.047	*	365 / 4
=	185.224					/	4.047	*	365 / 4
=	4,176.35

Ciwen Media Co (SZSE:002343) Days Sales Outstanding Explanation

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

Ciwen Media Co Days Sales Outstanding Related Terms

Thank you for viewing the detailed overview of Ciwen Media Co's Days Sales Outstanding provided by GuruFocus.com. Please click on the following links to see related term pages.

Ciwen Media Co (SZSE:002343) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » Ciwen Media Co Ltd (SZSE:002343) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

N/A

Address

Hexin Industrial Park, Dongfang Road, Jiaxing, Zhejiang, CHN

Website

http://www.ciwen.tv

Ciwen Media Co Ltd is a China-based company engaged in the investment, manufacture, and publication of movie and television plays. It is also engaged in the research, development, and promotion of games, artist brokerage business and the provision of information technology. The company distributes its products within domestic market and to overseas markets.

Executives

Chen Mian Hua	Executives
Chen Ming You	Directors, executives
Ma Zhong Jun	Directors, executives
Wei Li Li	Directors, executives
Lu De Min	Executives
Yuan Xiang Yang	Executives
Li Hua	Executives
Zhu Shan Zhong	Director
Pang Jian	Director
Gu Jian Hui	Directors, executives
Chen Yun Biao	Supervisors
Lv Zhi Wei	Supervisors
Yao Xin	Executives
Zhang Yan Hui	Director, Director, Representative of Securities A
Kong Zhong Ping	Executives

Ciwen Media Co (SZSE:002343) Headlines

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