Lisheng Sports (Shanghai) Co (SZSE:002858) Days Sales Outstanding : 89.25 (As of Mar. 2024)

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What is Lisheng Sports (Shanghai) Co Days Sales Outstanding?

Lisheng Sports (Shanghai) Co's average Accounts Receivable for the three months ended in Mar. 2024 was ¥102.6 Mil. Lisheng Sports (Shanghai) Co's Revenue for the three months ended in Mar. 2024 was ¥104.9 Mil. Hence, Lisheng Sports (Shanghai) Co's Days Sales Outstanding for the three months ended in Mar. 2024 was 89.25.

The historical rank and industry rank for Lisheng Sports (Shanghai) Co's Days Sales Outstanding or its related term are showing as below:

SZSE:002858' s Days Sales Outstanding Range Over the Past 10 Years
Min: 80.72 Med: 118.56 Max: 278.63
Current: 80.72

During the past 13 years, Lisheng Sports (Shanghai) Co's highest Days Sales Outstanding was 278.63. The lowest was 80.72. And the median was 118.56.

SZSE:002858's Days Sales Outstanding is ranked worse than
60.47% of 1027 companies
in the Media - Diversified industry
Industry Median: 68.13 vs SZSE:002858: 80.72

Lisheng Sports (Shanghai) Co's Days Sales Outstanding increased from Mar. 2023 (74.80) to Mar. 2024 (89.25).

Lisheng Sports (Shanghai) Co Days Sales Outstanding Historical Data

The historical data trend for Lisheng Sports (Shanghai) 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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Lisheng Sports (Shanghai) Co Days Sales Outstanding Chart

Lisheng Sports (Shanghai) Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

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160.53

278.63

113.31

114.80

93.13

Lisheng Sports (Shanghai) 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															74.80	76.10	92.89	80.37	89.25

Competitive Comparison of Lisheng Sports (Shanghai) Co's Days Sales Outstanding

For the Entertainment subindustry, Lisheng Sports (Shanghai) 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.

Lisheng Sports (Shanghai) Co's Days Sales Outstanding Distribution in the Media - Diversified Industry

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

* The bar in red indicates where Lisheng Sports (Shanghai) Co's Days Sales Outstanding falls into.

Lisheng Sports (Shanghai) 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.

Lisheng Sports (Shanghai) 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
=	( (86.616	+	120.148)	/	2 )	/	405.166	*	365
=	103.382					/	405.166	*	365
=	93.13

Lisheng Sports (Shanghai) 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
=	( (120.148	+	85.005)	/	2 )	/	104.876	*	365 / 4
=	102.5765					/	104.876	*	365 / 4
=	89.25

Lisheng Sports (Shanghai) Co (SZSE:002858) Days Sales Outstanding Explanation

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

Lisheng Sports (Shanghai) Co Days Sales Outstanding Related Terms

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Lisheng Sports (Shanghai) Co (SZSE:002858) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » Lisheng Sports (Shanghai) Co Ltd (SZSE:002858) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 3000 Shenzhuan Road, Sheshan Town, Songjiang District, Shanghai, CHN, 200335

Website

http://www.lsracing.cn

Lisheng Sports (Shanghai) Co Ltd operates as car sports and racing culture media company. Its business activities include planning, organizing, and operation of events; operation of various types of motorsports venues; racing team; racing training center; and provides customers with marketing strategies and solutions.

Executives

Lin Chao Yang	Director
Xia Qing	Director
Cao Chuan De	Director
Chen Ping	Executives
Gong Lei	Director

Lisheng Sports (Shanghai) Co (SZSE:002858) Headlines

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