New Dazheng Property Group Co (SZSE:002968) Days Sales Outstanding : 85.73 (As of Mar. 2024)

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What is New Dazheng Property Group Co Days Sales Outstanding?

New Dazheng Property Group Co's average Accounts Receivable for the three months ended in Mar. 2024 was ¥814 Mil. New Dazheng Property Group Co's Revenue for the three months ended in Mar. 2024 was ¥867 Mil. Hence, New Dazheng Property Group Co's Days Sales Outstanding for the three months ended in Mar. 2024 was 85.73.

The historical rank and industry rank for New Dazheng Property Group Co's Days Sales Outstanding or its related term are showing as below:

SZSE:002968' s Days Sales Outstanding Range Over the Past 10 Years
Min: 20.06 Med: 36.19 Max: 86.13
Current: 86.13

During the past 9 years, New Dazheng Property Group Co's highest Days Sales Outstanding was 86.13. The lowest was 20.06. And the median was 36.19.

SZSE:002968's Days Sales Outstanding is ranked worse than
72.06% of 1668 companies
in the Real Estate industry
Industry Median: 36.87 vs SZSE:002968: 86.13

New Dazheng Property Group Co's Days Sales Outstanding increased from Mar. 2023 (73.24) to Mar. 2024 (85.73).

New Dazheng Property Group Co Days Sales Outstanding Historical Data

The historical data trend for New Dazheng Property 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.

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New Dazheng Property Group Co Days Sales Outstanding Chart

New Dazheng Property Group Co Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

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36.19

47.34

45.79

56.36

68.32

New Dazheng Property 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															73.24	84.43	86.28	83.59	85.73

Competitive Comparison of New Dazheng Property Group Co's Days Sales Outstanding

For the Real Estate Services subindustry, New Dazheng Property 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.

New Dazheng Property Group Co's Days Sales Outstanding Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, New Dazheng Property Group Co's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where New Dazheng Property Group Co's Days Sales Outstanding falls into.

New Dazheng Property 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.

New Dazheng Property 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
=	( (481.079	+	689.502)	/	2 )	/	3126.91	*	365
=	585.2905					/	3126.91	*	365
=	68.32

New Dazheng Property 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
=	( (689.502	+	939.24)	/	2 )	/	866.795	*	365 / 4
=	814.371					/	866.795	*	365 / 4
=	85.73

New Dazheng Property Group Co (SZSE:002968) Days Sales Outstanding Explanation

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

New Dazheng Property Group Co Days Sales Outstanding Related Terms

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New Dazheng Property Group Co (SZSE:002968) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » New Dazheng Property Group Co Ltd (SZSE:002968) » Definitions » Days Sales Outstanding

Traded in Other Exchanges

N/A

Address

19th floor, No. 9 Shangqingsi Road, Yuzhong District, Chongqing, CHN

Website

https://www.dzwy.com

Chongqing new dazheng property group Co Ltd is engaged in management and operation of public buildings and facilities in China. Its portfolio includes public parks, medical care, parks, stadiums, subways, airports, government agencies, office buildings, schools, residences, shopping malls, among others.

Executives

Gao Wen Tian	Executives
Liu Wen Bo	Directors, executives
Weng Jia Lin	Secretary Dong
Tian Wei Zheng	Executives
Yang Tan	Executives
Xiong Shu Ying	Director
Ke Xian Yang	Executives
Wang Ping	Executives
He Xiao Mei	Executives
Kuang Chuan	Executives

New Dazheng Property Group Co (SZSE:002968) Headlines

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