China Merchants Energy Shipping Co (SHSE:601872) Days Sales Outstanding : 19.71 (As of Mar. 2024)

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What is China Merchants Energy Shipping Co Days Sales Outstanding?

China Merchants Energy Shipping Co's average Accounts Receivable for the three months ended in Mar. 2024 was ¥1,351 Mil. China Merchants Energy Shipping Co's Revenue for the three months ended in Mar. 2024 was ¥6,254 Mil. Hence, China Merchants Energy Shipping Co's Days Sales Outstanding for the three months ended in Mar. 2024 was 19.71.

The historical rank and industry rank for China Merchants Energy Shipping Co's Days Sales Outstanding or its related term are showing as below:

SHSE:601872' s Days Sales Outstanding Range Over the Past 10 Years
Min: 14.44 Med: 37.31 Max: 61.08
Current: 22.02

During the past 13 years, China Merchants Energy Shipping Co's highest Days Sales Outstanding was 61.08. The lowest was 14.44. And the median was 37.31.

SHSE:601872's Days Sales Outstanding is ranked better than
84.28% of 935 companies
in the Oil & Gas industry
Industry Median: 49.24 vs SHSE:601872: 22.02

China Merchants Energy Shipping Co's Days Sales Outstanding declined from Mar. 2023 (23.52) to Mar. 2024 (19.71).

China Merchants Energy Shipping Co Days Sales Outstanding Historical Data

The historical data trend for China Merchants Energy Shipping 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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China Merchants Energy Shipping Co Days Sales Outstanding Chart

China Merchants Energy Shipping Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

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34.17

22.85

18.22

14.44

16.49

China Merchants Energy Shipping 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															23.52	22.58	25.46	19.01	19.71

Competitive Comparison of China Merchants Energy Shipping Co's Days Sales Outstanding

For the Oil & Gas Midstream subindustry, China Merchants Energy Shipping 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.

China Merchants Energy Shipping Co's Days Sales Outstanding Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, China Merchants Energy Shipping Co's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where China Merchants Energy Shipping Co's Days Sales Outstanding falls into.

China Merchants Energy Shipping 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.

China Merchants Energy Shipping 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
=	( (1181.206	+	1156.821)	/	2 )	/	25881.013	*	365
=	1169.0135					/	25881.013	*	365
=	16.49

China Merchants Energy Shipping 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
=	( (1156.821	+	1544.464)	/	2 )	/	6253.797	*	365 / 4
=	1350.6425					/	6253.797	*	365 / 4
=	19.71

China Merchants Energy Shipping Co (SHSE:601872) Days Sales Outstanding Explanation

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

China Merchants Energy Shipping Co Days Sales Outstanding Related Terms

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China Merchants Energy Shipping Co (SHSE:601872) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » China Merchants Energy Shipping Co Ltd (SHSE:601872) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 9 Zhongshan East 1st Road, Shanghai, Shanghai, CHN, 200002

Website

http://www.cmenergyshipping.com

China Merchants Energy Shipping Co Ltd is a China-based company engages in the tanker transportation, bulk cargo vessel transportation and liquid natural gas (LNG) vessel transportation. It provides a full range of energy transportation services running a large diversity of vessels, including crude oil tankers, dry bulk carriers, and LNG carriers. It provides services to the customers from China, Japan, Korea, Southeast Asia and the United States and other countries.

Executives

Hu Bin	senior management
Deng Wei Dong	Director
Wang Yong Xin	Directors, senior managers
Xu Hui	senior management
Kong Kang	senior management
Yan Wu Shan	senior management
Su Xin Gang	Director
Ding Lei	senior management
Xie Chun Lin	Director
Song De Xing	Director
Lv Sheng Zhou	Director

China Merchants Energy Shipping Co (SHSE:601872) Headlines

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