Beijing Changjiu Logistics (SHSE:603569) Days Sales Outstanding : 126.33 (As of Mar. 2024)

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What is Beijing Changjiu Logistics Days Sales Outstanding?

Beijing Changjiu Logistics's average Accounts Receivable for the three months ended in Mar. 2024 was ¥1,250 Mil. Beijing Changjiu Logistics's Revenue for the three months ended in Mar. 2024 was ¥903 Mil. Hence, Beijing Changjiu Logistics's Days Sales Outstanding for the three months ended in Mar. 2024 was 126.33.

The historical rank and industry rank for Beijing Changjiu Logistics's Days Sales Outstanding or its related term are showing as below:

SHSE:603569' s Days Sales Outstanding Range Over the Past 10 Years
Min: 88.48 Med: 123.32 Max: 147.98
Current: 125.04

During the past 13 years, Beijing Changjiu Logistics's highest Days Sales Outstanding was 147.98. The lowest was 88.48. And the median was 123.32.

SHSE:603569's Days Sales Outstanding is ranked worse than
90.71% of 958 companies
in the Transportation industry
Industry Median: 46.05 vs SHSE:603569: 125.04

Beijing Changjiu Logistics's Days Sales Outstanding declined from Mar. 2023 (150.34) to Mar. 2024 (126.33).

Beijing Changjiu Logistics Days Sales Outstanding Historical Data

The historical data trend for Beijing Changjiu Logistics'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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Beijing Changjiu Logistics Days Sales Outstanding Chart

Beijing Changjiu Logistics Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

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147.98

137.75

117.89

138.59

134.79

Beijing Changjiu Logistics 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															150.34	126.83	123.25	123.14	126.33

Competitive Comparison of Beijing Changjiu Logistics's Days Sales Outstanding

For the Trucking subindustry, Beijing Changjiu Logistics'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.

Beijing Changjiu Logistics's Days Sales Outstanding Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Beijing Changjiu Logistics's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where Beijing Changjiu Logistics's Days Sales Outstanding falls into.

Beijing Changjiu Logistics 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.

Beijing Changjiu Logistics'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
=	( (1519.171	+	1274.827)	/	2 )	/	3783.015	*	365
=	1396.999					/	3783.015	*	365
=	134.79

Beijing Changjiu Logistics'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
=	( (1274.827	+	1224.9)	/	2 )	/	902.783	*	365 / 4
=	1249.8635					/	902.783	*	365 / 4
=	126.33

Beijing Changjiu Logistics (SHSE:603569) Days Sales Outstanding Explanation

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

Beijing Changjiu Logistics Days Sales Outstanding Related Terms

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Beijing Changjiu Logistics (SHSE:603569) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Beijing Changjiu Logistics Corp (SHSE:603569) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

N/A

Address

Dongsanhuan North Road, 7th Floor, Block B, Jiacheng Plaza, No. 18 Xiaguangli, Chaoyang District, Beijing, CHN, 101300

Website

http://www.changjiulogistics.com.cn

Beijing Changjiu Logistics Corp provides logistics, warehousing, and distribution services. It also provides automotive logistics planning, inbound logistics, outbound logistics, second-car logistics for finished-vehicles and parts to OEMs and dealers and other related services to passenger and commercial vehicles, used cars, and auto parts. Its services include vehicle, used car, parts, pre-production, after-sale, and international logistics; and warehousing.

Executives

Li Wan Jun

Supervisors

Beijing Changjiu Logistics (SHSE:603569) Headlines

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