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China Petroleum & Chemical Corp (NYSE:SNP)
Days Sales Outstanding
8.51 (As of Dec. 2014)

China Petroleum & Chemical Corp's account receivable for the six months ended in Dec. 2014 was $10,646 Mil. China Petroleum & Chemical Corp's revenue for the six months ended in Dec. 2014 was $456,632 Mil. Hence, China Petroleum & Chemical Corp's days sales outstanding for the six months ended in Dec. 2014 was 4.25.

SNP' s Days Sales Outstanding Range Over the Past 10 Years
Min: 3.17   Max: 10.66
Current: 8.51

3.17
10.66

During the past 13 years, China Petroleum & Chemical Corp's highest Days Sales Outstanding was 10.66. The lowest was 3.17. And the median was 7.72.

SNP's Days Sales Outstanding is ranked higher than
88% of the 57 Companies
in the Global Oil & Gas Integrated industry.

( Industry Median: 34.39 vs. SNP: 8.51 )

China Petroleum & Chemical Corp's days sales outstanding declined from Dec. 2012 (10.66) to Dec. 2014 (8.51).


Definition

Days sales outstanding measures of 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 receivables are being managed.

Account receivable can be measured by Days Sales Outstanding.

China Petroleum & Chemical Corp's Days Sales Outstanding for the fiscal year that ended in Dec. 2014 is calculated as

Days Sales Outstanding=Account Receivable/Revenue*Days in Period
=10645.8649775/456632.194681*365
=8.51

China Petroleum & Chemical Corp's Days Sales Outstanding for the quarter that ended in Dec. 2014 is calculated as:

Days Sales Outstanding=Account Receivable/Revenue*Days in Period
=10645.8649775/456632.194681*365 / 2
=4.25

* All numbers are in millions except for per share data and ratio. All numbers are in their own currency.


Explanation

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


Related Terms

Account Receivable, Revenue


Historical Data

* All numbers are in millions except for per share data and ratio. All numbers are in their own currency.

China Petroleum & Chemical Corp Annual Data

Dec05Dec06Dec07Dec08Dec09Dec10Dec11Dec12Dec13Dec14
DaysSalesOutstanding 9.675.206.953.177.228.228.5510.666.428.51

China Petroleum & Chemical Corp Semi-Annual Data

Dec05Dec06Dec07Dec08Dec09Dec10Dec11Dec12Dec13Dec14
DaysSalesOutstanding 9.675.206.953.177.228.228.5510.666.428.51
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