Switch to:
GuruFocus has detected 4 Warning Signs with China Petroleum & Chemical Corp $SNP.
More than 500,000 people have already joined GuruFocus to track the stocks they follow and exchange investment ideas.
China Petroleum & Chemical Corp (NYSE:SNP)
Days Sales Outstanding
6.44 (As of Dec. 2016)

China Petroleum & Chemical Corp's account receivable for the three months ended in Dec. 2016 was $5,780 Mil. China Petroleum & Chemical Corp's revenue for the three months ended in Dec. 2016 was $81,934 Mil. Hence, China Petroleum & Chemical Corp's days sales outstanding for the three months ended in Dec. 2016 was 6.44.

SNP' s Days Sales Outstanding Range Over the Past 10 Years
Min: 3.17   Max: 10.66
Current: 7.56

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 7.39.

SNP's Days Sales Outstanding is ranked higher than
95% of the 59 Companies
in the Global Oil & Gas Integrated industry.

( Industry Median: 39.27 vs. SNP: 7.56 )

China Petroleum & Chemical Corp's days sales outstanding declined from Dec. 2015 (6.48) to Dec. 2016 (6.44).


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. 2016 is calculated as

Days Sales Outstanding=Account Receivable/Revenue*Days in Period
=5779.6468106/279041.446285*365
=7.56

China Petroleum & Chemical Corp's Days Sales Outstanding for the quarter that ended in Dec. 2016 is calculated as:

Days Sales Outstanding=Account Receivable/Revenue*Days in Period
=5779.6468106/81933.8709211*365 / 4
=6.44

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's 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 local exchange's currency.

China Petroleum & Chemical Corp Annual Data

Dec07Dec08Dec09Dec10Dec11Dec12Dec13Dec14Dec15Dec16
DaysSalesOutstanding 6.953.177.228.228.5510.666.428.446.197.56

China Petroleum & Chemical Corp Quarterly Data

Sep14Dec14Mar15Jun15Sep15Dec15Mar16Jun16Sep16Dec16
DaysSalesOutstanding 11.248.3812.1111.7911.426.488.819.3910.976.44
Get WordPress Plugins for easy affiliate links on Stock Tickers and Guru Names | Earn affiliate commissions by embedding GuruFocus Charts
GuruFocus Affiliate Program: Earn up to $400 per referral. ( Learn More)
FEEDBACK