Shenzhen Investment (Shenzhen Investment) Days Sales Outstanding : 123.82 (As of Dec. 2023)

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What is Shenzhen Investment Days Sales Outstanding?

Shenzhen Investment's average Accounts Receivable for the six months ended in Dec. 2023 was $849 Mil. Shenzhen Investment's Revenue for the six months ended in Dec. 2023 was $1,252 Mil. Hence, Shenzhen Investment's Days Sales Outstanding for the six months ended in Dec. 2023 was 123.82.

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

SZNTF' s Days Sales Outstanding Range Over the Past 10 Years
Min: 7.27 Med: 13.3 Max: 213.24
Current: 154.47

During the past 13 years, Shenzhen Investment's highest Days Sales Outstanding was 213.24. The lowest was 7.27. And the median was 13.30.

SZNTF's Days Sales Outstanding is ranked worse than
84.05% of 1668 companies
in the Real Estate industry
Industry Median: 36.87 vs SZNTF: 154.47

Shenzhen Investment's Days Sales Outstanding increased from Dec. 2022 (43.55) to Dec. 2023 (123.82).

Warning Sign:

If a company's sales outstanding increases, it means it has difficulty collecting payments from its customers.

Shenzhen Investment Days Sales Outstanding Historical Data

The historical data trend for Shenzhen Investment'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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Shenzhen Investment Days Sales Outstanding Chart

Shenzhen Investment Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

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14.32

14.22

10.46

45.07

213.48

Shenzhen Investment Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Days Sales Outstanding	Get a 7-Day Free Trial															13.82	10.43	43.55	127.69	123.82

Competitive Comparison of Shenzhen Investment's Days Sales Outstanding

For the Real Estate - Development subindustry, Shenzhen Investment'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.

Shenzhen Investment's Days Sales Outstanding Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Shenzhen Investment's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where Shenzhen Investment's Days Sales Outstanding falls into.

Shenzhen Investment 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.

Shenzhen Investment'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
=	( (877.704	+	1493.685)	/	2 )	/	2027.214	*	365
=	1185.6945					/	2027.214	*	365
=	213.48

Shenzhen Investment's Days Sales Outstanding for the quarter that ended in Dec. 2023 is calculated as:

	Days Sales Outstanding (Q: Dec. 2023 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Jun. 2023 )	+	Accounts Receivable (A: Dec. 2023 ))	/	count )	/	Revenue (A: Dec. 2023 )	*	Days in Period
=	( (204.512	+	1493.685)	/	2 )	/	1251.536	*	365 / 2
=	849.0985					/	1251.536	*	365 / 2
=	123.82

Shenzhen Investment (OTCPK:SZNTF) Days Sales Outstanding Explanation

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

Shenzhen Investment Days Sales Outstanding Related Terms

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Shenzhen Investment (Shenzhen Investment) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Shenzhen Investment Ltd (OTCPK:SZNTF) » Definitions » Days Sales Outstanding

Traded in Other Exchanges

00604:Hong Kong

Address

9 Science Museum Road, 8th Floor, New East Ocean Centre, Tsim Sha Tsui, Kowloon, Hong Kong, HKG

Website

http://www.shenzheninvestment.com

Shenzhen Investment Ltd is a general real estate company. The company reports five core segments: property development, property investment, property management, manufacture, and others. The company generates the vast majority of its revenue from its property development operations, followed by property management. The property development segment develops residential, industrial, and commercial properties. The company generates its revenue in mainland China.

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