Guangdong Electric Power Development Co (SZSE:000539) Days Sales Outstanding : 61.80 (As of Mar. 2024)

View and export this data going back to 1993. Start your Free Trial

What is Guangdong Electric Power Development Co Days Sales Outstanding?

Guangdong Electric Power Development Co's average Accounts Receivable for the three months ended in Mar. 2024 was ¥8,661 Mil. Guangdong Electric Power Development Co's Revenue for the three months ended in Mar. 2024 was ¥12,789 Mil. Hence, Guangdong Electric Power Development Co's Days Sales Outstanding for the three months ended in Mar. 2024 was 61.80.

The historical rank and industry rank for Guangdong Electric Power Development Co's Days Sales Outstanding or its related term are showing as below:

SZSE:000539' s Days Sales Outstanding Range Over the Past 10 Years
Min: 35.94 Med: 41.76 Max: 54.3
Current: 54.3

During the past 13 years, Guangdong Electric Power Development Co's highest Days Sales Outstanding was 54.30. The lowest was 35.94. And the median was 41.76.

SZSE:000539's Days Sales Outstanding is ranked better than
60.54% of 408 companies
in the Utilities - Independent Power Producers industry
Industry Median: 66.38 vs SZSE:000539: 54.30

Guangdong Electric Power Development Co's Days Sales Outstanding increased from Mar. 2023 (58.13) to Mar. 2024 (61.80).

Guangdong Electric Power Development Co Days Sales Outstanding Historical Data

The historical data trend for Guangdong Electric Power Development 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.

* Premium members only.

Guangdong Electric Power Development Co Days Sales Outstanding Chart

Guangdong Electric Power Development Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

Get a 7-Day Free Trial

40.73

46.06

50.56

50.63

50.56

Guangdong Electric Power Development 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															58.13	55.49	48.40	54.19	61.80

Competitive Comparison of Guangdong Electric Power Development Co's Days Sales Outstanding

For the Utilities - Renewable subindustry, Guangdong Electric Power Development 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.

Guangdong Electric Power Development Co's Days Sales Outstanding Distribution in the Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, Guangdong Electric Power Development Co's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where Guangdong Electric Power Development Co's Days Sales Outstanding falls into.

Guangdong Electric Power Development 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.

Guangdong Electric Power Development 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
=	( (7578.636	+	8963.636)	/	2 )	/	59708.398	*	365
=	8271.136					/	59708.398	*	365
=	50.56

Guangdong Electric Power Development 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
=	( (8963.636	+	8359.315)	/	2 )	/	12789.41	*	365 / 4
=	8661.4755					/	12789.41	*	365 / 4
=	61.80

Guangdong Electric Power Development Co (SZSE:000539) Days Sales Outstanding Explanation

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

Guangdong Electric Power Development Co Days Sales Outstanding Related Terms

Thank you for viewing the detailed overview of Guangdong Electric Power Development Co's Days Sales Outstanding provided by GuruFocus.com. Please click on the following links to see related term pages.

Guangdong Electric Power Development Co (SZSE:000539) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Independent Power Producers » Guangdong Electric Power Development Co Ltd (SZSE:000539) » Definitions » Days Sales Outstanding

Traded in Other Exchanges

200539:China

Address

No. 2 Tianhe Road East, 33rd-36th Floor, South Tower, Yudean Plaza, Guangdong Province, Guangzhou, CHN, 510630

Website

http://www.ged.com.cn

Guangdong Electric Power Development Co Ltd is a Chinese company which is engaged in the business of investment, construction, and management of electric power projects. It is also involved in the clean energy projects like LNG power generation, wind power generation and hydropower generation. The company focuses on coal-burning power generation through the development, construction, and operation of the large-scale coal-burning power generating plants. It earns its revenue primarily from power production and sales. Most of its revenue is generated from Guangdong Province, China.

Guangdong Electric Power Development Co (SZSE:000539) Headlines

No Headlines