CECEP Solar Energy Co (SZSE:000591) Days Sales Outstanding : 754.47 (As of Mar. 2024)

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What is CECEP Solar Energy Co Days Sales Outstanding?

CECEP Solar Energy Co's average Accounts Receivable for the three months ended in Mar. 2024 was ¥11,662 Mil. CECEP Solar Energy Co's Revenue for the three months ended in Mar. 2024 was ¥1,411 Mil. Hence, CECEP Solar Energy Co's Days Sales Outstanding for the three months ended in Mar. 2024 was 754.47.

The historical rank and industry rank for CECEP Solar Energy Co's Days Sales Outstanding or its related term are showing as below:

SZSE:000591' s Days Sales Outstanding Range Over the Past 10 Years
Min: 128.79 Med: 389.09 Max: 534.41
Current: 438.58

During the past 13 years, CECEP Solar Energy Co's highest Days Sales Outstanding was 534.41. The lowest was 128.79. And the median was 389.09.

SZSE:000591's Days Sales Outstanding is ranked worse than
92.89% of 408 companies
in the Utilities - Independent Power Producers industry
Industry Median: 66.365 vs SZSE:000591: 438.58

CECEP Solar Energy Co's Days Sales Outstanding increased from Mar. 2023 (534.68) to Mar. 2024 (754.47).

CECEP Solar Energy Co Days Sales Outstanding Historical Data

The historical data trend for CECEP Solar Energy 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.

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CECEP Solar Energy Co Days Sales Outstanding Chart

CECEP Solar Energy Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

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477.08

534.41

476.06

396.51

414.41

CECEP Solar Energy 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															534.68	406.63	422.93	338.85	754.47

Competitive Comparison of CECEP Solar Energy Co's Days Sales Outstanding

For the Utilities - Renewable subindustry, CECEP Solar Energy 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.

CECEP Solar Energy Co's Days Sales Outstanding Distribution in the Utilities - Independent Power Producers Industry

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

* The bar in red indicates where CECEP Solar Energy Co's Days Sales Outstanding falls into.

CECEP Solar Energy 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.

CECEP Solar Energy 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
=	( (10158.091	+	11505.809)	/	2 )	/	9540.404	*	365
=	10831.95					/	9540.404	*	365
=	414.41

CECEP Solar Energy 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
=	( (11505.809	+	11818.809)	/	2 )	/	1410.503	*	365 / 4
=	11662.309					/	1410.503	*	365 / 4
=	754.47

CECEP Solar Energy Co (SZSE:000591) Days Sales Outstanding Explanation

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

CECEP Solar Energy Co Days Sales Outstanding Related Terms

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CECEP Solar Energy Co (SZSE:000591) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Independent Power Producers » CECEP Solar Energy Co Ltd (SZSE:000591) » Definitions » Days Sales Outstanding

Traded in Other Exchanges

N/A

Address

No.131 Zhongshan Third Road, 19th Floor, Hilton Business Center, Yuzhong District, Chongqing, CHN, 100082

Website

http://www.tynen.cecep.cn

CECEP Solar Energy Co Ltd is a solar energy investment operator in China. It is engaged in the production and sales of solar cell and module.

Executives

Ai Wei	Director
Peng Qi Yuan	Director
Hu Xiao Hua	Executives
Song Wei	Directors, executives
Wang Zu Yue	Executives
Liu Ya	Supervisors
Lei Rong	Director

CECEP Solar Energy Co (SZSE:000591) Headlines

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