Shenzhen New Land Tool Planning and Architectural Design Co (SZSE:300778) Days Sales Outstanding : 361.13 (As of Mar. 2024)

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What is Shenzhen New Land Tool Planning and Architectural Design Co Days Sales Outstanding?

Shenzhen New Land Tool Planning and Architectural Design Co's average Accounts Receivable for the three months ended in Mar. 2024 was ¥234.3 Mil. Shenzhen New Land Tool Planning and Architectural Design Co's Revenue for the three months ended in Mar. 2024 was ¥59.2 Mil. Hence, Shenzhen New Land Tool Planning and Architectural Design Co's Days Sales Outstanding for the three months ended in Mar. 2024 was 361.13.

The historical rank and industry rank for Shenzhen New Land Tool Planning and Architectural Design Co's Days Sales Outstanding or its related term are showing as below:

SZSE:300778' s Days Sales Outstanding Range Over the Past 10 Years
Min: 118.39 Med: 138.08 Max: 337.31
Current: 337.31

During the past 10 years, Shenzhen New Land Tool Planning and Architectural Design Co's highest Days Sales Outstanding was 337.31. The lowest was 118.39. And the median was 138.08.

SZSE:300778's Days Sales Outstanding is ranked worse than
94.23% of 1646 companies
in the Construction industry
Industry Median: 72.21 vs SZSE:300778: 337.31

Shenzhen New Land Tool Planning and Architectural Design Co's Days Sales Outstanding declined from Mar. 2023 (405.06) to Mar. 2024 (361.13).

Warning Sign:

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

Shenzhen New Land Tool Planning and Architectural Design Co Days Sales Outstanding Historical Data

The historical data trend for Shenzhen New Land Tool Planning and Architectural Design 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.

Shenzhen New Land Tool Planning and Architectural Design Co Days Sales Outstanding Chart

Shenzhen New Land Tool Planning and Architectural Design Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

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133.98

128.27

156.11

174.60

306.42

Shenzhen New Land Tool Planning and Architectural Design 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															405.06	207.38	342.68	922.79	361.13

Competitive Comparison of Shenzhen New Land Tool Planning and Architectural Design Co's Days Sales Outstanding

For the Engineering & Construction subindustry, Shenzhen New Land Tool Planning and Architectural Design 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.

Shenzhen New Land Tool Planning and Architectural Design Co's Days Sales Outstanding Distribution in the Construction Industry

For the Construction industry and Industrials sector, Shenzhen New Land Tool Planning and Architectural Design Co's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where Shenzhen New Land Tool Planning and Architectural Design Co's Days Sales Outstanding falls into.

Shenzhen New Land Tool Planning and Architectural Design 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.

Shenzhen New Land Tool Planning and Architectural Design 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
=	( (256.09	+	234.682)	/	2 )	/	292.299	*	365
=	245.386					/	292.299	*	365
=	306.42

Shenzhen New Land Tool Planning and Architectural Design 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
=	( (234.682	+	233.906)	/	2 )	/	59.201	*	365 / 4
=	234.294					/	59.201	*	365 / 4
=	361.13

Shenzhen New Land Tool Planning and Architectural Design Co (SZSE:300778) 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 New Land Tool Planning and Architectural Design Co Days Sales Outstanding Related Terms

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Shenzhen New Land Tool Planning and Architectural Design Co (SZSE:300778) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Shenzhen New Land Tool Planning and Architectural Design Co Ltd (SZSE:300778) » Definitions » Days Sales Outstanding

Traded in Other Exchanges

N/A

Address

39 Qinglin Middle Road, 10th-12th Floor, New City Building, Central City, Longgang District, Guangdong, Shenzhen, CHN, 518172

Website

http://www.nlt.com.cn

Shenzhen New Land Tool Planning and Architectural Design Co Ltd is a national high-tech enterprise with comprehensive consulting and design institution in China. It is committed towards creating a systematic solution platform for urban construction, providing urban planning, architectural design, municipal design, comprehensive transportation planning, low carbon urban construction planning, landscape architecture design, land preparation and comprehensive development consulting services.

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