Shenzhen Leoking Environmental Group Co (SZSE:301305) Days Sales Outstanding : 73.67 (As of Mar. 2024)

View and export this data going back to 2023. Start your Free Trial

What is Shenzhen Leoking Environmental Group Co Days Sales Outstanding?

Shenzhen Leoking Environmental Group Co's average Accounts Receivable for the three months ended in Mar. 2024 was ¥398 Mil. Shenzhen Leoking Environmental Group Co's Revenue for the three months ended in Mar. 2024 was ¥493 Mil. Hence, Shenzhen Leoking Environmental Group Co's Days Sales Outstanding for the three months ended in Mar. 2024 was 73.67.

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

SZSE:301305' s Days Sales Outstanding Range Over the Past 10 Years
Min: 28.4 Med: 47.37 Max: 99.27
Current: 71.35

During the past 6 years, Shenzhen Leoking Environmental Group Co's highest Days Sales Outstanding was 99.27. The lowest was 28.40. And the median was 47.37.

SZSE:301305's Days Sales Outstanding is ranked worse than
50.22% of 229 companies
in the Waste Management industry
Industry Median: 71.35 vs SZSE:301305: 71.35

Shenzhen Leoking Environmental Group Co's Days Sales Outstanding increased from Mar. 2023 (67.48) to Mar. 2024 (73.67).

Shenzhen Leoking Environmental Group Co Days Sales Outstanding Historical Data

The historical data trend for Shenzhen Leoking Environmental Group 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 Leoking Environmental Group Co Days Sales Outstanding Chart

Shenzhen Leoking Environmental Group Co Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

Get a 7-Day Free Trial

52.01

28.40

30.95

42.72

68.77

Shenzhen Leoking Environmental Group Co Quarterly Data
	Dec18	Dec19	Dec20	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Days Sales Outstanding	Get a 7-Day Free Trial										67.48	71.90	65.60	76.84	73.67

Competitive Comparison of Shenzhen Leoking Environmental Group Co's Days Sales Outstanding

For the Waste Management subindustry, Shenzhen Leoking Environmental Group 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 Leoking Environmental Group Co's Days Sales Outstanding Distribution in the Waste Management Industry

For the Waste Management industry and Industrials sector, Shenzhen Leoking Environmental Group Co's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where Shenzhen Leoking Environmental Group Co's Days Sales Outstanding falls into.

Shenzhen Leoking Environmental Group 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 Leoking Environmental Group 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
=	( (247.749	+	412.802)	/	2 )	/	1752.883	*	365
=	330.2755					/	1752.883	*	365
=	68.77

Shenzhen Leoking Environmental Group 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
=	( (412.802	+	383.981)	/	2 )	/	493.477	*	365 / 4
=	398.3915					/	493.477	*	365 / 4
=	73.67

Shenzhen Leoking Environmental Group Co (SZSE:301305) 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 Leoking Environmental Group Co Days Sales Outstanding Related Terms

Thank you for viewing the detailed overview of Shenzhen Leoking Environmental Group Co's Days Sales Outstanding provided by GuruFocus.com. Please click on the following links to see related term pages.

Shenzhen Leoking Environmental Group Co (SZSE:301305) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Waste Management » Shenzhen Leoking Environmental Group Co Ltd (SZSE:301305) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

N/A

Address

Pingqiao Road, Pingdi Street, Floor 13, No. 2, Gaoqiao Community, Longgang District, Guangdong Province, Shenzhen, CHN, 518117

Website

https://www.leoking.com

Shenzhen Leoking Environmental Group Co Ltd is mainly engaged in the investment, construction and operation of organic solid waste projects and domestic waste incineration power generation projects through BOT, BOO and other franchise modes, and provides government customers with solutions for the harmless treatment and resource utilization of organic solid waste and domestic waste. It is a comprehensive environmental protection enterprise and a national high-tech enterprise. Luculent Environment Group is deeply involved in the field of organic solid waste (catering waste, kitchen waste, manure, animal solid waste, etc.) treatment and waste classification, and has become a leading enterprise in the field of organic solid waste treatment in the country.

Executives

Chen Jian Xiang

Directors, executives

Shenzhen Leoking Environmental Group Co (SZSE:301305) Headlines

No Headlines