BEST (BEST) Days Sales Outstanding : 39.36 (As of Dec. 2023)

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What is BEST Days Sales Outstanding?

BEST's average Accounts Receivable for the three months ended in Dec. 2023 was $135 Mil. BEST's Revenue for the three months ended in Dec. 2023 was $313 Mil. Hence, BEST's Days Sales Outstanding for the three months ended in Dec. 2023 was 39.36.

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

BEST' s Days Sales Outstanding Range Over the Past 10 Years
Min: 10.54 Med: 31.97 Max: 49.39
Current: 38.64

During the past 10 years, BEST's highest Days Sales Outstanding was 49.39. The lowest was 10.54. And the median was 31.97.

BEST's Days Sales Outstanding is ranked better than
60.91% of 967 companies
in the Transportation industry
Industry Median: 45.87 vs BEST: 38.64

BEST's Days Sales Outstanding declined from Dec. 2022 (40.68) to Dec. 2023 (39.36).

BEST Days Sales Outstanding Historical Data

The historical data trend for BEST'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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BEST Days Sales Outstanding Chart

BEST Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

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41.20

37.81

31.97

49.39

45.03

BEST Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Days Sales Outstanding	Get a 7-Day Free Trial															40.68	43.43	32.16	34.25	39.36

Competitive Comparison of BEST's Days Sales Outstanding

For the Trucking subindustry, BEST'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.

BEST's Days Sales Outstanding Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, BEST's Days Sales Outstanding distribution charts can be found below:

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

BEST 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.

BEST'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
=	( (136.361	+	151.01)	/	2 )	/	1164.651	*	365
=	143.6855					/	1164.651	*	365
=	45.03

BEST'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: Sep. 2023 )	+	Accounts Receivable (A: Dec. 2023 ))	/	count )	/	Revenue (A: Dec. 2023 )	*	Days in Period
=	( (119.202	+	151.01)	/	2 )	/	313.192	*	365 / 4
=	135.106					/	313.192	*	365 / 4
=	39.36

BEST (NYSE:BEST) Days Sales Outstanding Explanation

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

BEST Days Sales Outstanding Related Terms

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BEST (BEST) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » BEST Inc (NYSE:BEST) » Definitions » Days Sales Outstanding

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Address

No. 18 Tangmiao Road, 2nd Floor, Block A, Huaxing Modern Industry Park, Xihu District, Zhejiang Province, Hangzhou, CHN, 310013

Website

https://ir.best-inc.com

BEST Inc is a supply chain company. It provides a New Retail platform that offers technology-enabled integrated solutions such as supply chain management, express delivery, freight, merchandise sourcing, cross-border supply chain, last-mile, financial and value-added services. The Group operates in the following operating segments, Supply chain management services, Freight, Global and Others. The Others category principally relates to cross-border logistic coordination services. The majority of revenue generated from Freight segment.