Rizhao Port Co (SHSE:600017) Days Sales Outstanding

: 26.51 (As of Dec. 2023)

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Rizhao Port Co's average Accounts Receivable for the three months ended in Dec. 2023 was ¥612 Mil. Rizhao Port Co's Revenue for the three months ended in Dec. 2023 was ¥2,108 Mil. Hence, Rizhao Port Co's Days Sales Outstanding for the three months ended in Dec. 2023 was 26.51.

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

SHSE:600017' s Days Sales Outstanding Range Over the Past 10 Years
Min: 23.14 Med: 42.89 Max: 61.41
Current: 26.8

During the past 13 years, Rizhao Port Co's highest Days Sales Outstanding was 61.41. The lowest was 23.14. And the median was 42.89.

SHSE:600017's Days Sales Outstanding is ranked better than
75% of 968 companies
in the Transportation industry
Industry Median: 45.73 vs SHSE:600017: 26.80

Rizhao Port Co's Days Sales Outstanding increased from Dec. 2022 (18.94) to Dec. 2023 (26.51).

Rizhao Port Co Days Sales Outstanding Historical Data

The historical data trend for Rizhao Port 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.

Rizhao Port Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

44.53

38.98

31.78

23.17

23.14

Rizhao Port Co 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																18.94	26.11	26.16	32.40	26.51

Competitive Comparison

For the Marine Shipping subindustry, Rizhao Port 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.

Rizhao Port Co Days Sales Outstanding Distribution

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

* The bar in red indicates where Rizhao Port Co's Days Sales Outstanding falls into.

Rizhao Port 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.

Rizhao Port 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
=	( (514.659	+	519.78)	/	2 )	/	8156.81	*	365
=	517.2195					/	8156.81	*	365
=	23.14

Rizhao Port Co'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
=	( (705.204	+	519.78)	/	2 )	/	2108.131	*	365 / 4
=	612.492					/	2108.131	*	365 / 4
=	26.51

Rizhao Port Co (SHSE:600017) Days Sales Outstanding Explanation

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

Rizhao Port Co Days Sales Outstanding Related Terms

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Rizhao Port Co (SHSE:600017) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Rizhao Port Co Ltd (SHSE:600017) » Definitions » Days Sales Outstanding

Traded in Other Exchanges

N/A

Address

Haibin 2nd Road, Rizhao, Shandong, CHN, 276826

Website

http://www.rzpcl.com

Rizhao Port Co Ltd provides cargo handling and storage services in China. It is involved in the handling and storage of ore, coal, cement, nickel ore, aluminum, vanadium, steel, coke, grain, wood chips, and other bulk cargoes, as well as crude oil, liquid chemicals, and containers.

Rizhao Port Co (SHSE:600017) Headlines

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