Yunnan Metropolitan Real Estate Development Co (SHSE:600239) Days Sales Outstanding : 23.68 (As of Dec. 2023)

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Yunnan Metropolitan Real Estate Development Co Days Sales Outstanding Definition

Yunnan Metropolitan Real Estate Development Co's average Accounts Receivable for the three months ended in Dec. 2023 was ¥189 Mil. Yunnan Metropolitan Real Estate Development Co's Revenue for the three months ended in Dec. 2023 was ¥729 Mil. Hence, Yunnan Metropolitan Real Estate Development Co's Days Sales Outstanding for the three months ended in Dec. 2023 was 23.68.

The historical rank and industry rank for Yunnan Metropolitan Real Estate Development Co's Days Sales Outstanding or its related term are showing as below:

SHSE:600239' s Days Sales Outstanding Range Over the Past 10 Years
Min: 9.27 Med: 28.44 Max: 188.28
Current: 37.26

During the past 13 years, Yunnan Metropolitan Real Estate Development Co's highest Days Sales Outstanding was 188.28. The lowest was 9.27. And the median was 28.44.

SHSE:600239's Days Sales Outstanding is ranked worse than
50.84% of 1668 companies
in the Real Estate industry
Industry Median: 36.41 vs SHSE:600239: 37.26

Yunnan Metropolitan Real Estate Development Co's Days Sales Outstanding declined from Dec. 2022 (36.09) to Dec. 2023 (23.68).

Yunnan Metropolitan Real Estate Development Co Days Sales Outstanding Historical Data

The historical data trend for Yunnan Metropolitan Real Estate Development 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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Yunnan Metropolitan Real Estate Development Co Days Sales Outstanding Chart

Yunnan Metropolitan Real Estate Development Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

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19.66

12.45

9.27

26.14

32.53

Yunnan Metropolitan Real Estate Development 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	Get a 7-Day Free Trial															36.09	47.38	48.29	46.09	23.68

Competitive Comparison of Yunnan Metropolitan Real Estate Development Co's Days Sales Outstanding

For the Real Estate - Development subindustry, Yunnan Metropolitan Real Estate Development 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.

Yunnan Metropolitan Real Estate Development Co Days Sales Outstanding Distribution

For the Real Estate industry and Real Estate sector, Yunnan Metropolitan Real Estate Development Co's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where Yunnan Metropolitan Real Estate Development Co's Days Sales Outstanding falls into.

Yunnan Metropolitan Real Estate Development 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.

Yunnan Metropolitan Real Estate Development 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
=	( (187.299	+	160.431)	/	2 )	/	1951.129	*	365
=	173.865					/	1951.129	*	365
=	32.53

Yunnan Metropolitan Real Estate Development 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
=	( (217.867	+	160.431)	/	2 )	/	728.894	*	365 / 4
=	189.149					/	728.894	*	365 / 4
=	23.68

Yunnan Metropolitan Real Estate Development Co (SHSE:600239) Days Sales Outstanding Explanation

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

Yunnan Metropolitan Real Estate Development Co Days Sales Outstanding Related Terms

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Yunnan Metropolitan Real Estate Development Co (SHSE:600239) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Yunnan Metropolitan Real Estate Development Co Ltd (SHSE:600239) » Definitions » Days Sales Outstanding

Traded in Other Exchanges

N/A

Address

No. 869 Minhang Road, Block A, Rongcheng Jinjie Square, Yunnan Province, Kunming, CHN, 650200

Website

http://www.ynctzy.com

Yunnan Metropolitan Real Estate Development Co Ltd is engaged in real estate development and management, commercial housing sales, housing leasing, infrastructure construction investment, land development, project investment and management.

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