Nanjing Chixia Development Co (SHSE:600533) Days Sales Outstanding : 5.89 (As of Sep. 2023)

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What is Nanjing Chixia Development Co Days Sales Outstanding?

Nanjing Chixia Development Co's average Accounts Receivable for the three months ended in Sep. 2023 was ¥45 Mil. Nanjing Chixia Development Co's Revenue for the three months ended in Sep. 2023 was ¥693 Mil. Hence, Nanjing Chixia Development Co's Days Sales Outstanding for the three months ended in Sep. 2023 was 5.89.

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

SHSE:600533' s Days Sales Outstanding Range Over the Past 10 Years
Min: 0.49 Med: 1.96 Max: 2.41
Current: 1.29

During the past 13 years, Nanjing Chixia Development Co's highest Days Sales Outstanding was 2.41. The lowest was 0.49. And the median was 1.96.

SHSE:600533's Days Sales Outstanding is ranked better than
94.78% of 1667 companies
in the Real Estate industry
Industry Median: 36.2 vs SHSE:600533: 1.29

Nanjing Chixia Development Co's Days Sales Outstanding increased from Sep. 2022 (1.03) to Sep. 2023 (5.89).

Nanjing Chixia Development Co Days Sales Outstanding Historical Data

The historical data trend for Nanjing Chixia 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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Nanjing Chixia Development Co Days Sales Outstanding Chart

Nanjing Chixia Development Co Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Days Sales Outstanding

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2.34

2.29

2.23

2.12

0.54

Nanjing Chixia Development Co Quarterly Data
	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23
Days Sales Outstanding	Get a 7-Day Free Trial															1.03	0.34	0.61	1.16	5.89

Competitive Comparison of Nanjing Chixia Development Co's Days Sales Outstanding

For the Real Estate - Development subindustry, Nanjing Chixia 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.

Nanjing Chixia Development Co's Days Sales Outstanding Distribution in the Real Estate Industry

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

* The bar in red indicates where Nanjing Chixia Development Co's Days Sales Outstanding falls into.

Nanjing Chixia 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.

Nanjing Chixia Development Co's Days Sales Outstanding for the fiscal year that ended in Dec. 2022 is calculated as

	Days Sales Outstanding (A: Dec. 2022 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Dec. 2021 )	+	Accounts Receivable (A: Dec. 2022 ))	/	count )	/	Revenue (A: Dec. 2022 )	*	Days in Period
=	( (6.981	+	13.511)	/	2 )	/	6916.455	*	365
=	10.246					/	6916.455	*	365
=	0.54

Nanjing Chixia Development Co's Days Sales Outstanding for the quarter that ended in Sep. 2023 is calculated as:

	Days Sales Outstanding (Q: Sep. 2023 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Jun. 2023 )	+	Accounts Receivable (A: Sep. 2023 ))	/	count )	/	Revenue (A: Sep. 2023 )	*	Days in Period
=	( (20.786	+	68.768)	/	2 )	/	693.451	*	365 / 4
=	44.777					/	693.451	*	365 / 4
=	5.89

Nanjing Chixia Development Co (SHSE:600533) Days Sales Outstanding Explanation

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

Nanjing Chixia Development Co Days Sales Outstanding Related Terms

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Nanjing Chixia Development Co (SHSE:600533) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Nanjing Chixia Development Co Ltd (SHSE:600533) » Definitions » Days Sales Outstanding

Traded in Other Exchanges

N/A

Address

No. 9 Longpan Road, Xinglong Building, 21F, Nanjing, Jiangsu, CHN, 210037

Website

http://www.chixia.com

Nanjing Chixia Development Co Ltd is a real estate development company. It has four segments including construction, engineering construction management, and foreign investment. The group has developed various types of construction such as residential buildings, office buildings, and large-scale public buildings. The planning, design, construction quality, garden landscape, decoration, and decoration have all reached the first-class level.

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