Shanghai Shibei Hi-Tech Co (SHSE:600604) Days Sales Outstanding

: 49.31 (As of Dec. 2023)

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Shanghai Shibei Hi-Tech Co's average Accounts Receivable for the three months ended in Dec. 2023 was ¥127 Mil. Shanghai Shibei Hi-Tech Co's Revenue for the three months ended in Dec. 2023 was ¥235 Mil. Hence, Shanghai Shibei Hi-Tech Co's Days Sales Outstanding for the three months ended in Dec. 2023 was 49.31.

The historical rank and industry rank for Shanghai Shibei Hi-Tech Co's Days Sales Outstanding or its related term are showing as below:

SHSE:600604' s Days Sales Outstanding Range Over the Past 10 Years
Min: 8.51 Med: 70.19 Max: 176.08
Current: 53.89

During the past 13 years, Shanghai Shibei Hi-Tech Co's highest Days Sales Outstanding was 176.08. The lowest was 8.51. And the median was 70.19.

SHSE:600604's Days Sales Outstanding is ranked worse than
65.05% of 1668 companies
in the Real Estate industry
Industry Median: 36.545 vs SHSE:600604: 53.89

Shanghai Shibei Hi-Tech Co's Days Sales Outstanding declined from Dec. 2022 (76.57) to Dec. 2023 (49.31).

Shanghai Shibei Hi-Tech Co Days Sales Outstanding Historical Data

The historical data trend for Shanghai Shibei Hi-Tech 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.

Shanghai Shibei Hi-Tech Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

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80.47

75.59

53.91

65.54

56.25

Shanghai Shibei Hi-Tech 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															76.57	60.39	47.56	56.42	49.31

Competitive Comparison

For the Real Estate Services subindustry, Shanghai Shibei Hi-Tech 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.

Shanghai Shibei Hi-Tech Co Days Sales Outstanding Distribution

For the Real Estate industry and Real Estate sector, Shanghai Shibei Hi-Tech Co's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where Shanghai Shibei Hi-Tech Co's Days Sales Outstanding falls into.

Shanghai Shibei Hi-Tech 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.

Shanghai Shibei Hi-Tech 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
=	( (207.599	+	107.347)	/	2 )	/	1021.758	*	365
=	157.473					/	1021.758	*	365
=	56.25

Shanghai Shibei Hi-Tech 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
=	( (146.956	+	107.347)	/	2 )	/	235.285	*	365 / 4
=	127.1515					/	235.285	*	365 / 4
=	49.31

Shanghai Shibei Hi-Tech Co (SHSE:600604) Days Sales Outstanding Explanation

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

Shanghai Shibei Hi-Tech Co Days Sales Outstanding Related Terms

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Shanghai Shibei Hi-Tech Co (SHSE:600604) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Shanghai Shibei Hi-Tech Co Ltd (SHSE:600604) » Definitions » Days Sales Outstanding

Traded in Other Exchanges

900902:China

Address

No. 262 Jiang Chang San Road, 1st Floor, Shanghai, CHN, 200434

Website

http://www.shibeiht.com

Shanghai Shibei Hi-Tech Co Ltd is engaged in the business of development, operation, and integration of business services and industrial investment in the industrial park. It is focused on the development and management of Shibei Hi-tech Park in China.

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