Shanghai Join Buy Co (SHSE:600838) Days Sales Outstanding : 26.11 (As of Mar. 2024)

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What is Shanghai Join Buy Co Days Sales Outstanding?

Shanghai Join Buy Co's average Accounts Receivable for the three months ended in Mar. 2024 was ¥6.61 Mil. Shanghai Join Buy Co's Revenue for the three months ended in Mar. 2024 was ¥23.10 Mil. Hence, Shanghai Join Buy Co's Days Sales Outstanding for the three months ended in Mar. 2024 was 26.11.

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

SHSE:600838' s Days Sales Outstanding Range Over the Past 10 Years
Min: 26.78 Med: 85.29 Max: 108.55
Current: 26.78

During the past 13 years, Shanghai Join Buy Co's highest Days Sales Outstanding was 108.55. The lowest was 26.78. And the median was 85.29.

SHSE:600838's Days Sales Outstanding is ranked worse than
62.06% of 1078 companies
in the Retail - Cyclical industry
Industry Median: 17.625 vs SHSE:600838: 26.78

Shanghai Join Buy Co's Days Sales Outstanding declined from Mar. 2023 (31.01) to Mar. 2024 (26.11).

Shanghai Join Buy Co Days Sales Outstanding Historical Data

The historical data trend for Shanghai Join Buy 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 Join Buy Co Days Sales Outstanding Chart

Shanghai Join Buy Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

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87.10

61.37

42.33

45.14

27.23

Shanghai Join Buy Co Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Days Sales Outstanding	Get a 7-Day Free Trial															31.01	26.27	27.59	22.53	26.11

Competitive Comparison of Shanghai Join Buy Co's Days Sales Outstanding

For the Department Stores subindustry, Shanghai Join Buy 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 Join Buy Co's Days Sales Outstanding Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Shanghai Join Buy Co's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where Shanghai Join Buy Co's Days Sales Outstanding falls into.

Shanghai Join Buy 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 Join Buy 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
=	( (7.242	+	5.672)	/	2 )	/	86.548	*	365
=	6.457					/	86.548	*	365
=	27.23

Shanghai Join Buy Co's Days Sales Outstanding for the quarter that ended in Mar. 2024 is calculated as:

	Days Sales Outstanding (Q: Mar. 2024 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Dec. 2023 )	+	Accounts Receivable (A: Mar. 2024 ))	/	count )	/	Revenue (A: Mar. 2024 )	*	Days in Period
=	( (5.672	+	7.546)	/	2 )	/	23.098	*	365 / 4
=	6.609					/	23.098	*	365 / 4
=	26.11

Shanghai Join Buy Co (SHSE:600838) 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 Join Buy Co Days Sales Outstanding Related Terms

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Shanghai Join Buy Co (SHSE:600838) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Shanghai Join Buy Co Ltd (SHSE:600838) » Definitions » Days Sales Outstanding

Traded in Other Exchanges

N/A

Address

No. 940 Changde Road, Shanghai, Shanghai, CHN, 200040

Website

http://www.shjb600838.com

Shanghai Join Buy Co Ltd owns and operates department stores in China. It focuses on production and sale of washing chemical products; clothing and textiles dyeing, ironing, weaving, and leather products care; wholesale of wine products; commercial property investment leasing management; and equity investment management.

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