China Shipbuilding Industry (SHSE:601989) Days Sales Outstanding : 66.30 (As of Sep. 2023)

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What is China Shipbuilding Industry Days Sales Outstanding?

China Shipbuilding Industry's average Accounts Receivable for the three months ended in Sep. 2023 was ¥9,763 Mil. China Shipbuilding Industry's Revenue for the three months ended in Sep. 2023 was ¥13,436 Mil. Hence, China Shipbuilding Industry's Days Sales Outstanding for the three months ended in Sep. 2023 was 66.30.

The historical rank and industry rank for China Shipbuilding Industry's Days Sales Outstanding or its related term are showing as below:

SHSE:601989' s Days Sales Outstanding Range Over the Past 10 Years
Min: 70.2 Med: 93.65 Max: 142.22
Current: 71.04

During the past 13 years, China Shipbuilding Industry's highest Days Sales Outstanding was 142.22. The lowest was 70.20. And the median was 93.65.

SHSE:601989's Days Sales Outstanding is ranked worse than
56.15% of 301 companies
in the Aerospace & Defense industry
Industry Median: 63.37 vs SHSE:601989: 71.04

China Shipbuilding Industry's Days Sales Outstanding declined from Sep. 2022 (81.73) to Sep. 2023 (66.30).

China Shipbuilding Industry Days Sales Outstanding Historical Data

The historical data trend for China Shipbuilding Industry'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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China Shipbuilding Industry Days Sales Outstanding Chart

China Shipbuilding Industry Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Days Sales Outstanding

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81.01

89.16

84.15

71.39

70.20

China Shipbuilding Industry 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															81.73	46.78	119.64	84.56	66.30

Competitive Comparison of China Shipbuilding Industry's Days Sales Outstanding

For the Aerospace & Defense subindustry, China Shipbuilding Industry'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.

China Shipbuilding Industry's Days Sales Outstanding Distribution in the Aerospace & Defense Industry

For the Aerospace & Defense industry and Industrials sector, China Shipbuilding Industry's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where China Shipbuilding Industry's Days Sales Outstanding falls into.

China Shipbuilding Industry 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.

China Shipbuilding Industry'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
=	( (8107.586	+	8876.695)	/	2 )	/	44154.935	*	365
=	8492.1405					/	44154.935	*	365
=	70.20

China Shipbuilding Industry'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
=	( (9597.612	+	9927.508)	/	2 )	/	13435.87	*	365 / 4
=	9762.56					/	13435.87	*	365 / 4
=	66.30

China Shipbuilding Industry (SHSE:601989) Days Sales Outstanding Explanation

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

China Shipbuilding Industry Days Sales Outstanding Related Terms

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China Shipbuilding Industry (SHSE:601989) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Aerospace & Defense » China Shipbuilding Industry Corp (SHSE:601989) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 72, Hunan Road, Kunming, Haidian District, Beijing, CHN, 100097

Website

http://www.csicl.com.cn

China Shipbuilding Industry Corp is engaged in the designing, manufacturing and repairing of ships. The company also manufactures marine defense and marine development equipment, marine transportation equipment, deep-sea equipment and ship repair and modification, ship supporting and electromechanical equipment, military-civilian integration strategy emerging industries. The main developer and supplier of domestic naval equipment is responsible for the manufacturing of naval main battle equipment and core ancillary equipment such as aircraft carriers, surface ships, conventional submarines, and underwater weapons.

China Shipbuilding Industry (SHSE:601989) Headlines

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