Shenzhen Properties & Resources Development (Group) (SZSE:000011) Days Sales Outstanding

: 79.39 (As of Dec. 2023)

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Shenzhen Properties & Resources Development (Group)'s average Accounts Receivable for the three months ended in Dec. 2023 was ¥468 Mil. Shenzhen Properties & Resources Development (Group)'s Revenue for the three months ended in Dec. 2023 was ¥538 Mil. Hence, Shenzhen Properties & Resources Development (Group)'s Days Sales Outstanding for the three months ended in Dec. 2023 was 79.39.

The historical rank and industry rank for Shenzhen Properties & Resources Development (Group)'s Days Sales Outstanding or its related term are showing as below:

SZSE:000011' s Days Sales Outstanding Range Over the Past 10 Years
Min: 4.89 Med: 14.12 Max: 56.79
Current: 53.59

During the past 13 years, Shenzhen Properties & Resources Development (Group)'s highest Days Sales Outstanding was 56.79. The lowest was 4.89. And the median was 14.12.

SZSE:000011's Days Sales Outstanding is ranked worse than
60.38% of 1666 companies
in the Real Estate industry
Industry Median: 36.545 vs SZSE:000011: 53.59

Shenzhen Properties & Resources Development (Group)'s Days Sales Outstanding increased from Dec. 2022 (67.41) to Dec. 2023 (79.39).

Shenzhen Properties & Resources Development (Group) Days Sales Outstanding Historical Data

The historical data trend for Shenzhen Properties & Resources Development (Group)'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.

Array ( [0] => - [1] => - [2] => - [3] => - [4] => - [5] => 17.17 [6] => 17.99 [7] => 17.90 [8] => 35.13 [9] => 56.79 )

Shenzhen Properties & Resources Development (Group) Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

17.17

17.99

17.90

35.13

56.79

Shenzhen Properties & Resources Development (Group) 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																67.41	91.37	25.07	74.30	79.39

Competitive Comparison

For the Real Estate - Development subindustry, Shenzhen Properties & Resources Development (Group)'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.

Shenzhen Properties & Resources Development (Group) Days Sales Outstanding Distribution

For the Real Estate industry and Real Estate sector, Shenzhen Properties & Resources Development (Group)'s Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where Shenzhen Properties & Resources Development (Group)'s Days Sales Outstanding falls into.

Shenzhen Properties & Resources Development (Group) 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.

Shenzhen Properties & Resources Development (Group)'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
=	( (419.934	+	502.806)	/	2 )	/	2965.117	*	365
=	461.37					/	2965.117	*	365
=	56.79

Shenzhen Properties & Resources Development (Group)'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
=	( (432.961	+	502.806)	/	2 )	/	537.791	*	365 / 4
=	467.8835					/	537.791	*	365 / 4
=	79.39

Shenzhen Properties & Resources Development (Group) (SZSE:000011) Days Sales Outstanding Explanation

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

Shenzhen Properties & Resources Development (Group) Days Sales Outstanding Related Terms

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Shenzhen Properties & Resources Development (Group) (SZSE:000011) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Shenzhen Properties & Resources Development (Group) Ltd (SZSE:000011) » Definitions » Days Sales Outstanding

Traded in Other Exchanges

200011:China

Address

Renmin South Road, 39 Floor and 42 Floor, International Trade Center, Guangdong Province, Luohu District, Shenzhen, CHN, 518014

Website

http://www.szwuye.com.cn

Shenzhen Properties & Resources Development (Group) Ltd is engaged in real estate development property management and housing asset operation as the basic business, with catering service, warehousing business and supervision business. It develops the residence, the hi-end apartment and the office building. It also provides house leasing, catering service, warehousing service, and supervision service. The company operates in three segments namely Real estate, Property management, and Catering service. Majority of the revenue is derived from the Real estate segment.

Shenzhen Properties & Resources Development (Group) (SZSE:000011) Headlines

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