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Wangneng Environment Co (SZSE:002034) Days Sales Outstanding : 144.31 (As of Mar. 2024)


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What is Wangneng Environment Co Days Sales Outstanding?

Wangneng Environment Co's average Accounts Receivable for the three months ended in Mar. 2024 was ¥1,244 Mil. Wangneng Environment Co's Revenue for the three months ended in Mar. 2024 was ¥786 Mil. Hence, Wangneng Environment Co's Days Sales Outstanding for the three months ended in Mar. 2024 was 144.31.

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

SZSE:002034' s Days Sales Outstanding Range Over the Past 10 Years
Min: 34.61   Med: 73.79   Max: 131.64
Current: 131.64

During the past 13 years, Wangneng Environment Co's highest Days Sales Outstanding was 131.64. The lowest was 34.61. And the median was 73.79.

SZSE:002034's Days Sales Outstanding is ranked worse than
70.26% of 232 companies
in the Waste Management industry
Industry Median: 72.87 vs SZSE:002034: 131.64

Wangneng Environment Co's Days Sales Outstanding increased from Mar. 2023 (96.12) to Mar. 2024 (144.31).


Wangneng Environment Co Days Sales Outstanding Historical Data

The historical data trend for Wangneng Environment 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.

Wangneng Environment Co Days Sales Outstanding Chart

Wangneng Environment Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Sales Outstanding
Get a 7-Day Free Trial Premium Member Only Premium Member Only 94.75 82.69 68.25 87.56 117.30

Wangneng Environment 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 96.12 134.24 112.83 135.51 144.31

Competitive Comparison of Wangneng Environment Co's Days Sales Outstanding

For the Waste Management subindustry, Wangneng Environment 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.


Wangneng Environment Co's Days Sales Outstanding Distribution in the Waste Management Industry

For the Waste Management industry and Industrials sector, Wangneng Environment Co's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where Wangneng Environment Co's Days Sales Outstanding falls into.



Wangneng Environment 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.

Wangneng Environment 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
=( (848.688 + 1193.724) / 2 ) / 3177.606*365
=1021.206 / 3177.606*365
=117.30

Wangneng Environment 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
=( (1193.724 + 1293.686) / 2 ) / 786.405*365 / 4
=1243.705 / 786.405*365 / 4
=144.31

* 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.


Wangneng Environment Co  (SZSE:002034) Days Sales Outstanding Explanation

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


Wangneng Environment Co Days Sales Outstanding Related Terms

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Wangneng Environment Co (SZSE:002034) Business Description

Traded in Other Exchanges
N/A
Address
No. 899 Huanshan Road, Longxi Street, Wuxing District, Zhejiang Province, Huzhou, CHN, 313000
Wangneng Environment Co Ltd is engaged in providing environmental waste management services. The company provides disposal of solid waste such as household waste, kitchen waste, municipal sludge, and others.

Wangneng Environment Co (SZSE:002034) Headlines

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