Shenzhen Zhongzhuang Construction Group Co (SZSE:002822) Days Sales Outstanding : 227.13 (As of Sep. 2023)

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What is Shenzhen Zhongzhuang Construction Group Co Days Sales Outstanding?

Shenzhen Zhongzhuang Construction Group Co's average Accounts Receivable for the three months ended in Sep. 2023 was ¥2,435 Mil. Shenzhen Zhongzhuang Construction Group Co's Revenue for the three months ended in Sep. 2023 was ¥978 Mil. Hence, Shenzhen Zhongzhuang Construction Group Co's Days Sales Outstanding for the three months ended in Sep. 2023 was 227.13.

The historical rank and industry rank for Shenzhen Zhongzhuang Construction Group Co's Days Sales Outstanding or its related term are showing as below:

SZSE:002822' s Days Sales Outstanding Range Over the Past 10 Years
Min: 131.15 Med: 183.9 Max: 235.3
Current: 198.11

During the past 12 years, Shenzhen Zhongzhuang Construction Group Co's highest Days Sales Outstanding was 235.30. The lowest was 131.15. And the median was 183.90.

SZSE:002822's Days Sales Outstanding is ranked worse than
86.97% of 1642 companies
in the Construction industry
Industry Median: 72.53 vs SZSE:002822: 198.11

Shenzhen Zhongzhuang Construction Group Co's Days Sales Outstanding increased from Sep. 2022 (179.52) to Sep. 2023 (227.13).

Shenzhen Zhongzhuang Construction Group Co Days Sales Outstanding Historical Data

The historical data trend for Shenzhen Zhongzhuang Construction Group 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.

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Shenzhen Zhongzhuang Construction Group Co Days Sales Outstanding Chart

Shenzhen Zhongzhuang Construction Group Co Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Days Sales Outstanding

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225.70

187.08

156.18

149.72

182.63

Shenzhen Zhongzhuang Construction Group Co 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															179.52	119.48	337.21	232.70	227.13

Competitive Comparison of Shenzhen Zhongzhuang Construction Group Co's Days Sales Outstanding

For the Engineering & Construction subindustry, Shenzhen Zhongzhuang Construction Group 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.

Shenzhen Zhongzhuang Construction Group Co's Days Sales Outstanding Distribution in the Construction Industry

For the Construction industry and Industrials sector, Shenzhen Zhongzhuang Construction Group Co's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where Shenzhen Zhongzhuang Construction Group Co's Days Sales Outstanding falls into.

Shenzhen Zhongzhuang Construction Group 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.

Shenzhen Zhongzhuang Construction Group Co'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
=	( (2565.717	+	2650.019)	/	2 )	/	5212.021	*	365
=	2607.868					/	5212.021	*	365
=	182.63

Shenzhen Zhongzhuang Construction Group Co'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
=	( (2450.474	+	2419.217)	/	2 )	/	978.215	*	365 / 4
=	2434.8455					/	978.215	*	365 / 4
=	227.13

Shenzhen Zhongzhuang Construction Group Co (SZSE:002822) 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 Zhongzhuang Construction Group Co Days Sales Outstanding Related Terms

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Shenzhen Zhongzhuang Construction Group Co (SZSE:002822) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Shenzhen Zhongzhuang Construction Group Co Ltd (SZSE:002822) » Definitions » Days Sales Outstanding

Traded in Other Exchanges

N/A

Address

No.4002 Shennan East Road, 4th and 5th Floor Honglong Century Plaza, Luohu District, Shenzhen, CHN, 518000

Website

http://www.zhongzhuang.com

Shenzhen Zhongzhuang Construction Group Co Ltd is a China-based company engaged in the business of designing, constructing and decorating buildings. The firm operates through following business divisions; decoration and design division. Through its business division, Shenzhen Zhongzhuang provides indoor and outdoor design of building, building decoration services, decoration of public places and residential. The company mainly operates its business in the Chinese market.

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