Fujian Guohang Ocean Shipping Group Co (BJSE:833171) Days Sales Outstanding : 17.66 (As of Jun. 2024)

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What is Fujian Guohang Ocean Shipping Group Co Days Sales Outstanding?

Fujian Guohang Ocean Shipping Group Co's average Accounts Receivable for the three months ended in Jun. 2024 was ¥46.0 Mil. Fujian Guohang Ocean Shipping Group Co's Revenue for the three months ended in Jun. 2024 was ¥237.7 Mil. Hence, Fujian Guohang Ocean Shipping Group Co's Days Sales Outstanding for the three months ended in Jun. 2024 was 17.66.

The historical rank and industry rank for Fujian Guohang Ocean Shipping Group Co's Days Sales Outstanding or its related term are showing as below:

BJSE:833171' s Days Sales Outstanding Range Over the Past 10 Years
Min: 9.49 Med: 25.66 Max: 54.82
Current: 23.08

During the past 13 years, Fujian Guohang Ocean Shipping Group Co's highest Days Sales Outstanding was 54.82. The lowest was 9.49. And the median was 25.66.

BJSE:833171's Days Sales Outstanding is ranked better than
79.22% of 977 companies
in the Transportation industry
Industry Median: 46.44 vs BJSE:833171: 23.08

Fujian Guohang Ocean Shipping Group Co's Days Sales Outstanding declined from Jun. 2023 (20.29) to Jun. 2024 (17.66).

Fujian Guohang Ocean Shipping Group Co Days Sales Outstanding Historical Data

The historical data trend for Fujian Guohang Ocean Shipping 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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Fujian Guohang Ocean Shipping Group Co Days Sales Outstanding Chart

Fujian Guohang Ocean Shipping Group Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

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18.85

14.44

9.49

20.97

31.52

Fujian Guohang Ocean Shipping Group Co Quarterly Data
	Dec18	Jun19	Dec19	Mar20	Jun20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24
Days Sales Outstanding	Get a 7-Day Free Trial															20.29	24.89	30.80	25.29	17.66

Competitive Comparison of Fujian Guohang Ocean Shipping Group Co's Days Sales Outstanding

For the Marine Shipping subindustry, Fujian Guohang Ocean Shipping 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.

Fujian Guohang Ocean Shipping Group Co's Days Sales Outstanding Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Fujian Guohang Ocean Shipping Group Co's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where Fujian Guohang Ocean Shipping Group Co's Days Sales Outstanding falls into.

Fujian Guohang Ocean Shipping 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.

Fujian Guohang Ocean Shipping Group 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
=	( (81.104	+	72.733)	/	2 )	/	890.804	*	365
=	76.9185					/	890.804	*	365
=	31.52

Fujian Guohang Ocean Shipping Group Co's Days Sales Outstanding for the quarter that ended in Jun. 2024 is calculated as:

	Days Sales Outstanding (Q: Jun. 2024 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Mar. 2024 )	+	Accounts Receivable (A: Jun. 2024 ))	/	count )	/	Revenue (A: Jun. 2024 )	*	Days in Period
=	( (50.88	+	41.144)	/	2 )	/	237.735	*	365 / 4
=	46.012					/	237.735	*	365 / 4
=	17.66

Fujian Guohang Ocean Shipping Group Co (BJSE:833171) Days Sales Outstanding Explanation

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

Fujian Guohang Ocean Shipping Group Co Days Sales Outstanding Related Terms

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Fujian Guohang Ocean Shipping Group Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Fujian Guohang Ocean Shipping Group Co Ltd (BJSE:833171) » Definitions » Days Sales Outstanding

Traded in Other Exchanges

N/A

Address

No. 68-1 Jiangbin East Avenue, Floor 25, Building 1, Lanbo Bay, Mawei District, Fujian Province, Fuzhou City, CHN, 350015

Website

http://www.gh-shipping.com

Fujian Guohang Ocean Shipping Group Co Ltd provides integrated maritime shipping services. It offers Dry bulk cargo transportation business on the international ocean, domestic coastal, and middle and lower reaches of the Yangtze River. It offers general cargo ship transportation; ship technical consulting services; ships, marine electromechanical supporting equipment and marine materials, building materials, mechanical equipment, and chemical products.

Fujian Guohang Ocean Shipping Group Co Headlines

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