Kexin Development Co Shanxi (SHSE:600234) Days Sales Outstanding : 1,756.86 (As of Mar. 2024)

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What is Kexin Development Co Shanxi Days Sales Outstanding?

Kexin Development Co Shanxi's average Accounts Receivable for the three months ended in Mar. 2024 was ¥72.41 Mil. Kexin Development Co Shanxi's Revenue for the three months ended in Mar. 2024 was ¥3.76 Mil. Hence, Kexin Development Co Shanxi's Days Sales Outstanding for the three months ended in Mar. 2024 was 1,756.86.

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

SHSE:600234' s Days Sales Outstanding Range Over the Past 10 Years
Min: 11.44 Med: 62.38 Max: 764.74
Current: 764.74

During the past 13 years, Kexin Development Co Shanxi's highest Days Sales Outstanding was 764.74. The lowest was 11.44. And the median was 62.38.

SHSE:600234's Days Sales Outstanding is ranked worse than
98.62% of 1017 companies
in the Media - Diversified industry
Industry Median: 67.82 vs SHSE:600234: 764.74

Kexin Development Co Shanxi's Days Sales Outstanding increased from Mar. 2023 (1,539.86) to Mar. 2024 (1,756.86).

Kexin Development Co Shanxi Days Sales Outstanding Historical Data

The historical data trend for Kexin Development Co Shanxi'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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Kexin Development Co Shanxi Days Sales Outstanding Chart

Kexin Development Co Shanxi Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

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20.24

51.33

162.62

655.23

725.12

Kexin Development Co Shanxi 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															1,539.86	1,105.39	300.68	-	1,756.86

Competitive Comparison of Kexin Development Co Shanxi's Days Sales Outstanding

For the Advertising Agencies subindustry, Kexin Development Co Shanxi'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.

Kexin Development Co Shanxi's Days Sales Outstanding Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Kexin Development Co Shanxi's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where Kexin Development Co Shanxi's Days Sales Outstanding falls into.

Kexin Development Co Shanxi 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.

Kexin Development Co Shanxi'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
=	( (194.903	+	83.631)	/	2 )	/	70.102	*	365
=	139.267					/	70.102	*	365
=	725.12

Kexin Development Co Shanxi'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
=	( (83.631	+	61.192)	/	2 )	/	3.761	*	365 / 4
=	72.4115					/	3.761	*	365 / 4
=	1,756.86

Kexin Development Co Shanxi (SHSE:600234) Days Sales Outstanding Explanation

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

Kexin Development Co Shanxi Days Sales Outstanding Related Terms

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Kexin Development Co Shanxi (SHSE:600234) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » Kexin Development Co Ltd Shanxi (SHSE:600234) » Definitions » Days Sales Outstanding

Traded in Other Exchanges

N/A

Address

No. 289 Yingze Street, Shanxi Province, Taiyuan, CHN, 030001

Website

Guanghe Landscape Culture Communication Co Ltd is engaged in cultural event planning; cultural communication planning; corporate image planning; investment in theme parks and tourism cultural projects, cultural performance projects, cinema lines, book publishing publications with own funds; painting and calligraphy art creation and display.

Executives

Chen Fu Xing	Director
Wang Tie Sheng	senior management

Kexin Development Co Shanxi (SHSE:600234) Headlines

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