Tongyi Carbon Neutral Energy (Xinjiang) Co (SHSE:600506) Days Sales Outstanding : 27.14 (As of Mar. 2024)

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What is Tongyi Carbon Neutral Energy (Xinjiang) Co Days Sales Outstanding?

Tongyi Carbon Neutral Energy (Xinjiang) Co's average Accounts Receivable for the three months ended in Mar. 2024 was ¥225 Mil. Tongyi Carbon Neutral Energy (Xinjiang) Co's Revenue for the three months ended in Mar. 2024 was ¥756 Mil. Hence, Tongyi Carbon Neutral Energy (Xinjiang) Co's Days Sales Outstanding for the three months ended in Mar. 2024 was 27.14.

The historical rank and industry rank for Tongyi Carbon Neutral Energy (Xinjiang) Co's Days Sales Outstanding or its related term are showing as below:

SHSE:600506' s Days Sales Outstanding Range Over the Past 10 Years
Min: 0.18 Med: 27.51 Max: 180.23
Current: 42.67

During the past 13 years, Tongyi Carbon Neutral Energy (Xinjiang) Co's highest Days Sales Outstanding was 180.23. The lowest was 0.18. And the median was 27.51.

SHSE:600506's Days Sales Outstanding is ranked worse than
54.5% of 1846 companies
in the Consumer Packaged Goods industry
Industry Median: 39.125 vs SHSE:600506: 42.67

Tongyi Carbon Neutral Energy (Xinjiang) Co's Days Sales Outstanding declined from Mar. 2023 (28.39) to Mar. 2024 (27.14).

Tongyi Carbon Neutral Energy (Xinjiang) Co Days Sales Outstanding Historical Data

The historical data trend for Tongyi Carbon Neutral Energy (Xinjiang) 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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Tongyi Carbon Neutral Energy (Xinjiang) Co Days Sales Outstanding Chart

Tongyi Carbon Neutral Energy (Xinjiang) Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

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47.22

15.35

103.36

30.73

24.28

Tongyi Carbon Neutral Energy (Xinjiang) 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															28.39	50.66	51.12	45.00	27.14

Competitive Comparison of Tongyi Carbon Neutral Energy (Xinjiang) Co's Days Sales Outstanding

For the Farm Products subindustry, Tongyi Carbon Neutral Energy (Xinjiang) 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.

Tongyi Carbon Neutral Energy (Xinjiang) Co's Days Sales Outstanding Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Tongyi Carbon Neutral Energy (Xinjiang) Co's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where Tongyi Carbon Neutral Energy (Xinjiang) Co's Days Sales Outstanding falls into.

Tongyi Carbon Neutral Energy (Xinjiang) 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.

Tongyi Carbon Neutral Energy (Xinjiang) 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
=	( (147.762	+	150.154)	/	2 )	/	2238.87	*	365
=	148.958					/	2238.87	*	365
=	24.28

Tongyi Carbon Neutral Energy (Xinjiang) 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
=	( (150.154	+	299.615)	/	2 )	/	756.23	*	365 / 4
=	224.8845					/	756.23	*	365 / 4
=	27.14

Tongyi Carbon Neutral Energy (Xinjiang) Co (SHSE:600506) Days Sales Outstanding Explanation

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

Tongyi Carbon Neutral Energy (Xinjiang) Co Days Sales Outstanding Related Terms

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Tongyi Carbon Neutral Energy (Xinjiang) Co (SHSE:600506) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Tongyi Carbon Neutral Energy (Xinjiang) Co Ltd (SHSE:600506) » Definitions » Days Sales Outstanding

Traded in Other Exchanges

N/A

Address

Shengguo Mingyuan, Shengguo Road, Xinjiang, Ku'erle, CHN, 841000

Website

http://www.xjxlgf.com.cn

Tongyi Carbon Neutral Energy (Xinjiang) Co Ltd formerly Xinjiang Koerle Pear Co Ltd is an orchard planting company. It produces korla pear and ratafee.

Tongyi Carbon Neutral Energy (Xinjiang) Co (SHSE:600506) Headlines

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