Time Publishing & Media Co (SHSE:600551) Days Sales Outstanding : 32.73 (As of Mar. 2024)

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What is Time Publishing & Media Co Days Sales Outstanding?

Time Publishing & Media Co's average Accounts Receivable for the three months ended in Mar. 2024 was ¥589 Mil. Time Publishing & Media Co's Revenue for the three months ended in Mar. 2024 was ¥1,643 Mil. Hence, Time Publishing & Media Co's Days Sales Outstanding for the three months ended in Mar. 2024 was 32.73.

The historical rank and industry rank for Time Publishing & Media Co's Days Sales Outstanding or its related term are showing as below:

SHSE:600551' s Days Sales Outstanding Range Over the Past 10 Years
Min: 28.14 Med: 40.21 Max: 65.87
Current: 30.43

During the past 13 years, Time Publishing & Media Co's highest Days Sales Outstanding was 65.87. The lowest was 28.14. And the median was 40.21.

SHSE:600551's Days Sales Outstanding is ranked better than
85% of 1027 companies
in the Media - Diversified industry
Industry Median: 68.28 vs SHSE:600551: 30.43

Time Publishing & Media Co's Days Sales Outstanding declined from Mar. 2023 (39.51) to Mar. 2024 (32.73).

Time Publishing & Media Co Days Sales Outstanding Historical Data

The historical data trend for Time Publishing & Media 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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Time Publishing & Media Co Days Sales Outstanding Chart

Time Publishing & Media Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

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38.75

38.35

29.16

30.14

28.14

Time Publishing & Media 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															39.51	29.97	36.89	26.27	32.73

Competitive Comparison of Time Publishing & Media Co's Days Sales Outstanding

For the Publishing subindustry, Time Publishing & Media 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.

Time Publishing & Media Co's Days Sales Outstanding Distribution in the Media - Diversified Industry

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

* The bar in red indicates where Time Publishing & Media Co's Days Sales Outstanding falls into.

Time Publishing & Media 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.

Time Publishing & Media 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
=	( (671.785	+	660.828)	/	2 )	/	8642.71	*	365
=	666.3065					/	8642.71	*	365
=	28.14

Time Publishing & Media 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
=	( (660.828	+	517.726)	/	2 )	/	1642.787	*	365 / 4
=	589.277					/	1642.787	*	365 / 4
=	32.73

Time Publishing & Media Co (SHSE:600551) Days Sales Outstanding Explanation

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

Time Publishing & Media Co Days Sales Outstanding Related Terms

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Time Publishing & Media Co (SHSE:600551) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » Time Publishing & Media Co Ltd (SHSE:600551) » Definitions » Days Sales Outstanding

Traded in Other Exchanges

N/A

Address

No. 20 Tianzhi Road, New and High-tech Development Zone, Hefei, Anhui, CHN, 230088

Website

http://www.press-mart.com

Time Publishing & Media Co Ltd is a cultural media listed company. It is mainly engaged in books, periodicals, print reproduction, new media, media technology research and development, equity investment and other services.

Time Publishing & Media Co (SHSE:600551) Headlines

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