Bestsun Energy Co (SHSE:600681) Days Sales Outstanding : 15.88 (As of Mar. 2024)

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What is Bestsun Energy Co Days Sales Outstanding?

Bestsun Energy Co's average Accounts Receivable for the three months ended in Mar. 2024 was ¥353 Mil. Bestsun Energy Co's Revenue for the three months ended in Mar. 2024 was ¥2,025 Mil. Hence, Bestsun Energy Co's Days Sales Outstanding for the three months ended in Mar. 2024 was 15.88.

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

SHSE:600681' s Days Sales Outstanding Range Over the Past 10 Years
Min: 23.09 Med: 57.75 Max: 120.29
Current: 28.51

During the past 13 years, Bestsun Energy Co's highest Days Sales Outstanding was 120.29. The lowest was 23.09. And the median was 57.75.

SHSE:600681's Days Sales Outstanding is ranked better than
83.76% of 505 companies
in the Utilities - Regulated industry
Industry Median: 53.41 vs SHSE:600681: 28.51

Bestsun Energy Co's Days Sales Outstanding declined from Mar. 2023 (21.90) to Mar. 2024 (15.88).

Bestsun Energy Co Days Sales Outstanding Historical Data

The historical data trend for Bestsun Energy 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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Bestsun Energy Co Days Sales Outstanding Chart

Bestsun Energy Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

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82.88

69.29

46.20

31.39

23.13

Bestsun Energy 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															21.90	54.46	55.11	17.50	15.88

Competitive Comparison of Bestsun Energy Co's Days Sales Outstanding

For the Utilities - Regulated Gas subindustry, Bestsun Energy 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.

Bestsun Energy Co's Days Sales Outstanding Distribution in the Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, Bestsun Energy Co's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where Bestsun Energy Co's Days Sales Outstanding falls into.

Bestsun Energy 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.

Bestsun Energy 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
=	( (397.749	+	264.338)	/	2 )	/	5223.303	*	365
=	331.0435					/	5223.303	*	365
=	23.13

Bestsun Energy 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
=	( (264.338	+	440.73)	/	2 )	/	2025.111	*	365 / 4
=	352.534					/	2025.111	*	365 / 4
=	15.88

Bestsun Energy Co (SHSE:600681) Days Sales Outstanding Explanation

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

Bestsun Energy Co Days Sales Outstanding Related Terms

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Bestsun Energy Co (SHSE:600681) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Regulated » Bestsun Energy Co Ltd (SHSE:600681) » Definitions » Days Sales Outstanding

Traded in Other Exchanges

N/A

Address

No.1, Yangxin Road, Hanyang District, Hubei Province, Wuhan, CHN, 100022

Website

http://www.bestsungas.com

Bestsun Energy Co Ltd is a China-based company operates as a gas production and supply industry. It invests in natural gas pipelines, liquefied natural gas, and natural gas vehicle fillings stations.

Bestsun Energy Co (SHSE:600681) Headlines

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