Yinchuan Xinhua Commercial (Group) Co (SHSE:600785) Days Sales Outstanding : 17.67 (As of Sep. 2024)

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What is Yinchuan Xinhua Commercial (Group) Co Days Sales Outstanding?

Yinchuan Xinhua Commercial (Group) Co's average Accounts Receivable for the three months ended in Sep. 2024 was ¥285 Mil. Yinchuan Xinhua Commercial (Group) Co's Revenue for the three months ended in Sep. 2024 was ¥1,473 Mil. Hence, Yinchuan Xinhua Commercial (Group) Co's Days Sales Outstanding for the three months ended in Sep. 2024 was 17.67.

The historical rank and industry rank for Yinchuan Xinhua Commercial (Group) Co's Days Sales Outstanding or its related term are showing as below:

SHSE:600785' s Days Sales Outstanding Range Over the Past 10 Years
Min: 2.26 Med: 5.86 Max: 16.79
Current: 16.79

During the past 13 years, Yinchuan Xinhua Commercial (Group) Co's highest Days Sales Outstanding was 16.79. The lowest was 2.26. And the median was 5.86.

SHSE:600785's Days Sales Outstanding is ranked better than
52.47% of 1075 companies
in the Retail - Cyclical industry
Industry Median: 18.71 vs SHSE:600785: 16.79

Yinchuan Xinhua Commercial (Group) Co's Days Sales Outstanding increased from Sep. 2023 (16.48) to Sep. 2024 (17.67).

Yinchuan Xinhua Commercial (Group) Co Days Sales Outstanding Historical Data

The historical data trend for Yinchuan Xinhua Commercial (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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Yinchuan Xinhua Commercial (Group) Co Days Sales Outstanding Chart

Yinchuan Xinhua Commercial (Group) Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

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5.86

8.53

8.32

9.22

12.76

Yinchuan Xinhua Commercial (Group) Co Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Days Sales Outstanding	Get a 7-Day Free Trial															16.48	16.65	14.19	19.83	17.67

Competitive Comparison of Yinchuan Xinhua Commercial (Group) Co's Days Sales Outstanding

For the Department Stores subindustry, Yinchuan Xinhua Commercial (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.

Yinchuan Xinhua Commercial (Group) Co's Days Sales Outstanding Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Yinchuan Xinhua Commercial (Group) Co's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where Yinchuan Xinhua Commercial (Group) Co's Days Sales Outstanding falls into.

Yinchuan Xinhua Commercial (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.

Yinchuan Xinhua Commercial (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
=	( (171.189	+	252.745)	/	2 )	/	6065.428	*	365
=	211.967					/	6065.428	*	365
=	12.76

Yinchuan Xinhua Commercial (Group) Co's Days Sales Outstanding for the quarter that ended in Sep. 2024 is calculated as:

	Days Sales Outstanding (Q: Sep. 2024 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Jun. 2024 )	+	Accounts Receivable (A: Sep. 2024 ))	/	count )	/	Revenue (A: Sep. 2024 )	*	Days in Period
=	( (276.427	+	294.096)	/	2 )	/	1472.801	*	365 / 4
=	285.2615					/	1472.801	*	365 / 4
=	17.67

Yinchuan Xinhua Commercial (Group) Co (SHSE:600785) Days Sales Outstanding Explanation

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

Yinchuan Xinhua Commercial (Group) Co Days Sales Outstanding Related Terms

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Yinchuan Xinhua Commercial (Group) Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Yinchuan Xinhua Commercial (Group) Co Ltd (SHSE:600785) » Definitions » Days Sales Outstanding

Traded in Other Exchanges

N/A

Address

No. 97 Xinhua East Street, Xingqing District, Ningxia Hui Autonomous Region, Yinchuan, CHN, 750001

Website

http://www.xhbh.com.cn

Yinchuan Xinhua Commercial (Group) Co Ltd is a China-based company engaged in the operation of department stores, as well as the delivery of goods, household appliances, and wholesale products.

Executives

Liang Qing	Director
Deng Jun	Director
Ma Wei Hong	senior management
Zhang Feng Qin	Director
Li Bao Sheng	senior management
Zhou Ling	senior management
Xu Ming Feng	Director
Lu Yan	senior management
Liu Ying Qing	Supervisors
Ding Ai Bing	Supervisors
Wang Jin Lu	senior management

Yinchuan Xinhua Commercial (Group) Co Headlines

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