Shanghai Yimin Commercial Group Co (SHSE:600824) Days Sales Outstanding : 19.08 (As of Mar. 2024)

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What is Shanghai Yimin Commercial Group Co Days Sales Outstanding?

Shanghai Yimin Commercial Group Co's average Accounts Receivable for the three months ended in Mar. 2024 was ¥54.5 Mil. Shanghai Yimin Commercial Group Co's Revenue for the three months ended in Mar. 2024 was ¥260.9 Mil. Hence, Shanghai Yimin Commercial Group Co's Days Sales Outstanding for the three months ended in Mar. 2024 was 19.08.

The historical rank and industry rank for Shanghai Yimin Commercial Group Co's Days Sales Outstanding or its related term are showing as below:

SHSE:600824' s Days Sales Outstanding Range Over the Past 10 Years
Min: 8.36 Med: 16.89 Max: 22.23
Current: 21.32

During the past 13 years, Shanghai Yimin Commercial Group Co's highest Days Sales Outstanding was 22.23. The lowest was 8.36. And the median was 16.89.

SHSE:600824's Days Sales Outstanding is ranked worse than
56.71% of 1081 companies
in the Retail - Cyclical industry
Industry Median: 18.15 vs SHSE:600824: 21.32

Shanghai Yimin Commercial Group Co's Days Sales Outstanding increased from Mar. 2023 (18.20) to Mar. 2024 (19.08).

Shanghai Yimin Commercial Group Co Days Sales Outstanding Historical Data

The historical data trend for Shanghai Yimin 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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Shanghai Yimin Commercial Group Co Days Sales Outstanding Chart

Shanghai Yimin Commercial Group Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

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19.14

22.23

15.65

20.60

18.17

Shanghai Yimin Commercial Group 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															18.20	20.90	17.38	22.54	19.08

Competitive Comparison of Shanghai Yimin Commercial Group Co's Days Sales Outstanding

For the Department Stores subindustry, Shanghai Yimin 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.

Shanghai Yimin Commercial Group Co's Days Sales Outstanding Distribution in the Retail - Cyclical Industry

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

* The bar in red indicates where Shanghai Yimin Commercial Group Co's Days Sales Outstanding falls into.

Shanghai Yimin 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.

Shanghai Yimin 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
=	( (52.25	+	50.297)	/	2 )	/	1029.843	*	365
=	51.2735					/	1029.843	*	365
=	18.17

Shanghai Yimin Commercial Group 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
=	( (50.297	+	58.799)	/	2 )	/	260.903	*	365 / 4
=	54.548					/	260.903	*	365 / 4
=	19.08

Shanghai Yimin Commercial Group Co (SHSE:600824) Days Sales Outstanding Explanation

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

Shanghai Yimin Commercial Group Co Days Sales Outstanding Related Terms

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Shanghai Yimin Commercial Group Co (SHSE:600824) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Shanghai Yimin Commercial Group Co Ltd (SHSE:600824) » Definitions » Days Sales Outstanding

Traded in Other Exchanges

N/A

Address

No. 809A Huaihai Middle Road, Shanghai, Shanghai, CHN, 200020

Website

http://www.yimingroup.com

Shanghai Yimin Commercial Group Co Ltd is a China-based company engages in the variety of commercial business. Its main business areas include commercial chain development, commercial real estate operations, quasi-financial services, and equity investment cooperation. The company mainly operates businesses in Shanghai.

Executives

Du Ai Wu	Director
Huang Wen Qian	Supervisors
Shao Zhen Yao	Director

Shanghai Yimin Commercial Group Co (SHSE:600824) Headlines

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