Guangdong Meiyan Jixiang Hydropower Co (SHSE:600868) Days Sales Outstanding : 1,435.91 (As of Mar. 2024)

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What is Guangdong Meiyan Jixiang Hydropower Co Days Sales Outstanding?

Guangdong Meiyan Jixiang Hydropower Co's average Accounts Receivable for the three months ended in Mar. 2024 was ¥365.0 Mil. Guangdong Meiyan Jixiang Hydropower Co's Revenue for the three months ended in Mar. 2024 was ¥23.2 Mil. Hence, Guangdong Meiyan Jixiang Hydropower Co's Days Sales Outstanding for the three months ended in Mar. 2024 was 1,435.91.

The historical rank and industry rank for Guangdong Meiyan Jixiang Hydropower Co's Days Sales Outstanding or its related term are showing as below:

SHSE:600868' s Days Sales Outstanding Range Over the Past 10 Years
Min: 15.92 Med: 40.13 Max: 548.74
Current: 548.74

During the past 13 years, Guangdong Meiyan Jixiang Hydropower Co's highest Days Sales Outstanding was 548.74. The lowest was 15.92. And the median was 40.13.

SHSE:600868's Days Sales Outstanding is ranked worse than
95.59% of 408 companies
in the Utilities - Independent Power Producers industry
Industry Median: 66.365 vs SHSE:600868: 548.74

Guangdong Meiyan Jixiang Hydropower Co's Days Sales Outstanding increased from Mar. 2023 (453.45) to Mar. 2024 (1,435.91).

Warning Sign:

If a company's sales outstanding increases, it means it has difficulty collecting payments from its customers.

Guangdong Meiyan Jixiang Hydropower Co Days Sales Outstanding Historical Data

The historical data trend for Guangdong Meiyan Jixiang Hydropower 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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Guangdong Meiyan Jixiang Hydropower Co Days Sales Outstanding Chart

Guangdong Meiyan Jixiang Hydropower Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

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15.92

16.01

117.83

226.40

444.18

Guangdong Meiyan Jixiang Hydropower 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															453.45	481.98	446.23	481.39	1,435.91

Competitive Comparison of Guangdong Meiyan Jixiang Hydropower Co's Days Sales Outstanding

For the Utilities - Renewable subindustry, Guangdong Meiyan Jixiang Hydropower 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.

Guangdong Meiyan Jixiang Hydropower Co's Days Sales Outstanding Distribution in the Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, Guangdong Meiyan Jixiang Hydropower Co's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where Guangdong Meiyan Jixiang Hydropower Co's Days Sales Outstanding falls into.

Guangdong Meiyan Jixiang Hydropower 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.

Guangdong Meiyan Jixiang Hydropower 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
=	( (383.297	+	380.139)	/	2 )	/	313.675	*	365
=	381.718					/	313.675	*	365
=	444.18

Guangdong Meiyan Jixiang Hydropower 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
=	( (380.139	+	349.789)	/	2 )	/	23.193	*	365 / 4
=	364.964					/	23.193	*	365 / 4
=	1,435.91

Guangdong Meiyan Jixiang Hydropower Co (SHSE:600868) Days Sales Outstanding Explanation

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

Guangdong Meiyan Jixiang Hydropower Co Days Sales Outstanding Related Terms

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Guangdong Meiyan Jixiang Hydropower Co (SHSE:600868) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Independent Power Producers » Guangdong Meiyan Jixiang Hydropower Co Ltd (SHSE:600868) » Definitions » Days Sales Outstanding

Traded in Other Exchanges

N/A

Address

Meiyan Builing, Wanshuitang County, Meizhou, Guangdong, CHN, 514011

Website

http://www.chinameiyan.com

Guangdong Meiyan Jixiang Hydropower Co Ltd is mainly engaged in power generation and hydropower generation in China. The company's main business is hydropower generation. Its business divisions include hydroelectric generation, copper foil production, cement industry, silver mining, education services business and sales. The company mainly operates its business in Guangdong Province.

Executives

Li Ming	Director
Zhu Bao Rong	Supervisors
Huang Zeng Xiao	senior management
Yang Qin Huan	senior management
Qiu Xiu Rong	Supervisors
Wang Rong Hui	Director
Xia Wen Mei	Supervisors
Wan Wen Sheng	Supervisors

Guangdong Meiyan Jixiang Hydropower Co (SHSE:600868) Headlines

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