Dasheng Times Cultural Investment Co (SHSE:600892) Days Sales Outstanding : 29.42 (As of Mar. 2024)

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What is Dasheng Times Cultural Investment Co Days Sales Outstanding?

Dasheng Times Cultural Investment Co's average Accounts Receivable for the three months ended in Mar. 2024 was ¥13.1 Mil. Dasheng Times Cultural Investment Co's Revenue for the three months ended in Mar. 2024 was ¥40.6 Mil. Hence, Dasheng Times Cultural Investment Co's Days Sales Outstanding for the three months ended in Mar. 2024 was 29.42.

The historical rank and industry rank for Dasheng Times Cultural Investment Co's Days Sales Outstanding or its related term are showing as below:

SHSE:600892' s Days Sales Outstanding Range Over the Past 10 Years
Min: 23.51 Med: 136.29 Max: 1127.5
Current: 24.98

During the past 13 years, Dasheng Times Cultural Investment Co's highest Days Sales Outstanding was 1127.50. The lowest was 23.51. And the median was 136.29.

SHSE:600892's Days Sales Outstanding is ranked better than
88.6% of 1026 companies
in the Media - Diversified industry
Industry Median: 68.205 vs SHSE:600892: 24.98

Dasheng Times Cultural Investment Co's Days Sales Outstanding declined from Mar. 2023 (30.10) to Mar. 2024 (29.42).

Dasheng Times Cultural Investment Co Days Sales Outstanding Historical Data

The historical data trend for Dasheng Times Cultural Investment 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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Dasheng Times Cultural Investment Co Days Sales Outstanding Chart

Dasheng Times Cultural Investment Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

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158.59

42.74

36.48

31.54

23.51

Dasheng Times Cultural Investment 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															30.10	23.82	29.76	22.51	29.42

Competitive Comparison of Dasheng Times Cultural Investment Co's Days Sales Outstanding

For the Entertainment subindustry, Dasheng Times Cultural Investment 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.

Dasheng Times Cultural Investment Co's Days Sales Outstanding Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Dasheng Times Cultural Investment Co's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where Dasheng Times Cultural Investment Co's Days Sales Outstanding falls into.

Dasheng Times Cultural Investment 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.

Dasheng Times Cultural Investment 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
=	( (15.31	+	13.979)	/	2 )	/	227.392	*	365
=	14.6445					/	227.392	*	365
=	23.51

Dasheng Times Cultural Investment 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
=	( (13.979	+	12.195)	/	2 )	/	40.592	*	365 / 4
=	13.087					/	40.592	*	365 / 4
=	29.42

Dasheng Times Cultural Investment Co (SHSE:600892) Days Sales Outstanding Explanation

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

Dasheng Times Cultural Investment Co Days Sales Outstanding Related Terms

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Dasheng Times Cultural Investment Co (SHSE:600892) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » Dasheng Times Cultural Investment Co Ltd (SHSE:600892) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 6 Liyuan Road, Sungang Street, Room 08, 21st Floor, Material Holdings Land, Luohu District, Guangdong, Shenzhen, CHN, 518023

Website

http://www.600892.com.cn

Dasheng Times Cultural Investment Co Ltd along with its subsidiaries is engaged in the business of investment, production development of pan-cultural projects such as video games. It is also engaged in production and distribution of television activities.

Dasheng Times Cultural Investment Co (SHSE:600892) Headlines

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