Grandtop Yongxing Group Co (SHSE:601033) Days Sales Outstanding : 146.50 (As of Mar. 2024)

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What is Grandtop Yongxing Group Co Days Sales Outstanding?

Grandtop Yongxing Group Co's average Accounts Receivable for the three months ended in Mar. 2024 was ¥1,490 Mil. Grandtop Yongxing Group Co's Revenue for the three months ended in Mar. 2024 was ¥928 Mil. Hence, Grandtop Yongxing Group Co's Days Sales Outstanding for the three months ended in Mar. 2024 was 146.50.

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

SHSE:601033' s Days Sales Outstanding Range Over the Past 10 Years
Min: 82.08 Med: 93.57 Max: 143.54
Current: 143.54

During the past 5 years, Grandtop Yongxing Group Co's highest Days Sales Outstanding was 143.54. The lowest was 82.08. And the median was 93.57.

SHSE:601033's Days Sales Outstanding is ranked worse than
73.91% of 230 companies
in the Waste Management industry
Industry Median: 71.315 vs SHSE:601033: 143.54

Grandtop Yongxing Group Co's Days Sales Outstanding increased from Mar. 2023 (105.59) to Mar. 2024 (146.50).

Warning Sign:

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

Grandtop Yongxing Group Co Days Sales Outstanding Historical Data

The historical data trend for Grandtop Yongxing 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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Grandtop Yongxing Group Co Days Sales Outstanding Chart

Grandtop Yongxing Group Co Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

91.17

82.08

93.57

102.68

128.40

Grandtop Yongxing Group Co Quarterly Data
	Dec19	Dec20	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Days Sales Outstanding	Get a 7-Day Free Trial							105.59	133.03	128.25	156.86	146.50

Competitive Comparison of Grandtop Yongxing Group Co's Days Sales Outstanding

For the Waste Management subindustry, Grandtop Yongxing 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.

Grandtop Yongxing Group Co's Days Sales Outstanding Distribution in the Waste Management Industry

For the Waste Management industry and Industrials sector, Grandtop Yongxing Group Co's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where Grandtop Yongxing Group Co's Days Sales Outstanding falls into.

Grandtop Yongxing 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.

Grandtop Yongxing 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
=	( (1018.293	+	1469.875)	/	2 )	/	3536.464	*	365
=	1244.084					/	3536.464	*	365
=	128.40

Grandtop Yongxing 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
=	( (1469.875	+	1510.98)	/	2 )	/	928.318	*	365 / 4
=	1490.4275					/	928.318	*	365 / 4
=	146.50

Grandtop Yongxing Group Co (SHSE:601033) Days Sales Outstanding Explanation

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

Grandtop Yongxing Group Co Days Sales Outstanding Related Terms

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Grandtop Yongxing Group Co (SHSE:601033) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Waste Management » Grandtop Yongxing Group Co Ltd (SHSE:601033) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

N/A

Address

Website

Grandtop Yongxing Group Co Ltd is engaged in the waste incineration power generation business. The company focuses on clean energy production and focuses on the harmless, reduction, and resource utilization treatment of solid waste.

Grandtop Yongxing Group Co (SHSE:601033) Headlines

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