Shanghai Zhonggu Logistics Co (SHSE:603565) Days Sales Outstanding : 18.16 (As of Mar. 2024)

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What is Shanghai Zhonggu Logistics Co Days Sales Outstanding?

Shanghai Zhonggu Logistics Co's average Accounts Receivable for the three months ended in Mar. 2024 was ¥554 Mil. Shanghai Zhonggu Logistics Co's Revenue for the three months ended in Mar. 2024 was ¥2,785 Mil. Hence, Shanghai Zhonggu Logistics Co's Days Sales Outstanding for the three months ended in Mar. 2024 was 18.16.

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

SHSE:603565' s Days Sales Outstanding Range Over the Past 10 Years
Min: 13.24 Med: 15.46 Max: 17.85
Current: 17.85

During the past 10 years, Shanghai Zhonggu Logistics Co's highest Days Sales Outstanding was 17.85. The lowest was 13.24. And the median was 15.46.

SHSE:603565's Days Sales Outstanding is ranked better than
83.73% of 959 companies
in the Transportation industry
Industry Median: 46.08 vs SHSE:603565: 17.85

Shanghai Zhonggu Logistics Co's Days Sales Outstanding declined from Mar. 2023 (20.48) to Mar. 2024 (18.16).

Shanghai Zhonggu Logistics Co Days Sales Outstanding Historical Data

The historical data trend for Shanghai Zhonggu Logistics 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 Zhonggu Logistics Co Days Sales Outstanding Chart

Shanghai Zhonggu Logistics Co Annual Data

Trend

Dec13

Dec14

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

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15.72

15.82

14.34

14.09

16.16

Shanghai Zhonggu Logistics Co Quarterly Data
	Dec18	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															20.48	19.63	15.96	15.15	18.16

Competitive Comparison of Shanghai Zhonggu Logistics Co's Days Sales Outstanding

For the Integrated Freight & Logistics subindustry, Shanghai Zhonggu Logistics 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 Zhonggu Logistics Co's Days Sales Outstanding Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Shanghai Zhonggu Logistics Co's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where Shanghai Zhonggu Logistics Co's Days Sales Outstanding falls into.

Shanghai Zhonggu Logistics 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 Zhonggu Logistics 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
=	( (591.905	+	509.399)	/	2 )	/	12438.791	*	365
=	550.652					/	12438.791	*	365
=	16.16

Shanghai Zhonggu Logistics 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
=	( (509.399	+	599.184)	/	2 )	/	2785.277	*	365 / 4
=	554.2915					/	2785.277	*	365 / 4
=	18.16

Shanghai Zhonggu Logistics Co (SHSE:603565) 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 Zhonggu Logistics Co Days Sales Outstanding Related Terms

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Shanghai Zhonggu Logistics Co (SHSE:603565) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Shanghai Zhonggu Logistics Co Ltd (SHSE:603565) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

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Address

No. 3261, Dongfang Road, 15th Floor, Block B, Building 1, Pudong New Area, Shanghai, CHN, 200125

Website

http://www.zhonggu56.com

Shanghai Zhonggu Logistics Co Ltd is engaged in providing customers with customized and cost-effective door-to-door full container logistics solutions. The company has SQ boxes, coal boxes, special boxes, freezer boxes and other types of boxes, and more than 10,000 types of transport products. In addition to water transportation, the company integrates railways, highways and other resources. It provides a full range of multimodal transportation services such as sea-land transportation, river-sea transportation, water-water transfer, sea-rail transportation and cold chain transportation services.

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