Shanghai CDXJ Digital Technology Co (SHSE:603887) Days Sales Outstanding : 621.32 (As of Mar. 2024)

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What is Shanghai CDXJ Digital Technology Co Days Sales Outstanding?

Shanghai CDXJ Digital Technology Co's average Accounts Receivable for the three months ended in Mar. 2024 was ¥1,658 Mil. Shanghai CDXJ Digital Technology Co's Revenue for the three months ended in Mar. 2024 was ¥243 Mil. Hence, Shanghai CDXJ Digital Technology Co's Days Sales Outstanding for the three months ended in Mar. 2024 was 621.32.

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

SHSE:603887' s Days Sales Outstanding Range Over the Past 10 Years
Min: 108.23 Med: 156.32 Max: 319.63
Current: 319.63

During the past 13 years, Shanghai CDXJ Digital Technology Co's highest Days Sales Outstanding was 319.63. The lowest was 108.23. And the median was 156.32.

SHSE:603887's Days Sales Outstanding is ranked worse than
94.11% of 1646 companies
in the Construction industry
Industry Median: 73.13 vs SHSE:603887: 319.63

Shanghai CDXJ Digital Technology Co's Days Sales Outstanding increased from Mar. 2023 (344.93) to Mar. 2024 (621.32).

Warning Sign:

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

Shanghai CDXJ Digital Technology Co Days Sales Outstanding Historical Data

The historical data trend for Shanghai CDXJ Digital Technology 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 CDXJ Digital Technology Co Days Sales Outstanding Chart

Shanghai CDXJ Digital Technology Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

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135.60

173.80

265.11

295.84

306.33

Shanghai CDXJ Digital Technology 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															344.93	467.40	477.17	155.51	621.32

Competitive Comparison of Shanghai CDXJ Digital Technology Co's Days Sales Outstanding

For the Engineering & Construction subindustry, Shanghai CDXJ Digital Technology 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 CDXJ Digital Technology Co's Days Sales Outstanding Distribution in the Construction Industry

For the Construction industry and Industrials sector, Shanghai CDXJ Digital Technology Co's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where Shanghai CDXJ Digital Technology Co's Days Sales Outstanding falls into.

Shanghai CDXJ Digital Technology 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 CDXJ Digital Technology 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
=	( (2151.221	+	1827.562)	/	2 )	/	2370.425	*	365
=	1989.3915					/	2370.425	*	365
=	306.33

Shanghai CDXJ Digital Technology 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
=	( (1827.562	+	1488.099)	/	2 )	/	243.477	*	365 / 4
=	1657.8305					/	243.477	*	365 / 4
=	621.32

Shanghai CDXJ Digital Technology Co (SHSE:603887) 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 CDXJ Digital Technology Co Days Sales Outstanding Related Terms

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Shanghai CDXJ Digital Technology Co (SHSE:603887) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Shanghai CDXJ Digital Technology Co Ltd (SHSE:603887) » Definitions » Days Sales Outstanding

Traded in Other Exchanges

N/A

Address

Heng Wing Road, Lane 518 Zone 1 502-1 B, Jiading District, Shanghai, CHN, 200062

Website

http://www.shcd.cc

Shanghai CDXJ Digital Technology Co Ltd, formerly known as Shanghai Chengdi Construction Corp Ltd is involved in the business of foundation pit, pile foundation engineering, real estate, industrial, municipal, public buildings and other underground spaces in China. Its business mainly includes the construction services related to static press piles, broad piles, cement-soil mixing piles and other foundation work.

Executives

Xie Xiao Dong	Directors, senior managers
Wang Qi	senior management
Chen Wei Min	Director
Zhou Yu Shi	senior management
Xie Shu Dong	Director
Liu Guo Feng	Director

Shanghai CDXJ Digital Technology Co (SHSE:603887) Headlines

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