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COSCO SHIPPING Holdings Co (STU:C6G) Days Sales Outstanding : 16.77 (As of Jun. 2024)


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What is COSCO SHIPPING Holdings Co Days Sales Outstanding?

COSCO SHIPPING Holdings Co's average Accounts Receivable for the three months ended in Jun. 2024 was €1,245 Mil. COSCO SHIPPING Holdings Co's Revenue for the three months ended in Jun. 2024 was €6,778 Mil. Hence, COSCO SHIPPING Holdings Co's Days Sales Outstanding for the three months ended in Jun. 2024 was 16.77.

The historical rank and industry rank for COSCO SHIPPING Holdings Co's Days Sales Outstanding or its related term are showing as below:

STU:C6G' s Days Sales Outstanding Range Over the Past 10 Years
Min: 10.74   Med: 21.51   Max: 32.43
Current: 14.34

During the past 13 years, COSCO SHIPPING Holdings Co's highest Days Sales Outstanding was 32.43. The lowest was 10.74. And the median was 21.51.

STU:C6G's Days Sales Outstanding is ranked better than
88.03% of 961 companies
in the Transportation industry
Industry Median: 46.02 vs STU:C6G: 14.34

COSCO SHIPPING Holdings Co's Days Sales Outstanding declined from Jun. 2023 (17.68) to Jun. 2024 (16.77).


COSCO SHIPPING Holdings Co Days Sales Outstanding Historical Data

The historical data trend for COSCO SHIPPING Holdings 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.

* Premium members only.

COSCO SHIPPING Holdings Co Days Sales Outstanding Chart

COSCO SHIPPING Holdings Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Sales Outstanding
Get a 7-Day Free Trial Premium Member Only Premium Member Only 20.15 18.86 10.84 10.36 18.52

COSCO SHIPPING Holdings Co Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
Days Sales Outstanding Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 17.56 16.42 14.82 16.77 13.19

Competitive Comparison of COSCO SHIPPING Holdings Co's Days Sales Outstanding

For the Marine Shipping subindustry, COSCO SHIPPING Holdings 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.


COSCO SHIPPING Holdings Co's Days Sales Outstanding Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, COSCO SHIPPING Holdings Co's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where COSCO SHIPPING Holdings Co's Days Sales Outstanding falls into.



COSCO SHIPPING Holdings 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.

COSCO SHIPPING Holdings 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
=( (1421.87 + 864.905) / 2 ) / 22532.364*365
=1143.3875 / 22532.364*365
=18.52

COSCO SHIPPING Holdings Co's Days Sales Outstanding for the quarter that ended in Jun. 2024 is calculated as:

Days Sales Outstanding (Q: Jun. 2024 )
=Average Accounts Receivable /Revenue*Days in Period
=( (Accounts Receivable (A: Mar. 2024 ) + Accounts Receivable (A: Jun. 2024 )) / count ) / Revenue (A: Jun. 2024 )*Days in Period
=( (1137.848 + 1353.071) / 2 ) / 6778.087*365 / 4
=1245.4595 / 6778.087*365 / 4
=16.77

* 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.


COSCO SHIPPING Holdings Co  (STU:C6G) Days Sales Outstanding Explanation

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


COSCO SHIPPING Holdings Co Days Sales Outstanding Related Terms

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COSCO SHIPPING Holdings Co Business Description

Traded in Other Exchanges
Address
No. 658 Dong Da Ming Road, 8th Floor, Shanghai, CHN, 200080
COSCO SHIPPING Holdings Co Ltd is an investment holding company. The company's operating segment includes the Container shipping business, Terminal business, and Corporate and other operations. It generates maximum revenue from the Container shipping business segment. Its geographical segments includes America, Europe, Asia Pacific, Mainland China, Other international market.

COSCO SHIPPING Holdings Co Headlines

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