Sun Art Retail Group (Sun Art Retail Group) Days Sales Outstanding : 14.16 (As of Sep. 2023)

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What is Sun Art Retail Group Days Sales Outstanding?

Sun Art Retail Group's average Accounts Receivable for the six months ended in Sep. 2023 was $380 Mil. Sun Art Retail Group's Revenue for the six months ended in Sep. 2023 was $4,901 Mil. Hence, Sun Art Retail Group's Days Sales Outstanding for the six months ended in Sep. 2023 was 14.16.

The historical rank and industry rank for Sun Art Retail Group's Days Sales Outstanding or its related term are showing as below:

SURRF' s Days Sales Outstanding Range Over the Past 10 Years
Min: 1.1 Med: 6.27 Max: 16.37
Current: 11.57

During the past 12 years, Sun Art Retail Group's highest Days Sales Outstanding was 16.37. The lowest was 1.10. And the median was 6.27.

SURRF's Days Sales Outstanding is ranked better than
60.7% of 1079 companies
in the Retail - Cyclical industry
Industry Median: 17.5 vs SURRF: 11.57

Sun Art Retail Group's Days Sales Outstanding declined from Sep. 2022 (14.92) to Sep. 2023 (14.16).

Sun Art Retail Group Days Sales Outstanding Historical Data

The historical data trend for Sun Art Retail Group'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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Sun Art Retail Group Days Sales Outstanding Chart

Sun Art Retail Group Annual Data

Trend

Dec12

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Mar22

Mar23

Days Sales Outstanding

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6.11

6.43

1.53

9.29

16.40

Sun Art Retail Group Semi-Annual Data
	Jun13	Dec13	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Sep21	Mar22	Sep22	Mar23	Sep23
Days Sales Outstanding	Get a 7-Day Free Trial															1.49	8.74	14.92	10.87	14.16

Competitive Comparison of Sun Art Retail Group's Days Sales Outstanding

For the Department Stores subindustry, Sun Art Retail Group'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.

Sun Art Retail Group's Days Sales Outstanding Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Sun Art Retail Group's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where Sun Art Retail Group's Days Sales Outstanding falls into.

Sun Art Retail Group 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.

Sun Art Retail Group's Days Sales Outstanding for the fiscal year that ended in Mar. 2023 is calculated as

	Days Sales Outstanding (A: Mar. 2023 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Mar. 2022 )	+	Accounts Receivable (A: Mar. 2023 ))	/	count )	/	Revenue (A: Mar. 2023 )	*	Days in Period
=	( (646.534	+	444.644)	/	2 )	/	12140.939	*	365
=	545.589					/	12140.939	*	365
=	16.40

Sun Art Retail Group's Days Sales Outstanding for the quarter that ended in Sep. 2023 is calculated as:

	Days Sales Outstanding (Q: Sep. 2023 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Mar. 2023 )	+	Accounts Receivable (A: Sep. 2023 ))	/	count )	/	Revenue (A: Sep. 2023 )	*	Days in Period
=	( (444.644	+	315.707)	/	2 )	/	4901.136	*	365 / 2
=	380.1755					/	4901.136	*	365 / 2
=	14.16

Sun Art Retail Group (OTCPK:SURRF) Days Sales Outstanding Explanation

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

Sun Art Retail Group Days Sales Outstanding Related Terms

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Sun Art Retail Group (Sun Art Retail Group) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Sun Art Retail Group Ltd (OTCPK:SURRF) » Definitions » Days Sales Outstanding

Traded in Other Exchanges

SURRY:USA 06808:Hong Kong SRI:Germany

Address

183 Queen’s Road East, Level 54, Hopewell Centre, Hong Kong, HKG

Website

https://www.sunartretail.com

Sun Art Retail Group Ltd is a hypermarket operator in China. As of 2019, the company had 491 hypermarket complexes under two banners: Auchan and RT-Mart, with a total gross floor area of 13.68 million square meters. Sun Art operates its business with hypermarkets, superstores, and mini stores under RT-Super and RT-Mini.

Sun Art Retail Group (Sun Art Retail Group) Headlines

From GuruFocus

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