Xiandai Investment Co (SZSE:000900) Days Sales Outstanding : 20.50 (As of Mar. 2024)

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What is Xiandai Investment Co Days Sales Outstanding?

Xiandai Investment Co's average Accounts Receivable for the three months ended in Mar. 2024 was ¥330 Mil. Xiandai Investment Co's Revenue for the three months ended in Mar. 2024 was ¥1,468 Mil. Hence, Xiandai Investment Co's Days Sales Outstanding for the three months ended in Mar. 2024 was 20.50.

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

SZSE:000900' s Days Sales Outstanding Range Over the Past 10 Years
Min: 6.6 Med: 13.24 Max: 17.99
Current: 17.99

During the past 13 years, Xiandai Investment Co's highest Days Sales Outstanding was 17.99. The lowest was 6.60. And the median was 13.24.

SZSE:000900's Days Sales Outstanding is ranked better than
95.44% of 1646 companies
in the Construction industry
Industry Median: 72.605 vs SZSE:000900: 17.99

Xiandai Investment Co's Days Sales Outstanding increased from Mar. 2023 (17.42) to Mar. 2024 (20.50).

Xiandai Investment Co Days Sales Outstanding Historical Data

The historical data trend for Xiandai Investment 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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Xiandai Investment Co Days Sales Outstanding Chart

Xiandai Investment Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

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11.44

7.79

6.60

7.98

15.71

Xiandai Investment 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															17.42	18.91	17.72	15.55	20.50

Competitive Comparison of Xiandai Investment Co's Days Sales Outstanding

For the Infrastructure Operations subindustry, Xiandai Investment 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.

Xiandai Investment Co's Days Sales Outstanding Distribution in the Construction Industry

For the Construction industry and Industrials sector, Xiandai Investment Co's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where Xiandai Investment Co's Days Sales Outstanding falls into.

Xiandai Investment 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.

Xiandai Investment 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
=	( (414.567	+	314.168)	/	2 )	/	8466.593	*	365
=	364.3675					/	8466.593	*	365
=	15.71

Xiandai Investment 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
=	( (314.168	+	345.189)	/	2 )	/	1467.514	*	365 / 4
=	329.6785					/	1467.514	*	365 / 4
=	20.50

Xiandai Investment Co (SZSE:000900) Days Sales Outstanding Explanation

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

Xiandai Investment Co Days Sales Outstanding Related Terms

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Xiandai Investment Co (SZSE:000900) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Xiandai Investment Co Ltd (SZSE:000900) » Definitions » Days Sales Outstanding

Traded in Other Exchanges

N/A

Address

Furong South Road, Modern Plaza, No. 128, Section 2, Tianxin District, Hunan, Changsha, CHN, 410004

Website

http://www.xdtz.net

Xiandai Investment Co Ltd constructs operates and manages highway in China. The company is also involved in futures trading, finance investment and real estate activities.

Executives

Chen Min	Supervisors
Du Ming Hui	Executives
Yuan Yu	Director
Yan Ru Yi	Executives
Bao Qun	Director
Zhang Ning	Executives
Liu Zhong	Supervisors
Ma Yu Guo	Secretary Dong
Jin Yong	Director
Xiao He Sheng	Supervisors
Liu Gui Liang	Director
Song Wei Jie	Director
Liu Yu Xin	Executives
Tian Ying Ming	Supervisors
Liu Chu Ping	Directors, executives

Xiandai Investment Co (SZSE:000900) Headlines

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