Guangdong Construction Engineering Group Co (SZSE:002060) Days Sales Outstanding : 229.96 (As of Sep. 2024)

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What is Guangdong Construction Engineering Group Co Days Sales Outstanding?

Guangdong Construction Engineering Group Co's average Accounts Receivable for the three months ended in Sep. 2024 was ¥37,088 Mil. Guangdong Construction Engineering Group Co's Revenue for the three months ended in Sep. 2024 was ¥14,717 Mil. Hence, Guangdong Construction Engineering Group Co's Days Sales Outstanding for the three months ended in Sep. 2024 was 229.96.

The historical rank and industry rank for Guangdong Construction Engineering Group Co's Days Sales Outstanding or its related term are showing as below:

SZSE:002060' s Days Sales Outstanding Range Over the Past 10 Years
Min: 57.22 Med: 81.02 Max: 182.72
Current: 182.72

During the past 13 years, Guangdong Construction Engineering Group Co's highest Days Sales Outstanding was 182.72. The lowest was 57.22. And the median was 81.02.

SZSE:002060's Days Sales Outstanding is ranked worse than
84.65% of 1694 companies
in the Construction industry
Industry Median: 74.66 vs SZSE:002060: 182.72

Guangdong Construction Engineering Group Co's Days Sales Outstanding increased from Sep. 2023 (160.53) to Sep. 2024 (229.96).

Warning Sign:

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

Guangdong Construction Engineering Group Co Days Sales Outstanding Historical Data

The historical data trend for Guangdong Construction Engineering Group 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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Guangdong Construction Engineering Group Co Days Sales Outstanding Chart

Guangdong Construction Engineering Group Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

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88.12

131.30

157.35

79.95

146.46

Guangdong Construction Engineering Group 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															160.53	104.35	237.94	252.90	229.96

Competitive Comparison of Guangdong Construction Engineering Group Co's Days Sales Outstanding

For the Engineering & Construction subindustry, Guangdong Construction Engineering Group 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.

Guangdong Construction Engineering Group Co's Days Sales Outstanding Distribution in the Construction Industry

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

* The bar in red indicates where Guangdong Construction Engineering Group Co's Days Sales Outstanding falls into.

Guangdong Construction Engineering Group 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.

Guangdong Construction Engineering Group 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
=	( (29499.68	+	35396.669)	/	2 )	/	80863.11	*	365
=	32448.1745					/	80863.11	*	365
=	146.46

Guangdong Construction Engineering Group Co's Days Sales Outstanding for the quarter that ended in Sep. 2024 is calculated as:

	Days Sales Outstanding (Q: Sep. 2024 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Jun. 2024 )	+	Accounts Receivable (A: Sep. 2024 ))	/	count )	/	Revenue (A: Sep. 2024 )	*	Days in Period
=	( (36221.016	+	37954.247)	/	2 )	/	14716.524	*	365 / 4
=	37087.6315					/	14716.524	*	365 / 4
=	229.96

Guangdong Construction Engineering Group Co (SZSE:002060) Days Sales Outstanding Explanation

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

Guangdong Construction Engineering Group Co Days Sales Outstanding Related Terms

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Guangdong Construction Engineering Group Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Guangdong Construction Engineering Group Co Ltd (SZSE:002060) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

N/A

Address

No.1, West of Guangshen Avenue, A-1 Business Center, Building 1, Hydropower Plaza, Xintang Town, Zengcheng District, Guangdong Province, Guangzhou, CHN, 511340

Website

http://www.gdsdej.com

Guangdong Construction Engineering Group Co Ltd is a China-based company operating in the construction industry. It is engaged in the Water conservancy, hydropower and rail transit engineering construction, water power, wind power, solar photovoltaic clean energy power generation business, wind power tower equipment manufacturing business and building construction business n in China.

Executives

Ceng Chen Ping	Directors, executives
Li Xiang Kui	Director
Ceng Ling An	Executives
Zhu Dan	Directors, executives
Lin Kang Nan	Executives
Lin Guang Xi	Directors, executives, securities affairs represen
Xie Rong Guang	Supervisors
Song Guang Ming	Director
Wang Wei Dao	Directors, executives
Feng Bao Zhen	Directors, executives
Xie Yan Hui	Directors, executives
Zhang Yuan Fang	Director
Wei Zhi Yun	Director
Wei Guo Xian	Executives
Li Kui Yan	Director

Guangdong Construction Engineering Group Co Headlines

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