China Education Resources (TSXV:CHN.H) Days Sales Outstanding : 269.03 (As of Sep. 2021)

View and export this data going back to 2000. Start your Free Trial

What is China Education Resources Days Sales Outstanding?

China Education Resources's average Accounts Receivable for the three months ended in Sep. 2021 was C$6.78 Mil. China Education Resources's Revenue for the three months ended in Sep. 2021 was C$2.30 Mil. Hence, China Education Resources's Days Sales Outstanding for the three months ended in Sep. 2021 was 269.03.

The historical rank and industry rank for China Education Resources's Days Sales Outstanding or its related term are showing as below:

TSXV:CHN.H's Days Sales Outstanding is not ranked ^*
in the Education industry.
Industry Median: 27.545
* Ranked among companies with meaningful Days Sales Outstanding only.

China Education Resources's Days Sales Outstanding declined from Sep. 2020 (440.61) to Sep. 2021 (269.03).

China Education Resources Days Sales Outstanding Historical Data

The historical data trend for China Education Resources'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.

China Education Resources Days Sales Outstanding Chart

China Education Resources Annual Data

Trend

Dec11

Dec12

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Days Sales Outstanding

Get a 7-Day Free Trial

126.71

151.91

147.12

150.39

166.00

China Education Resources Quarterly Data
	Dec16	Mar17	Jun17	Sep17	Dec17	Mar18	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21
Days Sales Outstanding	Get a 7-Day Free Trial															440.61	176.46	222.30	96.38	269.03

Competitive Comparison of China Education Resources's Days Sales Outstanding

For the Education & Training Services subindustry, China Education Resources'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.

China Education Resources's Days Sales Outstanding Distribution in the Education Industry

For the Education industry and Consumer Defensive sector, China Education Resources's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where China Education Resources's Days Sales Outstanding falls into.

China Education Resources 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.

China Education Resources's Days Sales Outstanding for the fiscal year that ended in Dec. 2020 is calculated as

	Days Sales Outstanding (A: Dec. 2020 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Dec. 2019 )	+	Accounts Receivable (A: Dec. 2020 ))	/	count )	/	Revenue (A: Dec. 2020 )	*	Days in Period
=	( (4.845	+	3.806)	/	2 )	/	9.511	*	365
=	4.3255					/	9.511	*	365
=	166.00

China Education Resources's Days Sales Outstanding for the quarter that ended in Sep. 2021 is calculated as:

	Days Sales Outstanding (Q: Sep. 2021 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Jun. 2021 )	+	Accounts Receivable (A: Sep. 2021 ))	/	count )	/	Revenue (A: Sep. 2021 )	*	Days in Period
=	( (6.601	+	6.955)	/	2 )	/	2.299	*	365 / 4
=	6.778					/	2.299	*	365 / 4
=	269.03

China Education Resources (TSXV:CHN.H) Days Sales Outstanding Explanation

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

China Education Resources Days Sales Outstanding Related Terms

Thank you for viewing the detailed overview of China Education Resources's Days Sales Outstanding provided by GuruFocus.com. Please click on the following links to see related term pages.

China Education Resources (TSXV:CHN.H) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Education » China Education Resources Inc (TSXV:CHN.H) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

N/A

Address

515 West Pender Street, Suite 300, Vancouver, BC, CAN, V6B 6H5

Website

http://www.chinaeducationresources.com

China Education Resources Inc provides an education internet portal with educational content, resources, and training programs to users and distributes educational textbooks and materials developed to bookstores and schools in China. The operations of the company are primarily in two geographic areas: Canada and China. China generates maximum revenue for the company.

China Education Resources (TSXV:CHN.H) Headlines

No Headlines