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New Times Energy (HKSE:00166) Days Sales Outstanding : 3.23 (As of Dec. 2023)


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What is New Times Energy Days Sales Outstanding?

New Times Energy's average Accounts Receivable for the six months ended in Dec. 2023 was HK$169 Mil. New Times Energy's Revenue for the six months ended in Dec. 2023 was HK$9,548 Mil. Hence, New Times Energy's Days Sales Outstanding for the six months ended in Dec. 2023 was 3.23.

The historical rank and industry rank for New Times Energy's Days Sales Outstanding or its related term are showing as below:

HKSE:00166' s Days Sales Outstanding Range Over the Past 10 Years
Min: 1.82   Med: 54.01   Max: 620.85
Current: 2.35

During the past 13 years, New Times Energy's highest Days Sales Outstanding was 620.85. The lowest was 1.82. And the median was 54.01.

HKSE:00166's Days Sales Outstanding is ranked better than
94.78% of 786 companies
in the Metals & Mining industry
Industry Median: 42.45 vs HKSE:00166: 2.35

New Times Energy's Days Sales Outstanding stayed the same from Dec. 2022 (3.23) to Dec. 2023 (3.23).


New Times Energy Days Sales Outstanding Historical Data

The historical data trend for New Times Energy'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.

New Times Energy Days Sales Outstanding Chart

New Times Energy 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 42.22 3.58 4.47 3.17 1.82

New Times Energy Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
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 3.13 3.52 3.23 2.26 3.23

Competitive Comparison of New Times Energy's Days Sales Outstanding

For the Other Industrial Metals & Mining subindustry, New Times Energy'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.


New Times Energy's Days Sales Outstanding Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, New Times Energy's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where New Times Energy's Days Sales Outstanding falls into.



New Times Energy 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.

New Times Energy'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
=( (166.7 + 93.4) / 2 ) / 26150.2*365
=130.05 / 26150.2*365
=1.82

New Times Energy's Days Sales Outstanding for the quarter that ended in Dec. 2023 is calculated as:

Days Sales Outstanding (Q: Dec. 2023 )
=Average Accounts Receivable /Revenue*Days in Period
=( (Accounts Receivable (A: Jun. 2023 ) + Accounts Receivable (A: Dec. 2023 )) / count ) / Revenue (A: Dec. 2023 )*Days in Period
=( (244.2 + 93.4) / 2 ) / 9548*365 / 2
=168.8 / 9548*365 / 2
=3.23

* 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.


New Times Energy  (HKSE:00166) Days Sales Outstanding Explanation

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


New Times Energy Days Sales Outstanding Related Terms

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New Times Energy (HKSE:00166) Business Description

Traded in Other Exchanges
N/A
Address
16-18 Queen’s Road Central, Room 1402, 14th Floor, New World Tower I, Hong Kong, HKG
New Times Energy Corp Ltd is an investment holding company. The company's operating segment includes Upstream, which is engaged in the exploration, development, production, and sale of crude oil; and the General and commodities trading segment includes trading of non-ferrous metals, gold, and petroleum-related products. The Company operates its business through two segments. The General and Commodities Refinery and Trading segment and The Upstream segment. It generates maximum revenue from the Commodities trading segment. The company's geographical segments are Hong Kong, Mainland China, Argentina, Singapore, and the United Arab Emirates, of which Hong Kong accounts for the majority of its revenue.
Executives
Elberta Holdings Limited 2101 Beneficial owner
Cheng Yu Tung Family (holdings Ii) Limited 2201 Interest of corporation controlled by you
Cheng Yu Tung Family (holdings) Limited 2201 Interest of corporation controlled by you
Chow Tai Fook (holding) Limited 2201 Interest of corporation controlled by you
Chow Tai Fook Capital Limited 2201 Interest of corporation controlled by you
Chow Tai Fook Nominee Limited 2201 Interest of corporation controlled by you
Max Sun Enterprises Limited 2101 Beneficial owner

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