China Shanshui Cement Group (HKSE:00691) Days Sales Outstanding : 28.18 (As of Dec. 2023)

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What is China Shanshui Cement Group Days Sales Outstanding?

China Shanshui Cement Group's average Accounts Receivable for the six months ended in Dec. 2023 was HK$1,565 Mil. China Shanshui Cement Group's Revenue for the six months ended in Dec. 2023 was HK$10,134 Mil. Hence, China Shanshui Cement Group's Days Sales Outstanding for the six months ended in Dec. 2023 was 28.18.

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

HKSE:00691' s Days Sales Outstanding Range Over the Past 10 Years
Min: 17.7 Med: 28.16 Max: 46.39
Current: 28.66

During the past 13 years, China Shanshui Cement Group's highest Days Sales Outstanding was 46.39. The lowest was 17.70. And the median was 28.16.

HKSE:00691's Days Sales Outstanding is ranked better than
80.58% of 381 companies
in the Building Materials industry
Industry Median: 54.68 vs HKSE:00691: 28.66

China Shanshui Cement Group's Days Sales Outstanding increased from Dec. 2022 (22.35) to Dec. 2023 (28.18).

China Shanshui Cement Group Days Sales Outstanding Historical Data

The historical data trend for China Shanshui Cement 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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China Shanshui Cement Group Days Sales Outstanding Chart

China Shanshui Cement Group Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

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17.70

18.65

24.96

33.01

28.02

China Shanshui Cement Group 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															21.77	33.59	22.35	29.81	28.18

Competitive Comparison of China Shanshui Cement Group's Days Sales Outstanding

For the Building Materials subindustry, China Shanshui Cement 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.

China Shanshui Cement Group's Days Sales Outstanding Distribution in the Building Materials Industry

For the Building Materials industry and Basic Materials sector, China Shanshui Cement Group's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where China Shanshui Cement Group's Days Sales Outstanding falls into.

China Shanshui Cement 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.

China Shanshui Cement Group'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
=	( (1537.267	+	1504.903)	/	2 )	/	19815.322	*	365
=	1521.085					/	19815.322	*	365
=	28.02

China Shanshui Cement Group'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
=	( (1625.034	+	1504.903)	/	2 )	/	10134.168	*	365 / 2
=	1564.9685					/	10134.168	*	365 / 2
=	28.18

China Shanshui Cement Group (HKSE:00691) 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 Shanshui Cement Group Days Sales Outstanding Related Terms

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China Shanshui Cement Group (HKSE:00691) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Building Materials » China Shanshui Cement Group Ltd (HKSE:00691) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

N/A

Address

Shanshui Industrial Park, Gushan Town, Changqing District, Shandong, Jinan, CHN, 250307

Website

http://www.shanshuicement.com

China Shanshui Cement Group Ltd is a cement producer in China. The company manufactures and sells cement, clinker, and concrete in several provinces of China. Its geographic segments include Shandong Province which contributes to the majority of revenue and several other provinces of China that include Northeastern China, Shanxi Province, and Xinjiang Region. Its products are used for national key projects, railways, highways, airports, real estates and other infrastructure construction and exported to more than 60 countries and other international markets.

Executives

Bo Hai Yin Hang Gu Fen You Xian Gong Si Da Lian Fen Hang	2106 Person having a security interest in shares
Shen Neng International Spc - Green Planet Sp	2101 Beneficial owner
Shen Neng Investment Management Limited	2101 Beneficial owner
Li Fengluan	2201 Interest of corporation controlled by you
Li Liufa	2201 Interest of corporation controlled by you
Tianrui (international) Holding Company Limited	2101 Beneficial owner
Tianrui Group Company Limited	2201 Interest of corporation controlled by you
Asia Cement Corporation	2101 Beneficial owner
Yu Yuan Investment Corporation Limited	2101 Beneficial owner
China Building Material Holdings Co., Limited	2101 Beneficial owner
China National Building Material Company Limited	2201 Interest of corporation controlled by you
China National Building Material Group Co., Ltd.	2201 Interest of corporation controlled by you

China Shanshui Cement Group (HKSE:00691) Headlines

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