China Tianrui Group Cement Co (HKSE:01252) Days Sales Outstanding : 7.84 (As of Dec. 2023)

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What is China Tianrui Group Cement Co Days Sales Outstanding?

China Tianrui Group Cement Co's average Accounts Receivable for the six months ended in Dec. 2023 was HK$183 Mil. China Tianrui Group Cement Co's Revenue for the six months ended in Dec. 2023 was HK$4,255 Mil. Hence, China Tianrui Group Cement Co's Days Sales Outstanding for the six months ended in Dec. 2023 was 7.84.

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

HKSE:01252' s Days Sales Outstanding Range Over the Past 10 Years
Min: 4.23 Med: 7.41 Max: 26.01
Current: 6.88

During the past 13 years, China Tianrui Group Cement Co's highest Days Sales Outstanding was 26.01. The lowest was 4.23. And the median was 7.41.

HKSE:01252's Days Sales Outstanding is ranked better than
96.33% of 381 companies
in the Building Materials industry
Industry Median: 54.68 vs HKSE:01252: 6.88

China Tianrui Group Cement Co's Days Sales Outstanding declined from Dec. 2022 (11.02) to Dec. 2023 (7.84).

China Tianrui Group Cement Co Days Sales Outstanding Historical Data

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

China Tianrui Group Cement Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

Get a 7-Day Free Trial

6.09

4.23

4.74

5.07

5.88

China Tianrui Group Cement Co 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															9.87	12.75	11.02	6.92	7.84

Competitive Comparison of China Tianrui Group Cement Co's Days Sales Outstanding

For the Building Materials subindustry, China Tianrui Group Cement 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.

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

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

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

China Tianrui Group Cement 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.

China Tianrui Group Cement 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
=	( (122.125	+	156.088)	/	2 )	/	8628.614	*	365
=	139.1065					/	8628.614	*	365
=	5.88

China Tianrui Group Cement Co'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
=	( (209.615	+	156.088)	/	2 )	/	4255.075	*	365 / 2
=	182.8515					/	4255.075	*	365 / 2
=	7.84

China Tianrui Group Cement Co (HKSE:01252) 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 Tianrui Group Cement Co Days Sales Outstanding Related Terms

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China Tianrui Group Cement Co (HKSE:01252) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Building Materials » China Tianrui Group Cement Co Ltd (HKSE:01252) » Definitions » Days Sales Outstanding

Traded in Other Exchanges

T18:Germany

Address

No. 63 Guangcheng East Road, Henan Province, Ruzhou, CHN, 467500

Website

http://www.trcement.com

China Tianrui Group Cement Co Ltd, along with its subsidiaries, is engaged in the excavation of limestone, the production, and sale of cement and clinker. The company is organized into two geographic segments: Central China and Northeastern China of which Central China contributes the vast majority of total revenue.

Executives

Li Fengluan	2201 Interest of corporation controlled by you
Li Liufa	2201 Interest of corporation controlled by you
Tianrui (international) Holding Company Limited	2201 Interest of corporation controlled by you
Tianrui Group Company Limited	2201 Interest of corporation controlled by you
Yu Kuo Company Limited	2101 Beneficial owner
Carosse Limited	2201 Interest of corporation controlled by you
Holy Eagle Company Limited	2201 Interest of corporation controlled by you
Yu Qi Company Limited	2201 Interest of corporation controlled by you
China Cinda Asset Management Co., Ltd.	2201 Interest of corporation controlled by you
China Huarong (macau) International Company Limited	2201 Interest of corporation controlled by you
Zhong Guo Hua Rong Zi Chan Guan Li Gu Fen You Xian Gong Si	2201 Interest of corporation controlled by you
Zhong Guo Jin Chu Kou Yin Xing	2106 Person having a security interest in shares
Wu Tong Shu Tou Zi Ping Tai You Xian Ze Ren Gong Si	2201 Interest of corporation controlled by you
Best Ego Limited	2106 Person having a security interest in shares
China Huarong International Holdings Ltd	2201 Interest of corporation controlled by you

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