China Hongqiao Group (HKSE:01378) Days Sales Outstanding : 14.20 (As of Dec. 2023)

View and export this data going back to 2011. Start your Free Trial

What is China Hongqiao Group Days Sales Outstanding?

China Hongqiao Group's average Accounts Receivable for the six months ended in Dec. 2023 was HK$5,777 Mil. China Hongqiao Group's Revenue for the six months ended in Dec. 2023 was HK$74,256 Mil. Hence, China Hongqiao Group's Days Sales Outstanding for the six months ended in Dec. 2023 was 14.20.

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

HKSE:01378' s Days Sales Outstanding Range Over the Past 10 Years
Min: 2.53 Med: 15.7 Max: 42.4
Current: 13.9

During the past 13 years, China Hongqiao Group's highest Days Sales Outstanding was 42.40. The lowest was 2.53. And the median was 15.70.

HKSE:01378's Days Sales Outstanding is ranked better than
77.06% of 789 companies
in the Metals & Mining industry
Industry Median: 42.39 vs HKSE:01378: 13.90

China Hongqiao Group's Days Sales Outstanding declined from Dec. 2022 (19.55) to Dec. 2023 (14.20).

China Hongqiao Group Days Sales Outstanding Historical Data

The historical data trend for China Hongqiao 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.

* Premium members only.

China Hongqiao Group Days Sales Outstanding Chart

China Hongqiao Group Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

Get a 7-Day Free Trial

37.29

42.40

27.56

17.46

13.93

China Hongqiao 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															20.64	21.33	19.55	13.58	14.20

Competitive Comparison of China Hongqiao Group's Days Sales Outstanding

For the Aluminum subindustry, China Hongqiao 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 Hongqiao Group's Days Sales Outstanding Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, China Hongqiao Group's Days Sales Outstanding distribution charts can be found below:

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

China Hongqiao 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 Hongqiao 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
=	( (5148.831	+	6003.48)	/	2 )	/	146154.707	*	365
=	5576.1555					/	146154.707	*	365
=	13.93

China Hongqiao 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
=	( (5550.749	+	6003.48)	/	2 )	/	74256.388	*	365 / 2
=	5777.1145					/	74256.388	*	365 / 2
=	14.20

China Hongqiao Group (HKSE:01378) 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 Hongqiao Group Days Sales Outstanding Related Terms

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

China Hongqiao Group (HKSE:01378) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » China Hongqiao Group Ltd (HKSE:01378) » Definitions » Days Sales Outstanding

Traded in Other Exchanges

CHHQF:USA H0Q:Germany

Address

Huixian One Road, Zouping Economic Development District, Shandong Province, Zouping, CHN, 256200

Website

http://www.hongqiaochina.com

China Hongqiao Group Ltd manufactures and sells aluminum products. Its products include molten aluminum alloy, aluminum alloy ingots, aluminum busbars, aluminum alloy processing products, and alumina products. The company has the manufacturing and sale of aluminum products segment. The company's geographical segments are China, India, Europe, Malaysia, and others, out of which China accounts for the majority of the revenue.

China Hongqiao Group (HKSE:01378) Headlines

No Headlines