Tian Lun Gas Holdings (HKSE:01600) Days Sales Outstanding : 60.57 (As of Dec. 2023)

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What is Tian Lun Gas Holdings Days Sales Outstanding?

Tian Lun Gas Holdings's average Accounts Receivable for the six months ended in Dec. 2023 was HK$1,365 Mil. Tian Lun Gas Holdings's Revenue for the six months ended in Dec. 2023 was HK$4,111 Mil. Hence, Tian Lun Gas Holdings's Days Sales Outstanding for the six months ended in Dec. 2023 was 60.57.

The historical rank and industry rank for Tian Lun Gas Holdings's Days Sales Outstanding or its related term are showing as below:

HKSE:01600' s Days Sales Outstanding Range Over the Past 10 Years
Min: 14.71 Med: 31 Max: 100.03
Current: 46.86

During the past 13 years, Tian Lun Gas Holdings's highest Days Sales Outstanding was 100.03. The lowest was 14.71. And the median was 31.00.

HKSE:01600's Days Sales Outstanding is ranked better than
57.94% of 504 companies
in the Utilities - Regulated industry
Industry Median: 53.495 vs HKSE:01600: 46.86

Tian Lun Gas Holdings's Days Sales Outstanding increased from Dec. 2022 (23.02) to Dec. 2023 (60.57).

Tian Lun Gas Holdings Days Sales Outstanding Historical Data

The historical data trend for Tian Lun Gas Holdings'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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Tian Lun Gas Holdings Days Sales Outstanding Chart

Tian Lun Gas Holdings Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

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20.97

15.26

14.71

20.88

20.34

Tian Lun Gas Holdings 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															14.46	20.44	23.02	59.69	60.57

Competitive Comparison of Tian Lun Gas Holdings's Days Sales Outstanding

For the Utilities - Regulated Gas subindustry, Tian Lun Gas Holdings'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.

Tian Lun Gas Holdings's Days Sales Outstanding Distribution in the Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, Tian Lun Gas Holdings's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where Tian Lun Gas Holdings's Days Sales Outstanding falls into.

Tian Lun Gas Holdings 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.

Tian Lun Gas Holdings'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
=	( (525.19	+	416.557)	/	2 )	/	8449.932	*	365
=	470.8735					/	8449.932	*	365
=	20.34

Tian Lun Gas Holdings'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
=	( (2312.664	+	416.557)	/	2 )	/	4111.293	*	365 / 2
=	1364.6105					/	4111.293	*	365 / 2
=	60.57

Tian Lun Gas Holdings (HKSE:01600) Days Sales Outstanding Explanation

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

Tian Lun Gas Holdings Days Sales Outstanding Related Terms

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Tian Lun Gas Holdings (HKSE:01600) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Regulated » Tian Lun Gas Holdings Ltd (HKSE:01600) » Definitions » Days Sales Outstanding

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TLJ:Germany

Address

No. 6 Huang He East Road, 4th Floor, Tian Lun Group Building, Zheng Dong Xin District, Henan Province, Zhengzhou City, CHN, 450003

Website

https://www.tianlungas.com

Tian Lun Gas Holdings Ltd is a Chinese investment holding company whose subsidiaries are engaged in the investment, operation and management of gas pipeline connections, transportation, distribution and sales of gas, construction and operation of gas filling stations, and production and sales of LNG in the People's Republic of China. The segments of the company are sale of natural gas in cylinders, sale of natural gas in bulk and engineering construction services. The company derives majority of its revenue from the sale of natural gas.

Tian Lun Gas Holdings (HKSE:01600) Headlines

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