China Development Bank Financial Leasing Co (HKSE:01606) Days Sales Outstanding : 2,987.89 (As of Dec. 2023)

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What is China Development Bank Financial Leasing Co Days Sales Outstanding?

China Development Bank Financial Leasing Co's average Accounts Receivable for the six months ended in Dec. 2023 was HK$218,451 Mil. China Development Bank Financial Leasing Co's Revenue for the six months ended in Dec. 2023 was HK$13,343 Mil. Hence, China Development Bank Financial Leasing Co's Days Sales Outstanding for the six months ended in Dec. 2023 was 2,987.89.

The historical rank and industry rank for China Development Bank Financial Leasing Co's Days Sales Outstanding or its related term are showing as below:

HKSE:01606' s Days Sales Outstanding Range Over the Past 10 Years
Min: 2508.81 Med: 3009.93 Max: 3248.26
Current: 3162.75

During the past 11 years, China Development Bank Financial Leasing Co's highest Days Sales Outstanding was 3248.26. The lowest was 2508.81. And the median was 3009.93.

HKSE:01606's Days Sales Outstanding is ranked worse than
99.81% of 1036 companies
in the Business Services industry
Industry Median: 58.73 vs HKSE:01606: 3162.75

China Development Bank Financial Leasing Co's Days Sales Outstanding declined from Dec. 2022 (3,233.98) to Dec. 2023 (2,987.89).

China Development Bank Financial Leasing Co Days Sales Outstanding Historical Data

The historical data trend for China Development Bank Financial Leasing 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 Development Bank Financial Leasing Co Days Sales Outstanding Chart

China Development Bank Financial Leasing Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

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2,989.30

3,104.74

3,030.55

3,248.26

3,129.46

China Development Bank Financial Leasing Co Semi-Annual Data
	Dec13	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															2,894.90	3,107.49	3,233.98	3,395.55	2,987.89

Competitive Comparison of China Development Bank Financial Leasing Co's Days Sales Outstanding

For the Rental & Leasing Services subindustry, China Development Bank Financial Leasing 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 Development Bank Financial Leasing Co's Days Sales Outstanding Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, China Development Bank Financial Leasing Co's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where China Development Bank Financial Leasing Co's Days Sales Outstanding falls into.

China Development Bank Financial Leasing 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 Development Bank Financial Leasing 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
=	( (217224.525	+	214270.481)	/	2 )	/	25163.367	*	365
=	215747.503					/	25163.367	*	365
=	3,129.46

China Development Bank Financial Leasing 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
=	( (222631.424	+	214270.481)	/	2 )	/	13342.953	*	365 / 2
=	218450.9525					/	13342.953	*	365 / 2
=	2,987.89

China Development Bank Financial Leasing Co (HKSE:01606) 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 Development Bank Financial Leasing Co Days Sales Outstanding Related Terms

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China Development Bank Financial Leasing Co (HKSE:01606) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » China Development Bank Financial Leasing Co Ltd (HKSE:01606) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

2C6:Germany

Address

No. 2003 Fuzhong, Third Road, CDB Financial Center, Futian District, Guangdong Province, Shenzhen, CHN, 518026

Website

http://www.cdb-leasing.com

China Development Bank Financial Leasing Co Ltd is engaged in providing leasing services to customers in industries such as aviation, infrastructure, shipping, commercial vehicle, and construction machinery. The operating business segments are Aircraft Leasing, Infrastructure Leasing, Ship Leasing, Inclusive Finance, and Other Leasing businesses. The activities of the company include finance lease business, accepting lease deposits, interbank lending, an project consultancy, and providing a guarantee.

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