Weigang Environmental Technology Holding Group (HKSE:01845) Days Sales Outstanding : 197.81 (As of Dec. 2023)

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What is Weigang Environmental Technology Holding Group Days Sales Outstanding?

Weigang Environmental Technology Holding Group's average Accounts Receivable for the six months ended in Dec. 2023 was HK$197.7 Mil. Weigang Environmental Technology Holding Group's Revenue for the six months ended in Dec. 2023 was HK$182.4 Mil. Hence, Weigang Environmental Technology Holding Group's Days Sales Outstanding for the six months ended in Dec. 2023 was 197.81.

The historical rank and industry rank for Weigang Environmental Technology Holding Group's Days Sales Outstanding or its related term are showing as below:

HKSE:01845' s Days Sales Outstanding Range Over the Past 10 Years
Min: 67.94 Med: 96.84 Max: 268.66
Current: 258.21

During the past 9 years, Weigang Environmental Technology Holding Group's highest Days Sales Outstanding was 268.66. The lowest was 67.94. And the median was 96.84.

HKSE:01845's Days Sales Outstanding is ranked worse than
86.46% of 229 companies
in the Waste Management industry
Industry Median: 71.35 vs HKSE:01845: 258.21

Weigang Environmental Technology Holding Group's Days Sales Outstanding increased from Dec. 2022 (188.60) to Dec. 2023 (197.81).

Warning Sign:

If a company's sales outstanding increases, it means it has difficulty collecting payments from its customers.

Weigang Environmental Technology Holding Group Days Sales Outstanding Historical Data

The historical data trend for Weigang Environmental Technology Holding 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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Weigang Environmental Technology Holding Group Days Sales Outstanding Chart

Weigang Environmental Technology Holding Group Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

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84.53

96.84

107.23

183.66

268.66

Weigang Environmental Technology Holding Group Semi-Annual Data
	Dec15	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Days Sales Outstanding	Get a 7-Day Free Trial											93.43	135.02	188.60	359.05	197.81

Competitive Comparison of Weigang Environmental Technology Holding Group's Days Sales Outstanding

For the Waste Management subindustry, Weigang Environmental Technology Holding 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.

Weigang Environmental Technology Holding Group's Days Sales Outstanding Distribution in the Waste Management Industry

For the Waste Management industry and Industrials sector, Weigang Environmental Technology Holding Group's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where Weigang Environmental Technology Holding Group's Days Sales Outstanding falls into.

Weigang Environmental Technology Holding 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.

Weigang Environmental Technology Holding 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
=	( (193.032	+	215.056)	/	2 )	/	277.218	*	365
=	204.044					/	277.218	*	365
=	268.66

Weigang Environmental Technology Holding 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
=	( (180.253	+	215.056)	/	2 )	/	182.352	*	365 / 2
=	197.6545					/	182.352	*	365 / 2
=	197.81

Weigang Environmental Technology Holding Group (HKSE:01845) Days Sales Outstanding Explanation

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

Weigang Environmental Technology Holding Group Days Sales Outstanding Related Terms

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Weigang Environmental Technology Holding Group (HKSE:01845) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Waste Management » Weigang Environmental Technology Holding Group Ltd (HKSE:01845) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 181 Science Boulevard, 14-15 Floor, Block A4, Guangdong Province, Guangzhou, CHN

Website

http://www.gzweigang.com

Weigang Environmental Technology Holding Group Ltd is a comprehensive hazardous waste incineration turnkey solution provider in China. The company focuses on the research, design, integration, and commissioning of solid waste treatment systems, for hazardous waste incineration. It has registered patents and has pending registration in the PRC relating to hazardous waste incineration technologies and also owns registered software copyrights in the PRC relating to the monitoring and control of hazardous waste incineration systems. The operating segments of the group are hazardous waste incineration solutions, oilfield auxiliary services and thermal desorption of oil sludge, cement plant parallel kiln cotreatment services and pyrolysis solid waste treatment solutions.

Executives

Zhang Weiyang	2201 Interest of corporation controlled by you
Weigang Green Technology Limited	2201 Interest of corporation controlled by you
Weigang Technology Limited	2101 Beneficial owner
Zhou Wenying	2202 Interest of your spouse
Dhw Holdings Limited	2101 Beneficial owner
Cai Zhuhua	2201 Interest of corporation controlled by you
Huang Ying	2202 Interest of your spouse

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