China Gas Industry Investment Holdings Co (HKSE:01940) Days Sales Outstanding : 138.61 (As of Dec. 2023)

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What is China Gas Industry Investment Holdings Co Days Sales Outstanding?

China Gas Industry Investment Holdings Co's average Accounts Receivable for the six months ended in Dec. 2023 was HK$651 Mil. China Gas Industry Investment Holdings Co's Revenue for the six months ended in Dec. 2023 was HK$857 Mil. Hence, China Gas Industry Investment Holdings Co's Days Sales Outstanding for the six months ended in Dec. 2023 was 138.61.

The historical rank and industry rank for China Gas Industry Investment Holdings Co's Days Sales Outstanding or its related term are showing as below:

HKSE:01940' s Days Sales Outstanding Range Over the Past 10 Years
Min: 37.2 Med: 82.84 Max: 144.29
Current: 144.29

During the past 7 years, China Gas Industry Investment Holdings Co's highest Days Sales Outstanding was 144.29. The lowest was 37.20. And the median was 82.84.

HKSE:01940's Days Sales Outstanding is ranked worse than
86.9% of 504 companies
in the Utilities - Regulated industry
Industry Median: 53.835 vs HKSE:01940: 144.29

China Gas Industry Investment Holdings Co's Days Sales Outstanding increased from Dec. 2022 (115.50) to Dec. 2023 (138.61).

China Gas Industry Investment Holdings Co Days Sales Outstanding Historical Data

The historical data trend for China Gas Industry Investment Holdings 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 Gas Industry Investment Holdings Co Days Sales Outstanding Chart

China Gas Industry Investment Holdings Co Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

Get a 7-Day Free Trial

72.00

82.84

105.08

127.54

137.42

China Gas Industry Investment Holdings Co Semi-Annual Data
	Dec17	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Days Sales Outstanding	Get a 7-Day Free Trial							108.27	132.66	115.50	157.80	138.61

Competitive Comparison of China Gas Industry Investment Holdings Co's Days Sales Outstanding

For the Utilities - Regulated Gas subindustry, China Gas Industry Investment Holdings 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 Gas Industry Investment Holdings Co's Days Sales Outstanding Distribution in the Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, China Gas Industry Investment Holdings Co's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where China Gas Industry Investment Holdings Co's Days Sales Outstanding falls into.

China Gas Industry Investment Holdings 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 Gas Industry Investment Holdings 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
=	( (633.217	+	594.926)	/	2 )	/	1630.993	*	365
=	614.0715					/	1630.993	*	365
=	137.42

China Gas Industry Investment Holdings 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
=	( (706.081	+	594.926)	/	2 )	/	856.512	*	365 / 2
=	650.5035					/	856.512	*	365 / 2
=	138.61

China Gas Industry Investment Holdings Co (HKSE:01940) 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 Gas Industry Investment Holdings Co Days Sales Outstanding Related Terms

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China Gas Industry Investment Holdings Co (HKSE:01940) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Regulated » China Gas Industry Investment Holdings Co Ltd (HKSE:01940) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

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Address

No. 9 Binhe Road, Lubei District, Hebei Province, Tangshan, CHN

Website

https://www.cgiiholdings.com

China Gas Industry Investment Holdings Co Ltd is an industrial gas supplier in the Jing-Jin-Ji Region. It is focused on the supply of pipeline industrial gas and liquefied industrial gas and also operates an LNG-related business which includes the supply of LNG and provision of gas transmission service relatively small scale. The company produces and supplies liquefied industrial gas to offsite independent end-user customers. Its segments include the Supply of industrial gas; Liquefied natural gas (LNG) and gas transmission service.

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