Huzhou Gas Co (HKSE:06661) Days Sales Outstanding : 5.36 (As of Dec. 2023)

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What is Huzhou Gas Co Days Sales Outstanding?

Huzhou Gas Co's average Accounts Receivable for the six months ended in Dec. 2023 was HK$41 Mil. Huzhou Gas Co's Revenue for the six months ended in Dec. 2023 was HK$1,397 Mil. Hence, Huzhou Gas Co's Days Sales Outstanding for the six months ended in Dec. 2023 was 5.36.

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

HKSE:06661' s Days Sales Outstanding Range Over the Past 10 Years
Min: 2.35 Med: 3.16 Max: 5.17
Current: 5.13

During the past 5 years, Huzhou Gas Co's highest Days Sales Outstanding was 5.17. The lowest was 2.35. And the median was 3.16.

HKSE:06661's Days Sales Outstanding is not ranked
in the Utilities - Regulated industry.
Industry Median: 53.495 vs HKSE:06661: 5.13

Huzhou Gas Co's Days Sales Outstanding increased from Dec. 2022 (4.40) to Dec. 2023 (5.36).

Huzhou Gas Co Days Sales Outstanding Historical Data

The historical data trend for Huzhou Gas 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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Huzhou Gas Co Days Sales Outstanding Chart

Huzhou Gas Co Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

2.35

3.00

3.16

3.40

5.17

Huzhou Gas Co Semi-Annual Data
	Dec19	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Days Sales Outstanding	Get a 7-Day Free Trial			3.35	3.92	4.40	4.84	5.36

Competitive Comparison of Huzhou Gas Co's Days Sales Outstanding

For the Utilities - Regulated Gas subindustry, Huzhou Gas 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.

Huzhou Gas Co's Days Sales Outstanding Distribution in the Utilities - Regulated Industry

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

* The bar in red indicates where Huzhou Gas Co's Days Sales Outstanding falls into.

Huzhou Gas 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.

Huzhou Gas 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
=	( (30.329	+	45.169)	/	2 )	/	2663.972	*	365
=	37.749					/	2663.972	*	365
=	5.17

Huzhou Gas 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
=	( (36.872	+	45.169)	/	2 )	/	1396.762	*	365 / 2
=	41.0205					/	1396.762	*	365 / 2
=	5.36

Huzhou Gas Co (HKSE:06661) Days Sales Outstanding Explanation

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

Huzhou Gas Co Days Sales Outstanding Related Terms

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Huzhou Gas Co (HKSE:06661) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Regulated » Huzhou Gas Co Ltd (HKSE:06661) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

N/A

Address

227 Sizhong Road, Zhejiang Province, Huzhou, CHN

Website

https://www.hzrqgf.com

Huzhou Gas Co Ltd is the largest piped natural gas distributor. The principal business of the company comprises of sale of gas, mainly PNG under the Concessions; provision of construction and installation services to construct and install end-user pipeline network and gas facilities for customers such as property developers and owners or occupants of residential and non-residential properties; and others, including sale of household gas appliances.

Huzhou Gas Co (HKSE:06661) Headlines

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