CLP Holdings (CLP Holdings) Days Sales Outstanding : 59.25 (As of Dec. 2023)

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What is CLP Holdings Days Sales Outstanding?

CLP Holdings's average Accounts Receivable for the six months ended in Dec. 2023 was $1,824 Mil. CLP Holdings's Revenue for the six months ended in Dec. 2023 was $5,617 Mil. Hence, CLP Holdings's Days Sales Outstanding for the six months ended in Dec. 2023 was 59.25.

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

CLPHF' s Days Sales Outstanding Range Over the Past 10 Years
Min: 43.61 Med: 48.22 Max: 59.43
Current: 59.43

During the past 13 years, CLP Holdings's highest Days Sales Outstanding was 59.43. The lowest was 43.61. And the median was 48.22.

CLPHF's Days Sales Outstanding is ranked worse than
57.51% of 506 companies
in the Utilities - Regulated industry
Industry Median: 53.49 vs CLPHF: 59.43

CLP Holdings's Days Sales Outstanding increased from Dec. 2022 (55.34) to Dec. 2023 (59.25).

CLP Holdings Days Sales Outstanding Historical Data

The historical data trend for CLP 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.

* Premium members only.

CLP Holdings Days Sales Outstanding Chart

CLP Holdings Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

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46.85

49.50

51.64

48.67

55.00

CLP 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															59.96	59.79	55.34	64.24	59.25

Competitive Comparison of CLP Holdings's Days Sales Outstanding

For the Utilities - Regulated Electric subindustry, CLP 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.

CLP Holdings's Days Sales Outstanding Distribution in the Utilities - Regulated Industry

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

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

CLP 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.

CLP 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
=	( (1804.275	+	1559.579)	/	2 )	/	11161.489	*	365
=	1681.927					/	11161.489	*	365
=	55.00

CLP 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
=	( (2087.451	+	1559.579)	/	2 )	/	5616.917	*	365 / 2
=	1823.515					/	5616.917	*	365 / 2
=	59.25

CLP Holdings (OTCPK:CLPHF) Days Sales Outstanding Explanation

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

CLP Holdings Days Sales Outstanding Related Terms

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CLP Holdings (CLP Holdings) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Regulated » CLP Holdings Ltd (OTCPK:CLPHF) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

CLPHY:USA 00002:Hong Kong CLP:Germany

Address

8 Laguna Verde Avenue, Hung Hom, Kowloon, Hong Kong, HKG

Website

https://www.clpgroup.com

CLP Holdings is the larger of the two electric utility companies in Hong Kong, serving 80% of the city population. It generates, transmits and distributes electricity to about 2.6 million customers in Kowloon and the New Territories through its wholly owned network. The business is regulated by the Hong Kong government with a permitted return on net fixed asset of 8.00%. Besides Hong Kong, the company has expanded its reach overseas, with generation and retail assets in Australia and generation assets in China, India, Taiwan, and Southeast Asia. Its Hong Kong activities made up more than 80% of recurring net profit in 2021.

CLP Holdings (CLP Holdings) Headlines

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