Chu Kong Shipping Enterprises (Group) Co (HKSE:00560) Days Sales Outstanding : 38.52 (As of Jun. 2023)

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What is Chu Kong Shipping Enterprises (Group) Co Days Sales Outstanding?

Chu Kong Shipping Enterprises (Group) Co's average Accounts Receivable for the six months ended in Jun. 2023 was HK$260 Mil. Chu Kong Shipping Enterprises (Group) Co's Revenue for the six months ended in Jun. 2023 was HK$1,233 Mil. Hence, Chu Kong Shipping Enterprises (Group) Co's Days Sales Outstanding for the six months ended in Jun. 2023 was 38.52.

The historical rank and industry rank for Chu Kong Shipping Enterprises (Group) Co's Days Sales Outstanding or its related term are showing as below:

HKSE:00560' s Days Sales Outstanding Range Over the Past 10 Years
Min: 25.75 Med: 41.77 Max: 50.1
Current: 38.7

During the past 13 years, Chu Kong Shipping Enterprises (Group) Co's highest Days Sales Outstanding was 50.10. The lowest was 25.75. And the median was 41.77.

HKSE:00560's Days Sales Outstanding is ranked better than
60% of 965 companies
in the Transportation industry
Industry Median: 45.68 vs HKSE:00560: 38.70

Chu Kong Shipping Enterprises (Group) Co's Days Sales Outstanding increased from Jun. 2022 (29.01) to Jun. 2023 (38.52).

Chu Kong Shipping Enterprises (Group) Co Days Sales Outstanding Historical Data

The historical data trend for Chu Kong Shipping Enterprises (Group) 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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Chu Kong Shipping Enterprises (Group) Co Days Sales Outstanding Chart

Chu Kong Shipping Enterprises (Group) Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

Get a 7-Day Free Trial

42.30

49.18

35.45

25.75

36.47

Chu Kong Shipping Enterprises (Group) Co 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															42.56	29.01	37.75	38.52	41.02

Competitive Comparison of Chu Kong Shipping Enterprises (Group) Co's Days Sales Outstanding

For the Marine Shipping subindustry, Chu Kong Shipping Enterprises (Group) 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.

Chu Kong Shipping Enterprises (Group) Co's Days Sales Outstanding Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Chu Kong Shipping Enterprises (Group) Co's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where Chu Kong Shipping Enterprises (Group) Co's Days Sales Outstanding falls into.

Chu Kong Shipping Enterprises (Group) 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.

Chu Kong Shipping Enterprises (Group) Co's Days Sales Outstanding for the fiscal year that ended in Dec. 2022 is calculated as

	Days Sales Outstanding (A: Dec. 2022 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Dec. 2021 )	+	Accounts Receivable (A: Dec. 2022 ))	/	count )	/	Revenue (A: Dec. 2022 )	*	Days in Period
=	( (190.499	+	218.575)	/	2 )	/	2899.545	*	365
=	204.537					/	2899.545	*	365
=	25.75

Chu Kong Shipping Enterprises (Group) Co's Days Sales Outstanding for the quarter that ended in Jun. 2023 is calculated as:

	Days Sales Outstanding (Q: Jun. 2023 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Dec. 2022 )	+	Accounts Receivable (A: Jun. 2023 ))	/	count )	/	Revenue (A: Jun. 2023 )	*	Days in Period
=	( (218.575	+	301.917)	/	2 )	/	1233.13	*	365 / 2
=	260.246					/	1233.13	*	365 / 2
=	38.52

Chu Kong Shipping Enterprises (Group) Co (HKSE:00560) Days Sales Outstanding Explanation

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

Chu Kong Shipping Enterprises (Group) Co Days Sales Outstanding Related Terms

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Chu Kong Shipping Enterprises (Group) Co (HKSE:00560) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Chu Kong Shipping Enterprises (Group) Co Ltd (HKSE:00560) » Definitions » Days Sales Outstanding

Traded in Other Exchanges

N/A

Address

143 Connaught Road, 24th Floor, Chu Kong Shipping Tower, Central, Hong Kong, HKG

Website

https://www.cksd.com

Chu Kong Shipping Enterprises (Group) Co Ltd is an investment holding company, focusing mainly on terminal navigation logistics, high-speed waterway passenger transportation, and fuel supply business. The operating segments of the group are Cargo transportation; Cargo handling and storage; Passenger transportation; Fuel supply; and Corporate and other businesses. It derives key revenue from the Cargo transportation segment which consists of shipping agency, river trade cargo direct shipment and transhipment and container handling and trucking. The group's revenue is derived from operations carried out in Mainland China and Hong Kong.

Chu Kong Shipping Enterprises (Group) Co (HKSE:00560) Headlines

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