Sinotruk (Hong Kong) (Sinotruk (Hong Kong)) Days Sales Outstanding : 31.64 (As of Jun. 2023)

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What is Sinotruk (Hong Kong) Days Sales Outstanding?

Sinotruk (Hong Kong)'s average Accounts Receivable for the six months ended in Jun. 2023 was $1,002 Mil. Sinotruk (Hong Kong)'s Revenue for the six months ended in Jun. 2023 was $5,779 Mil. Hence, Sinotruk (Hong Kong)'s Days Sales Outstanding for the six months ended in Jun. 2023 was 31.64.

The historical rank and industry rank for Sinotruk (Hong Kong)'s Days Sales Outstanding or its related term are showing as below:

SHKLY' s Days Sales Outstanding Range Over the Past 10 Years
Min: 25.21 Med: 54.8 Max: 164.77
Current: 33.23

During the past 13 years, Sinotruk (Hong Kong)'s highest Days Sales Outstanding was 164.77. The lowest was 25.21. And the median was 54.80.

SHKLY's Days Sales Outstanding is ranked better than
88.46% of 208 companies
in the Farm & Heavy Construction Machinery industry
Industry Median: 73.645 vs SHKLY: 33.23

Sinotruk (Hong Kong)'s Days Sales Outstanding declined from Jun. 2022 (44.45) to Jun. 2023 (31.64).

Sinotruk (Hong Kong) Days Sales Outstanding Historical Data

The historical data trend for Sinotruk (Hong Kong)'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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Sinotruk (Hong Kong) Days Sales Outstanding Chart

Sinotruk (Hong Kong) Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

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45.99

26.58

25.28

40.83

32.67

Sinotruk (Hong Kong) 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															49.61	44.45	41.33	31.64	35.32

Competitive Comparison of Sinotruk (Hong Kong)'s Days Sales Outstanding

For the Farm & Heavy Construction Machinery subindustry, Sinotruk (Hong Kong)'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.

Sinotruk (Hong Kong)'s Days Sales Outstanding Distribution in the Farm & Heavy Construction Machinery Industry

For the Farm & Heavy Construction Machinery industry and Industrials sector, Sinotruk (Hong Kong)'s Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where Sinotruk (Hong Kong)'s Days Sales Outstanding falls into.

Sinotruk (Hong Kong) 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.

Sinotruk (Hong Kong)'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
=	( (1024.351	+	878.23)	/	2 )	/	8504.464	*	365
=	951.2905					/	8504.464	*	365
=	40.83

Sinotruk (Hong Kong)'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
=	( (878.23	+	1125.888)	/	2 )	/	5779.479	*	365 / 2
=	1002.059					/	5779.479	*	365 / 2
=	31.64

Sinotruk (Hong Kong) (OTCPK:SHKLY) Days Sales Outstanding Explanation

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

Sinotruk (Hong Kong) Days Sales Outstanding Related Terms

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Sinotruk (Hong Kong) (Sinotruk (Hong Kong)) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Farm & Heavy Construction Machinery » Sinotruk (Hong Kong) Ltd (OTCPK:SHKLY) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

SHKLF:USA 03808:Hong Kong 4SK:Germany

Address

No. 777 Hua’ao Road, Sinotruk Tower, Innovation Zone, Gaoxin District, Shandong Province, Ji’nan, CHN, 250101

Website

http://www.sinotruk.com

Sinotruk (Hong Kong) Ltd is an investment holding company. The company manages its business in four segments: Heavy Duty Trucks, which includes manufacture and sale of heavy-duty trucks, medium-heavy duty trucks, and related components; Light Duty Trucks & Others, which manufacture and sell of light-duty trucks, buses, etc. and related components; Engines segment manufactures engines & related parts; and Finance Segment. The vast majority of its revenue comes from the Heavy-duty trucks segment. Its geographical segments are Mainland China and Overseas.

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