CNT Group (HKSE:00701) Days Sales Outstanding : 173.63 (As of Dec. 2023)

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What is CNT Group Days Sales Outstanding?

CNT Group's average Accounts Receivable for the six months ended in Dec. 2023 was HK$227.7 Mil. CNT Group's Revenue for the six months ended in Dec. 2023 was HK$239.4 Mil. Hence, CNT Group's Days Sales Outstanding for the six months ended in Dec. 2023 was 173.63.

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

HKSE:00701' s Days Sales Outstanding Range Over the Past 10 Years
Min: 103.76 Med: 164.9 Max: 251.89
Current: 186.97

During the past 13 years, CNT Group's highest Days Sales Outstanding was 251.89. The lowest was 103.76. And the median was 164.90.

HKSE:00701's Days Sales Outstanding is ranked worse than
96.07% of 1528 companies
in the Chemicals industry
Industry Median: 64.105 vs HKSE:00701: 186.97

CNT Group's Days Sales Outstanding declined from Dec. 2022 (187.51) to Dec. 2023 (173.63).

CNT Group Days Sales Outstanding Historical Data

The historical data trend for CNT Group'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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CNT Group Days Sales Outstanding Chart

CNT Group Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

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165.04

151.48

164.76

202.00

170.54

CNT Group 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															170.06	235.70	187.51	215.32	173.63

Competitive Comparison of CNT Group's Days Sales Outstanding

For the Specialty Chemicals subindustry, CNT Group'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.

CNT Group's Days Sales Outstanding Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, CNT Group's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where CNT Group's Days Sales Outstanding falls into.

CNT Group 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.

CNT Group'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
=	( (306.227	+	156.933)	/	2 )	/	495.654	*	365
=	231.58					/	495.654	*	365
=	170.54

CNT Group'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
=	( (298.53	+	156.933)	/	2 )	/	239.366	*	365 / 2
=	227.7315					/	239.366	*	365 / 2
=	173.63

CNT Group (HKSE:00701) Days Sales Outstanding Explanation

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

CNT Group Days Sales Outstanding Related Terms

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CNT Group (HKSE:00701) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » CNT Group Ltd (HKSE:00701) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

N/A

Address

338 Hennessy Road, 28th Floor, Unit E, CNT Tower, Wanchai, Hong Kong, HKG

Website

https://www.cntgroup.com.hk

CNT Group Ltd is principally engaged in the manufacture and sale of paint products, property investment, iron and steel trading, and investment holding activities. The company operates through the business segments are, The Paint products segment engages in the manufacture and sale of paint products. The Property investment segment comprises the investment in residential, commercial and industrial premises for their rental income potential and development and sale of properties. The Iron and steel trading segment comprises the trading of iron and steel products and related investments. The Hotel business segment, and the other segment comprises, principally, investment holding and securities trading. Majority of the company's revenue comes from the Paint products segment in Mainland China.

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