Asia Cement (China) Holdings (HKSE:00743) Days Sales Outstanding : 36.28 (As of Dec. 2023)

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What is Asia Cement (China) Holdings Days Sales Outstanding?

Asia Cement (China) Holdings's average Accounts Receivable for the three months ended in Dec. 2023 was HK$744 Mil. Asia Cement (China) Holdings's Revenue for the three months ended in Dec. 2023 was HK$1,872 Mil. Hence, Asia Cement (China) Holdings's Days Sales Outstanding for the three months ended in Dec. 2023 was 36.28.

The historical rank and industry rank for Asia Cement (China) Holdings's Days Sales Outstanding or its related term are showing as below:

HKSE:00743' s Days Sales Outstanding Range Over the Past 10 Years
Min: 17.4 Med: 32.47 Max: 75.68
Current: 42.29

During the past 13 years, Asia Cement (China) Holdings's highest Days Sales Outstanding was 75.68. The lowest was 17.40. And the median was 32.47.

HKSE:00743's Days Sales Outstanding is ranked better than
64.92% of 382 companies
in the Building Materials industry
Industry Median: 54.48 vs HKSE:00743: 42.29

Asia Cement (China) Holdings's Days Sales Outstanding increased from Sep. 2022 (22.06) to Dec. 2023 (36.28).

Asia Cement (China) Holdings Days Sales Outstanding Historical Data

The historical data trend for Asia Cement (China) 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.

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Asia Cement (China) Holdings Days Sales Outstanding Chart

Asia Cement (China) Holdings Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

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32.04

31.20

21.22

19.19

17.40

Asia Cement (China) Holdings Quarterly Data
	Jun16	Sep16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Sep22	Dec22	Jun23	Sep23	Dec23	Mar24
Days Sales Outstanding	Get a 7-Day Free Trial															13.51	-	39.87	36.28	24.46

Competitive Comparison of Asia Cement (China) Holdings's Days Sales Outstanding

For the Building Materials subindustry, Asia Cement (China) 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.

Asia Cement (China) Holdings's Days Sales Outstanding Distribution in the Building Materials Industry

For the Building Materials industry and Basic Materials sector, Asia Cement (China) Holdings's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where Asia Cement (China) Holdings's Days Sales Outstanding falls into.

Asia Cement (China) 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.

Asia Cement (China) 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
=	( (417.964	+	356.329)	/	2 )	/	8123.507	*	365
=	387.1465					/	8123.507	*	365
=	17.40

Asia Cement (China) 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: Sep. 2023 )	+	Accounts Receivable (A: Dec. 2023 ))	/	count )	/	Revenue (A: Dec. 2023 )	*	Days in Period
=	( (1131.889	+	356.329)	/	2 )	/	1871.719	*	365 / 4
=	744.109					/	1871.719	*	365 / 4
=	36.28

Asia Cement (China) Holdings (HKSE:00743) Days Sales Outstanding Explanation

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

Asia Cement (China) Holdings Days Sales Outstanding Related Terms

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Asia Cement (China) Holdings (HKSE:00743) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Building Materials » Asia Cement (China) Holdings Corp (HKSE:00743) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

4OJ:Germany

Address

No. 6 Yadong Avenue, Ma-Tou Town, Jiangxi Province, Ruichang, CHN, 332207

Website

http://www.achc.com.cn

Asia Cement (China) Holdings Corp is an investment holding company. The company operates through the Cement and Concrete business segments. Its products include cement, clinker, ready-mix concrete, and blast-furnace slag powder. It derives revenue from China. Its geographical segments include the Southeastern region, Central region, and Southwestern region.

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