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CITIC Resources Holdings (HKSE:01205) Days Sales Outstanding : 33.46 (As of Dec. 2023)


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What is CITIC Resources Holdings Days Sales Outstanding?

CITIC Resources Holdings's average Accounts Receivable for the six months ended in Dec. 2023 was HK$327 Mil. CITIC Resources Holdings's Revenue for the six months ended in Dec. 2023 was HK$1,782 Mil. Hence, CITIC Resources Holdings's Days Sales Outstanding for the six months ended in Dec. 2023 was 33.46.

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

HKSE:01205' s Days Sales Outstanding Range Over the Past 10 Years
Min: 25.62   Med: 48.34   Max: 68.41
Current: 30.24

During the past 13 years, CITIC Resources Holdings's highest Days Sales Outstanding was 68.41. The lowest was 25.62. And the median was 48.34.

HKSE:01205's Days Sales Outstanding is ranked better than
59.59% of 787 companies
in the Metals & Mining industry
Industry Median: 42.77 vs HKSE:01205: 30.24

CITIC Resources Holdings's Days Sales Outstanding increased from Dec. 2022 (30.63) to Dec. 2023 (33.46).


CITIC Resources Holdings Days Sales Outstanding Historical Data

The historical data trend for CITIC Resources 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.

CITIC Resources Holdings Days Sales Outstanding Chart

CITIC Resources Holdings Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Sales Outstanding
Get a 7-Day Free Trial Premium Member Only Premium Member Only 49.79 50.42 46.89 31.18 25.62

CITIC Resources 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 39.96 36.55 30.63 31.76 33.46

Competitive Comparison of CITIC Resources Holdings's Days Sales Outstanding

For the Other Industrial Metals & Mining subindustry, CITIC Resources 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.


CITIC Resources Holdings's Days Sales Outstanding Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, CITIC Resources Holdings's Days Sales Outstanding distribution charts can be found below:

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



CITIC Resources 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.

CITIC Resources 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
=( (297.358 + 239.688) / 2 ) / 3825.577*365
=268.523 / 3825.577*365
=25.62

CITIC Resources 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
=( (413.828 + 239.688) / 2 ) / 1782.355*365 / 2
=326.758 / 1782.355*365 / 2
=33.46

* 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.


CITIC Resources Holdings  (HKSE:01205) Days Sales Outstanding Explanation

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


CITIC Resources Holdings Days Sales Outstanding Related Terms

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CITIC Resources Holdings (HKSE:01205) Business Description

Traded in Other Exchanges
Address
1 Austin Road West, International Commerce Centre, Suites 6701-02 & 08B, 67th Floor, Kowloon, Hong Kong, HKG
CITIC Resources Holdings Ltd is a provider of strategic natural resources and key commodities. Its activities are the export of commodity products including aluminum ingots, coal, iron ore, alumina, and copper; and the import of other commodity products and manufactured goods including steel, vehicle, and industrial batteries. It has four operating segments; the aluminum smelting segment comprises the operation of the PAS which sources alumina and produces aluminum ingots, the coal segment comprises the operation of coal mines and the sale of coal, the import and export of commodities segment comprises the import of other commodity products and manufactured goods such as steel, and the crude oil segment comprises the operation of oilfields and the sale of crude oil.

CITIC Resources Holdings (HKSE:01205) Headlines

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