Zhejiang Tengy Environmental Technology Co (HKSE:01527) Days Sales Outstanding : 340.35 (As of Dec. 2023)

View and export this data going back to 2015. Start your Free Trial

What is Zhejiang Tengy Environmental Technology Co Days Sales Outstanding?

Zhejiang Tengy Environmental Technology Co's average Accounts Receivable for the six months ended in Dec. 2023 was HK$676.1 Mil. Zhejiang Tengy Environmental Technology Co's Revenue for the six months ended in Dec. 2023 was HK$362.5 Mil. Hence, Zhejiang Tengy Environmental Technology Co's Days Sales Outstanding for the six months ended in Dec. 2023 was 340.35.

The historical rank and industry rank for Zhejiang Tengy Environmental Technology Co's Days Sales Outstanding or its related term are showing as below:

HKSE:01527' s Days Sales Outstanding Range Over the Past 10 Years
Min: 114.84 Med: 268.09 Max: 517.2
Current: 363.54

During the past 10 years, Zhejiang Tengy Environmental Technology Co's highest Days Sales Outstanding was 517.20. The lowest was 114.84. And the median was 268.09.

HKSE:01527's Days Sales Outstanding is ranked worse than
97.83% of 2945 companies
in the Industrial Products industry
Industry Median: 79.82 vs HKSE:01527: 363.54

Zhejiang Tengy Environmental Technology Co's Days Sales Outstanding declined from Dec. 2022 (764.76) to Dec. 2023 (340.35).

Zhejiang Tengy Environmental Technology Co Days Sales Outstanding Historical Data

The historical data trend for Zhejiang Tengy Environmental Technology 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.

* Premium members only.

Zhejiang Tengy Environmental Technology Co Days Sales Outstanding Chart

Zhejiang Tengy Environmental Technology Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

Get a 7-Day Free Trial

291.40

395.96

323.42

517.20

330.09

Zhejiang Tengy Environmental Technology Co Semi-Annual Data
	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														210.63	409.59	764.76	426.08	340.35

Competitive Comparison of Zhejiang Tengy Environmental Technology Co's Days Sales Outstanding

For the Pollution & Treatment Controls subindustry, Zhejiang Tengy Environmental Technology 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.

Zhejiang Tengy Environmental Technology Co's Days Sales Outstanding Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Zhejiang Tengy Environmental Technology Co's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where Zhejiang Tengy Environmental Technology Co's Days Sales Outstanding falls into.

Zhejiang Tengy Environmental Technology 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.

Zhejiang Tengy Environmental Technology Co'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
=	( (674.616	+	552.218)	/	2 )	/	678.289	*	365
=	613.417					/	678.289	*	365
=	330.09

Zhejiang Tengy Environmental Technology Co'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
=	( (799.897	+	552.218)	/	2 )	/	362.509	*	365 / 2
=	676.0575					/	362.509	*	365 / 2
=	340.35

Zhejiang Tengy Environmental Technology Co (HKSE:01527) Days Sales Outstanding Explanation

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

Zhejiang Tengy Environmental Technology Co Days Sales Outstanding Related Terms

Thank you for viewing the detailed overview of Zhejiang Tengy Environmental Technology Co's Days Sales Outstanding provided by GuruFocus.com. Please click on the following links to see related term pages.

Zhejiang Tengy Environmental Technology Co (HKSE:01527) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Zhejiang Tengy Environmental Technology Co Ltd (HKSE:01527) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

N/A

Address

TENGY Industrial Park, Paitou Town, Zhejiang Province, Zhuji, CHN

Website

https://www.tengy.com

Zhejiang Tengy Environmental Technology Co Ltd is a China-based integrated atmospheric pollution control solution provider. Along with its subsidiaries, the firm is principally engaged in the design, development, manufacturing, installation, and sale of environmental pollution prevention equipment and electronic products. Its products include electrostatic precipitators, bag filter precipitators, electrostatic-bag composite precipitators, and others. The organization generates revenue from the sale of environmental protection equipment. Its geographical segments are Mainland China and Other countries, of which maximum revenue is derived from the sales made in Mainland China.

Executives

Shou Erjun

2101 Beneficial owner

Zhejiang Tengy Environmental Technology Co (HKSE:01527) Headlines

No Headlines