Chu Kong Petroleum and Natural Gas Steel Pipe Holdings (HKSE:01938) Days Sales Outstanding : 47.55 (As of Dec. 2023)

View and export this data going back to 2010. Start your Free Trial

What is Chu Kong Petroleum and Natural Gas Steel Pipe Holdings Days Sales Outstanding?

Chu Kong Petroleum and Natural Gas Steel Pipe Holdings's average Accounts Receivable for the six months ended in Dec. 2023 was HK$415 Mil. Chu Kong Petroleum and Natural Gas Steel Pipe Holdings's Revenue for the six months ended in Dec. 2023 was HK$1,593 Mil. Hence, Chu Kong Petroleum and Natural Gas Steel Pipe Holdings's Days Sales Outstanding for the six months ended in Dec. 2023 was 47.55.

The historical rank and industry rank for Chu Kong Petroleum and Natural Gas Steel Pipe Holdings's Days Sales Outstanding or its related term are showing as below:

HKSE:01938' s Days Sales Outstanding Range Over the Past 10 Years
Min: 46.49 Med: 135.59 Max: 197.47
Current: 52.58

During the past 13 years, Chu Kong Petroleum and Natural Gas Steel Pipe Holdings's highest Days Sales Outstanding was 197.47. The lowest was 46.49. And the median was 135.59.

HKSE:01938's Days Sales Outstanding is ranked worse than
52.67% of 600 companies
in the Steel industry
Industry Median: 49.915 vs HKSE:01938: 52.58

Chu Kong Petroleum and Natural Gas Steel Pipe Holdings's Days Sales Outstanding declined from Dec. 2022 (60.97) to Dec. 2023 (47.55).

Chu Kong Petroleum and Natural Gas Steel Pipe Holdings Days Sales Outstanding Historical Data

The historical data trend for Chu Kong Petroleum and Natural Gas Steel Pipe 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.

Chu Kong Petroleum and Natural Gas Steel Pipe Holdings Days Sales Outstanding Chart

Chu Kong Petroleum and Natural Gas Steel Pipe Holdings Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

Get a 7-Day Free Trial

130.68

140.49

98.55

71.20

46.49

Chu Kong Petroleum and Natural Gas Steel Pipe 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															100.29	69.54	60.97	65.47	47.55

Competitive Comparison of Chu Kong Petroleum and Natural Gas Steel Pipe Holdings's Days Sales Outstanding

For the Steel subindustry, Chu Kong Petroleum and Natural Gas Steel Pipe 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.

Chu Kong Petroleum and Natural Gas Steel Pipe Holdings's Days Sales Outstanding Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, Chu Kong Petroleum and Natural Gas Steel Pipe Holdings's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where Chu Kong Petroleum and Natural Gas Steel Pipe Holdings's Days Sales Outstanding falls into.

Chu Kong Petroleum and Natural Gas Steel Pipe 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.

Chu Kong Petroleum and Natural Gas Steel Pipe 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
=	( (423.074	+	315.521)	/	2 )	/	2899.446	*	365
=	369.2975					/	2899.446	*	365
=	46.49

Chu Kong Petroleum and Natural Gas Steel Pipe 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
=	( (514.396	+	315.521)	/	2 )	/	1592.783	*	365 / 2
=	414.9585					/	1592.783	*	365 / 2
=	47.55

Chu Kong Petroleum and Natural Gas Steel Pipe Holdings (HKSE:01938) Days Sales Outstanding Explanation

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

Chu Kong Petroleum and Natural Gas Steel Pipe Holdings Days Sales Outstanding Related Terms

Thank you for viewing the detailed overview of Chu Kong Petroleum and Natural Gas Steel Pipe Holdings's Days Sales Outstanding provided by GuruFocus.com. Please click on the following links to see related term pages.

Chu Kong Petroleum and Natural Gas Steel Pipe Holdings (HKSE:01938) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » Chu Kong Petroleum and Natural Gas Steel Pipe Holdings Ltd (HKSE:01938) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

N/A

Address

2nd Floor, 3-5 Golden Dragon City, Yayun Avenue, Panyu District, Guangdong Province, Guangzhou, CHN, 511450

Website

http://www.pck.com.cn

Chu Kong Petroleum and Natural Gas Steel Pipe Holdings Ltd operates in the steel pipe business. The group is involved in its key revenue-generating business which is to manufacture and sell welded steel pipes and the provision of related manufacturing services. The group's steel pipes are mainly used for energy transmission including oil and gas transmission pipelines, deep-sea pipelines, city gas networks, petrochemicals, mining, infrastructure construction, offshore engineering, steel structures, and water utilities industries. Further, it is also involved in the development of properties for sale; and property investment activities. The group has a business presence in Mainland China and other countries, of which maximum revenue is derived from Mainland China.

Chu Kong Petroleum and Natural Gas Steel Pipe Holdings (HKSE:01938) Headlines

No Headlines