China Glass Holdings (HKSE:03300) Days Sales Outstanding : 14.29 (As of Dec. 2023)

View and export this data going back to 2005. Start your Free Trial

What is China Glass Holdings Days Sales Outstanding?

China Glass Holdings's average Accounts Receivable for the six months ended in Dec. 2023 was HK$274 Mil. China Glass Holdings's Revenue for the six months ended in Dec. 2023 was HK$3,501 Mil. Hence, China Glass Holdings's Days Sales Outstanding for the six months ended in Dec. 2023 was 14.29.

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

HKSE:03300' s Days Sales Outstanding Range Over the Past 10 Years
Min: 5.88 Med: 25.03 Max: 52.83
Current: 18.54

During the past 13 years, China Glass Holdings's highest Days Sales Outstanding was 52.83. The lowest was 5.88. And the median was 25.03.

HKSE:03300's Days Sales Outstanding is ranked better than
87.7% of 382 companies
in the Building Materials industry
Industry Median: 54.48 vs HKSE:03300: 18.54

China Glass Holdings's Days Sales Outstanding declined from Dec. 2022 (17.60) to Dec. 2023 (14.29).

China Glass Holdings Days Sales Outstanding Historical Data

The historical data trend for China Glass 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.

China Glass Holdings Days Sales Outstanding Chart

China Glass Holdings Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

Get a 7-Day Free Trial

24.39

9.28

5.88

17.42

19.35

China Glass 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															7.88	10.41	17.60	24.00	14.29

Competitive Comparison of China Glass Holdings's Days Sales Outstanding

For the Building Materials subindustry, China Glass 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.

China Glass Holdings's Days Sales Outstanding Distribution in the Building Materials Industry

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

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

China Glass 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.

China Glass 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
=	( (336.761	+	278.864)	/	2 )	/	5805.695	*	365
=	307.8125					/	5805.695	*	365
=	19.35

China Glass 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
=	( (269.285	+	278.864)	/	2 )	/	3500.982	*	365 / 2
=	274.0745					/	3500.982	*	365 / 2
=	14.29

China Glass Holdings (HKSE:03300) Days Sales Outstanding Explanation

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

China Glass Holdings Days Sales Outstanding Related Terms

Thank you for viewing the detailed overview of China Glass Holdings's Days Sales Outstanding provided by GuruFocus.com. Please click on the following links to see related term pages.

China Glass Holdings (HKSE:03300) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Building Materials » China Glass Holdings Ltd (HKSE:03300) » Definitions » Days Sales Outstanding

Traded in Other Exchanges

N/A

Address

168-200 Connaught Road, Unit 2608, 26th Floor, West Tower, Shun Tak Centre, Central, Hong Kong, HKG

Website

https://www.chinaglassholdings.com

China Glass Holdings Ltd is engaged in the production, marketing, and distribution of float glass, reflective glass, and other glass products. It has five business segments, Clear glass products; Painted glass products; Coated glass products; Energy saving and new energy glass products, such as ultra clear glass, low emission coated glass and photovoltaic battery module products; and Designing and installation services of pharmaceutical glass production lines. Geographically, the company has operations in Mainland China, Hong Kong, the Middle East, Nigeria, Italy, Kazakhstan and other countries. It generates a majority of its revenues from the Clear glass products segment.

China Glass Holdings (HKSE:03300) Headlines

No Headlines