Silk Road Energy Services Group (HKSE:08250) Days Sales Outstanding : 6.84 (As of Dec. 2023)

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What is Silk Road Energy Services Group Days Sales Outstanding?

Silk Road Energy Services Group's average Accounts Receivable for the three months ended in Dec. 2023 was HK$111 Mil. Silk Road Energy Services Group's Revenue for the three months ended in Dec. 2023 was HK$1,479 Mil. Hence, Silk Road Energy Services Group's Days Sales Outstanding for the three months ended in Dec. 2023 was 6.84.

The historical rank and industry rank for Silk Road Energy Services Group's Days Sales Outstanding or its related term are showing as below:

HKSE:08250' s Days Sales Outstanding Range Over the Past 10 Years
Min: 6.6 Med: 80.6 Max: 149.53
Current: 6.83

During the past 13 years, Silk Road Energy Services Group's highest Days Sales Outstanding was 149.53. The lowest was 6.60. And the median was 80.60.

HKSE:08250's Days Sales Outstanding is ranked better than
92.68% of 123 companies
in the Other Energy Sources industry
Industry Median: 32.89 vs HKSE:08250: 6.83

Silk Road Energy Services Group's Days Sales Outstanding increased from Dec. 2022 (4.25) to Dec. 2023 (6.84).

Silk Road Energy Services Group Days Sales Outstanding Historical Data

The historical data trend for Silk Road Energy Services Group'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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Silk Road Energy Services Group Days Sales Outstanding Chart

Silk Road Energy Services Group Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Days Sales Outstanding

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107.04

77.12

144.36

27.15

6.60

Silk Road Energy Services Group Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Days Sales Outstanding	Get a 7-Day Free Trial															4.25	4.03	10.39	8.87	6.84

Competitive Comparison of Silk Road Energy Services Group's Days Sales Outstanding

For the Thermal Coal subindustry, Silk Road Energy Services Group'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.

Silk Road Energy Services Group's Days Sales Outstanding Distribution in the Other Energy Sources Industry

For the Other Energy Sources industry and Energy sector, Silk Road Energy Services Group's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where Silk Road Energy Services Group's Days Sales Outstanding falls into.

Silk Road Energy Services Group 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.

Silk Road Energy Services Group's Days Sales Outstanding for the fiscal year that ended in Jun. 2023 is calculated as

	Days Sales Outstanding (A: Jun. 2023 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Jun. 2022 )	+	Accounts Receivable (A: Jun. 2023 ))	/	count )	/	Revenue (A: Jun. 2023 )	*	Days in Period
=	( (47.724	+	138.959)	/	2 )	/	5161.841	*	365
=	93.3415					/	5161.841	*	365
=	6.60

Silk Road Energy Services Group'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
=	( (0	+	110.911)	/	1 )	/	1478.998	*	365 / 4
=	110.911					/	1478.998	*	365 / 4
=	6.84

Silk Road Energy Services Group (HKSE:08250) Days Sales Outstanding Explanation

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

Silk Road Energy Services Group Days Sales Outstanding Related Terms

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Silk Road Energy Services Group (HKSE:08250) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Other Energy Sources » Silk Road Energy Services Group Ltd (HKSE:08250) » Definitions » Days Sales Outstanding

Traded in Other Exchanges

N/A

Address

166 -168 Gloucester Road, 16th Floor, Sing Ho Financial Building, Hong Kong, HKG

Website

https://www.silkroadenergy.com.hk

Silk Road Energy Services Group Ltd is a Hong Kong-based investment holding company involved in the coal mining business. It operates through given segments Trading fresh produce products, Coal mining and construction services, Money lending and Heating supply services. Its business is spread across Hong Kong, the People's Republic of China, and Mongolia. The majority of the revenue is contributed by Trading of fresh produce products.

Executives

Xu Gongming	2201 Interest of corporation controlled by you
Hong Shu Wan Tou Zi Ji Tuan Guo Ji You Xian Gong Si	2101 Beneficial owner
Yan Weiwei	2201 Interest of corporation controlled by you
Xing Lian Ke Ji You Xian Gong Si	2101 Beneficial owner
Wei Kai	2101 Beneficial owner
Chen Ying	2101 Beneficial owner
Liao Xiaofang	2101 Beneficial owner

Silk Road Energy Services Group (HKSE:08250) Headlines

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