Chinaftower International Holding Group (HKSE:08623) Days Sales Outstanding : 166.27 (As of Dec. 2023)

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What is Chinaftower International Holding Group Days Sales Outstanding?

Chinaftower International Holding Group's average Accounts Receivable for the three months ended in Dec. 2023 was HK$156.4 Mil. Chinaftower International Holding Group's Revenue for the three months ended in Dec. 2023 was HK$85.9 Mil. Hence, Chinaftower International Holding Group's Days Sales Outstanding for the three months ended in Dec. 2023 was 166.27.

The historical rank and industry rank for Chinaftower International Holding Group's Days Sales Outstanding or its related term are showing as below:

HKSE:08623' s Days Sales Outstanding Range Over the Past 10 Years
Min: 31.64 Med: 85.37 Max: 197.56
Current: 191

During the past 7 years, Chinaftower International Holding Group's highest Days Sales Outstanding was 197.56. The lowest was 31.64. And the median was 85.37.

HKSE:08623's Days Sales Outstanding is ranked worse than
91.04% of 2957 companies
in the Industrial Products industry
Industry Median: 79.63 vs HKSE:08623: 191.00

Chinaftower International Holding Group's Days Sales Outstanding increased from Dec. 2022 (37.88) to Dec. 2023 (166.27).

Warning Sign:

If a company's sales outstanding increases, it means it has difficulty collecting payments from its customers.

Chinaftower International Holding Group Days Sales Outstanding Historical Data

The historical data trend for Chinaftower International Holding 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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Chinaftower International Holding Group Days Sales Outstanding Chart

Chinaftower International Holding Group Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

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56.75

104.83

124.32

85.37

197.56

Chinaftower International Holding Group Quarterly Data
	Dec18	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															37.88	142.36	199.83	327.09	166.27

Competitive Comparison of Chinaftower International Holding Group's Days Sales Outstanding

For the Electrical Equipment & Parts subindustry, Chinaftower International Holding 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.

Chinaftower International Holding Group's Days Sales Outstanding Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Chinaftower International Holding Group's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where Chinaftower International Holding Group's Days Sales Outstanding falls into.

Chinaftower International Holding 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.

Chinaftower International Holding Group'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
=	( (133.283	+	156.441)	/	2 )	/	267.635	*	365
=	144.862					/	267.635	*	365
=	197.56

Chinaftower International Holding 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	+	156.441)	/	1 )	/	85.855	*	365 / 4
=	156.441					/	85.855	*	365 / 4
=	166.27

Chinaftower International Holding Group (HKSE:08623) Days Sales Outstanding Explanation

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

Chinaftower International Holding Group Days Sales Outstanding Related Terms

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Chinaftower International Holding Group (HKSE:08623) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » China Saftower International Holding Group Ltd (HKSE:08623) » Definitions » Days Sales Outstanding

Traded in Other Exchanges

N/A

Address

No. 9, Huaide Road, Sichuan-Zhejiang Cooperation Industrial Park, Guangyuan Economic and Technological Development Z, Sichuan Province, Guangyuan, CHN

Website

http://www.saftower.com

China Saftower International Holding Group Ltd is a manufacturer and supplier of wires and cables and the sale of aluminum products in the People's Republic of China. The company's products include power cables, insulated overhead cables, aerial stranded wire, control cables, and aluminum alloy power cables. The Group's revenue was all derived from customers based in the PRC.

Executives

Dang Fei	2201 Interest of corporation controlled by you
Dang Jun	2103 Interests held jointly with another person
Li Li	2202 Interest of your spouse
Red Fly Investment Limited	2101 Beneficial owner
Fu Chuanrong	2101 Beneficial owner
Gao Hong	2202 Interest of your spouse
Wang Xiaozhong	2201 Interest of corporation controlled by you
Xseven Investment Limited	2101 Beneficial owner

Chinaftower International Holding Group (HKSE:08623) Headlines

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