China Railway Hi-tech Industry (SHSE:600528) Days Sales Outstanding : 205.99 (As of Mar. 2024)

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What is China Railway Hi-tech Industry Days Sales Outstanding?

China Railway Hi-tech Industry's average Accounts Receivable for the three months ended in Mar. 2024 was ¥16,069 Mil. China Railway Hi-tech Industry's Revenue for the three months ended in Mar. 2024 was ¥7,118 Mil. Hence, China Railway Hi-tech Industry's Days Sales Outstanding for the three months ended in Mar. 2024 was 205.99.

The historical rank and industry rank for China Railway Hi-tech Industry's Days Sales Outstanding or its related term are showing as below:

SHSE:600528' s Days Sales Outstanding Range Over the Past 10 Years
Min: 84.16 Med: 114.69 Max: 294.32
Current: 183.96

During the past 13 years, China Railway Hi-tech Industry's highest Days Sales Outstanding was 294.32. The lowest was 84.16. And the median was 114.69.

SHSE:600528's Days Sales Outstanding is ranked worse than
84.87% of 1646 companies
in the Construction industry
Industry Median: 72.31 vs SHSE:600528: 183.96

China Railway Hi-tech Industry's Days Sales Outstanding increased from Mar. 2023 (160.95) to Mar. 2024 (205.99).

China Railway Hi-tech Industry Days Sales Outstanding Historical Data

The historical data trend for China Railway Hi-tech Industry'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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China Railway Hi-tech Industry Days Sales Outstanding Chart

China Railway Hi-tech Industry Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

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109.84

104.59

119.54

143.75

172.76

China Railway Hi-tech Industry Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Days Sales Outstanding	Get a 7-Day Free Trial															160.95	172.92	195.49	165.99	205.99

Competitive Comparison of China Railway Hi-tech Industry's Days Sales Outstanding

For the Engineering & Construction subindustry, China Railway Hi-tech Industry'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 Railway Hi-tech Industry's Days Sales Outstanding Distribution in the Construction Industry

For the Construction industry and Industrials sector, China Railway Hi-tech Industry's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where China Railway Hi-tech Industry's Days Sales Outstanding falls into.

China Railway Hi-tech Industry 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 Railway Hi-tech Industry'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
=	( (12745.518	+	15717.281)	/	2 )	/	30066.978	*	365
=	14231.3995					/	30066.978	*	365
=	172.76

China Railway Hi-tech Industry's Days Sales Outstanding for the quarter that ended in Mar. 2024 is calculated as:

	Days Sales Outstanding (Q: Mar. 2024 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Dec. 2023 )	+	Accounts Receivable (A: Mar. 2024 ))	/	count )	/	Revenue (A: Mar. 2024 )	*	Days in Period
=	( (15717.281	+	16420.999)	/	2 )	/	7118.396	*	365 / 4
=	16069.14					/	7118.396	*	365 / 4
=	205.99

China Railway Hi-tech Industry (SHSE:600528) 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 Railway Hi-tech Industry Days Sales Outstanding Related Terms

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China Railway Hi-tech Industry (SHSE:600528) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » China Railway Hi-tech Industry Corp Ltd (SHSE:600528) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

N/A

Address

South Fourth Ring Road West, Building 11, Noord Center, Fengtai District,, Beijing, CHN, 610031

Website

http://www.crhic.cn

China Railway Hi-tech Industry Corp Ltd is engaged in the construction of railway projects, housing, road works and municipal public works.

China Railway Hi-tech Industry (SHSE:600528) Headlines

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