Huitong Construction Group Co (SHSE:603176) Days Sales Outstanding : 423.14 (As of Mar. 2024)

View and export this data going back to 2021. Start your Free Trial

What is Huitong Construction Group Co Days Sales Outstanding?

Huitong Construction Group Co's average Accounts Receivable for the three months ended in Mar. 2024 was ¥1,489 Mil. Huitong Construction Group Co's Revenue for the three months ended in Mar. 2024 was ¥321 Mil. Hence, Huitong Construction Group Co's Days Sales Outstanding for the three months ended in Mar. 2024 was 423.14.

The historical rank and industry rank for Huitong Construction Group Co's Days Sales Outstanding or its related term are showing as below:

SHSE:603176' s Days Sales Outstanding Range Over the Past 10 Years
Min: 150.19 Med: 167.27 Max: 222.43
Current: 194

During the past 7 years, Huitong Construction Group Co's highest Days Sales Outstanding was 222.43. The lowest was 150.19. And the median was 167.27.

SHSE:603176's Days Sales Outstanding is ranked worse than
86.09% of 1646 companies
in the Construction industry
Industry Median: 72.31 vs SHSE:603176: 194.00

Huitong Construction Group Co's Days Sales Outstanding increased from Mar. 2023 (271.18) to Mar. 2024 (423.14).

Huitong Construction Group Co Days Sales Outstanding Historical Data

The historical data trend for Huitong Construction Group Co'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.

Huitong Construction Group Co Days Sales Outstanding Chart

Huitong Construction Group Co Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

Get a 7-Day Free Trial

160.06

156.40

150.19

167.27

180.87

Huitong Construction Group Co Quarterly Data
	Dec17	Dec18	Dec19	Jun20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Days Sales Outstanding	Get a 7-Day Free Trial													271.18	132.68	200.68	159.98	423.14

Competitive Comparison of Huitong Construction Group Co's Days Sales Outstanding

For the Engineering & Construction subindustry, Huitong Construction Group Co'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.

Huitong Construction Group Co's Days Sales Outstanding Distribution in the Construction Industry

For the Construction industry and Industrials sector, Huitong Construction Group Co's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where Huitong Construction Group Co's Days Sales Outstanding falls into.

Huitong Construction Group Co 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.

Huitong Construction Group Co'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
=	( (1376.102	+	1375.555)	/	2 )	/	2776.474	*	365
=	1375.8285					/	2776.474	*	365
=	180.87

Huitong Construction Group Co'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
=	( (1375.555	+	1601.829)	/	2 )	/	321.033	*	365 / 4
=	1488.692					/	321.033	*	365 / 4
=	423.14

Huitong Construction Group Co (SHSE:603176) Days Sales Outstanding Explanation

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

Huitong Construction Group Co Days Sales Outstanding Related Terms

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

Huitong Construction Group Co (SHSE:603176) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Huitong Construction Group Co Ltd (SHSE:603176) » Definitions » Days Sales Outstanding

Traded in Other Exchanges

N/A

Address

69 Century East Road, Gaobeidian City, Hebei Province, Baoding, CHN, 074099

Website

https://www.htlq.com.cn

Huitong Construction Group Co Ltd is engaged in the construction of roadbed, pavement, bridges and culverts, and tunnels.

Huitong Construction Group Co (SHSE:603176) Headlines

No Headlines