Chengdu Expressway Co (HKSE:01785) Days Sales Outstanding : 28.29 (As of Sep. 2023)

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What is Chengdu Expressway Co Days Sales Outstanding?

Chengdu Expressway Co's average Accounts Receivable for the three months ended in Sep. 2023 was HK$269 Mil. Chengdu Expressway Co's Revenue for the three months ended in Sep. 2023 was HK$869 Mil. Hence, Chengdu Expressway Co's Days Sales Outstanding for the three months ended in Sep. 2023 was 28.29.

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

HKSE:01785' s Days Sales Outstanding Range Over the Past 10 Years
Min: 4.77 Med: 14.26 Max: 180.37
Current: 57.33

During the past 9 years, Chengdu Expressway Co's highest Days Sales Outstanding was 180.37. The lowest was 4.77. And the median was 14.26.

HKSE:01785's Days Sales Outstanding is ranked better than
64.41% of 1641 companies
in the Construction industry
Industry Median: 72.53 vs HKSE:01785: 57.33

Chengdu Expressway Co's Days Sales Outstanding increased from Jun. 2022 (0.00) to Sep. 2023 (28.29).

Chengdu Expressway Co Days Sales Outstanding Historical Data

The historical data trend for Chengdu Expressway 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.

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Chengdu Expressway Co Days Sales Outstanding Chart

Chengdu Expressway Co Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

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6.74

10.48

14.26

25.73

27.62

Chengdu Expressway Co Quarterly Data
	Dec15	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Sep22	Dec22	Jun23	Sep23	Dec23
Days Sales Outstanding	Get a 7-Day Free Trial													26.57	30.08	-	28.29	28.34

Competitive Comparison of Chengdu Expressway Co's Days Sales Outstanding

For the Infrastructure Operations subindustry, Chengdu Expressway 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.

Chengdu Expressway Co's Days Sales Outstanding Distribution in the Construction Industry

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

* The bar in red indicates where Chengdu Expressway Co's Days Sales Outstanding falls into.

Chengdu Expressway 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.

Chengdu Expressway 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
=	( (231.659	+	247.43)	/	2 )	/	3165.441	*	365
=	239.5445					/	3165.441	*	365
=	27.62

Chengdu Expressway Co's Days Sales Outstanding for the quarter that ended in Sep. 2023 is calculated as:

	Days Sales Outstanding (Q: Sep. 2023 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Jun. 2023 )	+	Accounts Receivable (A: Sep. 2023 ))	/	count )	/	Revenue (A: Sep. 2023 )	*	Days in Period
=	( (319.287	+	219.163)	/	2 )	/	868.54	*	365 / 4
=	269.225					/	868.54	*	365 / 4
=	28.29

Chengdu Expressway Co (HKSE:01785) Days Sales Outstanding Explanation

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

Chengdu Expressway Co Days Sales Outstanding Related Terms

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Chengdu Expressway Co (HKSE:01785) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Chengdu Expressway Co Ltd (HKSE:01785) » Definitions » Days Sales Outstanding

Traded in Other Exchanges

N/A

Address

No. 66 Shenghe 1st Road, 9th Floor, Chengnan Tianfu Building, High-Tech Zone, Sichuan, Chengdu, CHN

Website

https://www.chengdugs.com

Chengdu Expressway Co Ltd is principally engaged in the operation, management and development of expressways located in and around Chengdu, Sichuan Province. Meanwhile, the Group also carries out retail of refined oil and operation of CNG. It operates in two reportable segments the Expressway segment segment comprises the construction, operation and maintenance of toll expressways located in Sichuan province; and the Energy Investment segment comprises the operation of petrol stations and a gas station and sales of refined oil and compressed natural gas. It derives majority of the revenue from Expressway segment.

Chengdu Expressway Co (HKSE:01785) Headlines

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