Henan Zhongyuan Expressway Co (SHSE:600020) Days Sales Outstanding : 34.36 (As of Dec. 2023)

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What is Henan Zhongyuan Expressway Co Days Sales Outstanding?

Henan Zhongyuan Expressway Co's average Accounts Receivable for the three months ended in Dec. 2023 was ¥697 Mil. Henan Zhongyuan Expressway Co's Revenue for the three months ended in Dec. 2023 was ¥1,850 Mil. Hence, Henan Zhongyuan Expressway Co's Days Sales Outstanding for the three months ended in Dec. 2023 was 34.36.

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

SHSE:600020' s Days Sales Outstanding Range Over the Past 10 Years
Min: 8.13 Med: 12.49 Max: 34.32
Current: 34.32

During the past 13 years, Henan Zhongyuan Expressway Co's highest Days Sales Outstanding was 34.32. The lowest was 8.13. And the median was 12.49.

SHSE:600020's Days Sales Outstanding is ranked better than
86.05% of 1641 companies
in the Construction industry
Industry Median: 72.53 vs SHSE:600020: 34.32

Henan Zhongyuan Expressway Co's Days Sales Outstanding increased from Dec. 2022 (27.92) to Dec. 2023 (34.36).

Henan Zhongyuan Expressway Co Days Sales Outstanding Historical Data

The historical data trend for Henan Zhongyuan 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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Henan Zhongyuan Expressway Co Days Sales Outstanding Chart

Henan Zhongyuan Expressway Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

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13.15

18.30

13.97

10.76

31.04

Henan Zhongyuan Expressway Co 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															27.92	26.98	37.19	41.38	34.36

Competitive Comparison of Henan Zhongyuan Expressway Co's Days Sales Outstanding

For the Infrastructure Operations subindustry, Henan Zhongyuan 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.

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

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

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

Henan Zhongyuan 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.

Henan Zhongyuan 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
=	( (266.253	+	703.674)	/	2 )	/	5702.819	*	365
=	484.9635					/	5702.819	*	365
=	31.04

Henan Zhongyuan Expressway Co'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
=	( (689.759	+	703.674)	/	2 )	/	1850.149	*	365 / 4
=	696.7165					/	1850.149	*	365 / 4
=	34.36

Henan Zhongyuan Expressway Co (SHSE:600020) Days Sales Outstanding Explanation

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

Henan Zhongyuan Expressway Co Days Sales Outstanding Related Terms

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Henan Zhongyuan Expressway Co (SHSE:600020) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Henan Zhongyuan Expressway Co Ltd (SHSE:600020) » Definitions » Days Sales Outstanding

Traded in Other Exchanges

N/A

Address

No. 93 Zhongyuan Road, Zhengzhou, Henan, CHN, 450052

Website

http://www.zygs.com

Henan Zhongyuan Expressway Co Ltd engages in investment, operation, management, and maintenance of high-grade highways, independent bridges, and other transportation infrastructure projects. It operates Zhengxi, Zhumadian, Zhengzhou, Pingdingshan, Zhengxin yellow river bridge, Zhengkai, Shangqiu, and Jixian County projects. The company also engages in the highway construction, management, investment, and financing systems.

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