CIMC Enric Holdings (CIMC Enric Holdings) Days Sales Outstanding : 54.40 (As of Jun. 2023)

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What is CIMC Enric Holdings Days Sales Outstanding?

CIMC Enric Holdings's average Accounts Receivable for the six months ended in Jun. 2023 was $448 Mil. CIMC Enric Holdings's Revenue for the six months ended in Jun. 2023 was $1,502 Mil. Hence, CIMC Enric Holdings's Days Sales Outstanding for the six months ended in Jun. 2023 was 54.40.

The historical rank and industry rank for CIMC Enric Holdings's Days Sales Outstanding or its related term are showing as below:

CIMEF' s Days Sales Outstanding Range Over the Past 10 Years
Min: 44.44 Med: 86.68 Max: 156.32
Current: 49.83

During the past 13 years, CIMC Enric Holdings's highest Days Sales Outstanding was 156.32. The lowest was 44.44. And the median was 86.68.

CIMEF's Days Sales Outstanding is ranked worse than
51.44% of 935 companies
in the Oil & Gas industry
Industry Median: 48.53 vs CIMEF: 49.83

CIMC Enric Holdings's Days Sales Outstanding declined from Jun. 2022 (58.01) to Jun. 2023 (54.40).

CIMC Enric Holdings Days Sales Outstanding Historical Data

The historical data trend for CIMC Enric Holdings'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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CIMC Enric Holdings Days Sales Outstanding Chart

CIMC Enric Holdings Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

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72.64

63.14

44.55

54.80

49.94

CIMC Enric Holdings Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Days Sales Outstanding	Get a 7-Day Free Trial															43.58	58.01	53.57	54.40	46.04

Competitive Comparison of CIMC Enric Holdings's Days Sales Outstanding

For the Oil & Gas Equipment & Services subindustry, CIMC Enric Holdings'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.

CIMC Enric Holdings's Days Sales Outstanding Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, CIMC Enric Holdings's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where CIMC Enric Holdings's Days Sales Outstanding falls into.

CIMC Enric Holdings 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.

CIMC Enric Holdings's Days Sales Outstanding for the fiscal year that ended in Dec. 2022 is calculated as

	Days Sales Outstanding (A: Dec. 2022 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Dec. 2021 )	+	Accounts Receivable (A: Dec. 2022 ))	/	count )	/	Revenue (A: Dec. 2022 )	*	Days in Period
=	( (398.477	+	445.813)	/	2 )	/	2811.619	*	365
=	422.145					/	2811.619	*	365
=	54.80

CIMC Enric Holdings's Days Sales Outstanding for the quarter that ended in Jun. 2023 is calculated as:

	Days Sales Outstanding (Q: Jun. 2023 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Dec. 2022 )	+	Accounts Receivable (A: Jun. 2023 ))	/	count )	/	Revenue (A: Jun. 2023 )	*	Days in Period
=	( (445.813	+	449.681)	/	2 )	/	1502.009	*	365 / 2
=	447.747					/	1502.009	*	365 / 2
=	54.40

CIMC Enric Holdings (OTCPK:CIMEF) Days Sales Outstanding Explanation

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

CIMC Enric Holdings Days Sales Outstanding Related Terms

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CIMC Enric Holdings (CIMC Enric Holdings) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » CIMC Enric Holdings Ltd (OTCPK:CIMEF) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

03899:Hong Kong E8F:Germany

Address

CIMC R&D Center, third floor, No. 2 Gangwan Avenue, Shekou Industrial Zone, Nanshan District, Guangdong, Shenzhen, CHN

Website

https://www.enricgroup.com

CIMC Enric Holdings Ltd is engaged in the design, development, manufacturing, engineering, and sales of transportation, storage, and processing equipment. It is also involved in the provision of technical maintenance services. The company operates through three segments. The clean energy segment specializes in the manufacture and sale of a wide range of equipment for the storage, transportation, processing, and distribution of natural gas. Chemical and environmental segment specializes in the manufacture and sale of a wide range of equipment, such as tank containers, for the storage and transportation of liquefied or gasified chemicals. The liquid food segment specializes in the engineering, manufacture, and sale of stainless-steel tanks for storage and processing liquid food.