CN Energy Group (CN Energy Group) Days Sales Outstanding : 129.64 (As of Sep. 2023)

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What is CN Energy Group Days Sales Outstanding?

CN Energy Group's average Accounts Receivable for the six months ended in Sep. 2023 was $25.02 Mil. CN Energy Group's Revenue for the six months ended in Sep. 2023 was $35.22 Mil. Hence, CN Energy Group's Days Sales Outstanding for the six months ended in Sep. 2023 was 129.64.

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

CNEY' s Days Sales Outstanding Range Over the Past 10 Years
Min: 121.11 Med: 145.98 Max: 194.04
Current: 144.59

During the past 6 years, CN Energy Group's highest Days Sales Outstanding was 194.04. The lowest was 121.11. And the median was 145.98.

CNEY's Days Sales Outstanding is ranked worse than
92.73% of 1527 companies
in the Chemicals industry
Industry Median: 63.93 vs CNEY: 144.59

CN Energy Group's Days Sales Outstanding increased from Sep. 2022 (102.74) to Sep. 2023 (129.64).

CN Energy Group Days Sales Outstanding Historical Data

The historical data trend for CN Energy Group'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.

CN Energy Group Days Sales Outstanding Chart

CN Energy Group Annual Data

Trend

Sep18

Sep19

Sep20

Sep21

Sep22

Sep23

Days Sales Outstanding

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121.11

188.79

194.04

141.35

150.60

CN Energy Group Semi-Annual Data
	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
Days Sales Outstanding	Get a 7-Day Free Trial						152.24	157.14	102.74	160.15	129.64

Competitive Comparison of CN Energy Group's Days Sales Outstanding

For the Specialty Chemicals subindustry, CN Energy Group'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.

CN Energy Group's Days Sales Outstanding Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, CN Energy Group's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where CN Energy Group's Days Sales Outstanding falls into.

CN Energy Group 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.

CN Energy Group's Days Sales Outstanding for the fiscal year that ended in Sep. 2023 is calculated as

	Days Sales Outstanding (A: Sep. 2023 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Sep. 2022 )	+	Accounts Receivable (A: Sep. 2023 ))	/	count )	/	Revenue (A: Sep. 2023 )	*	Days in Period
=	( (18.765	+	29.013)	/	2 )	/	57.899	*	365
=	23.889					/	57.899	*	365
=	150.60

CN Energy Group'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: Mar. 2023 )	+	Accounts Receivable (A: Sep. 2023 ))	/	count )	/	Revenue (A: Sep. 2023 )	*	Days in Period
=	( (21.032	+	29.013)	/	2 )	/	35.224	*	365 / 2
=	25.0225					/	35.224	*	365 / 2
=	129.64

CN Energy Group (NAS:CNEY) Days Sales Outstanding Explanation

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

CN Energy Group Days Sales Outstanding Related Terms

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CN Energy Group (CN Energy Group) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » CN Energy Group Inc (NAS:CNEY) » Definitions » Days Sales Outstanding

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Address

No. 268 Shiniu Road, Building 2-B, Room 206, Liandu District, Zhejiang Province, Lishui, CHN

Website

https://www.ir.cneny.com

CN Energy Group Inc along with its subsidiaries is a manufacturer and supplier of wood-based activated carbon that is used in pharmaceutical manufacturing, industrial manufacturing, water purification, environmental protection, and food and beverage production and a producer of biomass electricity generated in the process of producing activated carbon. The firm generates a majority of its revenue from Activated carbon.