Horizon Construction Development (FRA:B7H) Days Sales Outstanding : 151.75 (As of Dec. 2024)

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What is Horizon Construction Development Days Sales Outstanding?

Horizon Construction Development's average Accounts Receivable for the six months ended in Dec. 2024 was €732 Mil. Horizon Construction Development's Revenue for the six months ended in Dec. 2024 was €880 Mil. Hence, Horizon Construction Development's Days Sales Outstanding for the six months ended in Dec. 2024 was 151.75.

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

FRA:B7H' s Days Sales Outstanding Range Over the Past 10 Years
Min: 172.56 Med: 197.55 Max: 252.05
Current: 172.56

During the past 5 years, Horizon Construction Development's highest Days Sales Outstanding was 252.05. The lowest was 172.56. And the median was 197.55.

FRA:B7H's Days Sales Outstanding is ranked worse than
91.51% of 1036 companies
in the Business Services industry
Industry Median: 59.23 vs FRA:B7H: 172.56

Horizon Construction Development's Days Sales Outstanding declined from Dec. 2023 (172.63) to Dec. 2024 (151.75).

Horizon Construction Development Days Sales Outstanding Historical Data

The historical data trend for Horizon Construction Development'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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Horizon Construction Development Days Sales Outstanding Chart

Horizon Construction Development Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

Dec24

Days Sales Outstanding

252.05

192.78

203.75

185.35

170.12

Horizon Construction Development Semi-Annual Data
	Dec20	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24	Dec24
Days Sales Outstanding	Get a 7-Day Free Trial			189.89	214.57	172.63	195.87	151.75

Competitive Comparison of Horizon Construction Development's Days Sales Outstanding

For the Rental & Leasing Services subindustry, Horizon Construction Development'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.

Horizon Construction Development's Days Sales Outstanding Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Horizon Construction Development's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where Horizon Construction Development's Days Sales Outstanding falls into.

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Horizon Construction Development 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.

Horizon Construction Development's Days Sales Outstanding for the fiscal year that ended in Dec. 2024 is calculated as

	Days Sales Outstanding (A: Dec. 2024 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Dec. 2023 )	+	Accounts Receivable (A: Dec. 2024 ))	/	count )	/	Revenue (A: Dec. 2024 )	*	Days in Period
=	( (645.969	+	770.082)	/	2 )	/	1519.073	*	365
=	708.0255					/	1519.073	*	365
=	170.12

Horizon Construction Development's Days Sales Outstanding for the quarter that ended in Dec. 2024 is calculated as:

	Days Sales Outstanding (Q: Dec. 2024 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Jun. 2024 )	+	Accounts Receivable (A: Dec. 2024 ))	/	count )	/	Revenue (A: Dec. 2024 )	*	Days in Period
=	( (693.352	+	770.082)	/	2 )	/	879.964	*	365 / 2
=	731.717					/	879.964	*	365 / 2
=	151.75

Horizon Construction Development (FRA:B7H) Days Sales Outstanding Explanation

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

Horizon Construction Development Days Sales Outstanding Related Terms

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Horizon Construction Development Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Horizon Construction Development Ltd (FRA:B7H) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

09930:Hong Kong

Address

200 Xichang Road, No. 5, 6-610, Building 2, Minghai Center, Tianjin Pilot Free Trade Zone, Dongjiang Bonded Port Area, Tianjin, CHN

Website

http://www.hongxinjianfa.com

Horizon Construction Development Ltd is an equipment operation service provider. The Group is committed to providing one-stop comprehensive solutions of products and services for domestic and overseas clients in the construction and industrial sectors. The company has three reportable operating segments, Operating lease services, Engineering and technical services, and Asset management and other services. A majority of its revenue is generated from the Operating lease services segment which is engaged in leasing equipment and materials to customers and generating revenue mainly from rental fees payable by customers.

Horizon Construction Development Headlines

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