China Datang Renewable Power Co (FRA:DT7) Days Sales Outstanding : 479.95 (As of Dec. 2023)

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What is China Datang Renewable Power Co Days Sales Outstanding?

China Datang Renewable Power Co's average Accounts Receivable for the three months ended in Dec. 2023 was €2,248 Mil. China Datang Renewable Power Co's Revenue for the three months ended in Dec. 2023 was €427 Mil. Hence, China Datang Renewable Power Co's Days Sales Outstanding for the three months ended in Dec. 2023 was 479.95.

The historical rank and industry rank for China Datang Renewable Power Co's Days Sales Outstanding or its related term are showing as below:

FRA:DT7' s Days Sales Outstanding Range Over the Past 10 Years
Min: 125.73 Med: 314.38 Max: 655.94
Current: 655.94

During the past 13 years, China Datang Renewable Power Co's highest Days Sales Outstanding was 655.94. The lowest was 125.73. And the median was 314.38.

FRA:DT7's Days Sales Outstanding is ranked worse than
96.82% of 409 companies
in the Utilities - Independent Power Producers industry
Industry Median: 63.62 vs FRA:DT7: 655.94

China Datang Renewable Power Co's Days Sales Outstanding increased from Sep. 2022 (428.87) to Dec. 2023 (479.95).

Warning Sign:

If a company's sales outstanding increases, it means it has difficulty collecting payments from its customers.

China Datang Renewable Power Co Days Sales Outstanding Historical Data

The historical data trend for China Datang Renewable Power 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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China Datang Renewable Power Co Days Sales Outstanding Chart

China Datang Renewable Power Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

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360.00

420.68

422.76

458.76

471.04

China Datang Renewable Power Co Quarterly Data
	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Sep22	Dec22	Jun23	Sep23	Dec23	Mar24
Days Sales Outstanding	Get a 7-Day Free Trial															351.10	-	630.73	479.95	463.80

Competitive Comparison of China Datang Renewable Power Co's Days Sales Outstanding

For the Utilities - Renewable subindustry, China Datang Renewable Power 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.

China Datang Renewable Power Co's Days Sales Outstanding Distribution in the Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, China Datang Renewable Power Co's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where China Datang Renewable Power Co's Days Sales Outstanding falls into.

China Datang Renewable Power 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.

China Datang Renewable Power 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
=	( (1954.457	+	2289.246)	/	2 )	/	1644.17	*	365
=	2121.8515					/	1644.17	*	365
=	471.04

China Datang Renewable Power 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
=	( (2206.313	+	2289.246)	/	2 )	/	427.358	*	365 / 4
=	2247.7795					/	427.358	*	365 / 4
=	479.95

China Datang Renewable Power Co (FRA:DT7) Days Sales Outstanding Explanation

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

China Datang Renewable Power Co Days Sales Outstanding Related Terms

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China Datang Renewable Power Co (FRA:DT7) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Independent Power Producers » China Datang Corp Renewable Power Co Ltd (FRA:DT7) » Definitions » Days Sales Outstanding

Traded in Other Exchanges

01798:Hong Kong DT7:Germany

Address

No. 1 Caishikou Street, 8/F, Building 1, Xicheng District, Beijing, CHN, 100053

Website

http://www.cdt-re.com

Datang Renewable is one of China's leading wind power operators, with installed wind capacity of 12.7 gigawatts as of the end of 2022, representing 3.5% of the nationwide wind capacity. About 89.4% of the total installed capacity is wind power. The company also operates solar and gas-fired power plants on a smaller scale. China Datang Group is the major shareholder with a controlling stake of 65.61%.

China Datang Renewable Power Co (FRA:DT7) Headlines

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