China Zenith Chemical Group (HKSE:00362) Days Sales Outstanding : 87.61 (As of Dec. 2023)

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What is China Zenith Chemical Group Days Sales Outstanding?

China Zenith Chemical Group's average Accounts Receivable for the six months ended in Dec. 2023 was HK$11.87 Mil. China Zenith Chemical Group's Revenue for the six months ended in Dec. 2023 was HK$24.73 Mil. Hence, China Zenith Chemical Group's Days Sales Outstanding for the six months ended in Dec. 2023 was 87.61.

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

HKSE:00362' s Days Sales Outstanding Range Over the Past 10 Years
Min: 16.12 Med: 44.29 Max: 238.1
Current: 106.32

During the past 13 years, China Zenith Chemical Group's highest Days Sales Outstanding was 238.10. The lowest was 16.12. And the median was 44.29.

HKSE:00362's Days Sales Outstanding is ranked worse than
81.19% of 505 companies
in the Utilities - Regulated industry
Industry Median: 53.92 vs HKSE:00362: 106.32

China Zenith Chemical Group's Days Sales Outstanding increased from Dec. 2022 (34.80) to Dec. 2023 (87.61).

China Zenith Chemical Group Days Sales Outstanding Historical Data

The historical data trend for China Zenith Chemical 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.

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China Zenith Chemical Group Days Sales Outstanding Chart

China Zenith Chemical Group Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Days Sales Outstanding

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28.03

65.89

40.10

48.48

63.68

China Zenith Chemical Group 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															34.07	106.05	34.80	114.59	87.61

Competitive Comparison of China Zenith Chemical Group's Days Sales Outstanding

For the Utilities - Regulated Electric subindustry, China Zenith Chemical 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.

China Zenith Chemical Group's Days Sales Outstanding Distribution in the Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, China Zenith Chemical Group's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where China Zenith Chemical Group's Days Sales Outstanding falls into.

China Zenith Chemical 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.

China Zenith Chemical Group's Days Sales Outstanding for the fiscal year that ended in Jun. 2023 is calculated as

	Days Sales Outstanding (A: Jun. 2023 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Jun. 2022 )	+	Accounts Receivable (A: Jun. 2023 ))	/	count )	/	Revenue (A: Jun. 2023 )	*	Days in Period
=	( (29.759	+	5.43)	/	2 )	/	100.847	*	365
=	17.5945					/	100.847	*	365
=	63.68

China Zenith Chemical Group'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: Jun. 2023 )	+	Accounts Receivable (A: Dec. 2023 ))	/	count )	/	Revenue (A: Dec. 2023 )	*	Days in Period
=	( (5.43	+	18.317)	/	2 )	/	24.733	*	365 / 2
=	11.8735					/	24.733	*	365 / 2
=	87.61

China Zenith Chemical Group (HKSE:00362) 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 Zenith Chemical Group Days Sales Outstanding Related Terms

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China Zenith Chemical Group (HKSE:00362) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Regulated » China Zenith Chemical Group Ltd (HKSE:00362) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

N/A

Address

26 Harbour Road, Room 4007, 40th Floor, China Resources Building, Wanchai, Hong Kong, HKG

Website

http://www.chinazenith.com.hk

China Zenith Chemical Group Ltd is an investment holding company which is engaged in the generation and supply of heat and power. The company's operating segments are Heat and power, Chemical products for agriculture, Calcium carbide, and Construction services. It generates maximum revenue from the Calcium carbide segment. The Calcium carbide segment is engaged in manufacture and sale of calcium carbide and lime powder. Geographically, it derives revenue from the People's Republic of China.

Executives

Cheung Hung	2101 Beneficial owner
Zhong Kuang Lian He Kong Gu Ji Tuan You Xian Gong Si	2101 Beneficial owner
Chiau Che Kong	2101 Beneficial owner
Tang Yiduan	2101 Beneficial owner
Chin Chun Hin	2101 Beneficial owner
Chan Yuen Tung	2101 Beneficial owner
Cheng Ka Kui Arnold	2101 Beneficial owner
Cha Jung Hoon	2101 Beneficial owner
Sze Ching Lau

China Zenith Chemical Group (HKSE:00362) Headlines

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