Chinney Alliance Group (HKSE:00385) Days Sales Outstanding : 36.56 (As of Dec. 2023)

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What is Chinney Alliance Group Days Sales Outstanding?

Chinney Alliance Group's average Accounts Receivable for the six months ended in Dec. 2023 was HK$690 Mil. Chinney Alliance Group's Revenue for the six months ended in Dec. 2023 was HK$3,443 Mil. Hence, Chinney Alliance Group's Days Sales Outstanding for the six months ended in Dec. 2023 was 36.56.

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

HKSE:00385' s Days Sales Outstanding Range Over the Past 10 Years
Min: 44.63 Med: 55.89 Max: 73.52
Current: 44.63

During the past 13 years, Chinney Alliance Group's highest Days Sales Outstanding was 73.52. The lowest was 44.63. And the median was 55.89.

HKSE:00385's Days Sales Outstanding is ranked better than
78.55% of 1646 companies
in the Construction industry
Industry Median: 72.605 vs HKSE:00385: 44.63

Chinney Alliance Group's Days Sales Outstanding declined from Dec. 2022 (43.88) to Dec. 2023 (36.56).

Chinney Alliance Group Days Sales Outstanding Historical Data

The historical data trend for Chinney Alliance 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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Chinney Alliance Group Days Sales Outstanding Chart

Chinney Alliance Group Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

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48.96

57.65

44.71

51.05

48.57

Chinney Alliance 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															34.92	47.43	43.88	50.93	36.56

Competitive Comparison of Chinney Alliance Group's Days Sales Outstanding

For the Engineering & Construction subindustry, Chinney Alliance 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.

Chinney Alliance Group's Days Sales Outstanding Distribution in the Construction Industry

For the Construction industry and Industrials sector, Chinney Alliance Group's Days Sales Outstanding distribution charts can be found below:

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

Chinney Alliance 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.

Chinney Alliance Group'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
=	( (814.871	+	777.088)	/	2 )	/	5981.64	*	365
=	795.9795					/	5981.64	*	365
=	48.57

Chinney Alliance 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
=	( (602.227	+	777.088)	/	2 )	/	3442.802	*	365 / 2
=	689.6575					/	3442.802	*	365 / 2
=	36.56

Chinney Alliance Group (HKSE:00385) Days Sales Outstanding Explanation

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

Chinney Alliance Group Days Sales Outstanding Related Terms

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Chinney Alliance Group (HKSE:00385) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Chinney Alliance Group Ltd (HKSE:00385) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

N/A

Address

111 Connaught Road Central, 23rd Floor, Wing On Centre, Hong Kong, HKG

Website

https://chinneyalliancegroup.etnet.com.hk

Chinney Alliance Group Ltd is an investment holding company. The company's operating segment includes Plastic and chemical products; Building related contracting services; Building construction; Foundation piling and ground investigation; the aviation segment and others. It generates maximum revenue from the Building related contracting services segment. The Building related contracting services segment consists of the provision of contracting services for both public and private sectors, including engineering contracting services in the air-conditioning industry and the provision of maintenance services. Geographically, it derives a majority of revenue from Hong Kong.

Executives

Wong Sai Wing, James

2201 Interest of corporation controlled by you

Chinney Alliance Group (HKSE:00385) Headlines

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