New Universe Environmental Group (HKSE:00436) Days Sales Outstanding : 81.82 (As of Dec. 2023)

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What is New Universe Environmental Group Days Sales Outstanding?

New Universe Environmental Group's average Accounts Receivable for the six months ended in Dec. 2023 was HK$91.7 Mil. New Universe Environmental Group's Revenue for the six months ended in Dec. 2023 was HK$204.4 Mil. Hence, New Universe Environmental Group's Days Sales Outstanding for the six months ended in Dec. 2023 was 81.82.

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

HKSE:00436' s Days Sales Outstanding Range Over the Past 10 Years
Min: 31.25 Med: 45.8 Max: 103.36
Current: 92.44

During the past 13 years, New Universe Environmental Group's highest Days Sales Outstanding was 103.36. The lowest was 31.25. And the median was 45.80.

HKSE:00436's Days Sales Outstanding is ranked worse than
59.39% of 229 companies
in the Waste Management industry
Industry Median: 72.65 vs HKSE:00436: 92.44

New Universe Environmental Group's Days Sales Outstanding declined from Dec. 2022 (103.79) to Dec. 2023 (81.82).

New Universe Environmental Group Days Sales Outstanding Historical Data

The historical data trend for New Universe Environmental 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.

New Universe Environmental Group Days Sales Outstanding Chart

New Universe Environmental Group Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

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34.81

48.69

73.97

103.36

89.18

New Universe Environmental 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															73.33	112.55	103.79	106.51	81.82

Competitive Comparison of New Universe Environmental Group's Days Sales Outstanding

For the Waste Management subindustry, New Universe Environmental 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.

New Universe Environmental Group's Days Sales Outstanding Distribution in the Waste Management Industry

For the Waste Management industry and Industrials sector, New Universe Environmental Group's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where New Universe Environmental Group's Days Sales Outstanding falls into.

New Universe Environmental 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.

New Universe Environmental 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
=	( (124.866	+	73.337)	/	2 )	/	405.612	*	365
=	99.1015					/	405.612	*	365
=	89.18

New Universe Environmental 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
=	( (109.965	+	73.337)	/	2 )	/	204.431	*	365 / 2
=	91.651					/	204.431	*	365 / 2
=	81.82

New Universe Environmental Group (HKSE:00436) Days Sales Outstanding Explanation

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

New Universe Environmental Group Days Sales Outstanding Related Terms

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New Universe Environmental Group (HKSE:00436) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Waste Management » New Universe Environmental Group Ltd (HKSE:00436) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

N/A

Address

16 Wang Hoi Road, Rooms 2110-2112, Telford House, Kowloon Bay, Kowloon, Hong Kong, HKG

Website

http://www.nuigl.com

New Universe Environmental Group Ltd is engaged in providing hazardous waste treatment services. It operates in four segments: Provision of industrial and medical waste treatment and disposal services; provision of environmental plating sewage treatment services and provision of related facilities and utilities in an eco-plating specialized zone (including industrial sewage treatment services, providing related utilities and management services, and providing factory facilities); provision of environmental equipment construction and installation services, investments in plastic materials dyeing operations. It mainly functions in China and earns the majority of its revenue from the Environmental waste treatment services segment.

Executives

New Universe Enterprises Limited	2201 Interest of corporation controlled by you
China Minsheng Investment Group Corp., Ltd.	2101 Beneficial owner

New Universe Environmental Group (HKSE:00436) Headlines

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