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GCL New Energy Holdings (HKSE:00451) Days Sales Outstanding : 418.82 (As of Dec. 2023)


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What is GCL New Energy Holdings Days Sales Outstanding?

GCL New Energy Holdings's average Accounts Receivable for the six months ended in Dec. 2023 was HK$1,026.0 Mil. GCL New Energy Holdings's Revenue for the six months ended in Dec. 2023 was HK$447.1 Mil. Hence, GCL New Energy Holdings's Days Sales Outstanding for the six months ended in Dec. 2023 was 418.82.

The historical rank and industry rank for GCL New Energy Holdings's Days Sales Outstanding or its related term are showing as below:

HKSE:00451' s Days Sales Outstanding Range Over the Past 10 Years
Min: 82.22   Med: 457.91   Max: 1144.42
Current: 871.15

During the past 13 years, GCL New Energy Holdings's highest Days Sales Outstanding was 1144.42. The lowest was 82.22. And the median was 457.91.

HKSE:00451's Days Sales Outstanding is ranked worse than
98.04% of 409 companies
in the Utilities - Independent Power Producers industry
Industry Median: 63.62 vs HKSE:00451: 871.15

GCL New Energy Holdings's Days Sales Outstanding declined from Dec. 2022 (1,367.02) to Dec. 2023 (418.82).


GCL New Energy Holdings Days Sales Outstanding Historical Data

The historical data trend for GCL New Energy Holdings'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.

GCL New Energy Holdings Days Sales Outstanding Chart

GCL New Energy Holdings Annual Data
Trend Mar14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Sales Outstanding
Get a 7-Day Free Trial Premium Member Only Premium Member Only 183.74 366.33 555.65 1,144.42 1,116.18

GCL New Energy Holdings Semi-Annual Data
Mar14 Sep14 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 480.48 529.10 1,367.02 1,067.50 418.82

Competitive Comparison of GCL New Energy Holdings's Days Sales Outstanding

For the Utilities - Renewable subindustry, GCL New Energy Holdings'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.


GCL New Energy Holdings's Days Sales Outstanding Distribution in the Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, GCL New Energy Holdings's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where GCL New Energy Holdings's Days Sales Outstanding falls into.



GCL New Energy Holdings 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.

GCL New Energy Holdings'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
=( (4460.041 + 1102.52) / 2 ) / 909.499*365
=2781.2805 / 909.499*365
=1,116.18

GCL New Energy Holdings'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
=( (949.551 + 1102.52) / 2 ) / 447.089*365 / 2
=1026.0355 / 447.089*365 / 2
=418.82

* 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.


GCL New Energy Holdings  (HKSE:00451) Days Sales Outstanding Explanation

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


GCL New Energy Holdings Days Sales Outstanding Related Terms

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GCL New Energy Holdings (HKSE:00451) Business Description

Traded in Other Exchanges
Address
28 Xinqing Road, Industrial Park, GCL New Energy Center, Suzhou, CHN
GCL New Energy Holdings Ltd is an investment holding company that engages in the sale of electricity and development, construction, operation, and management of solar power plants. The company generates nearly all of its revenue from China.
Executives
Elite Time Global Limited
Asia Pacific Energy Fund Limited
Credit Suisse Trust Limited
Dongsheng Photovoltaic Technology (hong Kong) Limited
Gcl Technology Holdings Limited
Zhu Gongshan
Zhu Yufeng
Xie Xin Ji Cheng Ke Ji Gu Fen You Xian Gong Si
Invesco Exchange-traded Fund Trust Ii - Invesco Solar Etf 2106 Person having a security interest in shares
Invesco Capital Management Llc 2102 Investment manager
The Bank Of New York Mellon Corporation 2201 Interest of corporation controlled by you
Shang Hai Qi Xun Tou Zi Guan Li You Xian Gong Si 2201 Interest of corporation controlled by you
Ying Kou Qi Yin Tou Zi Guan Li You Xian Gong Si 2201 Interest of corporation controlled by you
Jiang Su Xie Xin Jian She Guan Li You Xian Gong Si 2201 Interest of corporation controlled by you
Ju Rong Xie Xin Ji Cheng Ke Ji You Xian Gong Si 2201 Interest of corporation controlled by you

GCL New Energy Holdings (HKSE:00451) Headlines

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