China Qinfa Group (HKSE:00866) Days Sales Outstanding : 12.00 (As of Dec. 2023)

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What is China Qinfa Group Days Sales Outstanding?

China Qinfa Group's average Accounts Receivable for the six months ended in Dec. 2023 was HK$111 Mil. China Qinfa Group's Revenue for the six months ended in Dec. 2023 was HK$1,688 Mil. Hence, China Qinfa Group's Days Sales Outstanding for the six months ended in Dec. 2023 was 12.00.

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

HKSE:00866' s Days Sales Outstanding Range Over the Past 10 Years
Min: 13.14 Med: 50.63 Max: 259.02
Current: 13.6

During the past 13 years, China Qinfa Group's highest Days Sales Outstanding was 259.02. The lowest was 13.14. And the median was 50.63.

HKSE:00866's Days Sales Outstanding is ranked better than
86.18% of 123 companies
in the Other Energy Sources industry
Industry Median: 33.2 vs HKSE:00866: 13.60

China Qinfa Group's Days Sales Outstanding declined from Dec. 2022 (15.98) to Dec. 2023 (12.00).

China Qinfa Group Days Sales Outstanding Historical Data

The historical data trend for China Qinfa 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 Qinfa Group Days Sales Outstanding Chart

China Qinfa Group Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

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29.30

44.77

23.97

18.23

13.14

China Qinfa 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															9.11	13.75	15.98	15.31	12.00

Competitive Comparison of China Qinfa Group's Days Sales Outstanding

For the Thermal Coal subindustry, China Qinfa 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 Qinfa Group's Days Sales Outstanding Distribution in the Other Energy Sources Industry

For the Other Energy Sources industry and Energy sector, China Qinfa Group's Days Sales Outstanding distribution charts can be found below:

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

China Qinfa 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 Qinfa 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
=	( (199.743	+	71.906)	/	2 )	/	3772.642	*	365
=	135.8245					/	3772.642	*	365
=	13.14

China Qinfa 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
=	( (150.089	+	71.906)	/	2 )	/	1687.983	*	365 / 2
=	110.9975					/	1687.983	*	365 / 2
=	12.00

China Qinfa Group (HKSE:00866) 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 Qinfa Group Days Sales Outstanding Related Terms

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China Qinfa Group (HKSE:00866) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Other Energy Sources » China Qinfa Group Ltd (HKSE:00866) » Definitions » Days Sales Outstanding

Traded in Other Exchanges

N/A

Address

No. 1 Pazhou Avenue East, Unit Nos. 2201 to 2208, Level 22, South Tower, Poly International Plaza, Haizhu District, Guangzhou, CHN

Website

http://www.qinfagroup.com

China Qinfa Group Ltd is a Hong-Kong based firm engaged in coal operation business involving coal mining, purchases and sales, filtering, storage, the blending of coal in the PRC, and shipping transportation. The company operates its business through two segments namely Coal and Shipping transportation segments. Coal business segment covers coal mining, purchases and sales, filtering, storage and blending of coal in the PRC, and Shipping transportation segment provides services of time charter and voyage charter of vessels. It has a business presence in the PRC and other countries, of which the majority of the revenue is generated within the PRC.

China Qinfa Group (HKSE:00866) Headlines

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