Qingling Motors Co (HKSE:01122) Days Sales Outstanding : 50.62 (As of Jun. 2024)

View and export this data going back to 1994. Start your Free Trial

What is Qingling Motors Co Days Sales Outstanding?

Qingling Motors Co's average Accounts Receivable for the six months ended in Jun. 2024 was HK$631 Mil. Qingling Motors Co's Revenue for the six months ended in Jun. 2024 was HK$2,274 Mil. Hence, Qingling Motors Co's Days Sales Outstanding for the six months ended in Jun. 2024 was 50.62.

The historical rank and industry rank for Qingling Motors Co's Days Sales Outstanding or its related term are showing as below:

HKSE:01122' s Days Sales Outstanding Range Over the Past 10 Years
Min: 11.25 Med: 23.19 Max: 67.86
Current: 46.06

During the past 13 years, Qingling Motors Co's highest Days Sales Outstanding was 67.86. The lowest was 11.25. And the median was 23.19.

HKSE:01122's Days Sales Outstanding is ranked better than
67.68% of 1287 companies
in the Vehicles & Parts industry
Industry Median: 60.65 vs HKSE:01122: 46.06

Qingling Motors Co's Days Sales Outstanding increased from Jun. 2023 (18.06) to Jun. 2024 (50.62).

Qingling Motors Co Days Sales Outstanding Historical Data

The historical data trend for Qingling Motors Co'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.

Qingling Motors Co Days Sales Outstanding Chart

Qingling Motors Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

Get a 7-Day Free Trial

11.25

14.25

15.24

12.90

19.82

Qingling Motors Co Semi-Annual Data
	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24
Days Sales Outstanding	Get a 7-Day Free Trial															8.70	13.45	18.06	29.33	50.62

Competitive Comparison of Qingling Motors Co's Days Sales Outstanding

For the Auto Manufacturers subindustry, Qingling Motors Co'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.

Qingling Motors Co's Days Sales Outstanding Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Qingling Motors Co's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where Qingling Motors Co's Days Sales Outstanding falls into.

Qingling Motors Co 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.

Qingling Motors Co'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
=	( (130.544	+	296.615)	/	2 )	/	3933.814	*	365
=	213.5795					/	3933.814	*	365
=	19.82

Qingling Motors Co's Days Sales Outstanding for the quarter that ended in Jun. 2024 is calculated as:

	Days Sales Outstanding (Q: Jun. 2024 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Dec. 2023 )	+	Accounts Receivable (A: Jun. 2024 ))	/	count )	/	Revenue (A: Jun. 2024 )	*	Days in Period
=	( (296.615	+	964.762)	/	2 )	/	2273.855	*	365 / 2
=	630.6885					/	2273.855	*	365 / 2
=	50.62

Qingling Motors Co (HKSE:01122) Days Sales Outstanding Explanation

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

Qingling Motors Co Days Sales Outstanding Related Terms

Thank you for viewing the detailed overview of Qingling Motors Co's Days Sales Outstanding provided by GuruFocus.com. Please click on the following links to see related term pages.

Qingling Motors Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Qingling Motors Co Ltd (HKSE:01122) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

QGLHF:USA QIN:Germany QIN:Germany QIN:Germany

Address

1 Xiexing Cun, Zhongliangshan, Jiulongpo District, Chongqing, CHN, 400052

Website

https://www.qingling.com.cn

Qingling Motors Co Ltd is a Chinese company which is engaged in the production and sale of Isuzu light, medium, and heavy-duty trucks, pick-up trucks, multi-purpose vehicles, and diesel and petrol engines. It also focuses on the manufacturing and sales of automobile parts and accessories. The company organizes its business into five segments namely Light-duty trucks and chassis; Pickup trucks and chassis; Medium and heavy-duty trucks and chassis; and Automobile parts, accessories, and others. It also focuses on research and development activity for products, materials, mould and processes, and fixtures. The company earns the majority of its revenue from the sale of trucks and vehicles in the People's Republic of China.

Qingling Motors Co Headlines

No Headlines