Shandong Hi Speed New Energy Group (HKSE:01250) Days Sales Outstanding : 162.87 (As of Dec. 2023)

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What is Shandong Hi Speed New Energy Group Days Sales Outstanding?

Shandong Hi Speed New Energy Group's average Accounts Receivable for the six months ended in Dec. 2023 was HK$1,958 Mil. Shandong Hi Speed New Energy Group's Revenue for the six months ended in Dec. 2023 was HK$2,194 Mil. Hence, Shandong Hi Speed New Energy Group's Days Sales Outstanding for the six months ended in Dec. 2023 was 162.87.

The historical rank and industry rank for Shandong Hi Speed New Energy Group's Days Sales Outstanding or its related term are showing as below:

HKSE:01250' s Days Sales Outstanding Range Over the Past 10 Years
Min: 67.74 Med: 154.52 Max: 308.8
Current: 152.72

During the past 12 years, Shandong Hi Speed New Energy Group's highest Days Sales Outstanding was 308.80. The lowest was 67.74. And the median was 154.52.

HKSE:01250's Days Sales Outstanding is ranked worse than
78% of 409 companies
in the Utilities - Independent Power Producers industry
Industry Median: 63.62 vs HKSE:01250: 152.72

Shandong Hi Speed New Energy Group's Days Sales Outstanding declined from Dec. 2022 (172.55) to Dec. 2023 (162.87).

Shandong Hi Speed New Energy Group Days Sales Outstanding Historical Data

The historical data trend for Shandong Hi Speed New Energy 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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Shandong Hi Speed New Energy Group Days Sales Outstanding Chart

Shandong Hi Speed New Energy Group Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

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177.87

210.82

135.47

157.67

151.37

Shandong Hi Speed New Energy 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															136.75	136.81	172.55	145.89	162.87

Competitive Comparison of Shandong Hi Speed New Energy Group's Days Sales Outstanding

For the Utilities - Renewable subindustry, Shandong Hi Speed New Energy 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.

Shandong Hi Speed New Energy Group's Days Sales Outstanding Distribution in the Utilities - Independent Power Producers Industry

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

* The bar in red indicates where Shandong Hi Speed New Energy Group's Days Sales Outstanding falls into.

Shandong Hi Speed New Energy 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.

Shandong Hi Speed New Energy 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
=	( (2314.294	+	1802.558)	/	2 )	/	4963.431	*	365
=	2058.426					/	4963.431	*	365
=	151.37

Shandong Hi Speed New Energy 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
=	( (2113.397	+	1802.558)	/	2 )	/	2194.017	*	365 / 2
=	1957.9775					/	2194.017	*	365 / 2
=	162.87

Shandong Hi Speed New Energy Group (HKSE:01250) Days Sales Outstanding Explanation

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

Shandong Hi Speed New Energy Group Days Sales Outstanding Related Terms

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Shandong Hi Speed New Energy Group (HKSE:01250) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Independent Power Producers » Shandong Hi Speed New Energy Group Ltd (HKSE:01250) » Definitions » Days Sales Outstanding

Traded in Other Exchanges

N/A

Address

99 Queen's Road, Unit 6707, 67th Floor, The Centre, Central, Hong Kong, HKG

Website

https://www.shneg.com.hk

Shandong Hi Speed New Energy Group Ltd is engaged in the investment, development, construction, operation, and management of clean energy businesses which include Photovoltaic Power, Wind Power, and Clean Heat Supply Business.

Executives

Shandong Hi-speed Holdings Group Limited	2101 Beneficial owner
Citigroup Inc.	2305 Beneficiary of a trust
Shan Dong Gao Su Ji Tuan You Xian Gong Si	2201 Interest of corporation controlled by you
Profit Plan Global Investment Limited	2101 Beneficial owner
Beijing Enterprises Group Company Limited	2201 Interest of corporation controlled by you
Beijing Enterprises Holdings Limited	2201 Interest of corporation controlled by you
Beijing Enterprises Water Group Limited	2201 Interest of corporation controlled by you
Citic Securities Company Limited	2201 Interest of corporation controlled by you
Citron Pe Associates Ii, L.p.	2201 Interest of corporation controlled by you
Citron Pe Holdings Limited	2201 Interest of corporation controlled by you
Cpechina Fund Ii, L.p.	2201 Interest of corporation controlled by you
Cpechina Fund Iia, L.p.	2201 Interest of corporation controlled by you
Zhong Xin Chan Ye Tou Zi Ji Jin Guan Li You Xian Gong Si	2201 Interest of corporation controlled by you
Bei Jing Xin Yu Tou Zi Zhong Xin You Xian He Huo	2201 Interest of corporation controlled by you
Bei Jing You De Tou Zi Guan Li Zhong Xin You Xian He Huo	2201 Interest of corporation controlled by you

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