Huayu Expressway Group (HKSE:01823) Days Sales Outstanding : 2.15 (As of Dec. 2023)

View and export this data going back to 2009. Start your Free Trial

What is Huayu Expressway Group Days Sales Outstanding?

Huayu Expressway Group's average Accounts Receivable for the six months ended in Dec. 2023 was HK$1.7 Mil. Huayu Expressway Group's Revenue for the six months ended in Dec. 2023 was HK$142.5 Mil. Hence, Huayu Expressway Group's Days Sales Outstanding for the six months ended in Dec. 2023 was 2.15.

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

HKSE:01823' s Days Sales Outstanding Range Over the Past 10 Years
Min: 1.23 Med: 3.41 Max: 22.97
Current: 1.23

During the past 13 years, Huayu Expressway Group's highest Days Sales Outstanding was 22.97. The lowest was 1.23. And the median was 3.41.

HKSE:01823's Days Sales Outstanding is ranked better than
99.51% of 1646 companies
in the Construction industry
Industry Median: 72.605 vs HKSE:01823: 1.23

Huayu Expressway Group's Days Sales Outstanding declined from Dec. 2022 (5.42) to Dec. 2023 (2.15).

Huayu Expressway Group Days Sales Outstanding Historical Data

The historical data trend for Huayu Expressway 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.

Huayu Expressway Group Days Sales Outstanding Chart

Huayu Expressway Group Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

Get a 7-Day Free Trial

22.97

9.51

3.41

1.49

Huayu Expressway 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															6.57	6.13	5.42	0.59	2.15

Competitive Comparison of Huayu Expressway Group's Days Sales Outstanding

For the Infrastructure Operations subindustry, Huayu Expressway 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.

Huayu Expressway Group's Days Sales Outstanding Distribution in the Construction Industry

For the Construction industry and Industrials sector, Huayu Expressway Group's Days Sales Outstanding distribution charts can be found below:

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

Huayu Expressway 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.

Huayu Expressway 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
=	( (1.125	+	2.519)	/	2 )	/	445.282	*	365
=	1.822					/	445.282	*	365
=	1.49

Huayu Expressway 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
=	( (0.84	+	2.519)	/	2 )	/	142.515	*	365 / 2
=	1.6795					/	142.515	*	365 / 2
=	2.15

Huayu Expressway Group (HKSE:01823) Days Sales Outstanding Explanation

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

Huayu Expressway Group Days Sales Outstanding Related Terms

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

Huayu Expressway Group (HKSE:01823) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Huayu Expressway Group Ltd (HKSE:01823) » Definitions » Days Sales Outstanding

Traded in Other Exchanges

N/A

Address

89 Queensway, Lippo Centre, Unit 1205, 12th Floor , Tower 1, Hong Kong, HKG

Website

http://www.huayu.com.hk

Huayu Expressway Group Ltd is an Investment holding firm. The company with its subsidiaries is engaged in the development of infrastructure mainly in China. Its primary business is to invest, build, operate, and manage infrastructure projects. It has three reportable segments: Qing Ping Expressway, construction, operation, and management of the Qing Ping Expressway, and; Liquor and spirits, the main distribution of Huamaojiu and Xijiushaofang, and the majority of the revenue comes from the Liquor and spirits.

Executives

Integrated Capital (asia) Limited	2101 Beneficial owner
Yam Tak Cheung	2201 Interest of corporation controlled by you
Velocity International Limited	2101 Beneficial owner
Tcg Capital Investment Limited	2106 Person having a security interest in shares
Chan Yeung Nam	2201 Interest of corporation controlled by you

Huayu Expressway Group (HKSE:01823) Headlines

No Headlines