CIMC Vehicles (Group) Co (HKSE:01839) Days Sales Outstanding : 68.92 (As of Mar. 2024)

View and export this data going back to 2019. Start your Free Trial

What is CIMC Vehicles (Group) Co Days Sales Outstanding?

CIMC Vehicles (Group) Co's average Accounts Receivable for the three months ended in Mar. 2024 was HK$4,228 Mil. CIMC Vehicles (Group) Co's Revenue for the three months ended in Mar. 2024 was HK$5,598 Mil. Hence, CIMC Vehicles (Group) Co's Days Sales Outstanding for the three months ended in Mar. 2024 was 68.92.

The historical rank and industry rank for CIMC Vehicles (Group) Co's Days Sales Outstanding or its related term are showing as below:

HKSE:01839' s Days Sales Outstanding Range Over the Past 10 Years
Min: 35.1 Med: 40.44 Max: 61.37
Current: 61.37

During the past 8 years, CIMC Vehicles (Group) Co's highest Days Sales Outstanding was 61.37. The lowest was 35.10. And the median was 40.44.

HKSE:01839's Days Sales Outstanding is ranked better than
60.77% of 209 companies
in the Farm & Heavy Construction Machinery industry
Industry Median: 73.29 vs HKSE:01839: 61.37

CIMC Vehicles (Group) Co's Days Sales Outstanding increased from Mar. 2023 (45.79) to Mar. 2024 (68.92).

CIMC Vehicles (Group) Co Days Sales Outstanding Historical Data

The historical data trend for CIMC Vehicles (Group) 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.

CIMC Vehicles (Group) Co Days Sales Outstanding Chart

CIMC Vehicles (Group) Co Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

Get a 7-Day Free Trial

38.94

34.13

36.29

47.68

49.93

CIMC Vehicles (Group) Co Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Days Sales Outstanding	Get a 7-Day Free Trial															45.79	52.69	64.81	65.44	68.92

Competitive Comparison of CIMC Vehicles (Group) Co's Days Sales Outstanding

For the Farm & Heavy Construction Machinery subindustry, CIMC Vehicles (Group) 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.

CIMC Vehicles (Group) Co's Days Sales Outstanding Distribution in the Farm & Heavy Construction Machinery Industry

For the Farm & Heavy Construction Machinery industry and Industrials sector, CIMC Vehicles (Group) Co's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where CIMC Vehicles (Group) Co's Days Sales Outstanding falls into.

CIMC Vehicles (Group) 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.

CIMC Vehicles (Group) 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
=	( (3485.831	+	4021.083)	/	2 )	/	27439.168	*	365
=	3753.457					/	27439.168	*	365
=	49.93

CIMC Vehicles (Group) Co's Days Sales Outstanding for the quarter that ended in Mar. 2024 is calculated as:

	Days Sales Outstanding (Q: Mar. 2024 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Dec. 2023 )	+	Accounts Receivable (A: Mar. 2024 ))	/	count )	/	Revenue (A: Mar. 2024 )	*	Days in Period
=	( (4021.083	+	4435.132)	/	2 )	/	5597.726	*	365 / 4
=	4228.1075					/	5597.726	*	365 / 4
=	68.92

CIMC Vehicles (Group) Co (HKSE:01839) Days Sales Outstanding Explanation

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

CIMC Vehicles (Group) Co Days Sales Outstanding Related Terms

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

CIMC Vehicles (Group) Co (HKSE:01839) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Farm & Heavy Construction Machinery » CIMC Vehicles (Group) Co Ltd (HKSE:01839) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

301039:China

Address

No. 2 Gangwan Avenue, Shekou Industrial Zone, Nanshan District, Guangdong, Shenzhen, CHN, 518067

Website

https://www.cimcvehiclesgroup.com

CIMC Vehicles (Group) Co Ltd is engaged in the manufacturing and sale of semi-trailers and truck bodies for specialty vehicles. The semi-trailers mainly include the following product lines, Container chassis trailers, Flatbed trailers & relevant derivative types, Curtain-side trailers, Van trailers, Refrigerated trailers, Tank trailers, and other special types of trailers. The truck body products include dump beds for dump trucks, mixers for mixer trucks, and a wide range of other truck bodies for specialty vehicles. Geographically, it operates in China, North America, Europe, and Other regions, out of which the majority is from China.

Executives

Citigroup Inc.	2502 Approved lending agent
Gic Private Limited	2102 Investment manager
China International Marine Containers (hong Kong) Limited	2101 Beneficial owner
Zhong Guo Guo Ji Hai Yun Ji Zhuang Xiang Ji Tuan Gu Fen You Xian Gong Si	2201 Interest of corporation controlled by you
Wang Xicheng	2201 Interest of corporation controlled by you
Shan Dong Ling Long Lun Tai Gu Fen You Xian Gong Si	2201 Interest of corporation controlled by you
Ling Long Ji Tuan You Xian Gong Si	2201 Interest of corporation controlled by you
Xiang Gang Tian Cheng Tou Zi Mao Yi You Xian Gong Si	2101 Beneficial owner

CIMC Vehicles (Group) Co (HKSE:01839) Headlines

No Headlines