Tsaker New Energy Tech Co (HKSE:01986) Days Sales Outstanding : 55.20 (As of Dec. 2023)

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What is Tsaker New Energy Tech Co Days Sales Outstanding?

Tsaker New Energy Tech Co's average Accounts Receivable for the six months ended in Dec. 2023 was HK$354 Mil. Tsaker New Energy Tech Co's Revenue for the six months ended in Dec. 2023 was HK$1,169 Mil. Hence, Tsaker New Energy Tech Co's Days Sales Outstanding for the six months ended in Dec. 2023 was 55.20.

The historical rank and industry rank for Tsaker New Energy Tech Co's Days Sales Outstanding or its related term are showing as below:

HKSE:01986' s Days Sales Outstanding Range Over the Past 10 Years
Min: 35.55 Med: 49.08 Max: 69.05
Current: 52.15

During the past 10 years, Tsaker New Energy Tech Co's highest Days Sales Outstanding was 69.05. The lowest was 35.55. And the median was 49.08.

HKSE:01986's Days Sales Outstanding is ranked better than
64.53% of 1528 companies
in the Chemicals industry
Industry Median: 64.105 vs HKSE:01986: 52.15

Tsaker New Energy Tech Co's Days Sales Outstanding increased from Dec. 2022 (34.29) to Dec. 2023 (55.20).

Tsaker New Energy Tech Co Days Sales Outstanding Historical Data

The historical data trend for Tsaker New Energy Tech 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.

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Tsaker New Energy Tech Co Days Sales Outstanding Chart

Tsaker New Energy Tech Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

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39.49

46.65

35.55

40.47

51.35

Tsaker New Energy Tech Co 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															34.06	42.72	34.29	49.71	55.20

Competitive Comparison of Tsaker New Energy Tech Co's Days Sales Outstanding

For the Specialty Chemicals subindustry, Tsaker New Energy Tech 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.

Tsaker New Energy Tech Co's Days Sales Outstanding Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Tsaker New Energy Tech Co's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where Tsaker New Energy Tech Co's Days Sales Outstanding falls into.

Tsaker New Energy Tech 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.

Tsaker New Energy Tech 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
=	( (261.02	+	374.632)	/	2 )	/	2259.172	*	365
=	317.826					/	2259.172	*	365
=	51.35

Tsaker New Energy Tech Co'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
=	( (332.7	+	374.632)	/	2 )	/	1169.314	*	365 / 2
=	353.666					/	1169.314	*	365 / 2
=	55.20

Tsaker New Energy Tech Co (HKSE:01986) Days Sales Outstanding Explanation

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

Tsaker New Energy Tech Co Days Sales Outstanding Related Terms

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Tsaker New Energy Tech Co (HKSE:01986) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Tsaker New Energy Tech Co Ltd (HKSE:01986) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

N/A

Address

Yard 109, Jinghai 3rd Road, 1st Floor, Building 10, Beijing Economic-Technological Development Area, Beijing, CHN, 100020

Website

http://www.tsaker.com

Tsaker New Energy Tech Co Ltd formerly Tsaker Chemical Group Ltd is a manufacturer of dye intermediates, pigment intermediates, battery materials and agricultural chemical intermediates in China. Its operating segments include Dye and agricultural chemical intermediates, Pigment intermediates, Environmental technology consultancy services, and Battery materials. Geographically, it derives the majority of revenue from Mainland China and has a presence in India, Germany, the United States, Taiwan, Spain, Indonesia, Brazil, Italy, Japan, Korea, Turkey, and Other Countries.

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