CM Hi-Tech Cleanroom (HKSE:02115) Days Sales Outstanding : 57.86 (As of Dec. 2023)

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What is CM Hi-Tech Cleanroom Days Sales Outstanding?

CM Hi-Tech Cleanroom's average Accounts Receivable for the six months ended in Dec. 2023 was HK$73.7 Mil. CM Hi-Tech Cleanroom's Revenue for the six months ended in Dec. 2023 was HK$232.3 Mil. Hence, CM Hi-Tech Cleanroom's Days Sales Outstanding for the six months ended in Dec. 2023 was 57.86.

The historical rank and industry rank for CM Hi-Tech Cleanroom's Days Sales Outstanding or its related term are showing as below:

HKSE:02115' s Days Sales Outstanding Range Over the Past 10 Years
Min: 55.81 Med: 78.21 Max: 111.92
Current: 67.22

During the past 7 years, CM Hi-Tech Cleanroom's highest Days Sales Outstanding was 111.92. The lowest was 55.81. And the median was 78.21.

HKSE:02115's Days Sales Outstanding is ranked better than
54.92% of 1648 companies
in the Construction industry
Industry Median: 73.13 vs HKSE:02115: 67.22

CM Hi-Tech Cleanroom's Days Sales Outstanding declined from Dec. 2022 (62.91) to Dec. 2023 (57.86).

CM Hi-Tech Cleanroom Days Sales Outstanding Historical Data

The historical data trend for CM Hi-Tech Cleanroom'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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CM Hi-Tech Cleanroom Days Sales Outstanding Chart

CM Hi-Tech Cleanroom Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

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76.29

93.15

85.48

55.81

71.36

CM Hi-Tech Cleanroom Semi-Annual Data
	Dec17	Dec18	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Days Sales Outstanding	Get a 7-Day Free Trial						76.85	55.76	62.91	75.89	57.86

Competitive Comparison of CM Hi-Tech Cleanroom's Days Sales Outstanding

For the Building Products & Equipment subindustry, CM Hi-Tech Cleanroom'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.

CM Hi-Tech Cleanroom's Days Sales Outstanding Distribution in the Construction Industry

For the Construction industry and Industrials sector, CM Hi-Tech Cleanroom's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where CM Hi-Tech Cleanroom's Days Sales Outstanding falls into.

CM Hi-Tech Cleanroom 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.

CM Hi-Tech Cleanroom'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
=	( (68.152	+	84.339)	/	2 )	/	390.009	*	365
=	76.2455					/	390.009	*	365
=	71.36

CM Hi-Tech Cleanroom'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
=	( (62.977	+	84.339)	/	2 )	/	232.333	*	365 / 2
=	73.658					/	232.333	*	365 / 2
=	57.86

CM Hi-Tech Cleanroom (HKSE:02115) Days Sales Outstanding Explanation

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

CM Hi-Tech Cleanroom Days Sales Outstanding Related Terms

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CM Hi-Tech Cleanroom (HKSE:02115) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » CM Hi-Tech Cleanroom Ltd (HKSE:02115) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

N/A

Address

Lot P.T. 14274, Jalan SU8, Persiaran Tengku Ampuan, Shah Alam, SGR, MYS, 40400

Website

https://www.channelmicron.com

CM Hi-Tech Cleanroom Ltd Formerly Channel Micron Holdings Co Ltd is a cleanroom wall and ceiling systems and cleanroom equipment provider. The company provides a range of cleanroom products and services, including the development, production and installation of cleanroom wall and ceiling systems, and cleanroom equipment such as fan filter units (which filter and regulate airflow in a cleanroom), air showers, pass boxes and HEPA filters. Its segments include Cleanroom wall and ceiling systems, which is the key revenue-generating segment; Cleanroom equipment; and others. It has a business presence in the PRC, Malaysia, the Philippines, Singapore and others. A majority of revenue is derived from the PRC.

Executives

Ng Yew Sum	2101 Beneficial owner
Bockmiller Douglas Frederick	2101 Beneficial owner
Chia Francis Mong Tet	2101 Beneficial owner
Dbs Trustee Limited	2301 Trustee
Bockmiller Lauren Lindquist	2307 Founder of a discretionary trust who can infl
Yap Fui Lee	2202 Interest of your spouse
Chia Mong Tet, Francis	2101 Beneficial owner
Yau Ah Lan	2202 Interest of your spouse

CM Hi-Tech Cleanroom (HKSE:02115) Headlines

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