Hongcheng Environmental Technology Co (HKSE:02265) Days Sales Outstanding : 36.12 (As of Dec. 2024)

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What is Hongcheng Environmental Technology Co Days Sales Outstanding?

Hongcheng Environmental Technology Co's average Accounts Receivable for the six months ended in Dec. 2024 was HK$27.2 Mil. Hongcheng Environmental Technology Co's Revenue for the six months ended in Dec. 2024 was HK$137.5 Mil. Hence, Hongcheng Environmental Technology Co's Days Sales Outstanding for the six months ended in Dec. 2024 was 36.12.

The historical rank and industry rank for Hongcheng Environmental Technology Co's Days Sales Outstanding or its related term are showing as below:

HKSE:02265' s Days Sales Outstanding Range Over the Past 10 Years
Min: 20.58 Med: 54.82 Max: 192.01
Current: 48

During the past 7 years, Hongcheng Environmental Technology Co's highest Days Sales Outstanding was 192.01. The lowest was 20.58. And the median was 54.82.

HKSE:02265's Days Sales Outstanding is ranked better than
74.18% of 244 companies
in the Waste Management industry
Industry Median: 75.73 vs HKSE:02265: 48.00

Hongcheng Environmental Technology Co's Days Sales Outstanding declined from Dec. 2023 (146.46) to Dec. 2024 (36.12).

Hongcheng Environmental Technology Co Days Sales Outstanding Historical Data

The historical data trend for Hongcheng Environmental Technology 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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Hongcheng Environmental Technology Co Days Sales Outstanding Chart

Hongcheng Environmental Technology Co Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Days Sales Outstanding

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20.58

54.82

108.04

192.01

51.37

Hongcheng Environmental Technology Co Semi-Annual Data
	Dec18	Dec19	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24	Dec24
Days Sales Outstanding	Get a 7-Day Free Trial						117.22	235.28	146.46	58.91	36.12

Competitive Comparison of Hongcheng Environmental Technology Co's Days Sales Outstanding

For the Waste Management subindustry, Hongcheng Environmental Technology 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.

Hongcheng Environmental Technology Co's Days Sales Outstanding Distribution in the Waste Management Industry

For the Waste Management industry and Industrials sector, Hongcheng Environmental Technology Co's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where Hongcheng Environmental Technology Co's Days Sales Outstanding falls into.

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Hongcheng Environmental Technology 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.

Hongcheng Environmental Technology Co's Days Sales Outstanding for the fiscal year that ended in Dec. 2024 is calculated as

	Days Sales Outstanding (A: Dec. 2024 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Dec. 2023 )	+	Accounts Receivable (A: Dec. 2024 ))	/	count )	/	Revenue (A: Dec. 2024 )	*	Days in Period
=	( (44.453	+	25.846)	/	2 )	/	249.737	*	365
=	35.1495					/	249.737	*	365
=	51.37

Hongcheng Environmental Technology Co's Days Sales Outstanding for the quarter that ended in Dec. 2024 is calculated as:

	Days Sales Outstanding (Q: Dec. 2024 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Jun. 2024 )	+	Accounts Receivable (A: Dec. 2024 ))	/	count )	/	Revenue (A: Dec. 2024 )	*	Days in Period
=	( (28.596	+	25.846)	/	2 )	/	137.52	*	365 / 2
=	27.221					/	137.52	*	365 / 2
=	36.12

Hongcheng Environmental Technology Co (HKSE:02265) Days Sales Outstanding Explanation

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

Hongcheng Environmental Technology Co Days Sales Outstanding Related Terms

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Hongcheng Environmental Technology Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Waste Management » Hongcheng Environmental Technology Co Ltd (HKSE:02265) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

N/A

Address

Yeyan Road North, Dadongzhuang Village North, Shahe Town, Shandong Province, Yantai, Laizhou, CHN

Website

http://www.sdhcgroup.cn

Hongcheng Environmental Technology Co Ltd is an investment holding company. It is engaged in (i) the provision of gold mine hazardous waste treatment services and sales of pyrite concentrate, and (ii) the production and sales of sulphuric acid, iron powder, electricity by reprocessing pyrite concentrate from the waste treatment services in the PRC. It has two reportable segments: Hazardous waste treatment and recycling and Reprocessing of pyrite concentrate and others. Key revenue is generated from Hazardous waste treatment and recycling segment.

Executives

Liu Ze Ming	2201 Interest of corporation controlled by you
Li Li Yan	2202 Interest of your spouse
Zeming International Investment Co., Ltd.	2101 Beneficial owner

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