SINOPEC Engineering (Group) Co (HKSE:02386) Days Sales Outstanding : 18.01 (As of Dec. 2023)

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What is SINOPEC Engineering (Group) Co Days Sales Outstanding?

SINOPEC Engineering (Group) Co's average Accounts Receivable for the six months ended in Dec. 2023 was HK$3,388 Mil. SINOPEC Engineering (Group) Co's Revenue for the six months ended in Dec. 2023 was HK$34,335 Mil. Hence, SINOPEC Engineering (Group) Co's Days Sales Outstanding for the six months ended in Dec. 2023 was 18.01.

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

HKSE:02386' s Days Sales Outstanding Range Over the Past 10 Years
Min: 19.98 Med: 44.52 Max: 144.29
Current: 19.98

During the past 12 years, SINOPEC Engineering (Group) Co's highest Days Sales Outstanding was 144.29. The lowest was 19.98. And the median was 44.52.

HKSE:02386's Days Sales Outstanding is ranked better than
94.65% of 1644 companies
in the Construction industry
Industry Median: 72.4 vs HKSE:02386: 19.98

SINOPEC Engineering (Group) Co's Days Sales Outstanding declined from Dec. 2022 (21.01) to Dec. 2023 (18.01).

SINOPEC Engineering (Group) Co Days Sales Outstanding Historical Data

The historical data trend for SINOPEC Engineering (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.

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SINOPEC Engineering (Group) Co Days Sales Outstanding Chart

SINOPEC Engineering (Group) Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

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29.18

28.80

24.13

22.39

20.89

SINOPEC Engineering (Group) 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															22.13	22.73	21.01	21.44	18.01

Competitive Comparison of SINOPEC Engineering (Group) Co's Days Sales Outstanding

For the Engineering & Construction subindustry, SINOPEC Engineering (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.

SINOPEC Engineering (Group) Co's Days Sales Outstanding Distribution in the Construction Industry

For the Construction industry and Industrials sector, SINOPEC Engineering (Group) Co's Days Sales Outstanding distribution charts can be found below:

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

SINOPEC Engineering (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.

SINOPEC Engineering (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
=	( (3322.527	+	3716.175)	/	2 )	/	61492.95	*	365
=	3519.351					/	61492.95	*	365
=	20.89

SINOPEC Engineering (Group) 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
=	( (3059.396	+	3716.175)	/	2 )	/	34334.792	*	365 / 2
=	3387.7855					/	34334.792	*	365 / 2
=	18.01

SINOPEC Engineering (Group) Co (HKSE:02386) Days Sales Outstanding Explanation

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

SINOPEC Engineering (Group) Co Days Sales Outstanding Related Terms

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SINOPEC Engineering (Group) Co (HKSE:02386) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » SINOPEC Engineering (Group) Co Ltd (HKSE:02386) » Definitions » Days Sales Outstanding

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SENGF:USA

Address

Shenggu Middle Road, No. 8 Building, Shenggu Home, Chaoyang District, Beijing, CHN, 100029

Website

http://www.segroup.cn

SINOPEC Engineering (Group) Co Ltd is a wholly owned subsidiary of the Sinopec Group, a Chinese company. The group provides integrated engineering services and technical patents for domestic and international refining and chemical engineering businesses. The group mainly contains four segments: engineering, consulting and licensing; engineering, procurement and construction (EPC) contracting; construction; and equipment manufacturing. The company generates most of its revenue from the EPC contracting segment. Geographically, the business presence of the group is primarily seen in China, Malaysia, Kuwait, and Saudi Arabia.

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