China Tobacco International (HK) Co (HKSE:06055) Days Sales Outstanding : 45.03 (As of Dec. 2023)

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What is China Tobacco International (HK) Co Days Sales Outstanding?

China Tobacco International (HK) Co's average Accounts Receivable for the six months ended in Dec. 2023 was HK$1,010 Mil. China Tobacco International (HK) Co's Revenue for the six months ended in Dec. 2023 was HK$4,092 Mil. Hence, China Tobacco International (HK) Co's Days Sales Outstanding for the six months ended in Dec. 2023 was 45.03.

The historical rank and industry rank for China Tobacco International (HK) Co's Days Sales Outstanding or its related term are showing as below:

HKSE:06055' s Days Sales Outstanding Range Over the Past 10 Years
Min: 25.01 Med: 34.72 Max: 64.35
Current: 37.24

During the past 8 years, China Tobacco International (HK) Co's highest Days Sales Outstanding was 64.35. The lowest was 25.01. And the median was 34.72.

HKSE:06055's Days Sales Outstanding is ranked worse than
55.77% of 52 companies
in the Tobacco Products industry
Industry Median: 33.05 vs HKSE:06055: 37.24

China Tobacco International (HK) Co's Days Sales Outstanding declined from Dec. 2022 (57.34) to Dec. 2023 (45.03).

China Tobacco International (HK) Co Days Sales Outstanding Historical Data

The historical data trend for China Tobacco International (HK) 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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China Tobacco International (HK) Co Days Sales Outstanding Chart

China Tobacco International (HK) Co Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

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25.01

62.07

38.51

64.35

38.73

China Tobacco International (HK) Co Semi-Annual Data
	Dec16	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Days Sales Outstanding	Get a 7-Day Free Trial									37.88	59.60	57.34	31.99	45.03

Competitive Comparison of China Tobacco International (HK) Co's Days Sales Outstanding

For the Tobacco subindustry, China Tobacco International (HK) 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.

China Tobacco International (HK) Co's Days Sales Outstanding Distribution in the Tobacco Products Industry

For the Tobacco Products industry and Consumer Defensive sector, China Tobacco International (HK) Co's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where China Tobacco International (HK) Co's Days Sales Outstanding falls into.

China Tobacco International (HK) 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.

China Tobacco International (HK) 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
=	( (1603.688	+	908.006)	/	2 )	/	11836.221	*	365
=	1255.847					/	11836.221	*	365
=	38.73

China Tobacco International (HK) 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
=	( (1111.29	+	908.006)	/	2 )	/	4092.222	*	365 / 2
=	1009.648					/	4092.222	*	365 / 2
=	45.03

China Tobacco International (HK) Co (HKSE:06055) Days Sales Outstanding Explanation

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

China Tobacco International (HK) Co Days Sales Outstanding Related Terms

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China Tobacco International (HK) Co (HKSE:06055) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Tobacco Products » China Tobacco International (HK) Co Ltd (HKSE:06055) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

N/A

Address

18 Hung Leun Road, China Life Center, Room 1002, 10th Floor, Tower A, One Harbour Gate, Hung Hom, Kowloon, Hong Kong, HKG

Website

http://www.ctihk.com.hk

China Tobacco International (HK) Co Ltd is engaged in the tobacco business. It operates through the following segments: Tobacco Leaf Products Export Business, the Tobacco Leaf Product Import Business, the Cigarettes Export Business, and New Tobacco Product Export Business. The company's geographical segments are China (excluding the SARs), Indonesia, Hong Kong, Philippines, Vietnam, Singapore, Thailand, and others.

China Tobacco International (HK) Co (HKSE:06055) Headlines

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