Hainan Meilan International Airport Co (Hainan Meilan International Airport Co) Days Sales Outstanding : 71.84 (As of Dec. 2023)

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What is Hainan Meilan International Airport Co Days Sales Outstanding?

Hainan Meilan International Airport Co's average Accounts Receivable for the six months ended in Dec. 2023 was $56.2 Mil. Hainan Meilan International Airport Co's Revenue for the six months ended in Dec. 2023 was $142.8 Mil. Hence, Hainan Meilan International Airport Co's Days Sales Outstanding for the six months ended in Dec. 2023 was 71.84.

The historical rank and industry rank for Hainan Meilan International Airport Co's Days Sales Outstanding or its related term are showing as below:

HMCTF' s Days Sales Outstanding Range Over the Past 10 Years
Min: 42.29 Med: 75.43 Max: 108.41
Current: 62.81

During the past 13 years, Hainan Meilan International Airport Co's highest Days Sales Outstanding was 108.41. The lowest was 42.29. And the median was 75.43.

HMCTF's Days Sales Outstanding is ranked worse than
69.66% of 959 companies
in the Transportation industry
Industry Median: 46.1 vs HMCTF: 62.81

Hainan Meilan International Airport Co's Days Sales Outstanding declined from Dec. 2022 (97.15) to Dec. 2023 (71.84).

Hainan Meilan International Airport Co Days Sales Outstanding Historical Data

The historical data trend for Hainan Meilan International Airport 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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Hainan Meilan International Airport Co Days Sales Outstanding Chart

Hainan Meilan International Airport Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

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100.65

107.99

74.26

96.89

60.31

Hainan Meilan International Airport 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															88.85	87.81	97.15	56.75	71.84

Competitive Comparison of Hainan Meilan International Airport Co's Days Sales Outstanding

For the Airports & Air Services subindustry, Hainan Meilan International Airport 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.

Hainan Meilan International Airport Co's Days Sales Outstanding Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Hainan Meilan International Airport Co's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where Hainan Meilan International Airport Co's Days Sales Outstanding falls into.

Hainan Meilan International Airport 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.

Hainan Meilan International Airport 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
=	( (38.336	+	58.192)	/	2 )	/	292.104	*	365
=	48.264					/	292.104	*	365
=	60.31

Hainan Meilan International Airport 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
=	( (54.238	+	58.192)	/	2 )	/	142.816	*	365 / 2
=	56.215					/	142.816	*	365 / 2
=	71.84

Hainan Meilan International Airport Co (OTCPK:HMCTF) Days Sales Outstanding Explanation

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

Hainan Meilan International Airport Co Days Sales Outstanding Related Terms

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Hainan Meilan International Airport Co (Hainan Meilan International Airport Co) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Hainan Meilan International Airport Co Ltd (OTCPK:HMCTF) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

00357:Hong Kong HAO:Germany HAO:Germany

Address

Office Building of Meilan Airport, Hainan Province, Haikou, CHN, 571126

Website

http://www.mlairport.com

Hainan Meilan International Airport Co Ltd is engaged in the operation of an airport and an ancillary hotel and the provision of related services in the PRC. The company engages and generates revenues from the operational activities at the Meilan Airport of the Hainan Province in the People's Republic of China (PRC). Under its aeronautical businesses, the firm provides terminal facilities, ground handling services, and passenger services. The non-aeronautical business includes the leasing of commercial and retail spaces at Meilan Airport, franchising of airport-related business, advertising, car parking, cargo handling, and sales of consumable goods.

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