Hunan Chendian International Development Co (SHSE:600969) Days Sales Outstanding : 35.87 (As of Mar. 2024)

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What is Hunan Chendian International Development Co Days Sales Outstanding?

Hunan Chendian International Development Co's average Accounts Receivable for the three months ended in Mar. 2024 was ¥393 Mil. Hunan Chendian International Development Co's Revenue for the three months ended in Mar. 2024 was ¥1,000 Mil. Hence, Hunan Chendian International Development Co's Days Sales Outstanding for the three months ended in Mar. 2024 was 35.87.

The historical rank and industry rank for Hunan Chendian International Development Co's Days Sales Outstanding or its related term are showing as below:

SHSE:600969' s Days Sales Outstanding Range Over the Past 10 Years
Min: 22.54 Med: 27.76 Max: 37.33
Current: 37.33

During the past 13 years, Hunan Chendian International Development Co's highest Days Sales Outstanding was 37.33. The lowest was 22.54. And the median was 27.76.

SHSE:600969's Days Sales Outstanding is ranked better than
70.82% of 514 companies
in the Utilities - Regulated industry
Industry Median: 53.58 vs SHSE:600969: 37.33

Hunan Chendian International Development Co's Days Sales Outstanding declined from Mar. 2023 (36.13) to Mar. 2024 (35.87).

Hunan Chendian International Development Co Days Sales Outstanding Historical Data

The historical data trend for Hunan Chendian International Development 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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Hunan Chendian International Development Co Days Sales Outstanding Chart

Hunan Chendian International Development Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

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26.58

26.12

22.54

26.97

36.70

Hunan Chendian International Development Co Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Days Sales Outstanding	Get a 7-Day Free Trial															36.13	41.42	32.51	40.53	35.87

Competitive Comparison of Hunan Chendian International Development Co's Days Sales Outstanding

For the Utilities - Diversified subindustry, Hunan Chendian International Development 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.

Hunan Chendian International Development Co's Days Sales Outstanding Distribution in the Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, Hunan Chendian International Development Co's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where Hunan Chendian International Development Co's Days Sales Outstanding falls into.

Hunan Chendian International Development 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.

Hunan Chendian International Development 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
=	( (375.512	+	412.756)	/	2 )	/	3920.236	*	365
=	394.134					/	3920.236	*	365
=	36.70

Hunan Chendian International Development Co's Days Sales Outstanding for the quarter that ended in Mar. 2024 is calculated as:

	Days Sales Outstanding (Q: Mar. 2024 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Dec. 2023 )	+	Accounts Receivable (A: Mar. 2024 ))	/	count )	/	Revenue (A: Mar. 2024 )	*	Days in Period
=	( (412.756	+	373.769)	/	2 )	/	1000.493	*	365 / 4
=	393.2625					/	1000.493	*	365 / 4
=	35.87

Hunan Chendian International Development Co (SHSE:600969) Days Sales Outstanding Explanation

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

Hunan Chendian International Development Co Days Sales Outstanding Related Terms

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Hunan Chendian International Development Co (SHSE:600969) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Regulated » Hunan Chendian International Development Co Ltd (SHSE:600969) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

N/A

Address

Wanuo Building, No. 5 Youth Avenue, Hunan Province, Quzhou, CHN, 423000

Website

http://www.chinacdi.com

Hunan Chendian International Development Co Ltd is a China-based company. Its business activities are divided into five divisions including Power supply business that purchases electricity from hydropower, power grid and China Southern Power Grid in the power supply area, and sells electricity to terminal power users through its transmission and power-distribution network, Water supply business mainly produces and sells tap water, Industrial gases provide gas supply services for large and medium-sized steel enterprises., Hydropower development is engaged in investment development and operation management of hydropower stations, and Sewage treatment invests in construction of operating sewage.

Executives

Fan Pei Shun	Director
Yuan Zhi Yong	Director

Hunan Chendian International Development Co (SHSE:600969) Headlines

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