China High-Speed Railway Technology Co (SZSE:000008) Days Sales Outstanding : 1,173.40 (As of Mar. 2024)

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What is China High-Speed Railway Technology Co Days Sales Outstanding?

China High-Speed Railway Technology Co's average Accounts Receivable for the three months ended in Mar. 2024 was ¥2,319 Mil. China High-Speed Railway Technology Co's Revenue for the three months ended in Mar. 2024 was ¥180 Mil. Hence, China High-Speed Railway Technology Co's Days Sales Outstanding for the three months ended in Mar. 2024 was 1,173.40.

The historical rank and industry rank for China High-Speed Railway Technology Co's Days Sales Outstanding or its related term are showing as below:

SZSE:000008' s Days Sales Outstanding Range Over the Past 10 Years
Min: 6.2 Med: 362.73 Max: 627.6
Current: 363.97

During the past 13 years, China High-Speed Railway Technology Co's highest Days Sales Outstanding was 627.60. The lowest was 6.20. And the median was 362.73.

SZSE:000008's Days Sales Outstanding is ranked worse than
94.59% of 1644 companies
in the Construction industry
Industry Median: 72.45 vs SZSE:000008: 363.97

China High-Speed Railway Technology Co's Days Sales Outstanding increased from Mar. 2023 (483.84) to Mar. 2024 (1,173.40).

China High-Speed Railway Technology Co Days Sales Outstanding Historical Data

The historical data trend for China High-Speed Railway 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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China High-Speed Railway Technology Co Days Sales Outstanding Chart

China High-Speed Railway Technology Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

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379.85

627.60

475.08

526.78

345.61

China High-Speed Railway Technology 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															483.84	512.49	413.26	176.43	1,173.40

Competitive Comparison of China High-Speed Railway Technology Co's Days Sales Outstanding

For the Infrastructure Operations subindustry, China High-Speed Railway 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.

China High-Speed Railway Technology Co's Days Sales Outstanding Distribution in the Construction Industry

For the Construction industry and Industrials sector, China High-Speed Railway Technology Co's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where China High-Speed Railway Technology Co's Days Sales Outstanding falls into.

China High-Speed Railway 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.

China High-Speed Railway Technology 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
=	( (2328.817	+	2427.661)	/	2 )	/	2511.648	*	365
=	2378.239					/	2511.648	*	365
=	345.61

China High-Speed Railway Technology 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
=	( (2427.661	+	2209.858)	/	2 )	/	180.32	*	365 / 4
=	2318.7595					/	180.32	*	365 / 4
=	1,173.40

China High-Speed Railway Technology Co (SZSE:000008) 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 High-Speed Railway Technology Co Days Sales Outstanding Related Terms

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China High-Speed Railway Technology Co (SZSE:000008) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » China High-Speed Railway Technology Co Ltd (SZSE:000008) » Definitions » Days Sales Outstanding

Traded in Other Exchanges

N/A

Address

Gaoliangqiao Street, 16 / F, Building 1, No. 59, Haidian District, Beijing, CHN, 100044

Website

http://www.shenzhou-gaotie.com

China High-Speed Railway Technology Co Ltd is a China-based company engages in the operation and maintenance of rail transit. Its products include high power locomotive, long rail welding, and maintenance series, power supply system operation, railway intelligent equipment and station scheduling series. It provides overall solutions, core equipment, and integrated services for rail transit operations and maintenance.

China High-Speed Railway Technology Co (SZSE:000008) Headlines

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