China Merchants Expressway Network & Technology Holdings Co (SZSE:001965) Days Sales Outstanding : 55.93 (As of Mar. 2024)

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What is China Merchants Expressway Network & Technology Holdings Co Days Sales Outstanding?

China Merchants Expressway Network & Technology Holdings Co's average Accounts Receivable for the three months ended in Mar. 2024 was ¥1,852 Mil. China Merchants Expressway Network & Technology Holdings Co's Revenue for the three months ended in Mar. 2024 was ¥3,022 Mil. Hence, China Merchants Expressway Network & Technology Holdings Co's Days Sales Outstanding for the three months ended in Mar. 2024 was 55.93.

The historical rank and industry rank for China Merchants Expressway Network & Technology Holdings Co's Days Sales Outstanding or its related term are showing as below:

SZSE:001965' s Days Sales Outstanding Range Over the Past 10 Years
Min: 54.83 Med: 72.76 Max: 88.55
Current: 61.94

During the past 10 years, China Merchants Expressway Network & Technology Holdings Co's highest Days Sales Outstanding was 88.55. The lowest was 54.83. And the median was 72.76.

SZSE:001965's Days Sales Outstanding is ranked better than
60.01% of 1643 companies
in the Construction industry
Industry Median: 72.41 vs SZSE:001965: 61.94

China Merchants Expressway Network & Technology Holdings Co's Days Sales Outstanding declined from Mar. 2023 (78.24) to Mar. 2024 (55.93).

China Merchants Expressway Network & Technology Holdings Co Days Sales Outstanding Historical Data

The historical data trend for China Merchants Expressway Network & Technology Holdings 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 Merchants Expressway Network & Technology Holdings Co Days Sales Outstanding Chart

China Merchants Expressway Network & Technology Holdings Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

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62.99

64.33

54.83

69.58

68.01

China Merchants Expressway Network & Technology Holdings 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															78.24	71.03	73.45	54.13	55.93

Competitive Comparison of China Merchants Expressway Network & Technology Holdings Co's Days Sales Outstanding

For the Infrastructure Operations subindustry, China Merchants Expressway Network & Technology Holdings 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 Merchants Expressway Network & Technology Holdings Co's Days Sales Outstanding Distribution in the Construction Industry

For the Construction industry and Industrials sector, China Merchants Expressway Network & Technology Holdings Co's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where China Merchants Expressway Network & Technology Holdings Co's Days Sales Outstanding falls into.

China Merchants Expressway Network & Technology Holdings 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 Merchants Expressway Network & Technology Holdings 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
=	( (1766.96	+	1859.539)	/	2 )	/	9731.355	*	365
=	1813.2495					/	9731.355	*	365
=	68.01

China Merchants Expressway Network & Technology Holdings 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
=	( (1859.539	+	1844.223)	/	2 )	/	3021.523	*	365 / 4
=	1851.881					/	3021.523	*	365 / 4
=	55.93

China Merchants Expressway Network & Technology Holdings Co (SZSE:001965) 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 Merchants Expressway Network & Technology Holdings Co Days Sales Outstanding Related Terms

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China Merchants Expressway Network & Technology Holdings Co (SZSE:001965) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » China Merchants Expressway Network & Technology Holdings Co Ltd (SZSE:001965) » Definitions » Days Sales Outstanding

Traded in Other Exchanges

N/A

Address

No.118 Jian Guo Road, 31F China Merchants Tower, Chaoyang District, Beijing, CHN, 100022

Website

http://www.cmexpressway.com

China Merchants Expressway Network & Technology Holdings Co Ltd is a China-based service provider for expressway investment and operation. Its business activities include investment and operation of expressway transportation infrastructure, transportation science and technology, intelligent transportation and other industries related to the expressway. Its investment projects include Yongtaiwen Expressway, Beilun Port Expressway, Jiurui Expressway, Huaizhi Expressway, Gaojie Expressway, Zhengxin Huanghe Bridge, among others.

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