Beijing Jingneng Clean Energy Co (HKSE:00579) Days Sales Outstanding : 202.97 (As of Dec. 2023)

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What is Beijing Jingneng Clean Energy Co Days Sales Outstanding?

Beijing Jingneng Clean Energy Co's average Accounts Receivable for the three months ended in Dec. 2023 was HK$12,949 Mil. Beijing Jingneng Clean Energy Co's Revenue for the three months ended in Dec. 2023 was HK$5,821 Mil. Hence, Beijing Jingneng Clean Energy Co's Days Sales Outstanding for the three months ended in Dec. 2023 was 202.97.

The historical rank and industry rank for Beijing Jingneng Clean Energy Co's Days Sales Outstanding or its related term are showing as below:

HKSE:00579' s Days Sales Outstanding Range Over the Past 10 Years
Min: 80.44 Med: 117.9 Max: 270.6
Current: 270.6

During the past 13 years, Beijing Jingneng Clean Energy Co's highest Days Sales Outstanding was 270.60. The lowest was 80.44. And the median was 117.90.

HKSE:00579's Days Sales Outstanding is ranked worse than
95.45% of 506 companies
in the Utilities - Regulated industry
Industry Median: 53.87 vs HKSE:00579: 270.60

Beijing Jingneng Clean Energy Co's Days Sales Outstanding declined from Sep. 2022 (247.19) to Dec. 2023 (202.97).

Warning Sign:

If a company's sales outstanding increases, it means it has difficulty collecting payments from its customers.

Beijing Jingneng Clean Energy Co Days Sales Outstanding Historical Data

The historical data trend for Beijing Jingneng Clean Energy 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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Beijing Jingneng Clean Energy Co Days Sales Outstanding Chart

Beijing Jingneng Clean Energy Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

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114.19

143.49

195.92

213.80

197.02

Beijing Jingneng Clean Energy Co Quarterly Data
	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Sep22	Dec22	Jun23	Sep23	Dec23	Mar24
Days Sales Outstanding	Get a 7-Day Free Trial															186.02	-	266.50	202.97	153.91

Competitive Comparison of Beijing Jingneng Clean Energy Co's Days Sales Outstanding

For the Utilities - Regulated Electric subindustry, Beijing Jingneng Clean Energy 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.

Beijing Jingneng Clean Energy Co's Days Sales Outstanding Distribution in the Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, Beijing Jingneng Clean Energy Co's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where Beijing Jingneng Clean Energy Co's Days Sales Outstanding falls into.

Beijing Jingneng Clean Energy 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.

Beijing Jingneng Clean Energy 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
=	( (12203.608	+	11939.625)	/	2 )	/	22363.434	*	365
=	12071.6165					/	22363.434	*	365
=	197.02

Beijing Jingneng Clean Energy 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: Sep. 2023 )	+	Accounts Receivable (A: Dec. 2023 ))	/	count )	/	Revenue (A: Dec. 2023 )	*	Days in Period
=	( (13958.252	+	11939.625)	/	2 )	/	5821.39	*	365 / 4
=	12948.9385					/	5821.39	*	365 / 4
=	202.97

Beijing Jingneng Clean Energy Co (HKSE:00579) Days Sales Outstanding Explanation

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

Beijing Jingneng Clean Energy Co Days Sales Outstanding Related Terms

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Beijing Jingneng Clean Energy Co (HKSE:00579) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Regulated » Beijing Jingneng Clean Energy Co Ltd (HKSE:00579) » Definitions » Days Sales Outstanding

Traded in Other Exchanges

BJ6:Germany

Address

No. 6 Xibahe Road, 7/8/9 Floor, Chaoyang District, Beijing, CHN, 100028

Website

https://www.jncec.com

Beijing Jingneng Clean Energy Co Ltd H is a subsidiary of the Beijing Energy Holding Company, a state-owned investment enterprise operating in China. The company produces electricity and heat energy from its gas-fired, wind, hydro, and solar power plants. Gas- and wind-powered facilities are responsible for most of this output. Beijing Jingneng Clean Energy generates nearly all of its revenue from the sale of electricity and heat energy resulting from its gas-fired power generation sites. The company is the largest gas-fired power supplier in Beijing and one of the largest wind power operators in China.

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