Jianzhong Construction Development (HKSE:00589) Days Sales Outstanding : 1,297.34 (As of Jun. 2023)

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What is Jianzhong Construction Development Days Sales Outstanding?

Jianzhong Construction Development's average Accounts Receivable for the six months ended in Jun. 2023 was HK$669.1 Mil. Jianzhong Construction Development's Revenue for the six months ended in Jun. 2023 was HK$94.1 Mil. Hence, Jianzhong Construction Development's Days Sales Outstanding for the six months ended in Jun. 2023 was 1,297.34.

The historical rank and industry rank for Jianzhong Construction Development's Days Sales Outstanding or its related term are showing as below:

HKSE:00589' s Days Sales Outstanding Range Over the Past 10 Years
Min: 56.22 Med: 71.59 Max: 644
Current: 644

During the past 7 years, Jianzhong Construction Development's highest Days Sales Outstanding was 644.00. The lowest was 56.22. And the median was 71.59.

HKSE:00589's Days Sales Outstanding is not ranked
in the Construction industry.
Industry Median: 73.38 vs HKSE:00589: 644.00

Jianzhong Construction Development's Days Sales Outstanding increased from Jun. 2022 (483.26) to Jun. 2023 (1,297.34).

Warning Sign:

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

Jianzhong Construction Development Days Sales Outstanding Historical Data

The historical data trend for Jianzhong Construction Development'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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Jianzhong Construction Development Days Sales Outstanding Chart

Jianzhong Construction Development Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Days Sales Outstanding

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59.69

71.59

157.72

230.99

487.60

Jianzhong Construction Development Semi-Annual Data
	Dec16	Dec17	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23
Days Sales Outstanding	Get a 7-Day Free Trial							235.30	258.65	483.26	443.23	1,297.34

Competitive Comparison of Jianzhong Construction Development's Days Sales Outstanding

For the Engineering & Construction subindustry, Jianzhong Construction Development'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.

Jianzhong Construction Development's Days Sales Outstanding Distribution in the Construction Industry

For the Construction industry and Industrials sector, Jianzhong Construction Development's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where Jianzhong Construction Development's Days Sales Outstanding falls into.

Jianzhong Construction Development 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.

Jianzhong Construction Development's Days Sales Outstanding for the fiscal year that ended in Dec. 2022 is calculated as

	Days Sales Outstanding (A: Dec. 2022 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Dec. 2021 )	+	Accounts Receivable (A: Dec. 2022 ))	/	count )	/	Revenue (A: Dec. 2022 )	*	Days in Period
=	( (855.404	+	709.798)	/	2 )	/	585.831	*	365
=	782.601					/	585.831	*	365
=	487.60

Jianzhong Construction Development's Days Sales Outstanding for the quarter that ended in Jun. 2023 is calculated as:

	Days Sales Outstanding (Q: Jun. 2023 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Dec. 2022 )	+	Accounts Receivable (A: Jun. 2023 ))	/	count )	/	Revenue (A: Jun. 2023 )	*	Days in Period
=	( (709.798	+	628.412)	/	2 )	/	94.125	*	365 / 2
=	669.105					/	94.125	*	365 / 2
=	1,297.34

Jianzhong Construction Development (HKSE:00589) Days Sales Outstanding Explanation

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

Jianzhong Construction Development Days Sales Outstanding Related Terms

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Jianzhong Construction Development (HKSE:00589) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Jianzhong Construction Development Ltd (HKSE:00589) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

N/A

Address

No.33 Zhaoqiang Road, 2002, Jinlan Building, Mawei District, Fujian, Fuzhou, CHN

Website

https://www.fjjzkj.com

Jianzhong Construction Development Ltd is a construction services provider based in Fujian Province offering solutions in foundation works. The company foundation works including bored piles, H-piles, Larssen sheet piles, diaphragm walls, and tunnelling works. Its other construction services including formwork and scaffolding works including formwork and falsework design, manufacturing of scaffold and erection services; construction of sewage treatment infrastructure; and other construction work mainly E&M engineering works. Its segments include Construction service; Equipment operation service; Sewage treatment operation; and Others that include sales of construction materials and equipment and others.

Executives

Furi Investment Limited	2101 Beneficial owner
Leng Yan	2202 Interest of your spouse
Xun Liangbao	2201 Interest of corporation controlled by you
Xun Minghong	2201 Interest of corporation controlled by you
Mhx Investment Limited	2101 Beneficial owner
Song Dongling	2202 Interest of your spouse
Cv Construction Capital Limited	2101 Beneficial owner
An Hui Hai Luo Chuang Ye Tou Zi You Xian Ze Ren Gong Si	2201 Interest of corporation controlled by you
Hai Luo Chuang Ye Fa Zhan You Xian Gong Si	2201 Interest of corporation controlled by you
Shang Hai Yi Jiang Tou Zi You Xian Gong Si	2201 Interest of corporation controlled by you
Yi Jiang Guo Ji You Xian Gong Si	2201 Interest of corporation controlled by you

Jianzhong Construction Development (HKSE:00589) Headlines

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