China Environmental Resources Group (HKSE:01130) Days Sales Outstanding : 74.68 (As of Dec. 2023)

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What is China Environmental Resources Group Days Sales Outstanding?

China Environmental Resources Group's average Accounts Receivable for the six months ended in Dec. 2023 was HK$16.60 Mil. China Environmental Resources Group's Revenue for the six months ended in Dec. 2023 was HK$40.56 Mil. Hence, China Environmental Resources Group's Days Sales Outstanding for the six months ended in Dec. 2023 was 74.68.

The historical rank and industry rank for China Environmental Resources Group's Days Sales Outstanding or its related term are showing as below:

HKSE:01130' s Days Sales Outstanding Range Over the Past 10 Years
Min: 19.08 Med: 155.18 Max: 656.01
Current: 74.99

During the past 13 years, China Environmental Resources Group's highest Days Sales Outstanding was 656.01. The lowest was 19.08. And the median was 155.18.

HKSE:01130's Days Sales Outstanding is ranked worse than
67.8% of 1270 companies
in the Vehicles & Parts industry
Industry Median: 60.37 vs HKSE:01130: 74.99

China Environmental Resources Group's Days Sales Outstanding declined from Dec. 2022 (90.85) to Dec. 2023 (74.68).

China Environmental Resources Group Days Sales Outstanding Historical Data

The historical data trend for China Environmental Resources Group'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.

* Premium members only.

China Environmental Resources Group Days Sales Outstanding Chart

China Environmental Resources Group Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Days Sales Outstanding

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94.43

191.41

165.17

111.40

90.61

China Environmental Resources Group Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Days Sales Outstanding	Get a 7-Day Free Trial															136.73	89.20	90.85	75.05	74.68

Competitive Comparison of China Environmental Resources Group's Days Sales Outstanding

For the Auto & Truck Dealerships subindustry, China Environmental Resources Group'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 Environmental Resources Group's Days Sales Outstanding Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, China Environmental Resources Group's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where China Environmental Resources Group's Days Sales Outstanding falls into.

China Environmental Resources Group 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 Environmental Resources Group's Days Sales Outstanding for the fiscal year that ended in Jun. 2023 is calculated as

	Days Sales Outstanding (A: Jun. 2023 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Jun. 2022 )	+	Accounts Receivable (A: Jun. 2023 ))	/	count )	/	Revenue (A: Jun. 2023 )	*	Days in Period
=	( (25.138	+	16.774)	/	2 )	/	84.414	*	365
=	20.956					/	84.414	*	365
=	90.61

China Environmental Resources Group'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: Jun. 2023 )	+	Accounts Receivable (A: Dec. 2023 ))	/	count )	/	Revenue (A: Dec. 2023 )	*	Days in Period
=	( (16.774	+	16.419)	/	2 )	/	40.558	*	365 / 2
=	16.5965					/	40.558	*	365 / 2
=	74.68

China Environmental Resources Group (HKSE:01130) 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 Environmental Resources Group Days Sales Outstanding Related Terms

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China Environmental Resources Group (HKSE:01130) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » China Environmental Resources Group Ltd (HKSE:01130) » Definitions » Days Sales Outstanding

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Traded in Other Exchanges

RS1:Singapore

Address

No. 1 Science Museum Road, Room 2608, 26th Floor, Greenfield Tower, Concordia Plaza, Tsim Sha Tsui East Kowloon, Hong Kong, HKG

Website

https://www.cergroup.com.hk

China Environmental Resources Group Ltd is an investment holding company. It has seven reportable segments: Trading of recycled metals; Trading of motor vehicles and related accessories; Property investment; Provision of financial services; Sales of golden flower tea products; Securities trading and investment; and Sales of plantation materials and products. It has geographic operations in the PRC, Hong Kong, Nepal, and Macau. It derives a vast majority of the revenues from the trading of motor vehicles and related accessories segment within Hong Kong.

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