Central New Energy Holding Group (HKSE:01735) Days Sales Outstanding : 65.31 (As of Dec. 2023)

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What is Central New Energy Holding Group Days Sales Outstanding?

Central New Energy Holding Group's average Accounts Receivable for the six months ended in Dec. 2023 was HK$848 Mil. Central New Energy Holding Group's Revenue for the six months ended in Dec. 2023 was HK$2,368 Mil. Hence, Central New Energy Holding Group's Days Sales Outstanding for the six months ended in Dec. 2023 was 65.31.

The historical rank and industry rank for Central New Energy Holding Group's Days Sales Outstanding or its related term are showing as below:

HKSE:01735' s Days Sales Outstanding Range Over the Past 10 Years
Min: 28.88 Med: 99.06 Max: 178.58
Current: 61.47

During the past 9 years, Central New Energy Holding Group's highest Days Sales Outstanding was 178.58. The lowest was 28.88. And the median was 99.06.

HKSE:01735's Days Sales Outstanding is ranked better than
60.51% of 1646 companies
in the Construction industry
Industry Median: 72.31 vs HKSE:01735: 61.47

Central New Energy Holding Group's Days Sales Outstanding increased from Dec. 2022 (55.51) to Dec. 2023 (65.31).

Central New Energy Holding Group Days Sales Outstanding Historical Data

The historical data trend for Central New Energy Holding 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.

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Central New Energy Holding Group Days Sales Outstanding Chart

Central New Energy Holding Group Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Dec21

Dec22

Dec23

Days Sales Outstanding

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99.06

66.39

28.88

54.77

71.12

Central New Energy Holding Group Semi-Annual Data
	Mar15	Mar16	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Days Sales Outstanding	Get a 7-Day Free Trial											26.12	71.20	55.51	44.30	65.31

Competitive Comparison of Central New Energy Holding Group's Days Sales Outstanding

For the Engineering & Construction subindustry, Central New Energy Holding 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.

Central New Energy Holding Group's Days Sales Outstanding Distribution in the Construction Industry

For the Construction industry and Industrials sector, Central New Energy Holding Group's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where Central New Energy Holding Group's Days Sales Outstanding falls into.

Central New Energy Holding 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.

Central New Energy Holding Group'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
=	( (340.336	+	1229.46)	/	2 )	/	4028.299	*	365
=	784.898					/	4028.299	*	365
=	71.12

Central New Energy Holding 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
=	( (465.562	+	1229.46)	/	2 )	/	2368.228	*	365 / 2
=	847.511					/	2368.228	*	365 / 2
=	65.31

Central New Energy Holding Group (HKSE:01735) Days Sales Outstanding Explanation

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

Central New Energy Holding Group Days Sales Outstanding Related Terms

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Central New Energy Holding Group (HKSE:01735) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Central New Energy Holding Group Ltd (HKSE:01735) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

N/A

Address

191 Java Road, 21th Floor, Unit 2102–03, 10–12, Central K.Wah Centre, North Point, Hong Kong, HKG

Website

http://www.chghk.com

Central New Energy Holding Group Ltd, formerly Central Holding Group Co Ltd is an investment holding company. The company's operating segment includes Building works and construction-related business, superstructure building works, and construction materials supplies; which provide piling works, excavation and lateral support works, and pile cap construction and building works in relation to the parts of the structure above the ground level and supplying of construction materials; Property development and investment; Property management; F&B supply chain; Health and wellness; New energy and EPC; and Smart logistic and information system. The company's geographical segments include Hong Kong and China, of which China accounts for the majority of its revenue.

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