CRRC (HKSE:01766) Days Sales Outstanding : 266.32 (As of Mar. 2024)

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What is CRRC Days Sales Outstanding?

CRRC's average Accounts Receivable for the three months ended in Mar. 2024 was HK$102,032 Mil. CRRC's Revenue for the three months ended in Mar. 2024 was HK$34,960 Mil. Hence, CRRC's Days Sales Outstanding for the three months ended in Mar. 2024 was 266.32.

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

HKSE:01766' s Days Sales Outstanding Range Over the Past 10 Years
Min: 76.85 Med: 113.5 Max: 153.13
Current: 147.04

During the past 13 years, CRRC's highest Days Sales Outstanding was 153.13. The lowest was 76.85. And the median was 113.50.

HKSE:01766's Days Sales Outstanding is ranked worse than
92.85% of 965 companies
in the Transportation industry
Industry Median: 45.68 vs HKSE:01766: 147.04

CRRC's Days Sales Outstanding increased from Mar. 2023 (240.73) to Mar. 2024 (266.32).

CRRC Days Sales Outstanding Historical Data

The historical data trend for CRRC'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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CRRC Days Sales Outstanding Chart

CRRC Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

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99.82

102.63

115.34

138.36

153.13

CRRC 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															240.73	154.12	162.97	101.25	266.32

Competitive Comparison of CRRC's Days Sales Outstanding

For the Railroads subindustry, CRRC'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.

CRRC's Days Sales Outstanding Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, CRRC's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where CRRC's Days Sales Outstanding falls into.

CRRC 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.

CRRC'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
=	( (99373.134	+	115618.802)	/	2 )	/	256230.298	*	365
=	107495.968					/	256230.298	*	365
=	153.13

CRRC'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
=	( (115618.802	+	88445.547)	/	2 )	/	34960.215	*	365 / 4
=	102032.1745					/	34960.215	*	365 / 4
=	266.32

CRRC (HKSE:01766) Days Sales Outstanding Explanation

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

CRRC Days Sales Outstanding Related Terms

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CRRC (HKSE:01766) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » CRRC Corp Ltd (HKSE:01766) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

CRCCY:USA C2L:Germany 601766:China

Address

No. 16-5, Central West Fourth Ring Road, Haidian District, Beijing, CHN, 100036

Website

https://www.crrcgc.cc

CRRC Corp Ltd manufactures products which are used for transportation through railroads. Its product portfolio includes rolling stock, rail transit vehicles, engineering machinery, electrical equipment and related parts, and environmental protection products. The company also engages in allied activities like refurbishment, leasing, technical support to clients, investment, and management, as well as import and export business. Its business operations are spread across Mainland China which derives the highest revenue, and a few other countries.

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