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Chengdu Expressway Co (HKSE:01785) Days Sales Outstanding : 28.34 (As of Dec. 2023)


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What is Chengdu Expressway Co Days Sales Outstanding?

Chengdu Expressway Co's average Accounts Receivable for the three months ended in Dec. 2023 was HK$233 Mil. Chengdu Expressway Co's Revenue for the three months ended in Dec. 2023 was HK$751 Mil. Hence, Chengdu Expressway Co's Days Sales Outstanding for the three months ended in Dec. 2023 was 28.34.

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

HKSE:01785' s Days Sales Outstanding Range Over the Past 10 Years
Min: 4.77   Med: 14.26   Max: 180.37
Current: 39.29

During the past 9 years, Chengdu Expressway Co's highest Days Sales Outstanding was 180.37. The lowest was 4.77. And the median was 14.26.

HKSE:01785's Days Sales Outstanding is ranked better than
82.61% of 1645 companies
in the Construction industry
Industry Median: 72.65 vs HKSE:01785: 39.29

Chengdu Expressway Co's Days Sales Outstanding increased from Sep. 2022 (26.57) to Dec. 2023 (28.34).


Chengdu Expressway Co Days Sales Outstanding Historical Data

The historical data trend for Chengdu Expressway 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.

* Premium members only.

Chengdu Expressway Co Days Sales Outstanding Chart

Chengdu Expressway Co Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Sales Outstanding
Get a 7-Day Free Trial Premium Member Only 6.74 10.48 14.26 25.73 27.62

Chengdu Expressway Co Quarterly Data
Dec15 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 30.08 - 28.29 28.34 30.36

Competitive Comparison of Chengdu Expressway Co's Days Sales Outstanding

For the Infrastructure Operations subindustry, Chengdu Expressway 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.


Chengdu Expressway Co's Days Sales Outstanding Distribution in the Construction Industry

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

* The bar in red indicates where Chengdu Expressway Co's Days Sales Outstanding falls into.



Chengdu Expressway 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.

Chengdu Expressway 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
=( (231.659 + 247.43) / 2 ) / 3165.441*365
=239.5445 / 3165.441*365
=27.62

Chengdu Expressway 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
=( (219.163 + 247.43) / 2 ) / 751.054*365 / 4
=233.2965 / 751.054*365 / 4
=28.34

* 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.


Chengdu Expressway Co  (HKSE:01785) Days Sales Outstanding Explanation

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


Chengdu Expressway Co Days Sales Outstanding Related Terms

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Chengdu Expressway Co (HKSE:01785) Business Description

Traded in Other Exchanges
N/A
Address
No. 66 Shenghe 1st Road, 9th Floor, Chengnan Tianfu Building, High-Tech Zone, Sichuan, Chengdu, CHN
Chengdu Expressway Co Ltd is principally engaged in the operation, management and development of expressways located in and around Chengdu, Sichuan Province. Meanwhile, the Group also carries out retail of refined oil and operation of CNG. It operates in two reportable segments the Expressway segment segment comprises the construction, operation and maintenance of toll expressways located in Sichuan province; and the Energy Investment segment comprises the operation of petrol stations and a gas station and sales of refined oil and compressed natural gas. It derives majority of the revenue from Expressway segment.
Executives
Cheng Du Tian Fu Xin Qu Tou Zi Ji Tuan You Xian Gong Si 2201 Interest of corporation controlled by you
Cheng Du Tian Fu Zi Ben Tou Zi You Xian Gong Si 2305 Beneficiary of a trust
Fu Guo Ji Jin Guan Li You Xian Gong Si 2102 Investment manager
Guang Dong Sheng Jiao Tong Ji Tuan You Xian Gong Si 2201 Interest of corporation controlled by you
Xin Yue You Xian Gong Si 2101 Beneficial owner
Cheng Du Shi Xie Cheng Zi Chan Guan Li You Xian Ze Ren Gong Si 2201 Interest of corporation controlled by you
Cheng Du Gui Dao Jiao Tong Ji Tuan You Xian Gong Si 2201 Interest of corporation controlled by you
Cheng Du Cheng Jian Tou Zi Guan Li Ji Tuan You Xian Ze Ren Gong Si 2101 Beneficial owner
Cheng Du Huan Jing Tou Zi Ji Tuan You Xian Gong Si 2101 Beneficial owner
Cheng Du Chan Ye Tou Zi Ji Tuan You Xian Gong Si 2201 Interest of corporation controlled by you
Cheng Du Xian Jin Zhi Zao Chan Ye Tou Zi You Xian Gong Si 2101 Beneficial owner
Cheng Du Gui Dao Chan Ye Tou Zi You Xian Gong Si 2101 Beneficial owner
Cheng Du Jiao Zi Jin Rong Kong Gu Ji Tuan You Xian Gong Si Qian Cheng Cheng Du Jin Rong Kong Gu Ji T 2101 Beneficial owner

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