Zonqing Environmental (HKSE:01855) Days Sales Outstanding : 209.00 (As of Dec. 2023)

View and export this data going back to 2021. Start your Free Trial

What is Zonqing Environmental Days Sales Outstanding?

Zonqing Environmental's average Accounts Receivable for the six months ended in Dec. 2023 was HK$1,811 Mil. Zonqing Environmental's Revenue for the six months ended in Dec. 2023 was HK$1,581 Mil. Hence, Zonqing Environmental's Days Sales Outstanding for the six months ended in Dec. 2023 was 209.00.

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

HKSE:01855' s Days Sales Outstanding Range Over the Past 10 Years
Min: 157.52 Med: 202.69 Max: 430.71
Current: 253.32

During the past 7 years, Zonqing Environmental's highest Days Sales Outstanding was 430.71. The lowest was 157.52. And the median was 202.69.

HKSE:01855's Days Sales Outstanding is ranked worse than
91.01% of 1646 companies
in the Construction industry
Industry Median: 72.31 vs HKSE:01855: 253.32

Zonqing Environmental's Days Sales Outstanding declined from Dec. 2022 (312.52) to Dec. 2023 (209.00).

Zonqing Environmental Days Sales Outstanding Historical Data

The historical data trend for Zonqing Environmental'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.

Zonqing Environmental Days Sales Outstanding Chart

Zonqing Environmental Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

Get a 7-Day Free Trial

190.56

202.69

328.20

430.71

260.15

Zonqing Environmental Semi-Annual Data
	Dec17	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Days Sales Outstanding	Get a 7-Day Free Trial							319.48	496.60	312.52	314.90	209.00

Competitive Comparison of Zonqing Environmental's Days Sales Outstanding

For the Engineering & Construction subindustry, Zonqing Environmental'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.

Zonqing Environmental's Days Sales Outstanding Distribution in the Construction Industry

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

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

Zonqing Environmental 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.

Zonqing Environmental'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
=	( (1742.584	+	1929.987)	/	2 )	/	2576.393	*	365
=	1836.2855					/	2576.393	*	365
=	260.15

Zonqing Environmental'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
=	( (1691.646	+	1929.987)	/	2 )	/	1581.252	*	365 / 2
=	1810.8165					/	1581.252	*	365 / 2
=	209.00

Zonqing Environmental (HKSE:01855) Days Sales Outstanding Explanation

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

Zonqing Environmental Days Sales Outstanding Related Terms

Thank you for viewing the detailed overview of Zonqing Environmental's Days Sales Outstanding provided by GuruFocus.com. Please click on the following links to see related term pages.

Zonqing Environmental (HKSE:01855) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Zonqing Environmental Ltd (HKSE:01855) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

N/A

Address

No.5888, Fuzhi Road, 3rd Floor, Zhongqing Building, Jingyue High-tech Industrial Development Zone, Jilin Province, Changchun, CHN

Website

http://www.zonbong.com

Zonqing Environmental Ltd is principally engaged in landscaping, ecological restoration, and other related projects. Its business segments include Landscaping; Ecological restoration; and Others including investigation, survey, design, and technical consultancy for municipal construction projects. A majority of revenue is derived from the Landscaping segment which includes public space landscaping, theme park landscaping, private park landscaping, and maintenance projects. The group's revenue is generated in the PRC.

Zonqing Environmental (HKSE:01855) Headlines

No Headlines