Luzhou Xinglu Water (Group) Co (HKSE:02281) Days Sales Outstanding : 154.81 (As of Dec. 2023)

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What is Luzhou Xinglu Water (Group) Co Days Sales Outstanding?

Luzhou Xinglu Water (Group) Co's average Accounts Receivable for the six months ended in Dec. 2023 was HK$599 Mil. Luzhou Xinglu Water (Group) Co's Revenue for the six months ended in Dec. 2023 was HK$707 Mil. Hence, Luzhou Xinglu Water (Group) Co's Days Sales Outstanding for the six months ended in Dec. 2023 was 154.81.

The historical rank and industry rank for Luzhou Xinglu Water (Group) Co's Days Sales Outstanding or its related term are showing as below:

HKSE:02281' s Days Sales Outstanding Range Over the Past 10 Years
Min: 28.62 Med: 36.35 Max: 156.24
Current: 154.48

During the past 11 years, Luzhou Xinglu Water (Group) Co's highest Days Sales Outstanding was 156.24. The lowest was 28.62. And the median was 36.35.

HKSE:02281's Days Sales Outstanding is ranked worse than
89.11% of 505 companies
in the Utilities - Regulated industry
Industry Median: 53.86 vs HKSE:02281: 154.48

Luzhou Xinglu Water (Group) Co's Days Sales Outstanding increased from Dec. 2022 (153.06) to Dec. 2023 (154.81).

Luzhou Xinglu Water (Group) Co Days Sales Outstanding Historical Data

The historical data trend for Luzhou Xinglu Water (Group) 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.

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Luzhou Xinglu Water (Group) Co Days Sales Outstanding Chart

Luzhou Xinglu Water (Group) Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

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35.48

90.62

109.27

142.85

156.24

Luzhou Xinglu Water (Group) Co Semi-Annual Data
	Dec13	Dec14	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														122.49	137.71	153.06	152.37	154.81

Competitive Comparison of Luzhou Xinglu Water (Group) Co's Days Sales Outstanding

For the Utilities - Regulated Water subindustry, Luzhou Xinglu Water (Group) 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.

Luzhou Xinglu Water (Group) Co's Days Sales Outstanding Distribution in the Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, Luzhou Xinglu Water (Group) Co's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where Luzhou Xinglu Water (Group) Co's Days Sales Outstanding falls into.

Luzhou Xinglu Water (Group) 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.

Luzhou Xinglu Water (Group) 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
=	( (587.822	+	616.798)	/	2 )	/	1407.074	*	365
=	602.31					/	1407.074	*	365
=	156.24

Luzhou Xinglu Water (Group) 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: Jun. 2023 )	+	Accounts Receivable (A: Dec. 2023 ))	/	count )	/	Revenue (A: Dec. 2023 )	*	Days in Period
=	( (581.911	+	616.798)	/	2 )	/	706.556	*	365 / 2
=	599.3545					/	706.556	*	365 / 2
=	154.81

Luzhou Xinglu Water (Group) Co (HKSE:02281) Days Sales Outstanding Explanation

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

Luzhou Xinglu Water (Group) Co Days Sales Outstanding Related Terms

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Luzhou Xinglu Water (Group) Co (HKSE:02281) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Regulated » Luzhou Xinglu Water (Group) Co Ltd (HKSE:02281) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 16, Baizi Road, Jiangyang District, Sichuan Province, Luzhou, CHN

Website

http://www.lzss.com

Luzhou Xinglu Water (Group) Co Ltd is a China-based company engages in the provision of integrated municipal water-related public utility services. The company is engaged in the provision of tap water supply and related installation and maintenance service, wastewater treatment service and construction service. It operates through two main segments the Tap Water Supply and Wastewater Treatment segments. The company derives maximum revenue from Tap Water Supply segment. Geographically, it operates in People's Republic of China.

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