Grand T G Gold Holdings (HKSE:08299) Days Sales Outstanding : 223.30 (As of Sep. 2023)

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What is Grand T G Gold Holdings Days Sales Outstanding?

Grand T G Gold Holdings's average Accounts Receivable for the three months ended in Sep. 2023 was HK$77.8 Mil. Grand T G Gold Holdings's Revenue for the three months ended in Sep. 2023 was HK$31.8 Mil. Hence, Grand T G Gold Holdings's Days Sales Outstanding for the three months ended in Sep. 2023 was 223.30.

The historical rank and industry rank for Grand T G Gold Holdings's Days Sales Outstanding or its related term are showing as below:

HKSE:08299' s Days Sales Outstanding Range Over the Past 10 Years
Min: 38.43 Med: 56.2 Max: 136.37
Current: 136.37

During the past 13 years, Grand T G Gold Holdings's highest Days Sales Outstanding was 136.37. The lowest was 38.43. And the median was 56.20.

HKSE:08299's Days Sales Outstanding is ranked worse than
78.83% of 789 companies
in the Metals & Mining industry
Industry Median: 41.95 vs HKSE:08299: 136.37

Grand T G Gold Holdings's Days Sales Outstanding increased from Sep. 2022 (0.00) to Sep. 2023 (223.30).

Warning Sign:

If a company's sales outstanding increases, it means it has difficulty collecting payments from its customers.

Grand T G Gold Holdings Days Sales Outstanding Historical Data

The historical data trend for Grand T G Gold Holdings'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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Grand T G Gold Holdings Days Sales Outstanding Chart

Grand T G Gold Holdings Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Days Sales Outstanding

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41.49

38.43

67.63

Grand T G Gold Holdings Quarterly Data
	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23
Days Sales Outstanding	Get a 7-Day Free Trial															-	-	105.26	70.67	223.30

Competitive Comparison of Grand T G Gold Holdings's Days Sales Outstanding

For the Gold subindustry, Grand T G Gold Holdings'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.

Grand T G Gold Holdings's Days Sales Outstanding Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Grand T G Gold Holdings's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where Grand T G Gold Holdings's Days Sales Outstanding falls into.

Grand T G Gold Holdings 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.

Grand T G Gold Holdings's Days Sales Outstanding for the fiscal year that ended in Mar. 2023 is calculated as

	Days Sales Outstanding (A: Mar. 2023 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Mar. 2022 )	+	Accounts Receivable (A: Mar. 2023 ))	/	count )	/	Revenue (A: Mar. 2023 )	*	Days in Period
=	( (15.697	+	41.072)	/	2 )	/	153.195	*	365
=	28.3845					/	153.195	*	365
=	67.63

Grand T G Gold Holdings's Days Sales Outstanding for the quarter that ended in Sep. 2023 is calculated as:

	Days Sales Outstanding (Q: Sep. 2023 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Jun. 2023 )	+	Accounts Receivable (A: Sep. 2023 ))	/	count )	/	Revenue (A: Sep. 2023 )	*	Days in Period
=	( (0	+	77.822)	/	1 )	/	31.801	*	365 / 4
=	77.822					/	31.801	*	365 / 4
=	223.30

Grand T G Gold Holdings (HKSE:08299) Days Sales Outstanding Explanation

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

Grand T G Gold Holdings Days Sales Outstanding Related Terms

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Grand T G Gold Holdings (HKSE:08299) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Grand T G Gold Holdings Ltd (HKSE:08299) » Definitions » Days Sales Outstanding

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Traded in Other Exchanges

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Address

305-313 Queen’s Road Central, Roon A-B, 8th Floor, Centre Mark II, Sheung Wan, Hong Kong, HKG

Website

https://www.grandtg.com

Grand T G Gold Holdings Ltd is an investment holding company. Its subsidiaries are principally engaged in gold exploration, mining, mineral processing, the sale of gold concentrate, and related products. Its segments are Gold mining and Corporate. The group's operations are located in Hong Kong and other parts of the People's Republic of China whereas the principal markets for the group's products are mainly located in other parts of the People's Republic of China.

Grand T G Gold Holdings (HKSE:08299) Headlines

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