Hang Lung Group (Hang Lung Group) Days Sales Outstanding : 122.34 (As of Dec. 2023)

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What is Hang Lung Group Days Sales Outstanding?

Hang Lung Group's average Accounts Receivable for the six months ended in Dec. 2023 was $460 Mil. Hang Lung Group's Revenue for the six months ended in Dec. 2023 was $686 Mil. Hence, Hang Lung Group's Days Sales Outstanding for the six months ended in Dec. 2023 was 122.34.

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

HNLGY' s Days Sales Outstanding Range Over the Past 10 Years
Min: 47.77 Med: 88.94 Max: 120.55
Current: 120.55

During the past 13 years, Hang Lung Group's highest Days Sales Outstanding was 120.55. The lowest was 47.77. And the median was 88.94.

HNLGY's Days Sales Outstanding is ranked worse than
79.8% of 1668 companies
in the Real Estate industry
Industry Median: 36.015 vs HNLGY: 120.55

Hang Lung Group's Days Sales Outstanding declined from Dec. 2022 (126.14) to Dec. 2023 (122.34).

Hang Lung Group Days Sales Outstanding Historical Data

The historical data trend for Hang Lung Group'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.

Hang Lung Group Days Sales Outstanding Chart

Hang Lung Group Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

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84.24

111.38

118.79

119.06

118.10

Hang Lung Group Semi-Annual Data
	Jun14	Dec14	Jun15	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															108.23	120.40	126.14	121.59	122.34

Competitive Comparison of Hang Lung Group's Days Sales Outstanding

For the Real Estate Services subindustry, Hang Lung Group'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.

Hang Lung Group's Days Sales Outstanding Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Hang Lung Group's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where Hang Lung Group's Days Sales Outstanding falls into.

Hang Lung Group 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.

Hang Lung Group'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
=	( (460.991	+	440.6)	/	2 )	/	1393.25	*	365
=	450.7955					/	1393.25	*	365
=	118.10

Hang Lung Group'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
=	( (478.871	+	440.6)	/	2 )	/	685.805	*	365 / 2
=	459.7355					/	685.805	*	365 / 2
=	122.34

Hang Lung Group (OTCPK:HNLGY) Days Sales Outstanding Explanation

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

Hang Lung Group Days Sales Outstanding Related Terms

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Hang Lung Group (Hang Lung Group) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Hang Lung Group Ltd (OTCPK:HNLGY) » Definitions » Days Sales Outstanding

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Traded in Other Exchanges

HNLGF:USA 00010:Hong Kong

Address

4 Des Voeux Road Central, 28th Floor, Standard Chartered Bank Building, Hong Kong, HKG

Website

https://www.hanglunggroup.com

Hang Lung Group Ltd is an investment holding company engaged in the property leasing business. The Company operates its business through two segments. The Property Leasing segment engages in the property leasing operation. The Company's investment properties portfolio consists of retail, office, residential, serviced apartments, and car parks, located in mainland China and Hong Kong, and the Property Sales segment engages in the development and sale of trading properties in mainland China and Hong Kong. It derives a majority of its revenue from the property leasing segment.

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