New World Department Store China (New World Department Store China) Days Sales Outstanding : 12.54 (As of Dec. 2023)

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What is New World Department Store China Days Sales Outstanding?

New World Department Store China's average Accounts Receivable for the six months ended in Dec. 2023 was $3.5 Mil. New World Department Store China's Revenue for the six months ended in Dec. 2023 was $50.3 Mil. Hence, New World Department Store China's Days Sales Outstanding for the six months ended in Dec. 2023 was 12.54.

The historical rank and industry rank for New World Department Store China's Days Sales Outstanding or its related term are showing as below:

NWRLY' s Days Sales Outstanding Range Over the Past 10 Years
Min: 8.89 Med: 11.22 Max: 14.26
Current: 10.68

During the past 13 years, New World Department Store China's highest Days Sales Outstanding was 14.26. The lowest was 8.89. And the median was 11.22.

NWRLY's Days Sales Outstanding is ranked better than
63.43% of 1080 companies
in the Retail - Cyclical industry
Industry Median: 17.665 vs NWRLY: 10.68

New World Department Store China's Days Sales Outstanding declined from Dec. 2022 (13.19) to Dec. 2023 (12.54).

New World Department Store China Days Sales Outstanding Historical Data

The historical data trend for New World Department Store China'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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New World Department Store China Days Sales Outstanding Chart

New World Department Store China Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Days Sales Outstanding

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12.28

12.60

8.89

10.85

11.49

New World Department Store China 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															10.76	15.21	13.19	8.26	12.54

Competitive Comparison of New World Department Store China's Days Sales Outstanding

For the Department Stores subindustry, New World Department Store China'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.

New World Department Store China's Days Sales Outstanding Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, New World Department Store China's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where New World Department Store China's Days Sales Outstanding falls into.

New World Department Store China 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.

New World Department Store China's Days Sales Outstanding for the fiscal year that ended in Jun. 2023 is calculated as

	Days Sales Outstanding (A: Jun. 2023 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Jun. 2022 )	+	Accounts Receivable (A: Jun. 2023 ))	/	count )	/	Revenue (A: Jun. 2023 )	*	Days in Period
=	( (4.442	+	2.649)	/	2 )	/	112.635	*	365
=	3.5455					/	112.635	*	365
=	11.49

New World Department Store China'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
=	( (2.649	+	4.27)	/	2 )	/	50.333	*	365 / 2
=	3.4595					/	50.333	*	365 / 2
=	12.54

New World Department Store China (OTCPK:NWRLY) Days Sales Outstanding Explanation

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

New World Department Store China Days Sales Outstanding Related Terms

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New World Department Store China (New World Department Store China) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » New World Department Store China Ltd (OTCPK:NWRLY) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

00825:Hong Kong NWM:Germany

Address

88 Hing Fat Street, 7th Floor, Causeway Bay, Hong Kong, HKG

Website

https://www.nwds.com.hk

New World Department Store China Ltd owns and operates department stores and shopping malls in the Peoples Republic of China. The company operates through two segments namely Department stores and Property Investment business. The company generates maximum revenue from the Department store segment. Revenue is predominantly generated in Mainland China and important operating assets of the group are in Mainland China.

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