City Developments (City Developments) Days Sales Outstanding : 22.54 (As of Dec. 2023)

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What is City Developments Days Sales Outstanding?

City Developments's average Accounts Receivable for the six months ended in Dec. 2023 was $207 Mil. City Developments's Revenue for the six months ended in Dec. 2023 was $1,680 Mil. Hence, City Developments's Days Sales Outstanding for the six months ended in Dec. 2023 was 22.54.

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

CDEVY' s Days Sales Outstanding Range Over the Past 10 Years
Min: 14.45 Med: 26.71 Max: 39.64
Current: 20

During the past 13 years, City Developments's highest Days Sales Outstanding was 39.64. The lowest was 14.45. And the median was 26.71.

CDEVY's Days Sales Outstanding is ranked better than
62.91% of 1666 companies
in the Real Estate industry
Industry Median: 36.41 vs CDEVY: 20.00

City Developments's Days Sales Outstanding increased from Dec. 2022 (20.67) to Dec. 2023 (22.54).

City Developments Days Sales Outstanding Historical Data

The historical data trend for City Developments'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.

City Developments Days Sales Outstanding Chart

City Developments Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

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18.30

32.68

30.77

27.65

19.72

City Developments 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															26.21	25.24	20.67	17.90	22.54

Competitive Comparison of City Developments's Days Sales Outstanding

For the Real Estate - Development subindustry, City Developments'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.

City Developments's Days Sales Outstanding Distribution in the Real Estate Industry

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

* The bar in red indicates where City Developments's Days Sales Outstanding falls into.

City Developments 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.

City Developments'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
=	( (189.919	+	210.977)	/	2 )	/	3709.272	*	365
=	200.448					/	3709.272	*	365
=	19.72

City Developments'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
=	( (203.998	+	210.977)	/	2 )	/	1679.622	*	365 / 2
=	207.4875					/	1679.622	*	365 / 2
=	22.54

City Developments (OTCPK:CDEVY) Days Sales Outstanding Explanation

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

City Developments Days Sales Outstanding Related Terms

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City Developments (City Developments) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » City Developments Ltd (OTCPK:CDEVY) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

C70.PFD:Singapore C09:Singapore

Address

9 Raffles Place, No. 12-01 Republic Plaza, Singapore, SGP, 048619

Website

http://www.cdl.com.sg

City Developments, or CDL, is a listed property group of parent company Hong Leong Group. CDL's main businesses in property development and hotel operations makes up the majority of the group's operating profit. A portfolio of investment properties underpins recurring rental income and increasing income from investment properties is a key strategy for the group in the medium term. CDL's key geography is in Singapore with almost half of the group's total assets derived there. Its expansion into international markets is focused on the United Kingdom, China and Japan. CDL privatized its hotel operations, Millennium and Copthorne in 2019.

City Developments (City Developments) Headlines

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