China Best Group Holding (FRA:EFO3) Days Sales Outstanding : 197.94 (As of Sep. 2023)

View and export this data going back to . Start your Free Trial

What is China Best Group Holding Days Sales Outstanding?

China Best Group Holding's average Accounts Receivable for the six months ended in Sep. 2023 was €13.85 Mil. China Best Group Holding's Revenue for the six months ended in Sep. 2023 was €12.77 Mil. Hence, China Best Group Holding's Days Sales Outstanding for the six months ended in Sep. 2023 was 197.94.

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

FRA:EFO3' s Days Sales Outstanding Range Over the Past 10 Years
Min: 74.98 Med: 135.26 Max: 333.53
Current: 195.48

During the past 13 years, China Best Group Holding's highest Days Sales Outstanding was 333.53. The lowest was 74.98. And the median was 135.26.

FRA:EFO3's Days Sales Outstanding is ranked worse than
96.29% of 1078 companies
in the Retail - Cyclical industry
Industry Median: 17.55 vs FRA:EFO3: 195.48

China Best Group Holding's Days Sales Outstanding increased from Sep. 2022 (171.37) to Sep. 2023 (197.94).

China Best Group Holding Days Sales Outstanding Historical Data

The historical data trend for China Best Group Holding'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.

China Best Group Holding Days Sales Outstanding Chart

China Best Group Holding Annual Data

Trend

Dec12

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Mar22

Mar23

Days Sales Outstanding

Get a 7-Day Free Trial

138.63

283.99

164.12

89.54

136.94

China Best Group Holding Semi-Annual Data
	Jun13	Dec13	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Sep21	Mar22	Sep22	Mar23	Sep23
Days Sales Outstanding	Get a 7-Day Free Trial															84.59	126.82	171.37	180.94	197.94

Competitive Comparison of China Best Group Holding's Days Sales Outstanding

For the Specialty Retail subindustry, China Best Group Holding'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.

China Best Group Holding's Days Sales Outstanding Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, China Best Group Holding's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where China Best Group Holding's Days Sales Outstanding falls into.

China Best Group Holding 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.

China Best Group Holding'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
=	( (30.801	+	14.263)	/	2 )	/	60.055	*	365
=	22.532					/	60.055	*	365
=	136.94

China Best Group Holding'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: Mar. 2023 )	+	Accounts Receivable (A: Sep. 2023 ))	/	count )	/	Revenue (A: Sep. 2023 )	*	Days in Period
=	( (14.263	+	13.436)	/	2 )	/	12.769	*	365 / 2
=	13.8495					/	12.769	*	365 / 2
=	197.94

China Best Group Holding (FRA:EFO3) Days Sales Outstanding Explanation

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

China Best Group Holding Days Sales Outstanding Related Terms

Thank you for viewing the detailed overview of China Best Group Holding's Days Sales Outstanding provided by GuruFocus.com. Please click on the following links to see related term pages.

China Best Group Holding (FRA:EFO3) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » China Best Group Holding Ltd (FRA:EFO3) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

00370:Hong Kong

Address

The Gateway, Harbour City, Suite 1901-2 & 14, 19th Floor, Tower 6, Kowloon, Hong Kong, HKG

Website

http://www.cbgroup.com.hk

China Best Group Holding Ltd is a China-based company having various business segments. Trading of goods including radio systems and electronic appliances which is the key revenue driver; Finance leasing of plant and machinery; Money lending; Securities and futures brokerage segment engages in securities and futures dealing services in Hong Kong; International air and sea freight forwarding and logistic services to customers in Singapore and the USA; Securities trading of equity securities and dividend income from held for trading investments; Property investment for rental income and capital appreciation in PRC; Building architecture and interior design services; Property brokerage and agency service,Geothermal energy, Customised technical support segment and Centralised heating segment.

China Best Group Holding (FRA:EFO3) Headlines

No Headlines