Cheuk Nang (Holdings) (HKSE:00131) Days Sales Outstanding : 6.10 (As of Dec. 2023)

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What is Cheuk Nang (Holdings) Days Sales Outstanding?

Cheuk Nang (Holdings)'s average Accounts Receivable for the six months ended in Dec. 2023 was HK$2.62 Mil. Cheuk Nang (Holdings)'s Revenue for the six months ended in Dec. 2023 was HK$78.47 Mil. Hence, Cheuk Nang (Holdings)'s Days Sales Outstanding for the six months ended in Dec. 2023 was 6.10.

The historical rank and industry rank for Cheuk Nang (Holdings)'s Days Sales Outstanding or its related term are showing as below:

HKSE:00131' s Days Sales Outstanding Range Over the Past 10 Years
Min: 0.28 Med: 5.47 Max: 22.3
Current: 12.91

During the past 13 years, Cheuk Nang (Holdings)'s highest Days Sales Outstanding was 22.30. The lowest was 0.28. And the median was 5.47.

HKSE:00131's Days Sales Outstanding is ranked better than
71.82% of 1668 companies
in the Real Estate industry
Industry Median: 36.985 vs HKSE:00131: 12.91

Cheuk Nang (Holdings)'s Days Sales Outstanding declined from Dec. 2022 (29.99) to Dec. 2023 (6.10).

Cheuk Nang (Holdings) Days Sales Outstanding Historical Data

The historical data trend for Cheuk Nang (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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Cheuk Nang (Holdings) Days Sales Outstanding Chart

Cheuk Nang (Holdings) Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Days Sales Outstanding

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2.53

0.93

0.50

13.24

22.30

Cheuk Nang (Holdings) 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															10.52	20.66	29.99	34.93	6.10

Competitive Comparison of Cheuk Nang (Holdings)'s Days Sales Outstanding

For the Real Estate - Development subindustry, Cheuk Nang (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.

Cheuk Nang (Holdings)'s Days Sales Outstanding Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Cheuk Nang (Holdings)'s Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where Cheuk Nang (Holdings)'s Days Sales Outstanding falls into.

Cheuk Nang (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.

Cheuk Nang (Holdings)'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
=	( (3.08	+	2.437)	/	2 )	/	45.156	*	365
=	2.7585					/	45.156	*	365
=	22.30

Cheuk Nang (Holdings)'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
=	( (2.437	+	2.805)	/	2 )	/	78.471	*	365 / 2
=	2.621					/	78.471	*	365 / 2
=	6.10

Cheuk Nang (Holdings) (HKSE:00131) Days Sales Outstanding Explanation

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

Cheuk Nang (Holdings) Days Sales Outstanding Related Terms

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Cheuk Nang (Holdings) (HKSE:00131) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Cheuk Nang (Holdings) Ltd (HKSE:00131) » Definitions » Days Sales Outstanding

Traded in Other Exchanges

N/A

Address

18 Harbour Road, Suite 4901, 49th Floor, Central Plaza, Wanchai, Hong Kong, HKG

Website

http://www.cheuknang.com.hk

Cheuk Nang (Holdings) Ltd is an investment holding company. The principal activities of the company's subsidiaries and associates comprise property development, investment, and management. The company has diversified its operations into four segments, being Property Sales, Property Rental, Estate Management, and Others. The majority of its revenue is derived from Properties sales. Its primary geographical markets are Hong Kong, the People's Republic of China (the PRC), and Malaysia, of which the company receives maximum revenue from the People's Republic of China.

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