First Shanghai Investments (HKSE:00227) Days Sales Outstanding : 222.69 (As of Dec. 2023)

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What is First Shanghai Investments Days Sales Outstanding?

First Shanghai Investments's average Accounts Receivable for the six months ended in Dec. 2023 was HK$190.1 Mil. First Shanghai Investments's Revenue for the six months ended in Dec. 2023 was HK$155.8 Mil. Hence, First Shanghai Investments's Days Sales Outstanding for the six months ended in Dec. 2023 was 222.69.

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

HKSE:00227' s Days Sales Outstanding Range Over the Past 10 Years
Min: 142.04 Med: 175.92 Max: 238.08
Current: 206.27

During the past 13 years, First Shanghai Investments's highest Days Sales Outstanding was 238.08. The lowest was 142.04. And the median was 175.92.

HKSE:00227's Days Sales Outstanding is ranked worse than
73.18% of 563 companies
in the Capital Markets industry
Industry Median: 63.82 vs HKSE:00227: 206.27

First Shanghai Investments's Days Sales Outstanding declined from Dec. 2022 (230.20) to Dec. 2023 (222.69).

First Shanghai Investments Days Sales Outstanding Historical Data

The historical data trend for First Shanghai Investments'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.

First Shanghai Investments Days Sales Outstanding Chart

First Shanghai Investments Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

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142.04

224.29

218.68

220.16

238.08

First Shanghai Investments 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															237.03	277.53	230.20	158.31	222.69

Competitive Comparison of First Shanghai Investments's Days Sales Outstanding

For the Capital Markets subindustry, First Shanghai Investments'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.

First Shanghai Investments's Days Sales Outstanding Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, First Shanghai Investments's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where First Shanghai Investments's Days Sales Outstanding falls into.

First Shanghai Investments 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.

First Shanghai Investments'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
=	( (150.217	+	257.937)	/	2 )	/	312.875	*	365
=	204.077					/	312.875	*	365
=	238.08

First Shanghai Investments'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
=	( (122.291	+	257.937)	/	2 )	/	155.803	*	365 / 2
=	190.114					/	155.803	*	365 / 2
=	222.69

First Shanghai Investments (HKSE:00227) Days Sales Outstanding Explanation

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

First Shanghai Investments Days Sales Outstanding Related Terms

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First Shanghai Investments (HKSE:00227) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » First Shanghai Investments Ltd (HKSE:00227) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

N/A

Address

71 Des Voeux Road Central, Room 1903, Wing On House, Hong Kong, HKG

Website

http://www.firstshanghai.com.hk

First Shanghai Investments Ltd is a financial conglomerate providing stock brokerage, asset management, and corporate finance. The company operates its business in four segments, Financial Services, Property Development, Property Investment and hotel, and Other businesses, of which the majority of its revenues are derived from Financial Services. The Financial Services Sector provides a full range of financial services including securities investment, securities broking, margin financing, corporate finance, underwriting and placements, and asset management. Geographically, it generates maximum revenue from Hong Kong.

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