Chinasoft International (HKSE:00354) Days Sales Outstanding : 138.66 (As of Dec. 2023)

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What is Chinasoft International Days Sales Outstanding?

Chinasoft International's average Accounts Receivable for the six months ended in Dec. 2023 was HK$7,202 Mil. Chinasoft International's Revenue for the six months ended in Dec. 2023 was HK$9,480 Mil. Hence, Chinasoft International's Days Sales Outstanding for the six months ended in Dec. 2023 was 138.66.

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

HKSE:00354' s Days Sales Outstanding Range Over the Past 10 Years
Min: 85.14 Med: 129.1 Max: 194.36
Current: 138.29

During the past 13 years, Chinasoft International's highest Days Sales Outstanding was 194.36. The lowest was 85.14. And the median was 129.10.

HKSE:00354's Days Sales Outstanding is ranked worse than
84.56% of 2726 companies
in the Software industry
Industry Median: 61.895 vs HKSE:00354: 138.29

Chinasoft International's Days Sales Outstanding increased from Dec. 2022 (122.86) to Dec. 2023 (138.66).

Chinasoft International Days Sales Outstanding Historical Data

The historical data trend for Chinasoft International'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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Chinasoft International Days Sales Outstanding Chart

Chinasoft International Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

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85.14

91.58

93.24

108.74

131.97

Chinasoft International 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															96.68	113.10	122.86	144.31	138.66

Competitive Comparison of Chinasoft International's Days Sales Outstanding

For the Information Technology Services subindustry, Chinasoft International'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.

Chinasoft International's Days Sales Outstanding Distribution in the Software Industry

For the Software industry and Technology sector, Chinasoft International's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where Chinasoft International's Days Sales Outstanding falls into.

Chinasoft International 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.

Chinasoft International'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
=	( (6875.102	+	6663.188)	/	2 )	/	18722.097	*	365
=	6769.145					/	18722.097	*	365
=	131.97

Chinasoft International'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
=	( (7741.542	+	6663.188)	/	2 )	/	9479.6	*	365 / 2
=	7202.365					/	9479.6	*	365 / 2
=	138.66

Chinasoft International (HKSE:00354) Days Sales Outstanding Explanation

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

Chinasoft International Days Sales Outstanding Related Terms

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Chinasoft International (HKSE:00354) Business Description

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CFTLF:USA

Address

No. 2 Kexuiyuan South Road, North Wing, 12th Floor, Raycom Infotech Park, Tower C, Haidian District, Zhongguancun, Beijing, CHN, 100190

Website

https://www.chinasofti.com

Chinasoft International Ltd is a technology software and information technology service enterprise. It provides end-to-end IT software, solutions, and services to global clients and has extensive experience in consulting, design, implementation, and services in digital applications of new technologies such as cloud computing, artificial intelligence, big data, the Internet of Things, and 5G, fully supporting clients' digital transformation. It has two segments: The Technical professional services group segment provides services that include business and IT consulting, application development, system integration, product engineering, and enterprise management. The Internet IT services group segment provides cloud-based consulting services.

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