SinoMedia Holding (HKSE:00623) Days Sales Outstanding : 44.62 (As of Dec. 2023)

View and export this data going back to 2007. Start your Free Trial

What is SinoMedia Holding Days Sales Outstanding?

SinoMedia Holding's average Accounts Receivable for the six months ended in Dec. 2023 was HK$103.4 Mil. SinoMedia Holding's Revenue for the six months ended in Dec. 2023 was HK$423.0 Mil. Hence, SinoMedia Holding's Days Sales Outstanding for the six months ended in Dec. 2023 was 44.62.

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

HKSE:00623' s Days Sales Outstanding Range Over the Past 10 Years
Min: 18.35 Med: 33.16 Max: 50.59
Current: 41.8

During the past 13 years, SinoMedia Holding's highest Days Sales Outstanding was 50.59. The lowest was 18.35. And the median was 33.16.

HKSE:00623's Days Sales Outstanding is ranked better than
74.68% of 1027 companies
in the Media - Diversified industry
Industry Median: 67.88 vs HKSE:00623: 41.80

SinoMedia Holding's Days Sales Outstanding increased from Dec. 2022 (39.01) to Dec. 2023 (44.62).

SinoMedia Holding Days Sales Outstanding Historical Data

The historical data trend for SinoMedia 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.

SinoMedia Holding Days Sales Outstanding Chart

SinoMedia Holding Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

Get a 7-Day Free Trial

37.05

34.29

30.48

50.59

40.59

SinoMedia Holding 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															28.80	53.04	39.01	40.13	44.62

Competitive Comparison of SinoMedia Holding's Days Sales Outstanding

For the Advertising Agencies subindustry, SinoMedia 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.

SinoMedia Holding's Days Sales Outstanding Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, SinoMedia Holding's Days Sales Outstanding distribution charts can be found below:

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

SinoMedia 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.

SinoMedia Holding'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
=	( (78.722	+	106.105)	/	2 )	/	831.093	*	365
=	92.4135					/	831.093	*	365
=	40.59

SinoMedia Holding'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
=	( (100.728	+	106.105)	/	2 )	/	423.007	*	365 / 2
=	103.4165					/	423.007	*	365 / 2
=	44.62

SinoMedia Holding (HKSE:00623) Days Sales Outstanding Explanation

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

SinoMedia Holding Days Sales Outstanding Related Terms

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

SinoMedia Holding (HKSE:00623) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » SinoMedia Holding Ltd (HKSE:00623) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

SJY:Germany

Address

No. 9 Guanghua Road, 7th Floor, The Place, SinoMedia Tower, Chaoyang District, Beijing, CHN

Website

http://www.sinomedia.com.hk

SinoMedia Holding Ltd is a media operation group in China that focuses on conducting cross-media investment and operation with creative video communication. The company owns business sections including CCTV's advertising agency business, brand content creative communication, film and television program investment and production, and internet precision marketing. It derives revenue from TV advertising, creative content production, and digital marketing services.

Executives

Tricor Equity Trustee Limited
Liu Jinlan
Chen Xin
Clh Holding Limited
Equity Trustee Limited

SinoMedia Holding (HKSE:00623) Headlines

No Headlines