Shimao Group Holdings (HKSE:00813) Days Sales Outstanding : 153.21 (As of Dec. 2023)

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What is Shimao Group Holdings Days Sales Outstanding?

Shimao Group Holdings's average Accounts Receivable for the six months ended in Dec. 2023 was HK$26,693 Mil. Shimao Group Holdings's Revenue for the six months ended in Dec. 2023 was HK$31,796 Mil. Hence, Shimao Group Holdings's Days Sales Outstanding for the six months ended in Dec. 2023 was 153.21.

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

HKSE:00813' s Days Sales Outstanding Range Over the Past 10 Years
Min: 15.42 Med: 27.03 Max: 254.51
Current: 187.1

During the past 13 years, Shimao Group Holdings's highest Days Sales Outstanding was 254.51. The lowest was 15.42. And the median was 27.03.

HKSE:00813's Days Sales Outstanding is ranked worse than
87.96% of 1669 companies
in the Real Estate industry
Industry Median: 36.82 vs HKSE:00813: 187.10

Shimao Group Holdings's Days Sales Outstanding declined from Dec. 2022 (265.69) to Dec. 2023 (153.21).

Warning Sign:

If a company's sales outstanding increases, it means it has difficulty collecting payments from its customers.

Shimao Group Holdings Days Sales Outstanding Historical Data

The historical data trend for Shimao Group 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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Shimao Group Holdings Days Sales Outstanding Chart

Shimao Group Holdings Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

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15.58

15.42

26.44

150.31

254.51

Shimao Group 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															45.23	51.42	265.69	153.57	153.21

Competitive Comparison of Shimao Group Holdings's Days Sales Outstanding

For the Real Estate - Development subindustry, Shimao Group 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.

Shimao Group Holdings's Days Sales Outstanding Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Shimao Group Holdings's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where Shimao Group Holdings's Days Sales Outstanding falls into.

Shimao Group 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.

Shimao Group Holdings'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
=	( (46633.717	+	44071.452)	/	2 )	/	65040.153	*	365
=	45352.5845					/	65040.153	*	365
=	254.51

Shimao Group 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
=	( (9314.549	+	44071.452)	/	2 )	/	31796.289	*	365 / 2
=	26693.0005					/	31796.289	*	365 / 2
=	153.21

Shimao Group Holdings (HKSE:00813) Days Sales Outstanding Explanation

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

Shimao Group Holdings Days Sales Outstanding Related Terms

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Shimao Group Holdings (HKSE:00813) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Shimao Group Holdings Ltd (HKSE:00813) » Definitions » Days Sales Outstanding

Traded in Other Exchanges

SIOPF:USA QHI:Germany

Address

89 Queensway, 1st Floor, Block 38, Hong Kong Lippo Centre, Hong Kong, HKG

Website

http://www.shimaogroup.hk

Shimao Group Holdings, formerly Shimao Property, is a large real estate developer in China. In addition to property development as the core business, the company plans to raise non-development revenue, which includes property investment, hotels and property management services. Shimao holds residential development projects and hotels, while its 59%-owned Shanghai Shimao holds commercial projects. The two entities collaborate on large mixed-use projects. The free float is about 35%, with the company's founder, Hui Wing Mau, holding the remaining stake.

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