China Shun Ke Long Holdings (HKSE:00974) Days Sales Outstanding : 19.46 (As of Dec. 2023)

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What is China Shun Ke Long Holdings Days Sales Outstanding?

China Shun Ke Long Holdings's average Accounts Receivable for the six months ended in Dec. 2023 was HK$40.1 Mil. China Shun Ke Long Holdings's Revenue for the six months ended in Dec. 2023 was HK$376.5 Mil. Hence, China Shun Ke Long Holdings's Days Sales Outstanding for the six months ended in Dec. 2023 was 19.46.

The historical rank and industry rank for China Shun Ke Long Holdings's Days Sales Outstanding or its related term are showing as below:

HKSE:00974' s Days Sales Outstanding Range Over the Past 10 Years
Min: 9.37 Med: 15.7 Max: 26.36
Current: 18.72

During the past 10 years, China Shun Ke Long Holdings's highest Days Sales Outstanding was 26.36. The lowest was 9.37. And the median was 15.70.

HKSE:00974's Days Sales Outstanding is ranked better than
54.25% of 306 companies
in the Retail - Defensive industry
Industry Median: 24.22 vs HKSE:00974: 18.72

China Shun Ke Long Holdings's Days Sales Outstanding increased from Dec. 2022 (15.44) to Dec. 2023 (19.46).

China Shun Ke Long Holdings Days Sales Outstanding Historical Data

The historical data trend for China Shun Ke Long 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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China Shun Ke Long Holdings Days Sales Outstanding Chart

China Shun Ke Long Holdings Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

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9.37

11.76

14.34

15.79

18.05

China Shun Ke Long 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															19.94	14.73	15.44	18.62	19.46

Competitive Comparison of China Shun Ke Long Holdings's Days Sales Outstanding

For the Grocery Stores subindustry, China Shun Ke Long 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.

China Shun Ke Long Holdings's Days Sales Outstanding Distribution in the Retail - Defensive Industry

For the Retail - Defensive industry and Consumer Defensive sector, China Shun Ke Long Holdings's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where China Shun Ke Long Holdings's Days Sales Outstanding falls into.

China Shun Ke Long 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.

China Shun Ke Long 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
=	( (32.005	+	40.183)	/	2 )	/	729.998	*	365
=	36.094					/	729.998	*	365
=	18.05

China Shun Ke Long 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
=	( (40.115	+	40.183)	/	2 )	/	376.514	*	365 / 2
=	40.149					/	376.514	*	365 / 2
=	19.46

China Shun Ke Long Holdings (HKSE:00974) Days Sales Outstanding Explanation

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

China Shun Ke Long Holdings Days Sales Outstanding Related Terms

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China Shun Ke Long Holdings (HKSE:00974) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Retail - Defensive » China Shun Ke Long Holdings Ltd (HKSE:00974) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 60 Hebin North Road, Huale Building, Floor 3, Lecong Town, Shunde District, Guangdong Province, Foshan, CHN, 528315

Website

http://www.skl.com.cn

China Shun Ke Long Holdings Limited is a Hong Kong-based investment holding company principally engaged in the operation of retail outlets. The Company operates through two segments. Retail Outlet Operation segment is engaged in the operation of Shun Ke Long supermarkets and hypermarkets in Guangzhou, Foshan, Zhaoqing, and Zhuhai, among others. This segment also leases out part of its retail outlets to generate rental income. It also sells consumer goods through online shops. The wholesale Distribution segment is engaged in the wholesale distribution of goods. The Company mainly operates businesses in China and Macau.

China Shun Ke Long Holdings (HKSE:00974) Headlines

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