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Modern Land (China) Co (HKSE:01107) Days Sales Outstanding : 18.72 (As of Jun. 2023)


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What is Modern Land (China) Co Days Sales Outstanding?

Modern Land (China) Co's average Accounts Receivable for the six months ended in Jun. 2023 was HK$374 Mil. Modern Land (China) Co's Revenue for the six months ended in Jun. 2023 was HK$3,647 Mil. Hence, Modern Land (China) Co's Days Sales Outstanding for the six months ended in Jun. 2023 was 18.72.

The historical rank and industry rank for Modern Land (China) Co's Days Sales Outstanding or its related term are showing as below:

HKSE:01107' s Days Sales Outstanding Range Over the Past 10 Years
Min: 1.61   Med: 8.39   Max: 25.05
Current: 20.74

During the past 11 years, Modern Land (China) Co's highest Days Sales Outstanding was 25.05. The lowest was 1.61. And the median was 8.39.

HKSE:01107's Days Sales Outstanding is not ranked
in the Real Estate industry.
Industry Median: 36.42 vs HKSE:01107: 20.74

Modern Land (China) Co's Days Sales Outstanding declined from Jun. 2022 (31.00) to Jun. 2023 (18.72).


Modern Land (China) Co Days Sales Outstanding Historical Data

The historical data trend for Modern Land (China) Co'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.

Modern Land (China) Co Days Sales Outstanding Chart

Modern Land (China) Co Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Days Sales Outstanding
Get a 7-Day Free Trial Premium Member Only Premium Member Only 15.17 14.15 10.62 12.97 25.05

Modern Land (China) Co Semi-Annual Data
Dec13 Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23
Days Sales Outstanding Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 8.20 39.30 31.00 21.96 18.72

Competitive Comparison of Modern Land (China) Co's Days Sales Outstanding

For the Real Estate - Development subindustry, Modern Land (China) Co'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.


Modern Land (China) Co's Days Sales Outstanding Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Modern Land (China) Co's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where Modern Land (China) Co's Days Sales Outstanding falls into.



Modern Land (China) Co 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.

Modern Land (China) Co's Days Sales Outstanding for the fiscal year that ended in Dec. 2022 is calculated as

Days Sales Outstanding (A: Dec. 2022 )
=Average Accounts Receivable /Revenue*Days in Period
=( (Accounts Receivable (A: Dec. 2021 ) + Accounts Receivable (A: Dec. 2022 )) / count ) / Revenue (A: Dec. 2022 )*Days in Period
=( (482.702 + 376.256) / 2 ) / 6257.919*365
=429.479 / 6257.919*365
=25.05

Modern Land (China) Co's Days Sales Outstanding for the quarter that ended in Jun. 2023 is calculated as:

Days Sales Outstanding (Q: Jun. 2023 )
=Average Accounts Receivable /Revenue*Days in Period
=( (Accounts Receivable (A: Dec. 2022 ) + Accounts Receivable (A: Jun. 2023 )) / count ) / Revenue (A: Jun. 2023 )*Days in Period
=( (376.256 + 371.943) / 2 ) / 3646.941*365 / 2
=374.0995 / 3646.941*365 / 2
=18.72

* 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.


Modern Land (China) Co  (HKSE:01107) Days Sales Outstanding Explanation

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


Modern Land (China) Co Days Sales Outstanding Related Terms

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Modern Land (China) Co (HKSE:01107) Business Description

Traded in Other Exchanges
Address
No.1, Xiangheyuan Road, 3rd, 4th Floor, Building 10, Contemporary Wanguo City, Dongcheng District, Beijing, CHN, 100028
Modern Land (China) Co Ltd is an investment holding company that is engaged in the business of real estate development, Property investment, Hotel operation, Real estate agency services, and other services. The group's operations are located in the PRC and it derives key revenue from the sale of properties.
Executives
Zhang Lei 2101 Beneficial owner
Yu Jinmei 2202 Interest of your spouse
Fantastic Energy Holdings Limited 2201 Interest of corporation controlled by you
Tmf (cayman) Ltd. 2301 Trustee
Yu Jinmei 2202 Interest of your spouse
Super Land Holdings Limited
China Great Wall Amc (international) Holdings Company Limited 2101 Beneficial owner
Zhong Guo Chang Cheng Zi Chan Guan Li Gu Fen You Xian Gong Si 2201 Interest of corporation controlled by you

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