Zhuguang Holdings Group Co (HKSE:01176) Days Sales Outstanding : 856.18 (As of Dec. 2023)

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What is Zhuguang Holdings Group Co Days Sales Outstanding?

Zhuguang Holdings Group Co's average Accounts Receivable for the six months ended in Dec. 2023 was HK$5,083 Mil. Zhuguang Holdings Group Co's Revenue for the six months ended in Dec. 2023 was HK$1,083 Mil. Hence, Zhuguang Holdings Group Co's Days Sales Outstanding for the six months ended in Dec. 2023 was 856.18.

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

HKSE:01176' s Days Sales Outstanding Range Over the Past 10 Years
Min: 30.41 Med: 129.74 Max: 1545.28
Current: 1221.95

During the past 13 years, Zhuguang Holdings Group Co's highest Days Sales Outstanding was 1545.28. The lowest was 30.41. And the median was 129.74.

HKSE:01176's Days Sales Outstanding is ranked worse than
98.68% of 1669 companies
in the Real Estate industry
Industry Median: 36.82 vs HKSE:01176: 1221.95

Zhuguang Holdings Group Co's Days Sales Outstanding declined from Dec. 2022 (1,469.69) to Dec. 2023 (856.18).

Zhuguang Holdings Group Co Days Sales Outstanding Historical Data

The historical data trend for Zhuguang Holdings Group 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.

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Zhuguang Holdings Group Co Days Sales Outstanding Chart

Zhuguang Holdings Group Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

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138.78

255.70

1,212.93

1,545.28

1,015.29

Zhuguang Holdings Group Co 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															1,329.30	1,868.80	1,469.69	1,850.77	856.18

Competitive Comparison of Zhuguang Holdings Group Co's Days Sales Outstanding

For the Real Estate Services subindustry, Zhuguang Holdings Group 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.

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

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

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

Zhuguang Holdings Group 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.

Zhuguang Holdings Group Co'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
=	( (10429.19	+	978.694)	/	2 )	/	2050.576	*	365
=	5703.942					/	2050.576	*	365
=	1,015.29

Zhuguang Holdings Group Co'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
=	( (9186.849	+	978.694)	/	2 )	/	1083.429	*	365 / 2
=	5082.7715					/	1083.429	*	365 / 2
=	856.18

Zhuguang Holdings Group Co (HKSE:01176) Days Sales Outstanding Explanation

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

Zhuguang Holdings Group Co Days Sales Outstanding Related Terms

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Zhuguang Holdings Group Co (HKSE:01176) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Zhuguang Holdings Group Co Ltd (HKSE:01176) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

N/A

Address

8 Finance Street, Room 5702-5703, 57th Floor, Two International Finance Centre, Central, Hong Kong, HKG

Website

http://www.zhuguang.com.hk

Zhuguang Holdings Group Co Ltd engages in property development, property investment, project management, and other property development related services in the People's Republic of China. The company's core investment projects take place in tier-one and tier-two cities in China. The group's key projects include Zhuguang Yujing Scenic Garden, Pearl Yijing, Pearl Tianhu Yujing Garden, Zhuguang Financial Town One, Pearl Xincheng Yujing, and many others. The sale of properties from the Property Development Segment are responsible for most of the company's revenue. The company earns its revenue in both Hong Kong and Mainland China.

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