Kinetic Development Group (HKSE:01277) Days Sales Outstanding : 0.21 (As of Dec. 2023)

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What is Kinetic Development Group Days Sales Outstanding?

Kinetic Development Group's average Accounts Receivable for the six months ended in Dec. 2023 was HK$4 Mil. Kinetic Development Group's Revenue for the six months ended in Dec. 2023 was HK$3,558 Mil. Hence, Kinetic Development Group's Days Sales Outstanding for the six months ended in Dec. 2023 was 0.21.

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

HKSE:01277' s Days Sales Outstanding Range Over the Past 10 Years
Min: 0.29 Med: 2.54 Max: 12.82
Current: 0.33

During the past 13 years, Kinetic Development Group's highest Days Sales Outstanding was 12.82. The lowest was 0.29. And the median was 2.54.

HKSE:01277's Days Sales Outstanding is ranked better than
99.19% of 123 companies
in the Other Energy Sources industry
Industry Median: 32.89 vs HKSE:01277: 0.33

Kinetic Development Group's Days Sales Outstanding declined from Dec. 2022 (0.38) to Dec. 2023 (0.21).

Kinetic Development Group Days Sales Outstanding Historical Data

The historical data trend for Kinetic Development Group'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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Kinetic Development Group Days Sales Outstanding Chart

Kinetic Development Group Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

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2.24

1.56

0.29

0.31

0.46

Kinetic Development Group 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															0.37	0.37	0.38	0.38	0.21

Competitive Comparison of Kinetic Development Group's Days Sales Outstanding

For the Thermal Coal subindustry, Kinetic Development Group'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.

Kinetic Development Group's Days Sales Outstanding Distribution in the Other Energy Sources Industry

For the Other Energy Sources industry and Energy sector, Kinetic Development Group's Days Sales Outstanding distribution charts can be found below:

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

Kinetic Development Group 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.

Kinetic Development Group'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
=	( (5.837	+	7.37)	/	2 )	/	5190.056	*	365
=	6.6035					/	5190.056	*	365
=	0.46

Kinetic Development Group'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
=	( (0.928	+	7.37)	/	2 )	/	3557.922	*	365 / 2
=	4.149					/	3557.922	*	365 / 2
=	0.21

Kinetic Development Group (HKSE:01277) Days Sales Outstanding Explanation

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

Kinetic Development Group Days Sales Outstanding Related Terms

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Kinetic Development Group (HKSE:01277) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Other Energy Sources » Kinetic Development Group Ltd (HKSE:01277) » Definitions » Days Sales Outstanding

Traded in Other Exchanges

N/A

Address

Dafanpu Coal Mine, Majiata Village, Xuejiawan Town Zhunge’er Banner, Ordos City Inner Mongolia, Ordos City, CHN

Website

https://www.kineticme.com

Kinetic Development Group Ltd is engaged in the extraction and sales of coal products. It also operates in other activities which include coal production and washing, coal loading and transportation, and coal trading. Its customer base includes large-scale state-owned enterprises, trading firms, and terminal power plants. The company focuses on the development and operation of the Dafanpu Coal Mine situated in Erdos City, the Xiaojia loading station, and its associated rail spur lines. The reportable segments of the company are the coal mining segment and other segment (mainly including planting and properties operations).

Kinetic Development Group (HKSE:01277) Headlines

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