CCID Consulting Co (HKSE:02176) Days Sales Outstanding : 43.92 (As of Dec. 2023)

View and export this data going back to 2002. Start your Free Trial

What is CCID Consulting Co Days Sales Outstanding?

CCID Consulting Co's average Accounts Receivable for the six months ended in Dec. 2023 was HK$47.4 Mil. CCID Consulting Co's Revenue for the six months ended in Dec. 2023 was HK$196.9 Mil. Hence, CCID Consulting Co's Days Sales Outstanding for the six months ended in Dec. 2023 was 43.92.

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

HKSE:02176' s Days Sales Outstanding Range Over the Past 10 Years
Min: 34.13 Med: 44.02 Max: 52.99
Current: 50.1

During the past 13 years, CCID Consulting Co's highest Days Sales Outstanding was 52.99. The lowest was 34.13. And the median was 44.02.

HKSE:02176's Days Sales Outstanding is ranked better than
64.71% of 2729 companies
in the Software industry
Industry Median: 61.68 vs HKSE:02176: 50.10

CCID Consulting Co's Days Sales Outstanding declined from Dec. 2022 (51.45) to Dec. 2023 (43.92).

CCID Consulting Co Days Sales Outstanding Historical Data

The historical data trend for CCID Consulting 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.

CCID Consulting Co Days Sales Outstanding Chart

CCID Consulting Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

Get a 7-Day Free Trial

35.93

49.80

34.13

50.48

43.17

CCID Consulting 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															29.04	91.33	51.45	71.25	43.92

Competitive Comparison of CCID Consulting Co's Days Sales Outstanding

For the Information Technology Services subindustry, CCID Consulting 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.

CCID Consulting Co's Days Sales Outstanding Distribution in the Software Industry

For the Software industry and Technology sector, CCID Consulting Co's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where CCID Consulting Co's Days Sales Outstanding falls into.

CCID Consulting 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.

CCID Consulting 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
=	( (30.588	+	41.423)	/	2 )	/	304.426	*	365
=	36.0055					/	304.426	*	365
=	43.17

CCID Consulting 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
=	( (53.355	+	41.423)	/	2 )	/	196.92	*	365 / 2
=	47.389					/	196.92	*	365 / 2
=	43.92

CCID Consulting Co (HKSE:02176) Days Sales Outstanding Explanation

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

CCID Consulting Co Days Sales Outstanding Related Terms

Thank you for viewing the detailed overview of CCID Consulting Co's Days Sales Outstanding provided by GuruFocus.com. Please click on the following links to see related term pages.

CCID Consulting Co (HKSE:02176) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » CCID Consulting Co Ltd (HKSE:02176) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

CCX:Germany

Address

66 Zizhuyuan Road, 10th Floor, CCID Plaza, Haidian District, Beijing, CHN, 100048

Website

http://www.ccidconsulting.com

CCID Consulting Co Ltd is engaged in the provision of management and strategic consultancy services, market consultancy services, information engineering supervision services, data information design services, training courses services and subscription to information system services, and conference consultation and exhibition services. The company is also engaged in the provision of industry spatial management services which is included in the management and strategic consultancy services segment. The company operates in the PRC.

CCID Consulting Co (HKSE:02176) Headlines

No Headlines