Sino-Ocean Group Holding (HKSE:03377) Days Sales Outstanding : 252.94 (As of Dec. 2023)

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What is Sino-Ocean Group Holding Days Sales Outstanding?

Sino-Ocean Group Holding's average Accounts Receivable for the six months ended in Dec. 2023 was HK$38,888 Mil. Sino-Ocean Group Holding's Revenue for the six months ended in Dec. 2023 was HK$28,058 Mil. Hence, Sino-Ocean Group Holding's Days Sales Outstanding for the six months ended in Dec. 2023 was 252.94.

The historical rank and industry rank for Sino-Ocean Group Holding's Days Sales Outstanding or its related term are showing as below:

HKSE:03377' s Days Sales Outstanding Range Over the Past 10 Years
Min: 18.29 Med: 44.24 Max: 264.07
Current: 200.32

During the past 13 years, Sino-Ocean Group Holding's highest Days Sales Outstanding was 264.07. The lowest was 18.29. And the median was 44.24.

HKSE:03377's Days Sales Outstanding is ranked worse than
89.15% of 1668 companies
in the Real Estate industry
Industry Median: 36.985 vs HKSE:03377: 200.32

Sino-Ocean Group Holding's Days Sales Outstanding declined from Dec. 2022 (343.80) to Dec. 2023 (252.94).

Sino-Ocean Group Holding Days Sales Outstanding Historical Data

The historical data trend for Sino-Ocean Group Holding'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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Sino-Ocean Group Holding Days Sales Outstanding Chart

Sino-Ocean Group Holding Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

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23.48

25.72

28.76

47.07

41.41

Sino-Ocean Group Holding 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															138.22	322.74	343.80	312.87	252.94

Competitive Comparison of Sino-Ocean Group Holding's Days Sales Outstanding

For the Real Estate - Development subindustry, Sino-Ocean Group Holding'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.

Sino-Ocean Group Holding's Days Sales Outstanding Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Sino-Ocean Group Holding's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where Sino-Ocean Group Holding's Days Sales Outstanding falls into.

Sino-Ocean Group Holding 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.

Sino-Ocean Group Holding'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
=	( (5892.782	+	5638.71)	/	2 )	/	50815.882	*	365
=	5765.746					/	50815.882	*	365
=	41.41

Sino-Ocean Group Holding'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
=	( (72136.357	+	5638.71)	/	2 )	/	28058.067	*	365 / 2
=	38887.5335					/	28058.067	*	365 / 2
=	252.94

Sino-Ocean Group Holding (HKSE:03377) Days Sales Outstanding Explanation

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

Sino-Ocean Group Holding Days Sales Outstanding Related Terms

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Sino-Ocean Group Holding (HKSE:03377) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Sino-Ocean Group Holding Ltd (HKSE:03377) » Definitions » Days Sales Outstanding

Traded in Other Exchanges

SIOLY:USA SIOLF:USA 3SD:Germany

Address

56 Dongsihuanzhonglu, 31-33 Floor, Tower A, Ocean International Center, Chaoyang District, Beijing, CHN, 100025

Website

https://www.sinooceangroup.com

Sino-Ocean Group Holding Ltd is a real estate company engaged in property development and property investment in China. The company focuses on mid-to-high-end residential property development, investment, and operation of urban property complexes and offices, property services, community O2O, senior living, medical care, shared offices, real estate funds, equity investments, asset management, and overseas investments. It operates in three segments; property development, property management, and property investment. Property development businesses are further segregated geographically into Beijing, Bohai Rim Region, Eastern China, Southern China, Central China, and Western China.

Sino-Ocean Group Holding (HKSE:03377) Headlines

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