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Sunac China Holdings (Sunac China Holdings) Days Sales Outstanding : 9.03 (As of Dec. 2023)


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What is Sunac China Holdings Days Sales Outstanding?

Sunac China Holdings's average Accounts Receivable for the six months ended in Dec. 2023 was $664 Mil. Sunac China Holdings's Revenue for the six months ended in Dec. 2023 was $13,411 Mil. Hence, Sunac China Holdings's Days Sales Outstanding for the six months ended in Dec. 2023 was 9.03.

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

SNCNQ' s Days Sales Outstanding Range Over the Past 10 Years
Min: 3.06   Med: 4.3   Max: 14
Current: 10.71

During the past 13 years, Sunac China Holdings's highest Days Sales Outstanding was 14.00. The lowest was 3.06. And the median was 4.30.

SNCNQ's Days Sales Outstanding is ranked better than
75.01% of 1669 companies
in the Real Estate industry
Industry Median: 36.92 vs SNCNQ: 10.71

Sunac China Holdings's Days Sales Outstanding declined from Dec. 2022 (16.56) to Dec. 2023 (9.03).


Sunac China Holdings Days Sales Outstanding Historical Data

The historical data trend for Sunac China Holdings'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.

Sunac China Holdings Days Sales Outstanding Chart

Sunac China Holdings Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Sales Outstanding
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.33 3.46 5.37 13.98 9.78

Sunac China Holdings 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 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 5.52 14.76 16.56 14.70 9.03

Competitive Comparison of Sunac China Holdings's Days Sales Outstanding

For the Real Estate - Development subindustry, Sunac China Holdings'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.


Sunac China Holdings's Days Sales Outstanding Distribution in the Real Estate Industry

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

* The bar in red indicates where Sunac China Holdings's Days Sales Outstanding falls into.



Sunac China Holdings 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.

Sunac China Holdings'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
=( (572.714 + 585.364) / 2 ) / 21600.36*365
=579.039 / 21600.36*365
=9.78

Sunac China Holdings'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
=( (742.484 + 585.364) / 2 ) / 13411.129*365 / 2
=663.924 / 13411.129*365 / 2
=9.03

* 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.


Sunac China Holdings  (GREY:SNCNQ) Days Sales Outstanding Explanation

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


Sunac China Holdings Days Sales Outstanding Related Terms

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Sunac China Holdings (Sunac China Holdings) Business Description

Traded in Other Exchanges
Address
No.278, Hongqi Road, Building 1, East Side in Hopsca Center International, Nankai District, Tianjin, CHN, 300381
Property developer Sunac China commenced operations in 2003 and listed on the Hong Kong exchange in 2010. Based in Tianjin, Sunac is geographically well diversified across China like many large-scale listed PRC developers, and into major cities including Shanghai, Beijing, Guangzhou, Shenzhen and Hainan. Sunac is founded by Sun Hongbin, major shareholder and chairman of the company that previously established Sunco Group and adopted a high leverage strategy, which Sunac also then embraced. On top of aggressive asset expansion in recent years, the significant acquisition of a stake in non-related business Leshi Internet, as well as the landmark portfolio acquisition of Dalian Wanda theme park assets on the back of a highly leveraged balance sheet, have also garnered much market attention.

Sunac China Holdings (Sunac China Holdings) Headlines