Chow Tai Fook Jewellery Group (Chow Tai Fook Jewellery Group) Days Sales Outstanding : 11.63 (As of Sep. 2023)

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What is Chow Tai Fook Jewellery Group Days Sales Outstanding?

Chow Tai Fook Jewellery Group's average Accounts Receivable for the six months ended in Sep. 2023 was $403 Mil. Chow Tai Fook Jewellery Group's Revenue for the six months ended in Sep. 2023 was $6,326 Mil. Hence, Chow Tai Fook Jewellery Group's Days Sales Outstanding for the six months ended in Sep. 2023 was 11.63.

The historical rank and industry rank for Chow Tai Fook Jewellery Group's Days Sales Outstanding or its related term are showing as below:

CJEWY' s Days Sales Outstanding Range Over the Past 10 Years
Min: 12.1 Med: 17.97 Max: 21.12
Current: 12.76

During the past 13 years, Chow Tai Fook Jewellery Group's highest Days Sales Outstanding was 21.12. The lowest was 12.10. And the median was 17.97.

CJEWY's Days Sales Outstanding is ranked better than
57.96% of 1080 companies
in the Retail - Cyclical industry
Industry Median: 17.72 vs CJEWY: 12.76

Chow Tai Fook Jewellery Group's Days Sales Outstanding declined from Sep. 2022 (13.72) to Sep. 2023 (11.63).

Chow Tai Fook Jewellery Group Days Sales Outstanding Historical Data

The historical data trend for Chow Tai Fook Jewellery 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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Chow Tai Fook Jewellery Group Days Sales Outstanding Chart

Chow Tai Fook Jewellery Group Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Days Sales Outstanding

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19.82

20.99

18.32

13.75

12.12

Chow Tai Fook Jewellery Group Semi-Annual Data
	Mar14	Sep14	Mar15	Sep15	Mar16	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
Days Sales Outstanding	Get a 7-Day Free Trial															18.82	13.05	13.72	13.53	11.63

Competitive Comparison of Chow Tai Fook Jewellery Group's Days Sales Outstanding

For the Luxury Goods subindustry, Chow Tai Fook Jewellery 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.

Chow Tai Fook Jewellery Group's Days Sales Outstanding Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Chow Tai Fook Jewellery Group's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where Chow Tai Fook Jewellery Group's Days Sales Outstanding falls into.

Chow Tai Fook Jewellery 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.

Chow Tai Fook Jewellery Group's Days Sales Outstanding for the fiscal year that ended in Mar. 2023 is calculated as

	Days Sales Outstanding (A: Mar. 2023 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Mar. 2022 )	+	Accounts Receivable (A: Mar. 2023 ))	/	count )	/	Revenue (A: Mar. 2023 )	*	Days in Period
=	( (391.458	+	409.418)	/	2 )	/	12063.705	*	365
=	400.438					/	12063.705	*	365
=	12.12

Chow Tai Fook Jewellery Group's Days Sales Outstanding for the quarter that ended in Sep. 2023 is calculated as:

	Days Sales Outstanding (Q: Sep. 2023 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Mar. 2023 )	+	Accounts Receivable (A: Sep. 2023 ))	/	count )	/	Revenue (A: Sep. 2023 )	*	Days in Period
=	( (409.418	+	396.896)	/	2 )	/	6326.41	*	365 / 2
=	403.157					/	6326.41	*	365 / 2
=	11.63

Chow Tai Fook Jewellery Group (OTCPK:CJEWY) Days Sales Outstanding Explanation

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

Chow Tai Fook Jewellery Group Days Sales Outstanding Related Terms

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Chow Tai Fook Jewellery Group (Chow Tai Fook Jewellery Group) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Chow Tai Fook Jewellery Group Ltd (OTCPK:CJEWY) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

CJEWF:USA 01929:Hong Kong 1CT:Germany

Address

16 - 18 Queen's Road Central, 33rd Floor, New World Tower, Central, Hong Kong, HKG

Website

https://www.ctfjewellerygroup.com

Chow Tai Fook Jewellery Group Ltd is engaged in the jewelry and watch business located in Mainland China. The company's geographical operating segment includes Mainland China and Hong Kong, Macau and other markets. It generates maximum revenue from Mainland China. Its product categories include ring, bands, necklace, pendant, earrings, chain, bracelet, and others. The company derives revenue from Gem-set, Gold products, Platinum/Karat gold products, and Watches.