Chowngng Holdings International (HKSE:00116) Days Sales Outstanding : 13.38 (As of Dec. 2023)

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What is Chowngng Holdings International Days Sales Outstanding?

Chowngng Holdings International's average Accounts Receivable for the six months ended in Dec. 2023 was HK$880 Mil. Chowngng Holdings International's Revenue for the six months ended in Dec. 2023 was HK$12,014 Mil. Hence, Chowngng Holdings International's Days Sales Outstanding for the six months ended in Dec. 2023 was 13.38.

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

HKSE:00116' s Days Sales Outstanding Range Over the Past 10 Years
Min: 12.55 Med: 16.09 Max: 21.3
Current: 12.55

During the past 13 years, Chowngng Holdings International's highest Days Sales Outstanding was 21.30. The lowest was 12.55. And the median was 16.09.

HKSE:00116's Days Sales Outstanding is ranked better than
58.72% of 1078 companies
in the Retail - Cyclical industry
Industry Median: 17.625 vs HKSE:00116: 12.55

Chowngng Holdings International's Days Sales Outstanding declined from Dec. 2022 (14.65) to Dec. 2023 (13.38).

Chowngng Holdings International Days Sales Outstanding Historical Data

The historical data trend for Chowngng Holdings International'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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Chowngng Holdings International Days Sales Outstanding Chart

Chowngng Holdings International Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

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19.72

21.30

13.60

14.41

13.04

Chowngng Holdings International 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															13.62	15.06	14.65	11.30	13.38

Competitive Comparison of Chowngng Holdings International's Days Sales Outstanding

For the Luxury Goods subindustry, Chowngng Holdings International'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.

Chowngng Holdings International's Days Sales Outstanding Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Chowngng Holdings International's Days Sales Outstanding distribution charts can be found below:

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

Chowngng Holdings International 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.

Chowngng Holdings International'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
=	( (818.472	+	969.359)	/	2 )	/	25013.339	*	365
=	893.9155					/	25013.339	*	365
=	13.04

Chowngng Holdings International'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
=	( (791.594	+	969.359)	/	2 )	/	12013.561	*	365 / 2
=	880.4765					/	12013.561	*	365 / 2
=	13.38

Chowngng Holdings International (HKSE:00116) Days Sales Outstanding Explanation

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

Chowngng Holdings International Days Sales Outstanding Related Terms

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Chowngng Holdings International (HKSE:00116) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Chow Sang Sang Holdings International Ltd (HKSE:00116) » Definitions » Days Sales Outstanding

Traded in Other Exchanges

CJW1:Germany

Address

229 Nathan Road, 4th Floor, Chow Sang Sang Building, Kowloon, Hong Kong, HKG

Website

https://www.chowsangsang.com

Chow Sang Sang Holdings International Ltd is an investment holding company. The company's businesses include the manufacture and retail of jewelry, the distribution of watches, the wholesale of precious metals, and e-commerce platform operation. The manufacture and retail of the Jewellery segment produce jewelry products for the group's retail business and operate retail stores mainly in Hong Kong, Macau, Mainland China, and Taiwan. The group derives the majority of its revenue from the Retail of jewelry and watches segment.

Chowngng Holdings International (HKSE:00116) Headlines

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