China International Development (HKSE:00264) Days Sales Outstanding

: 53.69 (As of Jun. 2023)

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China International Development's average Accounts Receivable for the six months ended in Jun. 2023 was HK$4.98 Mil. China International Development's Revenue for the six months ended in Jun. 2023 was HK$16.91 Mil. Hence, China International Development's Days Sales Outstanding for the six months ended in Jun. 2023 was 53.69.

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

HKSE:00264' s Days Sales Outstanding Range Over the Past 10 Years
Min: 42.44 Med: 52.43 Max: 98.55
Current: 62.16

During the past 13 years, China International Development's highest Days Sales Outstanding was 98.55. The lowest was 42.44. And the median was 52.43.

HKSE:00264's Days Sales Outstanding is ranked worse than
59.94% of 1031 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 53.83 vs HKSE:00264: 62.16

China International Development's Days Sales Outstanding increased from Jun. 2022 (49.59) to Jun. 2023 (53.69).

China International Development Days Sales Outstanding Historical Data

The historical data trend for China International Development'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.

China International Development Annual Data

Trend

Mar14

Mar15

Mar16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

55.81

98.55

62.78

48.95

81.14

China International Development Semi-Annual Data
	Mar14	Sep14	Mar15	Sep15	Mar16	Sep16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Days Sales Outstanding																75.18	49.59	28.84	53.69	51.39

Competitive Comparison

For the Footwear & Accessories subindustry, China International Development'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.

China International Development Days Sales Outstanding Distribution

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, China International Development's Days Sales Outstanding distribution charts can be found below:

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

China International Development 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.

China International Development's Days Sales Outstanding for the fiscal year that ended in Dec. 2022 is calculated as

	Days Sales Outstanding (A: Dec. 2022 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Dec. 2021 )	+	Accounts Receivable (A: Dec. 2022 ))	/	count )	/	Revenue (A: Dec. 2022 )	*	Days in Period
=	( (7.09	+	7.943)	/	2 )	/	56.042	*	365
=	7.5165					/	56.042	*	365
=	48.95

China International Development's Days Sales Outstanding for the quarter that ended in Jun. 2023 is calculated as:

	Days Sales Outstanding (Q: Jun. 2023 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Dec. 2022 )	+	Accounts Receivable (A: Jun. 2023 ))	/	count )	/	Revenue (A: Jun. 2023 )	*	Days in Period
=	( (7.943	+	2.009)	/	2 )	/	16.914	*	365 / 2
=	4.976					/	16.914	*	365 / 2
=	53.69

China International Development (HKSE:00264) Days Sales Outstanding Explanation

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

China International Development Days Sales Outstanding Related Terms

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China International Development (HKSE:00264) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » China International Development Corp Ltd (HKSE:00264) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

N/A

Address

39 Queen’s Road Central, Level 26, Hong Kong, HKG

Website

http://www.irasia.com/listco/hk/cidc/index.htm

China International Development Corp Ltd is engaged in the business of leather products. The company is involved in the manufacturing and distribution of leather products and retail of fashion apparel, footwear, and leather accessories, and industrial hemp planting and production of hemp fabric products. It operates in two segments namely, Leather Manufacturing segment and Leather Retail segment. The Leather Manufacturing segment involves the manufacturing and distribution of leather products. The Leather Retail segment engages in the retail of fashion apparel, footwear, and leather accessories. The company has its operations in Hong Kong, Europe, the PRC, the United States of America and other countries.

China International Development (HKSE:00264) Headlines

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