Tan Chong International (HKSE:00693) Days Sales Outstanding : 31.21 (As of Dec. 2023)

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What is Tan Chong International Days Sales Outstanding?

Tan Chong International's average Accounts Receivable for the six months ended in Dec. 2023 was HK$1,113 Mil. Tan Chong International's Revenue for the six months ended in Dec. 2023 was HK$6,510 Mil. Hence, Tan Chong International's Days Sales Outstanding for the six months ended in Dec. 2023 was 31.21.

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

HKSE:00693' s Days Sales Outstanding Range Over the Past 10 Years
Min: 25.31 Med: 31.06 Max: 35.95
Current: 31.62

During the past 13 years, Tan Chong International's highest Days Sales Outstanding was 35.95. The lowest was 25.31. And the median was 31.06.

HKSE:00693's Days Sales Outstanding is ranked better than
79.86% of 1271 companies
in the Vehicles & Parts industry
Industry Median: 60.7 vs HKSE:00693: 31.62

Tan Chong International's Days Sales Outstanding increased from Dec. 2022 (31.00) to Dec. 2023 (31.21).

Tan Chong International Days Sales Outstanding Historical Data

The historical data trend for Tan Chong 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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Tan Chong International Days Sales Outstanding Chart

Tan Chong International Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

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30.33

35.95

32.14

31.79

32.05

Tan Chong 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															34.03	28.06	31.00	31.56	31.21

Competitive Comparison of Tan Chong International's Days Sales Outstanding

For the Auto & Truck Dealerships subindustry, Tan Chong 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.

Tan Chong International's Days Sales Outstanding Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Tan Chong International's Days Sales Outstanding distribution charts can be found below:

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

Tan Chong 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.

Tan Chong 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
=	( (1366.027	+	1062.325)	/	2 )	/	13825.66	*	365
=	1214.176					/	13825.66	*	365
=	32.05

Tan Chong 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
=	( (1164.424	+	1062.325)	/	2 )	/	6509.954	*	365 / 2
=	1113.3745					/	6509.954	*	365 / 2
=	31.21

Tan Chong International (HKSE:00693) Days Sales Outstanding Explanation

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

Tan Chong International Days Sales Outstanding Related Terms

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Tan Chong International (HKSE:00693) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Tan Chong International Ltd (HKSE:00693) » Definitions » Days Sales Outstanding

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Traded in Other Exchanges

T15:Singapore

Address

6-8 Harbour Road, Unit 3001, 30th Floor, Shui On Centre, Wanchai, Hong Kong, HKG

Website

https://www.tanchong.com

Tan Chong International Ltd is an automobile dealer. It offers vehicles of Nissan brand in Singapore, Hong Kong, China and Thailand. The company has five business lines namely, Motor vehicle distribution and dealership business, Heavy commercial vehicle and industrial equipment distribution business, Property rentals and development, Transportation and Other operations which include investment holding, hire purchase financing, provision of workshop services and the manufacturing of vehicle seats. The company generates the majority of revenue from Motor vehicle distribution and dealership business.

Tan Chong International (HKSE:00693) Headlines

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