China Literature (HKSE:00772) Days Sales Outstanding

: 98.40 (As of Dec. 2023)

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China Literature's average Accounts Receivable for the six months ended in Dec. 2023 was HK$2,199 Mil. China Literature's Revenue for the six months ended in Dec. 2023 was HK$4,078 Mil. Hence, China Literature's Days Sales Outstanding for the six months ended in Dec. 2023 was 98.40.

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

HKSE:00772' s Days Sales Outstanding Range Over the Past 10 Years
Min: 46.86 Med: 112.92 Max: 176.9
Current: 109.56

During the past 10 years, China Literature's highest Days Sales Outstanding was 176.90. The lowest was 46.86. And the median was 112.92.

HKSE:00772's Days Sales Outstanding is ranked worse than
86.74% of 573 companies
in the Interactive Media industry
Industry Median: 45.54 vs HKSE:00772: 109.56

China Literature's Days Sales Outstanding declined from Dec. 2022 (126.27) to Dec. 2023 (98.40).

China Literature Days Sales Outstanding Historical Data

The historical data trend for China Literature'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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China Literature Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

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114.42

137.70

124.54

125.81

111.42

China Literature Semi-Annual Data
	Dec14	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													127.80	120.41	126.27	120.24	98.40

Competitive Comparison

For the Internet Content & Information subindustry, China Literature'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 Literature Days Sales Outstanding Distribution

For the Interactive Media industry and Communication Services sector, China Literature's Days Sales Outstanding distribution charts can be found below:

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

China Literature 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 Literature'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
=	( (2507.984	+	2174.432)	/	2 )	/	7669.342	*	365
=	2341.208					/	7669.342	*	365
=	111.42

China Literature'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
=	( (2223.578	+	2174.432)	/	2 )	/	4078.438	*	365 / 2
=	2199.005					/	4078.438	*	365 / 2
=	98.40

China Literature (HKSE:00772) 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 Literature Days Sales Outstanding Related Terms

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China Literature (HKSE:00772) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Interactive Media » China Literature Ltd (HKSE:00772) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

CHLLF:USA C2X:Germany

Address

No. 5169 Binjiang Avenue, N3 Lujiazui Binjiang Center, Pudong New Area, Shanghai, CHN, 200135

Website

https://ir.yuewen.com

China Literature Ltd is an investment holding company. The company along with its subsidiaries provides online reading services, copyright commercialization, writer cultivation and brokerage, and operation of text work reading. It generates its revenue from Online reading through self-owned platform products. it operates in two segments: Online business and Intellectual property operations and others. The Online business segment that derives the majority of revenue comprises online paid reading, online advertising, and game publishing. The Intellectual property operations and others segment includes licensing and distribution of film and television properties, copyrights licensing, sales of adaptation rights and scripts, sales of physical books, in-house online games operations.

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