Hilong Holding (HKSE:01623) Days Sales Outstanding : 137.96 (As of Jun. 2023)

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What is Hilong Holding Days Sales Outstanding?

Hilong Holding's average Accounts Receivable for the six months ended in Jun. 2023 was HK$1,742 Mil. Hilong Holding's Revenue for the six months ended in Jun. 2023 was HK$2,304 Mil. Hence, Hilong Holding's Days Sales Outstanding for the six months ended in Jun. 2023 was 137.96.

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

HKSE:01623' s Days Sales Outstanding Range Over the Past 10 Years
Min: 148.14 Med: 205.2 Max: 306.76
Current: 148.14

During the past 13 years, Hilong Holding's highest Days Sales Outstanding was 306.76. The lowest was 148.14. And the median was 205.20.

HKSE:01623's Days Sales Outstanding is ranked worse than
89.29% of 934 companies
in the Oil & Gas industry
Industry Median: 48.81 vs HKSE:01623: 148.14

Hilong Holding's Days Sales Outstanding declined from Jun. 2022 (173.50) to Jun. 2023 (137.96).

Hilong Holding Days Sales Outstanding Historical Data

The historical data trend for Hilong Holding'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.

Hilong Holding Days Sales Outstanding Chart

Hilong Holding Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Days Sales Outstanding

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212.49

196.60

236.72

174.86

150.86

Hilong Holding Semi-Annual Data
	Dec13	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23
Days Sales Outstanding	Get a 7-Day Free Trial															165.61	190.67	173.50	153.72	137.96

Competitive Comparison of Hilong Holding's Days Sales Outstanding

For the Oil & Gas Equipment & Services subindustry, Hilong Holding'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.

Hilong Holding's Days Sales Outstanding Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Hilong Holding's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where Hilong Holding's Days Sales Outstanding falls into.

Hilong Holding 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.

Hilong Holding'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
=	( (1710.379	+	1738.38)	/	2 )	/	4172.133	*	365
=	1724.3795					/	4172.133	*	365
=	150.86

Hilong Holding'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
=	( (1738.38	+	1744.903)	/	2 )	/	2303.933	*	365 / 2
=	1741.6415					/	2303.933	*	365 / 2
=	137.96

Hilong Holding (HKSE:01623) Days Sales Outstanding Explanation

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

Hilong Holding Days Sales Outstanding Related Terms

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Hilong Holding (HKSE:01623) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Hilong Holding Ltd (HKSE:01623) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

HLONF:USA 8HL:Germany

Address

No. 1825, Luodong Road, Baoshan Industrial Zone, Shanghai, CHN, 200949

Website

http://www.hilonggroup.com

Hilong Holding Ltd manufactures and distributes oil and gas drilling equipment and coating materials, and provisions coating, oilfield, and offshore engineering services. Its segments include Oilfield equipment manufacturing and services including the production of oilfield equipment and provision of OCTG coating services; Line pipe technology and services including the provision of services related to oil and gas pipelines and production of coating materials for anti-corrosive and anti-friction purposes; Oilfield services including the provision of well drilling services, integrated comprehensive services, OCTG trading and related services to oil and gas producers; and Offshore engineering services includes the provision of offshore engineering services and offshore design services.

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