Tian Ge Interactive Holdings (HKSE:01980) Days Sales Outstanding

: 33.13 (As of Dec. 2023)

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Tian Ge Interactive Holdings's average Accounts Receivable for the six months ended in Dec. 2023 was HK$5.30 Mil. Tian Ge Interactive Holdings's Revenue for the six months ended in Dec. 2023 was HK$29.22 Mil. Hence, Tian Ge Interactive Holdings's Days Sales Outstanding for the six months ended in Dec. 2023 was 33.13.

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

HKSE:01980' s Days Sales Outstanding Range Over the Past 10 Years
Min: 9.29 Med: 15.37 Max: 37.15
Current: 36.1

During the past 11 years, Tian Ge Interactive Holdings's highest Days Sales Outstanding was 37.15. The lowest was 9.29. And the median was 15.37.

HKSE:01980's Days Sales Outstanding is ranked better than
65.79% of 573 companies
in the Interactive Media industry
Industry Median: 46.16 vs HKSE:01980: 36.10

Tian Ge Interactive Holdings's Days Sales Outstanding declined from Dec. 2022 (33.48) to Dec. 2023 (33.13).

Tian Ge Interactive Holdings Days Sales Outstanding Historical Data

The historical data trend for Tian Ge Interactive Holdings'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.

Tian Ge Interactive Holdings Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

34.99

17.40

9.65

20.52

37.15

Tian Ge Interactive Holdings 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																10.73	17.10	33.48	37.17	33.13

Competitive Comparison

For the Internet Content & Information subindustry, Tian Ge Interactive Holdings'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.

Tian Ge Interactive Holdings Days Sales Outstanding Distribution

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

* The bar in red indicates where Tian Ge Interactive Holdings's Days Sales Outstanding falls into.

Tian Ge Interactive Holdings 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.

Tian Ge Interactive Holdings'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
=	( (11.336	+	3.719)	/	2 )	/	73.962	*	365
=	7.5275					/	73.962	*	365
=	37.15

Tian Ge Interactive Holdings'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
=	( (6.889	+	3.719)	/	2 )	/	29.22	*	365 / 2
=	5.304					/	29.22	*	365 / 2
=	33.13

Tian Ge Interactive Holdings (HKSE:01980) Days Sales Outstanding Explanation

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

Tian Ge Interactive Holdings Days Sales Outstanding Related Terms

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Tian Ge Interactive Holdings (HKSE:01980) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Interactive Media » Tian Ge Interactive Holdings Ltd (HKSE:01980) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

N/A

Address

Intime City Tower E, 12-14th Floor, Gongshu District, Hangzhou, CHN

Website

http://www.tiange.com

Tian Ge Interactive Holdings Ltd is a Chinese investment holding company that engages in the online entertainment business. The company develops and operates real-time video technology so its users can socialize and interact through video chat and text. The company is also involved with creating mobile game platforms, O2O Entertainments, and has a health, personal, and beauty care business. The firm's segments include Online interactive entertainment services and Others. Online interactive entertainment services comprise the vast majority of the firm's overall revenue. It mainly operates its business in China.

Tian Ge Interactive Holdings (HKSE:01980) Headlines

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