Litian Pictures Holdings (HKSE:09958) Days Sales Outstanding : 715.84 (As of Dec. 2023)

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What is Litian Pictures Holdings Days Sales Outstanding?

Litian Pictures Holdings's average Accounts Receivable for the six months ended in Dec. 2023 was HK$156.1 Mil. Litian Pictures Holdings's Revenue for the six months ended in Dec. 2023 was HK$39.8 Mil. Hence, Litian Pictures Holdings's Days Sales Outstanding for the six months ended in Dec. 2023 was 715.84.

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

HKSE:09958' s Days Sales Outstanding Range Over the Past 10 Years
Min: 185.74 Med: 399.16 Max: 3321.3
Current: 445

During the past 7 years, Litian Pictures Holdings's highest Days Sales Outstanding was 3321.30. The lowest was 185.74. And the median was 399.16.

HKSE:09958's Days Sales Outstanding is ranked worse than
96.18% of 1021 companies
in the Media - Diversified industry
Industry Median: 69.25 vs HKSE:09958: 445.00

Litian Pictures Holdings's Days Sales Outstanding declined from Dec. 2022 (4,910.77) to Dec. 2023 (715.84).

Litian Pictures Holdings Days Sales Outstanding Historical Data

The historical data trend for Litian Pictures 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.

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Litian Pictures Holdings Days Sales Outstanding Chart

Litian Pictures Holdings Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

Get a 7-Day Free Trial

418.01

380.21

431.07

3,321.30

399.16

Litian Pictures Holdings Semi-Annual Data
	Dec17	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Days Sales Outstanding	Get a 7-Day Free Trial							374.10	2,519.28	4,910.77	350.88	715.84

Competitive Comparison of Litian Pictures Holdings's Days Sales Outstanding

For the Entertainment subindustry, Litian Pictures 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.

Litian Pictures Holdings's Days Sales Outstanding Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Litian Pictures Holdings's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where Litian Pictures Holdings's Days Sales Outstanding falls into.

Litian Pictures 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.

Litian Pictures 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
=	( (141.671	+	129.72)	/	2 )	/	124.084	*	365
=	135.6955					/	124.084	*	365
=	399.16

Litian Pictures 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
=	( (182.451	+	129.72)	/	2 )	/	39.793	*	365 / 2
=	156.0855					/	39.793	*	365 / 2
=	715.84

Litian Pictures Holdings (HKSE:09958) Days Sales Outstanding Explanation

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

Litian Pictures Holdings Days Sales Outstanding Related Terms

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Litian Pictures Holdings (HKSE:09958) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » Litian Pictures Holdings Ltd (HKSE:09958) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 5A, Tongniu Dianying Industrial Park, Chaoyang District, Beijing, CHN

Website

https://www.litian.tv

Litian Pictures Holdings Ltd is a a drama series distribution company in the People's Republic of China. It is engaged in the business of licensing the broadcasting rights of self-produced and outright-purchased drama series. In addition, it is engaged in other businesses, which include selling drama series scripts; acting as a distribution agent of the broadcasting rights of TV series; and investing in drama series in which it acts as a non-executive producer. It operates in three segments namely, Self-produced drama series; Outright-purchased drama series; and Others. It derives all its revenue from production, distribution and licensing of broadcasting rights of drama series in China.

Litian Pictures Holdings (HKSE:09958) Headlines

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