Central China Management Co (HKSE:09982) Days Sales Outstanding : 95.04 (As of Jun. 2023)

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What is Central China Management Co Days Sales Outstanding?

Central China Management Co's average Accounts Receivable for the six months ended in Jun. 2023 was HK$217.8 Mil. Central China Management Co's Revenue for the six months ended in Jun. 2023 was HK$418.3 Mil. Hence, Central China Management Co's Days Sales Outstanding for the six months ended in Jun. 2023 was 95.04.

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

HKSE:09982' s Days Sales Outstanding Range Over the Past 10 Years
Min: 10.99 Med: 30.67 Max: 131.17
Current: 117.24

During the past 5 years, Central China Management Co's highest Days Sales Outstanding was 131.17. The lowest was 10.99. And the median was 30.67.

HKSE:09982's Days Sales Outstanding is ranked worse than
79.29% of 1666 companies
in the Real Estate industry
Industry Median: 36.77 vs HKSE:09982: 117.24

Central China Management Co's Days Sales Outstanding declined from Jun. 2022 (99.13) to Jun. 2023 (95.04).

Warning Sign:

If a company's sales outstanding increases, it means it has difficulty collecting payments from its customers.

Central China Management Co Days Sales Outstanding Historical Data

The historical data trend for Central China Management Co'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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Central China Management Co Days Sales Outstanding Chart

Central China Management Co Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Days Sales Outstanding

11.99

10.99

30.67

52.12

131.17

Central China Management Co Semi-Annual Data
	Dec18	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23
Days Sales Outstanding	Get a 7-Day Free Trial				43.44	50.15	99.13	154.10	95.04

Competitive Comparison of Central China Management Co's Days Sales Outstanding

For the Real Estate Services subindustry, Central China Management Co'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.

Central China Management Co's Days Sales Outstanding Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Central China Management Co's Days Sales Outstanding distribution charts can be found below:

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

Central China Management Co 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.

Central China Management Co'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
=	( (269.3	+	216.821)	/	2 )	/	676.371	*	365
=	243.0605					/	676.371	*	365
=	131.17

Central China Management Co'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
=	( (216.821	+	218.805)	/	2 )	/	418.264	*	365 / 2
=	217.813					/	418.264	*	365 / 2
=	95.04

Central China Management Co (HKSE:09982) Days Sales Outstanding Explanation

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

Central China Management Co Days Sales Outstanding Related Terms

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Central China Management Co (HKSE:09982) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Central China Management Co Ltd (HKSE:09982) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

N/A

Address

Nongye East Road, Room 212, 313, Block C, Jianye Office Building, Henan Province, Zhengzhou, CHN

Website

http://www.centralchinamgt.com

Central China Management Company, or CCMGT, is one of China's leading property project management companies with a dominant market position in Henan province. As a project manager, CCMGT may be involved in overseeing the design, construction, marketing, and sales strategy of a development for its clients, that is, the project owners. CCMGT is a sister company of Central China Real Estate, or CCRE, a prominent real estate developer in Henan. Both CCMGT and CCRE are not government-linked or owned.

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