China Resources Land (China Resources Land) Days Sales Outstanding : 9.23 (As of Jun. 2023)

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What is China Resources Land Days Sales Outstanding?

China Resources Land's average Accounts Receivable for the six months ended in Jun. 2023 was $515 Mil. China Resources Land's Revenue for the six months ended in Jun. 2023 was $10,190 Mil. Hence, China Resources Land's Days Sales Outstanding for the six months ended in Jun. 2023 was 9.23.

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

CRBJY' s Days Sales Outstanding Range Over the Past 10 Years
Min: 3.41 Med: 7.21 Max: 76.19
Current: 5.23

During the past 13 years, China Resources Land's highest Days Sales Outstanding was 76.19. The lowest was 3.41. And the median was 7.21.

CRBJY's Days Sales Outstanding is ranked better than
84.83% of 1668 companies
in the Real Estate industry
Industry Median: 36.015 vs CRBJY: 5.23

China Resources Land's Days Sales Outstanding increased from Jun. 2022 (6.71) to Jun. 2023 (9.23).

China Resources Land Days Sales Outstanding Historical Data

The historical data trend for China Resources Land'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.

China Resources Land Days Sales Outstanding Chart

China Resources Land Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

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57.80

4.90

4.12

5.09

4.89

China Resources Land 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	Get a 7-Day Free Trial															3.69	6.71	4.25	9.23	3.83

Competitive Comparison of China Resources Land's Days Sales Outstanding

For the Real Estate - Development subindustry, China Resources Land'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 Resources Land's Days Sales Outstanding Distribution in the Real Estate Industry

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

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

China Resources Land 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 Resources Land'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
=	( (366.394	+	462.533)	/	2 )	/	29700.234	*	365
=	414.4635					/	29700.234	*	365
=	5.09

China Resources Land'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
=	( (462.533	+	567.827)	/	2 )	/	10189.555	*	365 / 2
=	515.18					/	10189.555	*	365 / 2
=	9.23

China Resources Land (OTCPK:CRBJY) 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 Resources Land Days Sales Outstanding Related Terms

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China Resources Land (China Resources Land) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » China Resources Land Ltd (OTCPK:CRBJY) » Definitions » Days Sales Outstanding

Traded in Other Exchanges

CRBJF:USA 01109:Hong Kong CHZ:Germany

Address

26 Harbour Road, 46th Floor, China Resources Building, Wanchai, Hong Kong, HKG

Website

https://www.crland.com.hk

China Resources Land, or CR Land, is a leading real estate developer with nationwide coverage in China. Aside from the core development business, CR Land differentiates itself from peers with a significant investment property portfolio with luxury focused MixC malls, and it holds a 73.7% stake in listed property management company China Resources Mixc Lifestyle Services. CR Land is a subsidiary of China Resources Holdings, or CR Holdings, a sizable state-owned conglomerate with a diverse presence in the utilities, consumer goods, medical, and property sectors. CR Holdings holds about a 60% stake in CR Land.

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