CGSHY (Country Garden Services Holdings Co) Days Sales Outstanding : 152.37 (As of Jun. 2024)

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What is Country Garden Services Holdings Co Days Sales Outstanding?

Country Garden Services Holdings Co's average Accounts Receivable for the six months ended in Jun. 2024 was $2,422 Mil. Country Garden Services Holdings Co's Revenue for the six months ended in Jun. 2024 was $2,901 Mil. Hence, Country Garden Services Holdings Co's Days Sales Outstanding for the six months ended in Jun. 2024 was 152.37.

The historical rank and industry rank for Country Garden Services Holdings Co's Days Sales Outstanding or its related term are showing as below:

CGSHY' s Days Sales Outstanding Range Over the Past 10 Years
Min: 37.28 Med: 66.84 Max: 148.78
Current: 148.78

During the past 9 years, Country Garden Services Holdings Co's highest Days Sales Outstanding was 148.78. The lowest was 37.28. And the median was 66.84.

CGSHY's Days Sales Outstanding is ranked worse than
83.18% of 1659 companies
in the Real Estate industry
Industry Median: 36.79 vs CGSHY: 148.78

Country Garden Services Holdings Co's Days Sales Outstanding increased from Jun. 2023 (146.44) to Jun. 2024 (152.37).

Country Garden Services Holdings Co Days Sales Outstanding Historical Data

The historical data trend for Country Garden Services Holdings 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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Country Garden Services Holdings Co Days Sales Outstanding Chart

Country Garden Services Holdings Co Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

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40.72

66.73

91.21

117.44

137.51

Country Garden Services Holdings Co Semi-Annual Data
	Dec15	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24
Days Sales Outstanding	Get a 7-Day Free Trial												108.51	123.88	146.44	141.07	152.37

Competitive Comparison of Country Garden Services Holdings Co's Days Sales Outstanding

For the Real Estate Services subindustry, Country Garden Services Holdings 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.

Country Garden Services Holdings Co's Days Sales Outstanding Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Country Garden Services Holdings Co's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where Country Garden Services Holdings Co's Days Sales Outstanding falls into.

Country Garden Services Holdings 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.

Country Garden Services Holdings Co'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
=	( (2202.924	+	2293.844)	/	2 )	/	5967.832	*	365
=	2248.384					/	5967.832	*	365
=	137.51

Country Garden Services Holdings Co's Days Sales Outstanding for the quarter that ended in Jun. 2024 is calculated as:

	Days Sales Outstanding (Q: Jun. 2024 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Dec. 2023 )	+	Accounts Receivable (A: Jun. 2024 ))	/	count )	/	Revenue (A: Jun. 2024 )	*	Days in Period
=	( (2293.844	+	2550.189)	/	2 )	/	2901.037	*	365 / 2
=	2422.0165					/	2901.037	*	365 / 2
=	152.37

Country Garden Services Holdings Co (OTCPK:CGSHY) Days Sales Outstanding Explanation

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

Country Garden Services Holdings Co Days Sales Outstanding Related Terms

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Country Garden Services Holdings Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Country Garden Services Holdings Co Ltd (OTCPK:CGSHY) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

06098:Hong Kong 75H:Germany

Address

West Building of Country Garden Office, Beijiao Town, Shunde District, Guangdong Province, Foshan, CHN, 528312

Website

http://www.bgyfw.com

Country Garden Services was listed on the Hong Kong Stock Exchange in June 2018 as a spinoff via introduction by sister developer Country Garden Holdings. As of June 2022, Yang Huiyan, chairperson of CGH, was also the largest shareholder of CGS with 43% ownership. CGS was among the top residential property management firms in China in terms of revenue and gross floor area under management for 2023. This is mainly ascribed to scalable projects contributed by CGH and rising acquisitions of third-party property management peers. In addition, CGS provides value-added services to developers and homeowners, and city services on public space sanitation and greening.