CHIRF (China National Culture Group) Days Sales Outstanding : 1,696.51 (As of Mar. 2024)

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What is China National Culture Group Days Sales Outstanding?

China National Culture Group's average Accounts Receivable for the six months ended in Mar. 2024 was $3.44 Mil. China National Culture Group's Revenue for the six months ended in Mar. 2024 was $0.37 Mil. Hence, China National Culture Group's Days Sales Outstanding for the six months ended in Mar. 2024 was 1,696.51.

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

CHIRF' s Days Sales Outstanding Range Over the Past 10 Years
Min: 145.71 Med: 207 Max: 423.78
Current: 423.78

During the past 13 years, China National Culture Group's highest Days Sales Outstanding was 423.78. The lowest was 145.71. And the median was 207.00.

CHIRF's Days Sales Outstanding is ranked worse than
96.7% of 1030 companies
in the Media - Diversified industry
Industry Median: 67.285 vs CHIRF: 423.78

China National Culture Group's Days Sales Outstanding declined from Mar. 2023 (4,014.58) to Mar. 2024 (1,696.51).

China National Culture Group Days Sales Outstanding Historical Data

The historical data trend for China National Culture Group'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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China National Culture Group Days Sales Outstanding Chart

China National Culture Group Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Days Sales Outstanding

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276.68

228.57

218.12

362.47

356.29

China National Culture Group Semi-Annual Data
	Sep14	Mar15	Sep15	Mar16	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23	Mar24
Days Sales Outstanding	Get a 7-Day Free Trial															218.27	162.27	4,014.58	313.00	1,696.51

Competitive Comparison of China National Culture Group's Days Sales Outstanding

For the Advertising Agencies subindustry, China National Culture Group'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 National Culture Group's Days Sales Outstanding Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, China National Culture Group's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where China National Culture Group's Days Sales Outstanding falls into.

China National Culture Group 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 National Culture Group's Days Sales Outstanding for the fiscal year that ended in Mar. 2024 is calculated as

	Days Sales Outstanding (A: Mar. 2024 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Mar. 2023 )	+	Accounts Receivable (A: Mar. 2024 ))	/	count )	/	Revenue (A: Mar. 2024 )	*	Days in Period
=	( (5.514	+	1.444)	/	2 )	/	3.564	*	365
=	3.479					/	3.564	*	365
=	356.29

China National Culture Group's Days Sales Outstanding for the quarter that ended in Mar. 2024 is calculated as:

	Days Sales Outstanding (Q: Mar. 2024 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Sep. 2023 )	+	Accounts Receivable (A: Mar. 2024 ))	/	count )	/	Revenue (A: Mar. 2024 )	*	Days in Period
=	( (5.435	+	1.444)	/	2 )	/	0.37	*	365 / 2
=	3.4395					/	0.37	*	365 / 2
=	1,696.51

China National Culture Group (OTCPK:CHIRF) 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 National Culture Group Days Sales Outstanding Related Terms

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China National Culture Group Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » China National Culture Group Ltd (OTCPK:CHIRF) » Definitions » Days Sales Outstanding

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00745:Hong Kong

Address

95 Queensway, Unit A, 29th FLoor, United Centre, Admiralty, Hong Kong, HKG

Website

http://www.cncg-media.com

China National Culture Group Ltd is a Hong Kong-based investment holding company engaged in advertising media services, e-commerce, film production, and distribution business. The company mainly operates through three segments. The Advertising segment is engaged in the provision of value-added services through mobile devices. The Movie segment is engaged in the production and distribution of films and the provision of other film-related services. The E-commerce segment is engaged in the sales of products on the Internet. The Advertising segment contributes to the majority of the business. Geographically, the company operates in Hong Kong, and China, of which key revenue is generated from China.

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