Huarong International Financial Holdings (FRA:93W) Days Sales Outstanding : 183.26 (As of Dec. 2023)

View and export this data going back to 2021. Start your Free Trial

What is Huarong International Financial Holdings Days Sales Outstanding?

Huarong International Financial Holdings's average Accounts Receivable for the six months ended in Dec. 2023 was €25.90 Mil. Huarong International Financial Holdings's Revenue for the six months ended in Dec. 2023 was €25.79 Mil. Hence, Huarong International Financial Holdings's Days Sales Outstanding for the six months ended in Dec. 2023 was 183.26.

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

FRA:93W' s Days Sales Outstanding Range Over the Past 10 Years
Min: 1154.65 Med: 1384.65 Max: 1384.65
Current: 1154.65

During the past 13 years, Huarong International Financial Holdings's highest Days Sales Outstanding was 1384.65. The lowest was 1154.65. And the median was 1384.65.

FRA:93W's Days Sales Outstanding is ranked worse than
96.65% of 508 companies
in the Asset Management industry
Industry Median: 51.21 vs FRA:93W: 1154.65

Huarong International Financial Holdings's Days Sales Outstanding increased from Dec. 2022 (0.00) to Dec. 2023 (183.26).

Warning Sign:

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

Huarong International Financial Holdings Days Sales Outstanding Historical Data

The historical data trend for Huarong International Financial 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.

* Premium members only.

Huarong International Financial Holdings Days Sales Outstanding Chart

Huarong International Financial Holdings Annual Data

Trend

Apr14

Apr15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

Get a 7-Day Free Trial

1,415.80

Huarong International Financial Holdings Semi-Annual Data
	Apr14	Oct14	Apr15	Oct15	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															-	-	-	-	183.26

Competitive Comparison of Huarong International Financial Holdings's Days Sales Outstanding

For the Asset Management subindustry, Huarong International Financial 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.

Huarong International Financial Holdings's Days Sales Outstanding Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Huarong International Financial Holdings's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where Huarong International Financial Holdings's Days Sales Outstanding falls into.

Huarong International Financial 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.

Huarong International Financial 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
=	( (65.587	+	28.608)	/	2 )	/	12.142	*	365
=	47.0975					/	12.142	*	365
=	1,415.80

Huarong International Financial 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
=	( (23.19	+	28.608)	/	2 )	/	25.792	*	365 / 2
=	25.899					/	25.792	*	365 / 2
=	183.26

Huarong International Financial Holdings (FRA:93W) Days Sales Outstanding Explanation

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

Huarong International Financial Holdings Days Sales Outstanding Related Terms

Thank you for viewing the detailed overview of Huarong International Financial Holdings's Days Sales Outstanding provided by GuruFocus.com. Please click on the following links to see related term pages.

Huarong International Financial Holdings (FRA:93W) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Huarong International Financial Holdings Ltd (FRA:93W) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

00993:Hong Kong

Address

60 Gloucester Road, 15th Floor, China Huarong Tower, Wanchai, Hong Kong, HKG

Website

https://www.hrif.com.hk

Huarong International Financial Holdings Ltd is a finance company that provides brokerage services on securities, investment banking, futures, and asset management. The company operates through four segments. The securities segment is composed of the brokerage and trading of securities, futures and options contracts, and margin financing services. The corporate finance segment provides securities underwriting, sponsoring, and financial advisory services to institutional clients. The asset management and direct investment segment consists of asset management services and direct investments in equities, bonds, funds, derivative instruments, and other financial products. The financial services and others segment comprises finance lease services and business consulting services.

Huarong International Financial Holdings (FRA:93W) Headlines

No Headlines