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Huisen Shares Group (Huisen Shares Group) Days Sales Outstanding : 119.77 (As of Dec. 2023)


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What is Huisen Shares Group Days Sales Outstanding?

Huisen Shares Group's average Accounts Receivable for the six months ended in Dec. 2023 was $198.4 Mil. Huisen Shares Group's Revenue for the six months ended in Dec. 2023 was $302.3 Mil. Hence, Huisen Shares Group's Days Sales Outstanding for the six months ended in Dec. 2023 was 119.77.

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

HHIGF' s Days Sales Outstanding Range Over the Past 10 Years
Min: 86.63   Med: 100.11   Max: 132.49
Current: 121.19

During the past 7 years, Huisen Shares Group's highest Days Sales Outstanding was 132.49. The lowest was 86.63. And the median was 100.11.

HHIGF's Days Sales Outstanding is ranked worse than
92.34% of 418 companies
in the Furnishings, Fixtures & Appliances industry
Industry Median: 52.5 vs HHIGF: 121.19

Huisen Shares Group's Days Sales Outstanding declined from Dec. 2022 (139.43) to Dec. 2023 (119.77).


Huisen Shares Group Days Sales Outstanding Historical Data

The historical data trend for Huisen Shares 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.

* Premium members only.

Huisen Shares Group Days Sales Outstanding Chart

Huisen Shares Group Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Sales Outstanding
Get a 7-Day Free Trial 95.48 101.43 86.88 132.34 116.21

Huisen Shares Group Semi-Annual Data
Dec17 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Days Sales Outstanding Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only 81.62 100.32 139.43 129.59 119.77

Competitive Comparison of Huisen Shares Group's Days Sales Outstanding

For the Furnishings, Fixtures & Appliances subindustry, Huisen Shares 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.


Huisen Shares Group's Days Sales Outstanding Distribution in the Furnishings, Fixtures & Appliances Industry

For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, Huisen Shares Group's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where Huisen Shares Group's Days Sales Outstanding falls into.



Huisen Shares 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.

Huisen Shares Group'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
=( (110.899 + 213.793) / 2 ) / 509.889*365
=162.346 / 509.889*365
=116.21

Huisen Shares Group'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
=( (183.013 + 213.793) / 2 ) / 302.325*365 / 2
=198.403 / 302.325*365 / 2
=119.77

* 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.


Huisen Shares Group  (OTCPK:HHIGF) Days Sales Outstanding Explanation

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


Huisen Shares Group Days Sales Outstanding Related Terms

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Huisen Shares Group (Huisen Shares Group) Business Description

Traded in Other Exchanges
Address
Huisen Road, Daluo Industrial Park, Longnan Economic Technology Development Zone, Jiangxi Province, Longnan, CHN
Huisen Household International Group Ltd is principally engaged in the manufacturing and selling of panel-type furniture, upholstered furniture, sport-type furniture, customized furniture, and furniture ornaments. The company offers comprehensive manufacturing solutions to its customers, with the capabilities to design, develop and manufacture functional and economical panel furniture, upholstered furniture, and other furniture such as outdoor furniture and sports and recreational equipment. The company is also engaged in the manufacture and sale of hardware furniture and furniture ornaments. The company generates the majority of its revenue from panel-type furniture.

Huisen Shares Group (Huisen Shares Group) Headlines

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