GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Hongkong Land Holdings Ltd (OTCPK:HKHGF) » Definitions » Days Sales Outstanding

Hongkong Land Holdings (Hongkong Land Holdings) Days Sales Outstanding : 70.37 (As of Dec. 2023)


View and export this data going back to 2009. Start your Free Trial

What is Hongkong Land Holdings Days Sales Outstanding?

Hongkong Land Holdings's average Accounts Receivable for the six months ended in Dec. 2023 was $453 Mil. Hongkong Land Holdings's Revenue for the six months ended in Dec. 2023 was $1,174 Mil. Hence, Hongkong Land Holdings's Days Sales Outstanding for the six months ended in Dec. 2023 was 70.37.

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

HKHGF' s Days Sales Outstanding Range Over the Past 10 Years
Min: 49.06   Med: 99.28   Max: 193.72
Current: 95.31

During the past 13 years, Hongkong Land Holdings's highest Days Sales Outstanding was 193.72. The lowest was 49.06. And the median was 99.28.

HKHGF's Days Sales Outstanding is ranked worse than
74.42% of 1669 companies
in the Real Estate industry
Industry Median: 36.82 vs HKHGF: 95.31

Hongkong Land Holdings's Days Sales Outstanding declined from Dec. 2022 (94.70) to Dec. 2023 (70.37).


Hongkong Land Holdings Days Sales Outstanding Historical Data

The historical data trend for Hongkong Land 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.

Hongkong Land Holdings Days Sales Outstanding Chart

Hongkong Land Holdings Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Sales Outstanding
Get a 7-Day Free Trial Premium Member Only Premium Member Only 159.98 193.72 87.69 49.06 90.39

Hongkong Land Holdings 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 64.52 94.51 94.70 145.74 70.37

Competitive Comparison of Hongkong Land Holdings's Days Sales Outstanding

For the Real Estate - Development subindustry, Hongkong Land 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.


Hongkong Land Holdings's Days Sales Outstanding Distribution in the Real Estate Industry

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

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



Hongkong Land 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.

Hongkong Land 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
=( (539.4 + 374.1) / 2 ) / 1844.3*365
=456.75 / 1844.3*365
=90.39

Hongkong Land 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
=( (531.2 + 374.1) / 2 ) / 1174*365 / 2
=452.65 / 1174*365 / 2
=70.37

* 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.


Hongkong Land Holdings  (OTCPK:HKHGF) Days Sales Outstanding Explanation

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


Hongkong Land Holdings Days Sales Outstanding Related Terms

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


Hongkong Land Holdings (Hongkong Land Holdings) Business Description

Traded in Other Exchanges
Address
33-35 Street, Jardine House, 4th Floor, Hamilton, BMU
Hongkong Land is a property investor focusing on holding prime commercial assets in Hong Kong, mainland China and Singapore. It is the largest office landlord in Hong Kong's Central Business District and the second largest in Hong Kong overall. The Central portfolio includes 4.1 million square feet of office space and 0.6 million square feet of retail space. The company also holds 1.6 million square feet of office space in Singapore. The company also has property development business in mainland China, Singapore, and Southeast Asia. Hongkong Land is dual listed on the London Stock Exchange and the Singapore Exchange. Jardine Matheson Holdings owns 53% of the company.

Hongkong Land Holdings (Hongkong Land Holdings) Headlines

From GuruFocus

Seeking Value in Hong Kong

By Mark Yu Mark Yu 07-25-2017