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Great China Holdings (Hong Kong) (HKSE:00021) Days Sales Outstanding : 51.92 (As of Dec. 2023)


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What is Great China Holdings (Hong Kong) Days Sales Outstanding?

Great China Holdings (Hong Kong)'s average Accounts Receivable for the six months ended in Dec. 2023 was HK$1.46 Mil. Great China Holdings (Hong Kong)'s Revenue for the six months ended in Dec. 2023 was HK$5.12 Mil. Hence, Great China Holdings (Hong Kong)'s Days Sales Outstanding for the six months ended in Dec. 2023 was 51.92.

The historical rank and industry rank for Great China Holdings (Hong Kong)'s Days Sales Outstanding or its related term are showing as below:

HKSE:00021' s Days Sales Outstanding Range Over the Past 10 Years
Min: 1.99   Med: 14.14   Max: 36.88
Current: 23.85

During the past 13 years, Great China Holdings (Hong Kong)'s highest Days Sales Outstanding was 36.88. The lowest was 1.99. And the median was 14.14.

HKSE:00021's Days Sales Outstanding is ranked better than
60.13% of 1668 companies
in the Real Estate industry
Industry Median: 36.77 vs HKSE:00021: 23.85

Great China Holdings (Hong Kong)'s Days Sales Outstanding increased from Dec. 2022 (38.82) to Dec. 2023 (51.92).


Great China Holdings (Hong Kong) Days Sales Outstanding Historical Data

The historical data trend for Great China Holdings (Hong Kong)'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.

Great China Holdings (Hong Kong) Days Sales Outstanding Chart

Great China Holdings (Hong Kong) 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 4.75 3.30 23.19 36.88 21.52

Great China Holdings (Hong Kong) 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 46.68 23.50 38.82 17.67 51.92

Competitive Comparison of Great China Holdings (Hong Kong)'s Days Sales Outstanding

For the Real Estate Services subindustry, Great China Holdings (Hong Kong)'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.


Great China Holdings (Hong Kong)'s Days Sales Outstanding Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Great China Holdings (Hong Kong)'s Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where Great China Holdings (Hong Kong)'s Days Sales Outstanding falls into.



Great China Holdings (Hong Kong) 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.

Great China Holdings (Hong Kong)'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
=( (1.762 + 1.049) / 2 ) / 23.843*365
=1.4055 / 23.843*365
=21.52

Great China Holdings (Hong Kong)'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
=( (1.863 + 1.049) / 2 ) / 5.118*365 / 2
=1.456 / 5.118*365 / 2
=51.92

* 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.


Great China Holdings (Hong Kong)  (HKSE:00021) Days Sales Outstanding Explanation

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


Great China Holdings (Hong Kong) Days Sales Outstanding Related Terms

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Great China Holdings (Hong Kong) (HKSE:00021) Business Description

Traded in Other Exchanges
N/A
Address
Central Plaza, 18 Harbour Road, Suite 6403A-4, 64th Floor, Wanchai, Hong Kong, HKG
Great China Holdings (Hong Kong) Ltd formerly Great China Properties Holdings Ltd is engaged in real estate development and management. It projects of the company include the gold coast project, the tanghai county project, the daya bay project, the jin bao cheng project, the hong hai bay project, and the Heqing project. It has a single reportable segment based on the location of the operations, which is a property development and investment located in the PRC. The firm generates its revenue from the sale and management of properties.

Great China Holdings (Hong Kong) (HKSE:00021) Headlines

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