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China Overseas Grand Oceans Group (HKSE:00081) Days Sales Outstanding : 0.63 (As of Dec. 2023)


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What is China Overseas Grand Oceans Group Days Sales Outstanding?

China Overseas Grand Oceans Group's average Accounts Receivable for the six months ended in Dec. 2023 was HK$110 Mil. China Overseas Grand Oceans Group's Revenue for the six months ended in Dec. 2023 was HK$31,978 Mil. Hence, China Overseas Grand Oceans Group's Days Sales Outstanding for the six months ended in Dec. 2023 was 0.63.

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

HKSE:00081' s Days Sales Outstanding Range Over the Past 10 Years
Min: 0.17   Med: 4.11   Max: 88.94
Current: 0.53

During the past 13 years, China Overseas Grand Oceans Group's highest Days Sales Outstanding was 88.94. The lowest was 0.17. And the median was 4.11.

HKSE:00081's Days Sales Outstanding is ranked better than
97.18% of 1669 companies
in the Real Estate industry
Industry Median: 36.82 vs HKSE:00081: 0.53

China Overseas Grand Oceans Group's Days Sales Outstanding increased from Dec. 2022 (0.29) to Dec. 2023 (0.63).


China Overseas Grand Oceans Group Days Sales Outstanding Historical Data

The historical data trend for China Overseas Grand Oceans 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.

China Overseas Grand Oceans Group Days Sales Outstanding Chart

China Overseas Grand Oceans Group 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 0.53 0.17 0.32 0.39 0.66

China Overseas Grand Oceans Group 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 0.36 0.34 0.29 0.30 0.63

Competitive Comparison of China Overseas Grand Oceans Group's Days Sales Outstanding

For the Real Estate - Development subindustry, China Overseas Grand Oceans 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 Overseas Grand Oceans Group's Days Sales Outstanding Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, China Overseas Grand Oceans Group's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where China Overseas Grand Oceans Group's Days Sales Outstanding falls into.



China Overseas Grand Oceans 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 Overseas Grand Oceans 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
=( (50.406 + 173.922) / 2 ) / 61698.037*365
=112.164 / 61698.037*365
=0.66

China Overseas Grand Oceans 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
=( (46.55 + 173.922) / 2 ) / 31977.732*365 / 2
=110.236 / 31977.732*365 / 2
=0.63

* 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.


China Overseas Grand Oceans Group  (HKSE:00081) 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 Overseas Grand Oceans Group Days Sales Outstanding Related Terms

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China Overseas Grand Oceans Group (HKSE:00081) Business Description

Traded in Other Exchanges
Address
1 Queen’s Road East, Suites 701 - 702, 7th Floor, Three Pacific Place, Kowloon, Hong Kong, HKG
China Overseas Grand Oceans Group Ltd is engaged in general real estate activities. Its main line of business reflects the development of property comprised of residential property projects. The company carries out its business through three segments; Property investment and development, Property Leasing, and Others. The property investment and development segment is the major revenue driver for the company and is engaged in the construction of residential and commercial properties in the People's Republic of China. The Others segment mainly engages in hotel operations and generates service fee income in relation to hotel operation and other ancillary services.

China Overseas Grand Oceans Group (HKSE:00081) Headlines

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