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Tianli Holdings Group (HKSE:00117) Days Sales Outstanding : 159.85 (As of Dec. 2023)


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What is Tianli Holdings Group Days Sales Outstanding?

Tianli Holdings Group's average Accounts Receivable for the six months ended in Dec. 2023 was HK$263.8 Mil. Tianli Holdings Group's Revenue for the six months ended in Dec. 2023 was HK$301.2 Mil. Hence, Tianli Holdings Group's Days Sales Outstanding for the six months ended in Dec. 2023 was 159.85.

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

HKSE:00117' s Days Sales Outstanding Range Over the Past 10 Years
Min: 65.47   Med: 115.82   Max: 197.57
Current: 170.92

During the past 13 years, Tianli Holdings Group's highest Days Sales Outstanding was 197.57. The lowest was 65.47. And the median was 115.82.

HKSE:00117's Days Sales Outstanding is ranked worse than
91.02% of 2461 companies
in the Hardware industry
Industry Median: 74.37 vs HKSE:00117: 170.92

Tianli Holdings Group's Days Sales Outstanding declined from Dec. 2022 (211.56) to Dec. 2023 (159.85).


Tianli Holdings Group Days Sales Outstanding Historical Data

The historical data trend for Tianli Holdings 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.

Tianli Holdings Group Days Sales Outstanding Chart

Tianli Holdings 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 147.45 114.80 110.32 197.57 170.96

Tianli Holdings 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 143.22 170.31 211.56 185.19 159.85

Competitive Comparison of Tianli Holdings Group's Days Sales Outstanding

For the Electronic Components subindustry, Tianli Holdings 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.


Tianli Holdings Group's Days Sales Outstanding Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Tianli Holdings Group's Days Sales Outstanding distribution charts can be found below:

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



Tianli Holdings 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.

Tianli Holdings 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
=( (222.154 + 277.881) / 2 ) / 533.782*365
=250.0175 / 533.782*365
=170.96

Tianli Holdings 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
=( (249.814 + 277.881) / 2 ) / 301.229*365 / 2
=263.8475 / 301.229*365 / 2
=159.85

* 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.


Tianli Holdings Group  (HKSE:00117) Days Sales Outstanding Explanation

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


Tianli Holdings Group Days Sales Outstanding Related Terms

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Tianli Holdings Group (HKSE:00117) Business Description

Traded in Other Exchanges
N/A
Address
99 Queen’s Road Central, Suites 2711-12, 27th Floor, The Center, Hong Kong, HKG
Tianli Holdings Group Ltd is an investment holding company principally engaged in the manufacturing and sales of electronic products with current focus on multi-layer ceramic chips (MLCC) products. It also provides financial services including direct investments in debt, equity and any other assets, asset management, and financial advisory services. The company operates in Mainland China, Hong Kong, and Other countries.

Tianli Holdings Group (HKSE:00117) Headlines

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