Chinney Investments (HKSE:00216) Days Sales Outstanding : 3.25 (As of Sep. 2023)

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What is Chinney Investments Days Sales Outstanding?

Chinney Investments's average Accounts Receivable for the six months ended in Sep. 2023 was HK$12 Mil. Chinney Investments's Revenue for the six months ended in Sep. 2023 was HK$651 Mil. Hence, Chinney Investments's Days Sales Outstanding for the six months ended in Sep. 2023 was 3.25.

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

HKSE:00216' s Days Sales Outstanding Range Over the Past 10 Years
Min: 4.32 Med: 7.16 Max: 74.8
Current: 4.34

During the past 13 years, Chinney Investments's highest Days Sales Outstanding was 74.80. The lowest was 4.32. And the median was 7.16.

HKSE:00216's Days Sales Outstanding is ranked better than
87.03% of 1665 companies
in the Real Estate industry
Industry Median: 36.46 vs HKSE:00216: 4.34

Chinney Investments's Days Sales Outstanding declined from Sep. 2022 (4.24) to Sep. 2023 (3.25).

Chinney Investments Days Sales Outstanding Historical Data

The historical data trend for Chinney Investments'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.

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Chinney Investments Days Sales Outstanding Chart

Chinney Investments Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Days Sales Outstanding

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7.50

13.26

5.70

5.48

4.32

Chinney Investments Semi-Annual Data
	Mar14	Sep14	Mar15	Sep15	Mar16	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
Days Sales Outstanding	Get a 7-Day Free Trial															4.99	5.18	4.24	5.59	3.25

Competitive Comparison of Chinney Investments's Days Sales Outstanding

For the Real Estate - Development subindustry, Chinney Investments'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.

Chinney Investments's Days Sales Outstanding Distribution in the Real Estate Industry

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

* The bar in red indicates where Chinney Investments's Days Sales Outstanding falls into.

Chinney Investments 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.

Chinney Investments's Days Sales Outstanding for the fiscal year that ended in Mar. 2023 is calculated as

	Days Sales Outstanding (A: Mar. 2023 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Mar. 2022 )	+	Accounts Receivable (A: Mar. 2023 ))	/	count )	/	Revenue (A: Mar. 2023 )	*	Days in Period
=	( (14.319	+	10.93)	/	2 )	/	1066.412	*	365
=	12.6245					/	1066.412	*	365
=	4.32

Chinney Investments's Days Sales Outstanding for the quarter that ended in Sep. 2023 is calculated as:

	Days Sales Outstanding (Q: Sep. 2023 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Mar. 2023 )	+	Accounts Receivable (A: Sep. 2023 ))	/	count )	/	Revenue (A: Sep. 2023 )	*	Days in Period
=	( (10.93	+	12.282)	/	2 )	/	650.752	*	365 / 2
=	11.606					/	650.752	*	365 / 2
=	3.25

Chinney Investments (HKSE:00216) Days Sales Outstanding Explanation

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

Chinney Investments Days Sales Outstanding Related Terms

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Chinney Investments (HKSE:00216) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Chinney Investments Ltd (HKSE:00216) » Definitions » Days Sales Outstanding

Traded in Other Exchanges

N/A

Address

111 Connaught Road Central, 23rd Floor, Wing On Centre, Hong Kong, HKG

Website

http://www.chinney.com.hk

Chinney Investments Ltd is a Hong Kong-based investment holding company. The company's operating segment include Property development; Property investment and Property, carpark management and others. Property development segment develops properties for sale. The Property Investment segment holds investment properties for development and generates rental income. It generates maximum revenue from the Property development segment. Geographically, it derives a majority of revenue from Mainland China and also has a presence in Hong Kong.

Executives

Chinney Holdings Limited	2101 Beneficial owner
Lucky Year Finance Limited	2201 Interest of corporation controlled by you
Wong Sai Wing, James	2201 Interest of corporation controlled by you

Chinney Investments (HKSE:00216) Headlines

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