Glory Sun Land Group (HKSE:00299) Days Sales Outstanding : 1.37 (As of Dec. 2023)

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What is Glory Sun Land Group Days Sales Outstanding?

Glory Sun Land Group's average Accounts Receivable for the six months ended in Dec. 2023 was HK$8 Mil. Glory Sun Land Group's Revenue for the six months ended in Dec. 2023 was HK$1,043 Mil. Hence, Glory Sun Land Group's Days Sales Outstanding for the six months ended in Dec. 2023 was 1.37.

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

HKSE:00299' s Days Sales Outstanding Range Over the Past 10 Years
Min: 3.79 Med: 23.2 Max: 687.84
Current: 3.79

During the past 13 years, Glory Sun Land Group's highest Days Sales Outstanding was 687.84. The lowest was 3.79. And the median was 23.20.

HKSE:00299's Days Sales Outstanding is ranked better than
89.88% of 563 companies
in the Capital Markets industry
Industry Median: 65.71 vs HKSE:00299: 3.79

Glory Sun Land Group's Days Sales Outstanding declined from Dec. 2022 (34.59) to Dec. 2023 (1.37).

Glory Sun Land Group Days Sales Outstanding Historical Data

The historical data trend for Glory Sun Land 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.

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Glory Sun Land Group Days Sales Outstanding Chart

Glory Sun Land Group Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

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7.87

8.27

6.26

11.09

5.13

Glory Sun Land 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															6.57	14.03	34.59	14.55	1.37

Competitive Comparison of Glory Sun Land Group's Days Sales Outstanding

For the Capital Markets subindustry, Glory Sun Land 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.

Glory Sun Land Group's Days Sales Outstanding Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Glory Sun Land Group's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where Glory Sun Land Group's Days Sales Outstanding falls into.

Glory Sun Land 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.

Glory Sun Land 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
=	( (21.801	+	12.009)	/	2 )	/	1203.026	*	365
=	16.905					/	1203.026	*	365
=	5.13

Glory Sun Land 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
=	( (3.652	+	12.009)	/	2 )	/	1043.434	*	365 / 2
=	7.8305					/	1043.434	*	365 / 2
=	1.37

Glory Sun Land Group (HKSE:00299) Days Sales Outstanding Explanation

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

Glory Sun Land Group Days Sales Outstanding Related Terms

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Glory Sun Land Group (HKSE:00299) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » Glory Sun Land Group Ltd (HKSE:00299) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

N/A

Address

Tower Two, Lippo Centre, Unit 1305, 13th Floor, No. 89 Queensway, Admiralty, Hong Kong, HKG

Website

http://www.hk0299.com

Glory Sun Land Group Ltd is engaged in the trading of commodities in the People's Republic of China. The company's business segments are The real estate and property investment segment includes property development and property investment, the Trading of commodities segment includes the trading of commodities, the Construction segment includes the provision of construction works, Others segment includes the operation of a golf practicing court, operation of children's playrooms, operation of fitness rooms, operation of a karaoke box, and trading of home appliances and building materials.

Glory Sun Land Group (HKSE:00299) Headlines

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