Xinhua News Media Holdings (HKSE:00309) Days Sales Outstanding : 68.45 (As of Sep. 2024)

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What is Xinhua News Media Holdings Days Sales Outstanding?

Xinhua News Media Holdings's average Accounts Receivable for the six months ended in Sep. 2024 was HK$67.3 Mil. Xinhua News Media Holdings's Revenue for the six months ended in Sep. 2024 was HK$179.3 Mil. Hence, Xinhua News Media Holdings's Days Sales Outstanding for the six months ended in Sep. 2024 was 68.45.

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

HKSE:00309' s Days Sales Outstanding Range Over the Past 10 Years
Min: 50.15 Med: 62.24 Max: 70.48
Current: 67.04

During the past 13 years, Xinhua News Media Holdings's highest Days Sales Outstanding was 70.48. The lowest was 50.15. And the median was 62.24.

HKSE:00309's Days Sales Outstanding is ranked worse than
59.42% of 1035 companies
in the Business Services industry
Industry Median: 59.6 vs HKSE:00309: 67.04

Xinhua News Media Holdings's Days Sales Outstanding increased from Sep. 2023 (63.63) to Sep. 2024 (68.45).

Xinhua News Media Holdings Days Sales Outstanding Historical Data

The historical data trend for Xinhua News Media Holdings'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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Xinhua News Media Holdings Days Sales Outstanding Chart

Xinhua News Media Holdings Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Days Sales Outstanding

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68.19

68.52

63.84

70.48

61.95

Xinhua News Media Holdings Semi-Annual Data
	Mar15	Sep15	Mar16	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23	Mar24	Sep24
Days Sales Outstanding	Get a 7-Day Free Trial															72.33	58.99	63.63	63.52	68.45

Competitive Comparison of Xinhua News Media Holdings's Days Sales Outstanding

For the Specialty Business Services subindustry, Xinhua News Media Holdings'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.

Xinhua News Media Holdings's Days Sales Outstanding Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Xinhua News Media Holdings's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where Xinhua News Media Holdings's Days Sales Outstanding falls into.

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Xinhua News Media Holdings 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.

Xinhua News Media Holdings's Days Sales Outstanding for the fiscal year that ended in Mar. 2024 is calculated as

	Days Sales Outstanding (A: Mar. 2024 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Mar. 2023 )	+	Accounts Receivable (A: Mar. 2024 ))	/	count )	/	Revenue (A: Mar. 2024 )	*	Days in Period
=	( (49.152	+	60.242)	/	2 )	/	322.246	*	365
=	54.697					/	322.246	*	365
=	61.95

Xinhua News Media Holdings's Days Sales Outstanding for the quarter that ended in Sep. 2024 is calculated as:

	Days Sales Outstanding (Q: Sep. 2024 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Mar. 2024 )	+	Accounts Receivable (A: Sep. 2024 ))	/	count )	/	Revenue (A: Sep. 2024 )	*	Days in Period
=	( (60.242	+	74.262)	/	2 )	/	179.307	*	365 / 2
=	67.252					/	179.307	*	365 / 2
=	68.45

Xinhua News Media Holdings (HKSE:00309) Days Sales Outstanding Explanation

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

Xinhua News Media Holdings Days Sales Outstanding Related Terms

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Xinhua News Media Holdings Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Xinhua News Media Holdings Ltd (HKSE:00309) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

N/A

Address

9 Science Museum Road, Unit 508B, 5/F, New East Ocean Centre, Tsim Sha Tsui, Kowloon, Hong Kong, HKG

Website

https://www.xhnmedia.com

Xinhua News Media Holdings Ltd is engaged in the business of the provision of cleaning and related services and the provision of medical waste treatment services. It has operating segments as follows: Cleaning and Related Services segment engages in the provision of cleaning and related services; Advertising media business segment engages in the provision of media strategy; Waste Treatment business segment engages in the provision of organic waste treatment. The group operates in Hong Kong and China, of which prime revenue is derived from Hong Kong.

Executives

Lam Wai Yin	2101 Beneficial owner
Yu Weikun
Tsui Kwok Hing	2202 Interest of your spouse
Chen Ming	2101 Beneficial owner
Wki Partners (holdings) Limited	2101 Beneficial owner
Zheng Xian Deng	2101 Beneficial owner

Xinhua News Media Holdings Headlines

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