Shandong Hi-Speed Holdings Group (HKSE:00412) Days Sales Outstanding : 906.51 (As of Dec. 2023)

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What is Shandong Hi-Speed Holdings Group Days Sales Outstanding?

Shandong Hi-Speed Holdings Group's average Accounts Receivable for the six months ended in Dec. 2023 was HK$12,194 Mil. Shandong Hi-Speed Holdings Group's Revenue for the six months ended in Dec. 2023 was HK$2,455 Mil. Hence, Shandong Hi-Speed Holdings Group's Days Sales Outstanding for the six months ended in Dec. 2023 was 906.51.

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

HKSE:00412' s Days Sales Outstanding Range Over the Past 10 Years
Min: 11.59 Med: 167.58 Max: 789.47
Current: 789.47

During the past 13 years, Shandong Hi-Speed Holdings Group's highest Days Sales Outstanding was 789.47. The lowest was 11.59. And the median was 167.58.

HKSE:00412's Days Sales Outstanding is ranked worse than
94.74% of 513 companies
in the Asset Management industry
Industry Median: 50.66 vs HKSE:00412: 789.47

Shandong Hi-Speed Holdings Group's Days Sales Outstanding increased from Dec. 2022 (690.13) to Dec. 2023 (906.51).

Warning Sign:

If a company's sales outstanding increases, it means it has difficulty collecting payments from its customers.

Shandong Hi-Speed Holdings Group Days Sales Outstanding Historical Data

The historical data trend for Shandong Hi-Speed 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.

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Shandong Hi-Speed Holdings Group Days Sales Outstanding Chart

Shandong Hi-Speed Holdings Group Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

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19.33

77.20

257.96

545.64

784.30

Shandong Hi-Speed Holdings Group Semi-Annual Data
	Mar14	Sep14	Mar15	Sep15	Mar16	Sep16	Mar17	Sep17	Mar18	Sep18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Days Sales Outstanding	Get a 7-Day Free Trial															231.36	905.27	690.13	700.65	906.51

Competitive Comparison of Shandong Hi-Speed Holdings Group's Days Sales Outstanding

For the Asset Management subindustry, Shandong Hi-Speed 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.

Shandong Hi-Speed Holdings Group's Days Sales Outstanding Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Shandong Hi-Speed Holdings Group's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where Shandong Hi-Speed Holdings Group's Days Sales Outstanding falls into.

Shandong Hi-Speed 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.

Shandong Hi-Speed 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
=	( (11489.363	+	12271.772)	/	2 )	/	5529.05	*	365
=	11880.5675					/	5529.05	*	365
=	784.30

Shandong Hi-Speed 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
=	( (12115.567	+	12271.772)	/	2 )	/	2454.844	*	365 / 2
=	12193.6695					/	2454.844	*	365 / 2
=	906.51

Shandong Hi-Speed Holdings Group (HKSE:00412) Days Sales Outstanding Explanation

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

Shandong Hi-Speed Holdings Group Days Sales Outstanding Related Terms

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Shandong Hi-Speed Holdings Group (HKSE:00412) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Shandong Hi-Speed Holdings Group Ltd (HKSE:00412) » Definitions » Days Sales Outstanding

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Traded in Other Exchanges

HRI:Germany

Address

No. 50 Connaught Road Central, 17th Floor, Agricultural Bank of China Tower, Hong Kong, HKG

Website

https://www.csfg.com.hk

Shandong Hi-Speed Holdings Group Ltd is an investment holding company & its segments include Industrial investment segment in operations of industrial investment-related business; Standard investment segment in trading of listed securities & listed bonds for interest income & capital appreciation; Non-standard investment segment in direct investment business, investments in debts instruments, unlisted bonds & investment funds; Licensed financial services segment in provision of money lending services, securities brokerage services, asset management services & asset trading platform; & Financial technology segment in online investment & technology-enabled lending services & online new media services. The majority is from the Industrial Investment segment & key revenue is from PRC.

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