Shandong Hi-Speed Holdings Group (HKSE:00412) Days Sales Outstanding : 760.49 (As of Jun. 2024)

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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 Jun. 2024 was HK$12,790 Mil. Shandong Hi-Speed Holdings Group's Revenue for the six months ended in Jun. 2024 was HK$3,069 Mil. Hence, Shandong Hi-Speed Holdings Group's Days Sales Outstanding for the six months ended in Jun. 2024 was 760.49.

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: 830.23
Current: 830.23

During the past 13 years, Shandong Hi-Speed Holdings Group's highest Days Sales Outstanding was 830.23. The lowest was 11.59. And the median was 167.58.

HKSE:00412's Days Sales Outstanding is ranked worse than
94.93% of 513 companies
in the Asset Management industry
Industry Median: 50.52 vs HKSE:00412: 830.23

Shandong Hi-Speed Holdings Group's Days Sales Outstanding increased from Jun. 2023 (700.65) to Jun. 2024 (760.49).

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
	Sep14	Mar15	Sep15	Mar16	Sep16	Mar17	Sep17	Mar18	Sep18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24
Days Sales Outstanding	Get a 7-Day Free Trial															905.27	690.13	700.65	906.51	760.49

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 Jun. 2024 is calculated as:

	Days Sales Outstanding (Q: Jun. 2024 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Dec. 2023 )	+	Accounts Receivable (A: Jun. 2024 ))	/	count )	/	Revenue (A: Jun. 2024 )	*	Days in Period
=	( (12271.772	+	13307.903)	/	2 )	/	3069.246	*	365 / 2
=	12789.8375					/	3069.246	*	365 / 2
=	760.49

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 Business Description

Industry

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

Comparable Companies

Traded in Other Exchanges

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Address

99 Queen’s Road Central, 38th Floor, The Center, Central, Hong Kong, HKG

Website

https://www.csfg.com.hk

Shandong Hi-Speed Holdings Group Ltd is an investment holding company & its segments include the Industrial investment segment in operations of the industrial investment-related business; the Standard investment segment in trading of listed securities & listed bonds for interest income & capital appreciation; the 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. The majority is from the Industrial Investment segment & key revenue is from the PRC.

Executives

Haitong International Holdings Limited	2201 Interest of corporation controlled by you
Haitong International Securities Group Limited	2201 Interest of corporation controlled by you
Haitong Securities Co., Ltd.	2201 Interest of corporation controlled by you
Shan Dong Gao Su Ji Tuan You Xian Gong Si	2101 Beneficial owner
China Credit Trust Co., Ltd	2201 Interest of corporation controlled by you
Harvest Fund Management Co., Ltd.	2201 Interest of corporation controlled by you
Shandong Hi-speed (bvi) Capital Management Limited
Shandong Hi-speed (hong Kong) International Capital Limited
Shandong International (hong Kong) Limited
Shan Dong Sheng Nong Cun Jing Ji Kai Fa Tou Zi Gong Si
Central Huijin Investment Ltd.	2201 Interest of corporation controlled by you
Tai Fung Bank Limited	2106 Person having a security interest in shares
Zhong Guo Yin Xing Gu Fen You Xian Gong Si	2201 Interest of corporation controlled by you
China Credit Trust Co., Ltd.	2201 Interest of corporation controlled by you
Lau Mo	2201 Interest of corporation controlled by you

Shandong Hi-Speed Holdings Group Headlines

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