Art Group Holdings (HKSE:00565) Days Sales Outstanding : 58.98 (As of Jun. 2024)

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What is Art Group Holdings Days Sales Outstanding?

Art Group Holdings's average Accounts Receivable for the six months ended in Jun. 2024 was HK$13.2 Mil. Art Group Holdings's Revenue for the six months ended in Jun. 2024 was HK$40.8 Mil. Hence, Art Group Holdings's Days Sales Outstanding for the six months ended in Jun. 2024 was 58.98.

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

HKSE:00565' s Days Sales Outstanding Range Over the Past 10 Years
Min: 7.49 Med: 26.42 Max: 778.98
Current: 43.3

During the past 13 years, Art Group Holdings's highest Days Sales Outstanding was 778.98. The lowest was 7.49. And the median was 26.42.

HKSE:00565's Days Sales Outstanding is ranked worse than
53.29% of 1657 companies
in the Real Estate industry
Industry Median: 37.49 vs HKSE:00565: 43.30

Art Group Holdings's Days Sales Outstanding increased from Jun. 2023 (43.33) to Jun. 2024 (58.98).

Art Group Holdings Days Sales Outstanding Historical Data

The historical data trend for Art Group 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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Art Group Holdings Days Sales Outstanding Chart

Art Group Holdings Annual Data

Trend

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Jun24

Days Sales Outstanding

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40.24

7.49

14.84

30.83

41.75

Art Group Holdings Semi-Annual Data
	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24
Days Sales Outstanding	Get a 7-Day Free Trial															16.50	37.06	43.33	35.42	58.98

Competitive Comparison of Art Group Holdings's Days Sales Outstanding

For the Real Estate Services subindustry, Art Group 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.

Art Group Holdings's Days Sales Outstanding Distribution in the Real Estate Industry

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

* The bar in red indicates where Art Group Holdings's Days Sales Outstanding falls into.

Art Group 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.

Art Group Holdings's Days Sales Outstanding for the fiscal year that ended in Jun. 2024 is calculated as

	Days Sales Outstanding (A: Jun. 2024 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Jun. 2023 )	+	Accounts Receivable (A: Jun. 2024 ))	/	count )	/	Revenue (A: Jun. 2024 )	*	Days in Period
=	( (13.161	+	12.269)	/	2 )	/	111.16	*	365
=	12.715					/	111.16	*	365
=	41.75

Art Group Holdings'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
=	( (14.134	+	12.269)	/	2 )	/	40.849	*	365 / 2
=	13.2015					/	40.849	*	365 / 2
=	58.98

Art Group Holdings (HKSE:00565) Days Sales Outstanding Explanation

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

Art Group Holdings Days Sales Outstanding Related Terms

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Art Group Holdings Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Art Group Holdings Ltd (HKSE:00565) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

N/A

Address

70-74 Wuhu Street, Unit A, 1st Floor, Yun Tat Commercial Building, Kowloon, Hong Kong, HKG

Website

https://artgroup.etnet.com.hk

Art Group Holdings Ltd is engaged in the business of property operations. It provides rental, management, and operating services. The company has leased Jiachao's shopping mall and various Jiacong's shops in a giant theme shopping mall both situated in Zhengzhou City, Henan Province, the People's Republic of China. It derives rental income from the leasing of properties.

Executives

Lam Cho Ying Terence Joe	2101 Beneficial owner
Chen Jinqing	2101 Beneficial owner
Chen Jinyan	2101 Beneficial owner
Fully Chain Limited
Chen Jindong
Lin Lin
Jinjie Limited
Ultimate Name Limited

Art Group Holdings Headlines

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