Zhongchang International Holdings Group (HKSE:00859) Days Sales Outstanding : 0.86 (As of Dec. 2023)

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What is Zhongchang International Holdings Group Days Sales Outstanding?

Zhongchang International Holdings Group's average Accounts Receivable for the six months ended in Dec. 2023 was HK$0.08 Mil. Zhongchang International Holdings Group's Revenue for the six months ended in Dec. 2023 was HK$17.40 Mil. Hence, Zhongchang International Holdings Group's Days Sales Outstanding for the six months ended in Dec. 2023 was 0.86.

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

HKSE:00859' s Days Sales Outstanding Range Over the Past 10 Years
Min: 1.54 Med: 13.77 Max: 50.09
Current: 1.54

During the past 13 years, Zhongchang International Holdings Group's highest Days Sales Outstanding was 50.09. The lowest was 1.54. And the median was 13.77.

HKSE:00859's Days Sales Outstanding is ranked better than
94.53% of 1665 companies
in the Real Estate industry
Industry Median: 36.46 vs HKSE:00859: 1.54

Zhongchang International Holdings Group's Days Sales Outstanding declined from Dec. 2022 (8.67) to Dec. 2023 (0.86).

Zhongchang International Holdings Group Days Sales Outstanding Historical Data

The historical data trend for Zhongchang International 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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Zhongchang International Holdings Group Days Sales Outstanding Chart

Zhongchang International Holdings Group Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

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12.94

34.27

50.09

27.99

1.76

Zhongchang International 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															28.88	31.91	8.67	2.04	0.86

Competitive Comparison of Zhongchang International Holdings Group's Days Sales Outstanding

For the Real Estate Services subindustry, Zhongchang International 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.

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

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

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

Zhongchang International 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.

Zhongchang International 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
=	( (0.264	+	0.061)	/	2 )	/	33.778	*	365
=	0.1625					/	33.778	*	365
=	1.76

Zhongchang International 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
=	( (0.103	+	0.061)	/	2 )	/	17.396	*	365 / 2
=	0.082					/	17.396	*	365 / 2
=	0.86

Zhongchang International Holdings Group (HKSE:00859) Days Sales Outstanding Explanation

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

Zhongchang International Holdings Group Days Sales Outstanding Related Terms

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Zhongchang International Holdings Group (HKSE:00859) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Zhongchang International Holdings Group Ltd (HKSE:00859) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

N/A

Address

1 Matheson Street, Suite 1711, Tower 2, Times Square, Causeway Bay, Hong Kong, HKG

Website

https://www.zhongchangintl.hk

Zhongchang International Holdings Group Ltd is an investment holding company. The firm operates in the segments of Property Investment. The Property Investment segment engages in the leasing of investment properties. The company generates all of its revenue from rental income in Hong Kong.

Executives

China Cinda (hk) Asset Management Co., Limited	2201 Interest of corporation controlled by you
China Cinda (hk) Holdings Company Limited	2201 Interest of corporation controlled by you
China Cinda Asset Management Co., Ltd.	2201 Interest of corporation controlled by you
Bonds Chan Family Holdings (ptc) Ltd.	2201 Interest of corporation controlled by you
Chen Jianming	2201 Interest of corporation controlled by you
Chen Yanhong	2202 Interest of your spouse
Sansheng Hongye (hong Kong) Limited	2101 Beneficial owner
Shang Hai San Sheng Hong Ye Tou Zi Ji Tuan You Xian Ze Ren Gong Si	2201 Interest of corporation controlled by you
Shang Hai San Sheng Fang Di Chan Ji Tuan You Xian Ze Ren Gong Si	2201 Interest of corporation controlled by you
China Cinda (hk) Holdings Company Limited	2201 Interest of corporation controlled by you
Dcp China Credit Fund I, L.p.	2201 Interest of corporation controlled by you
Dignari Capital Partners Gp Limited	2201 Interest of corporation controlled by you
Tan Mei Zie Grace	2201 Interest of corporation controlled by you
Fu Yan	2202 Interest of your spouse
Chen Lijun	2201 Interest of corporation controlled by you

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