Silk Road Logistics Holdings (HKSE:00988) Days Sales Outstanding : 12.56 (As of Jun. 2023)

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What is Silk Road Logistics Holdings Days Sales Outstanding?

Silk Road Logistics Holdings's average Accounts Receivable for the six months ended in Jun. 2023 was HK$0.17 Mil. Silk Road Logistics Holdings's Revenue for the six months ended in Jun. 2023 was HK$2.47 Mil. Hence, Silk Road Logistics Holdings's Days Sales Outstanding for the six months ended in Jun. 2023 was 12.56.

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

HKSE:00988' s Days Sales Outstanding Range Over the Past 10 Years
Min: 1.44 Med: 36.24 Max: 214.62
Current: 1.77

During the past 13 years, Silk Road Logistics Holdings's highest Days Sales Outstanding was 214.62. The lowest was 1.44. And the median was 36.24.

HKSE:00988's Days Sales Outstanding is not ranked
in the Capital Markets industry.
Industry Median: 63.82 vs HKSE:00988: 1.77

Silk Road Logistics Holdings's Days Sales Outstanding increased from Jun. 2022 (0.00) to Jun. 2023 (12.56).

Silk Road Logistics Holdings Days Sales Outstanding Historical Data

The historical data trend for Silk Road Logistics 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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Silk Road Logistics Holdings Days Sales Outstanding Chart

Silk Road Logistics Holdings Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

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20.26

3.31

1.44

8.33

1.77

Silk Road Logistics Holdings Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Days Sales Outstanding	Get a 7-Day Free Trial															115.73	-	8.77	12.56	1.26

Competitive Comparison of Silk Road Logistics Holdings's Days Sales Outstanding

For the Capital Markets subindustry, Silk Road Logistics 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.

Silk Road Logistics Holdings's Days Sales Outstanding Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Silk Road Logistics Holdings's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where Silk Road Logistics Holdings's Days Sales Outstanding falls into.

Silk Road Logistics 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.

Silk Road Logistics Holdings's Days Sales Outstanding for the fiscal year that ended in Dec. 2022 is calculated as

	Days Sales Outstanding (A: Dec. 2022 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Dec. 2021 )	+	Accounts Receivable (A: Dec. 2022 ))	/	count )	/	Revenue (A: Dec. 2022 )	*	Days in Period
=	( (0	+	0.17)	/	1 )	/	7.449	*	365
=	0.17					/	7.449	*	365
=	8.33

Silk Road Logistics Holdings's Days Sales Outstanding for the quarter that ended in Jun. 2023 is calculated as:

	Days Sales Outstanding (Q: Jun. 2023 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Dec. 2022 )	+	Accounts Receivable (A: Jun. 2023 ))	/	count )	/	Revenue (A: Jun. 2023 )	*	Days in Period
=	( (0.17	+	0)	/	1 )	/	2.47	*	365 / 2
=	0.17					/	2.47	*	365 / 2
=	12.56

Silk Road Logistics Holdings (HKSE:00988) Days Sales Outstanding Explanation

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

Silk Road Logistics Holdings Days Sales Outstanding Related Terms

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Silk Road Logistics Holdings (HKSE:00988) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » Silk Road Logistics Holdings Ltd (HKSE:00988) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

N/A

Address

262 Gloucester Road, Room 1702, 17th Floor, COFCO Tower, Causeway Bay, Hong Kong, HKG

Website

http://www.silkroadlogistics.com.hk

Silk Road Logistics Holdings Ltd is an Investment Holding company. It operates through three segments namely the Commodities trading segment which is engaged in the trading of commodities; the Oil segment which operates in the exploration and production of oil as well as the provision of well-drilling services; and the Logistics segment is involved in the provision of transportation and warehousing services. The company generates the majority of its revenue from the People's Republic of China.

Silk Road Logistics Holdings (HKSE:00988) Headlines

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