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Da Ming International Holdings (HKSE:01090) Days Sales Outstanding : 3.58 (As of Dec. 2024)


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What is Da Ming International Holdings Days Sales Outstanding?

Da Ming International Holdings's average Accounts Receivable for the six months ended in Dec. 2024 was HK$496 Mil. Da Ming International Holdings's Revenue for the six months ended in Dec. 2024 was HK$25,253 Mil. Hence, Da Ming International Holdings's Days Sales Outstanding for the six months ended in Dec. 2024 was 3.58.

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

HKSE:01090' s Days Sales Outstanding Range Over the Past 10 Years
Min: 3.1   Med: 3.52   Max: 3.91
Current: 3.61

During the past 13 years, Da Ming International Holdings's highest Days Sales Outstanding was 3.91. The lowest was 3.10. And the median was 3.52.

HKSE:01090's Days Sales Outstanding is ranked better than
96.38% of 607 companies
in the Steel industry
Industry Median: 50.24 vs HKSE:01090: 3.61

Da Ming International Holdings's Days Sales Outstanding increased from Dec. 2023 (3.21) to Dec. 2024 (3.58).


Da Ming International Holdings Days Sales Outstanding Historical Data

The historical data trend for Da Ming International 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.

* Premium members only.

Da Ming International Holdings Days Sales Outstanding Chart

Da Ming International Holdings Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Days Sales Outstanding
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.52 3.57 3.91 3.46 3.55

Da Ming International Holdings Semi-Annual Data
Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24
Days Sales Outstanding Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 4.45 3.68 3.21 3.71 3.58

Competitive Comparison of Da Ming International Holdings's Days Sales Outstanding

For the Steel subindustry, Da Ming International 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.


Da Ming International Holdings's Days Sales Outstanding Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, Da Ming International Holdings's Days Sales Outstanding distribution charts can be found below:

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


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Da Ming International 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.

Da Ming International Holdings's Days Sales Outstanding for the fiscal year that ended in Dec. 2024 is calculated as

Days Sales Outstanding (A: Dec. 2024 )
=Average Accounts Receivable /Revenue*Days in Period
=( (Accounts Receivable (A: Dec. 2023 ) + Accounts Receivable (A: Dec. 2024 )) / count ) / Revenue (A: Dec. 2024 )*Days in Period
=( (485.861 + 479.298) / 2 ) / 49596.9*365
=482.5795 / 49596.9*365
=3.55

Da Ming International Holdings's Days Sales Outstanding for the quarter that ended in Dec. 2024 is calculated as:

Days Sales Outstanding (Q: Dec. 2024 )
=Average Accounts Receivable /Revenue*Days in Period
=( (Accounts Receivable (A: Jun. 2024 ) + Accounts Receivable (A: Dec. 2024 )) / count ) / Revenue (A: Dec. 2024 )*Days in Period
=( (512.765 + 479.298) / 2 ) / 25253.044*365 / 2
=496.0315 / 25253.044*365 / 2
=3.58

* 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.


Da Ming International Holdings  (HKSE:01090) Days Sales Outstanding Explanation

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


Da Ming International Holdings Days Sales Outstanding Related Terms

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Da Ming International Holdings Business Description

Traded in Other Exchanges
N/A
Address
No. 1518, Tong Jiang Road, Wuxi, Jiangsu, CHN
Da Ming International Holdings Ltd is engaged in processing, distribution and sale of stainless steel and carbon steel products. The reportable operating segments of the company are; Processing which derives key revenue and includes processing of stainless steel and carbon steel products and components, and equipment, and the Manufacturing segment which involves manufacturing of equipment and mechanical parts. Geographically, the firm generates a majority of its revenue from Mainland China and the rest from Hong Kong and other overseas countries and regions.
Executives
Ally Good Group Limited 2101 Beneficial owner
Xu Xia 2202 Interest of your spouse
Zhou Keming 2201 Interest of corporation controlled by you
Zhong Guo Bao Wu Gang Tie Ji Tuan You Xian Gong Si 2201 Interest of corporation controlled by you

Da Ming International Holdings Headlines

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