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Courage Investment Group (HKSE:01145) Days Sales Outstanding : 2.49 (As of Dec. 2024)


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What is Courage Investment Group Days Sales Outstanding?

Courage Investment Group's average Accounts Receivable for the six months ended in Dec. 2024 was HK$0.44 Mil. Courage Investment Group's Revenue for the six months ended in Dec. 2024 was HK$31.97 Mil. Hence, Courage Investment Group's Days Sales Outstanding for the six months ended in Dec. 2024 was 2.49.

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

HKSE:01145' s Days Sales Outstanding Range Over the Past 10 Years
Min: 3.5   Med: 13.85   Max: 177.39
Current: 8.56

During the past 13 years, Courage Investment Group's highest Days Sales Outstanding was 177.39. The lowest was 3.50. And the median was 13.85.

HKSE:01145's Days Sales Outstanding is ranked better than
93.81% of 985 companies
in the Transportation industry
Industry Median: 44.97 vs HKSE:01145: 8.56

Courage Investment Group's Days Sales Outstanding declined from Dec. 2023 (11.88) to Dec. 2024 (2.49).


Courage Investment Group Days Sales Outstanding Historical Data

The historical data trend for Courage Investment 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.

* Premium members only.

Courage Investment Group Days Sales Outstanding Chart

Courage Investment Group 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 6.00 3.50 - 13.85 12.90

Courage Investment Group 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 5.07 12.13 11.88 6.82 2.49

Competitive Comparison of Courage Investment Group's Days Sales Outstanding

For the Marine Shipping subindustry, Courage Investment 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.


Courage Investment Group's Days Sales Outstanding Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Courage Investment Group's Days Sales Outstanding distribution charts can be found below:

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


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Courage Investment 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.

Courage Investment Group'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
=( (2.523 + 0) / 1 ) / 71.383*365
=2.523 / 71.383*365
=12.90

Courage Investment Group'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
=( (0.437 + 0) / 1 ) / 31.972*365 / 2
=0.437 / 31.972*365 / 2
=2.49

* 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.


Courage Investment Group  (HKSE:01145) Days Sales Outstanding Explanation

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


Courage Investment Group Days Sales Outstanding Related Terms

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Courage Investment Group Business Description

Traded in Other Exchanges
Address
23 Harbour Road, Rooms 1405-1412, 14th Floor, Sun Hung Kai Centre, Wanchai, Hong Kong, HKG
Courage Investment Group Ltd is an investment holding company. The company's reportable segments include Marine transportation, Merchandise trading, Property holding and investment, and Merchandise trading. It generates maximum revenue from the Marine transportation segment, which comprises mainly the vessel chartering business. Geographically, it derives a majority of its revenue from Hong Kong.
Executives
Liu Sainan 2201 Interest of corporation controlled by you
China Mark Limited 2101 Beneficial owner
Brilliant Epic Asia Limited 2201 Interest of corporation controlled by you
Success United Development Limited 2101 Beneficial owner
Suen Cho Hung, Paul 2201 Interest of corporation controlled by you

Courage Investment Group Headlines

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