Magnus Concordia Group (HKSE:01172) Days Sales Outstanding : 88.81 (As of Mar. 2024)

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What is Magnus Concordia Group Days Sales Outstanding?

Magnus Concordia Group's average Accounts Receivable for the six months ended in Mar. 2024 was HK$46.2 Mil. Magnus Concordia Group's Revenue for the six months ended in Mar. 2024 was HK$95.0 Mil. Hence, Magnus Concordia Group's Days Sales Outstanding for the six months ended in Mar. 2024 was 88.81.

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

HKSE:01172' s Days Sales Outstanding Range Over the Past 10 Years
Min: 8.68 Med: 66.94 Max: 94.46
Current: 86.08

During the past 13 years, Magnus Concordia Group's highest Days Sales Outstanding was 94.46. The lowest was 8.68. And the median was 66.94.

HKSE:01172's Days Sales Outstanding is ranked worse than
71.79% of 1659 companies
in the Real Estate industry
Industry Median: 36.79 vs HKSE:01172: 86.08

Magnus Concordia Group's Days Sales Outstanding increased from Mar. 2023 (37.94) to Mar. 2024 (88.81).

Magnus Concordia Group Days Sales Outstanding Historical Data

The historical data trend for Magnus Concordia 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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Magnus Concordia Group Days Sales Outstanding Chart

Magnus Concordia Group Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Days Sales Outstanding

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63.80

8.68

12.08

41.59

50.33

Magnus Concordia Group Semi-Annual Data
	Mar15	Sep15	Mar16	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23	Mar24	Sep24
Days Sales Outstanding	Get a 7-Day Free Trial															79.23	37.94	52.65	88.81	71.44

Competitive Comparison of Magnus Concordia Group's Days Sales Outstanding

For the Real Estate - Development subindustry, Magnus Concordia 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.

Magnus Concordia Group's Days Sales Outstanding Distribution in the Real Estate Industry

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

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

Magnus Concordia 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.

Magnus Concordia Group's Days Sales Outstanding for the fiscal year that ended in Mar. 2024 is calculated as

	Days Sales Outstanding (A: Mar. 2024 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Mar. 2023 )	+	Accounts Receivable (A: Mar. 2024 ))	/	count )	/	Revenue (A: Mar. 2024 )	*	Days in Period
=	( (41.897	+	32.848)	/	2 )	/	271.012	*	365
=	37.3725					/	271.012	*	365
=	50.33

Magnus Concordia Group's Days Sales Outstanding for the quarter that ended in Mar. 2024 is calculated as:

	Days Sales Outstanding (Q: Mar. 2024 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Sep. 2023 )	+	Accounts Receivable (A: Mar. 2024 ))	/	count )	/	Revenue (A: Mar. 2024 )	*	Days in Period
=	( (59.641	+	32.848)	/	2 )	/	95.031	*	365 / 2
=	46.2445					/	95.031	*	365 / 2
=	88.81

Magnus Concordia Group (HKSE:01172) Days Sales Outstanding Explanation

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

Magnus Concordia Group Days Sales Outstanding Related Terms

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Magnus Concordia Group Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Magnus Concordia Group Ltd (HKSE:01172) » Definitions » Days Sales Outstanding

Traded in Other Exchanges

N/A

Address

139 Hennessy Road, Units D & E, 20 Floor, China Overseas Building, Wanchai, Hong Kong, HKG

Website

https://www.mcgrouphk.com

Magnus Concordia Group Ltd is an investment holding company. The company's business divisions are Printing business, Property investment, Property Development, Treasury, Others, and corporate where the printing business division includes the manufacture and sale of printed products including art books, packaging boxes, and children's books. property investment segment covers the investment and leasing of real estate properties, the Property development segment covers the development, sale, and trading of real estate properties, and the Treasury business involves the investment and trading of debts, equity, and other treasury instruments. The company earns its maximum revenue from property development and has a presence in Hong Kong, the United States, the UK, France, Mainland China.

Executives

Sfund International Investment Fund Management Limited	2201 Interest of corporation controlled by you
Guang Zhou Ke Ji Jin Rong Chuang Xin Tou Zi Kong Gu You Xian Gong Si	2201 Interest of corporation controlled by you
Guang Zhou Chan Ye Tou Zi Ji Jin Guan Li You Xian Gong Si	2201 Interest of corporation controlled by you
Guang Zhou Hui Yin Tian Yue Gu Quan Tou Zi Ji Jin Guan Li You Xian Gong Si	2201 Interest of corporation controlled by you
Guang Zhou Shi Cheng Shi Jian She Tou Zi Ji Tuan You Xian Gong Si	2201 Interest of corporation controlled by you
Zhang Jing	2201 Interest of corporation controlled by you
Zeng Dazhang	2201 Interest of corporation controlled by you
Xinsheng International Holding Limited	2201 Interest of corporation controlled by you
Wang Xiqiang	2201 Interest of corporation controlled by you
Shining Orient Investment Limited	2201 Interest of corporation controlled by you
Ally Cosmo Group Limited	2201 Interest of corporation controlled by you
Qingda Developments Limited	2101 Beneficial owner
Pioneer Fund Limited Partnership	2201 Interest of corporation controlled by you
New Element Investments Limited	2201 Interest of corporation controlled by you
Li Li	2201 Interest of corporation controlled by you

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