Nan Nan Resources Enterprise (HKSE:01229) Days Sales Outstanding : 13.70 (As of Sep. 2023)

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What is Nan Nan Resources Enterprise Days Sales Outstanding?

Nan Nan Resources Enterprise's average Accounts Receivable for the six months ended in Sep. 2023 was HK$4.1 Mil. Nan Nan Resources Enterprise's Revenue for the six months ended in Sep. 2023 was HK$54.1 Mil. Hence, Nan Nan Resources Enterprise's Days Sales Outstanding for the six months ended in Sep. 2023 was 13.70.

The historical rank and industry rank for Nan Nan Resources Enterprise's Days Sales Outstanding or its related term are showing as below:

HKSE:01229' s Days Sales Outstanding Range Over the Past 10 Years
Min: 0.22 Med: 11.74 Max: 62.56
Current: 9.82

During the past 13 years, Nan Nan Resources Enterprise's highest Days Sales Outstanding was 62.56. The lowest was 0.22. And the median was 11.74.

HKSE:01229's Days Sales Outstanding is ranked better than
90.24% of 123 companies
in the Other Energy Sources industry
Industry Median: 33.2 vs HKSE:01229: 9.82

Nan Nan Resources Enterprise's Days Sales Outstanding increased from Sep. 2022 (9.43) to Sep. 2023 (13.70).

Nan Nan Resources Enterprise Days Sales Outstanding Historical Data

The historical data trend for Nan Nan Resources Enterprise'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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Nan Nan Resources Enterprise Days Sales Outstanding Chart

Nan Nan Resources Enterprise Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Days Sales Outstanding

Get a 7-Day Free Trial

30.00

24.08

18.70

5.76

6.75

Nan Nan Resources Enterprise Semi-Annual Data
	Mar14	Sep14	Mar15	Sep15	Mar16	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
Days Sales Outstanding	Get a 7-Day Free Trial															6.88	4.48	9.43	7.62	13.70

Competitive Comparison of Nan Nan Resources Enterprise's Days Sales Outstanding

For the Thermal Coal subindustry, Nan Nan Resources Enterprise'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.

Nan Nan Resources Enterprise's Days Sales Outstanding Distribution in the Other Energy Sources Industry

For the Other Energy Sources industry and Energy sector, Nan Nan Resources Enterprise's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where Nan Nan Resources Enterprise's Days Sales Outstanding falls into.

Nan Nan Resources Enterprise 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.

Nan Nan Resources Enterprise's Days Sales Outstanding for the fiscal year that ended in Mar. 2023 is calculated as

	Days Sales Outstanding (A: Mar. 2023 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Mar. 2022 )	+	Accounts Receivable (A: Mar. 2023 ))	/	count )	/	Revenue (A: Mar. 2023 )	*	Days in Period
=	( (4.77	+	4.105)	/	2 )	/	239.886	*	365
=	4.4375					/	239.886	*	365
=	6.75

Nan Nan Resources Enterprise's Days Sales Outstanding for the quarter that ended in Sep. 2023 is calculated as:

	Days Sales Outstanding (Q: Sep. 2023 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Mar. 2023 )	+	Accounts Receivable (A: Sep. 2023 ))	/	count )	/	Revenue (A: Sep. 2023 )	*	Days in Period
=	( (4.105	+	4.016)	/	2 )	/	54.1	*	365 / 2
=	4.0605					/	54.1	*	365 / 2
=	13.70

Nan Nan Resources Enterprise (HKSE:01229) Days Sales Outstanding Explanation

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

Nan Nan Resources Enterprise Days Sales Outstanding Related Terms

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Nan Nan Resources Enterprise (HKSE:01229) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Other Energy Sources » Nan Nan Resources Enterprise Ltd (HKSE:01229) » Definitions » Days Sales Outstanding

Traded in Other Exchanges

N/A

Address

18 Harcourt Road, Admiralty Centre, 8th Floor, Tower 2, Admiralty, Hong Kong, HKG

Website

http://www.nannanlisted.com

Nan Nan Resources Enterprise Ltd is an investment holding company. The company's operating segment include Coal mining business, Renewable energy and IT Services business. The coal mining business segment is engaged in mining and sales of coal mine in the PRC. It generates maximum revenue from the Coal mining business segment. Geographically, it derives a majority of revenue from PRC and also has a presence in Malaysia.

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