Wenling Zhejiang Measuring And Cutting Tools Trading Centre Co (HKSE:01379) Days Sales Outstanding : 2.60 (As of Dec. 2023)

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What is Wenling Zhejiang Measuring And Cutting Tools Trading Centre Co Days Sales Outstanding?

Wenling Zhejiang Measuring And Cutting Tools Trading Centre Co's average Accounts Receivable for the six months ended in Dec. 2023 was HK$0.5 Mil. Wenling Zhejiang Measuring And Cutting Tools Trading Centre Co's Revenue for the six months ended in Dec. 2023 was HK$38.0 Mil. Hence, Wenling Zhejiang Measuring And Cutting Tools Trading Centre Co's Days Sales Outstanding for the six months ended in Dec. 2023 was 2.60.

The historical rank and industry rank for Wenling Zhejiang Measuring And Cutting Tools Trading Centre Co's Days Sales Outstanding or its related term are showing as below:

HKSE:01379' s Days Sales Outstanding Range Over the Past 10 Years
Min: 1.86 Med: 1.86 Max: 1.86
Current: 1.86

During the past 9 years, Wenling Zhejiang Measuring And Cutting Tools Trading Centre Co's highest Days Sales Outstanding was 1.86. The lowest was 1.86. And the median was 1.86.

HKSE:01379's Days Sales Outstanding is ranked better than
93.16% of 1666 companies
in the Real Estate industry
Industry Median: 36.77 vs HKSE:01379: 1.86

Wenling Zhejiang Measuring And Cutting Tools Trading Centre Co's Days Sales Outstanding increased from Dec. 2022 (0.00) to Dec. 2023 (2.60).

Wenling Zhejiang Measuring And Cutting Tools Trading Centre Co Days Sales Outstanding Historical Data

The historical data trend for Wenling Zhejiang Measuring And Cutting Tools Trading Centre Co'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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Wenling Zhejiang Measuring And Cutting Tools Trading Centre Co Days Sales Outstanding Chart

Wenling Zhejiang Measuring And Cutting Tools Trading Centre Co Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

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1.86

Wenling Zhejiang Measuring And Cutting Tools Trading Centre Co Semi-Annual Data
	Dec15	Dec16	Dec17	Dec18	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Days Sales Outstanding	Get a 7-Day Free Trial								-	-	-	-	2.60

Competitive Comparison of Wenling Zhejiang Measuring And Cutting Tools Trading Centre Co's Days Sales Outstanding

For the Real Estate Services subindustry, Wenling Zhejiang Measuring And Cutting Tools Trading Centre Co'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.

Wenling Zhejiang Measuring And Cutting Tools Trading Centre Co's Days Sales Outstanding Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Wenling Zhejiang Measuring And Cutting Tools Trading Centre Co's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where Wenling Zhejiang Measuring And Cutting Tools Trading Centre Co's Days Sales Outstanding falls into.

Wenling Zhejiang Measuring And Cutting Tools Trading Centre Co 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.

Wenling Zhejiang Measuring And Cutting Tools Trading Centre Co's Days Sales Outstanding for the fiscal year that ended in Dec. 2023 is calculated as

	Days Sales Outstanding (A: Dec. 2023 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Dec. 2022 )	+	Accounts Receivable (A: Dec. 2023 ))	/	count )	/	Revenue (A: Dec. 2023 )	*	Days in Period
=	( (0	+	0.541)	/	1 )	/	105.88	*	365
=	0.541					/	105.88	*	365
=	1.86

Wenling Zhejiang Measuring And Cutting Tools Trading Centre Co's Days Sales Outstanding for the quarter that ended in Dec. 2023 is calculated as:

	Days Sales Outstanding (Q: Dec. 2023 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Jun. 2023 )	+	Accounts Receivable (A: Dec. 2023 ))	/	count )	/	Revenue (A: Dec. 2023 )	*	Days in Period
=	( (0	+	0.541)	/	1 )	/	37.985	*	365 / 2
=	0.541					/	37.985	*	365 / 2
=	2.60

Wenling Zhejiang Measuring And Cutting Tools Trading Centre Co (HKSE:01379) Days Sales Outstanding Explanation

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

Wenling Zhejiang Measuring And Cutting Tools Trading Centre Co Days Sales Outstanding Related Terms

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Wenling Zhejiang Measuring And Cutting Tools Trading Centre Co (HKSE:01379) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Wenling Zhejiang Measuring And Cutting Tools Trading Centre Co Ltd (HKSE:01379) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

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Address

Qianyangxia Village, Wenqiao Town, Zhejiang Province, Wenling, CHN

Website

https://www.cnglj.com

Wenling Zhejiang Measuring And Cutting Tools Trading Centre Co Ltd is engaged in an established measuring and cutting tools trading centre operator in China. The principal activity and source of revenue of the group were primarily derived from the property leasing business through the operation of the Trading Centre for the measuring and cutting tools industry. The group also engages in real estate investment, development and management business through its material subsidiary, Wenling Sunrise Real Estate Development Co., Ltd.

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