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Zhong Ao Home Group (HKSE:01538) Days Sales Outstanding : 120.07 (As of Dec. 2023)


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What is Zhong Ao Home Group Days Sales Outstanding?

Zhong Ao Home Group's average Accounts Receivable for the six months ended in Dec. 2023 was HK$614 Mil. Zhong Ao Home Group's Revenue for the six months ended in Dec. 2023 was HK$933 Mil. Hence, Zhong Ao Home Group's Days Sales Outstanding for the six months ended in Dec. 2023 was 120.07.

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

HKSE:01538' s Days Sales Outstanding Range Over the Past 10 Years
Min: 57.17   Med: 72.26   Max: 115.93
Current: 115.93

During the past 10 years, Zhong Ao Home Group's highest Days Sales Outstanding was 115.93. The lowest was 57.17. And the median was 72.26.

HKSE:01538's Days Sales Outstanding is ranked worse than
78.7% of 1662 companies
in the Real Estate industry
Industry Median: 36.44 vs HKSE:01538: 115.93

Zhong Ao Home Group's Days Sales Outstanding increased from Dec. 2022 (110.01) to Dec. 2023 (120.07).


Zhong Ao Home Group Days Sales Outstanding Historical Data

The historical data trend for Zhong Ao Home 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.

Zhong Ao Home Group Days Sales Outstanding Chart

Zhong Ao Home Group Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Sales Outstanding
Get a 7-Day Free Trial Premium Member Only Premium Member Only 65.39 71.45 75.28 101.44 111.54

Zhong Ao Home Group Semi-Annual Data
Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
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 97.66 107.59 110.01 116.21 120.07

Competitive Comparison of Zhong Ao Home Group's Days Sales Outstanding

For the Real Estate Services subindustry, Zhong Ao Home 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.


Zhong Ao Home Group's Days Sales Outstanding Distribution in the Real Estate Industry

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

* The bar in red indicates where Zhong Ao Home Group's Days Sales Outstanding falls into.



Zhong Ao Home 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.

Zhong Ao Home Group'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
=( (554.069 + 588.818) / 2 ) / 1869.97*365
=571.4435 / 1869.97*365
=111.54

Zhong Ao Home Group'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
=( (638.983 + 588.818) / 2 ) / 933.13*365 / 2
=613.9005 / 933.13*365 / 2
=120.07

* 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.


Zhong Ao Home Group  (HKSE:01538) Days Sales Outstanding Explanation

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


Zhong Ao Home Group Days Sales Outstanding Related Terms

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Zhong Ao Home Group (HKSE:01538) Business Description

Traded in Other Exchanges
N/A
Address
2 Baichen Lu, Chihua She Qu, 1601 Block 1, Pacific Dingwang Commercial Center, Chencun Town, Shunde District, Foshan, CHN
Zhong Ao Home Group Ltd is an investment holding company mainly engaged in the provision of property management services, sales assistance services, provision of cleaning and greening services, and provision of real estate agency services in the People's Republic of China. All of the activities are carried out across China which represents Southern Region, Eastern and Central Region, and the Northern Region. It generates a vast majority of its revenues from the property management business.
Executives
Liu Jian 2307 Founder of a discretionary trust who can infl
Hilton Assets (ptc) Limited 2301 Trustee
Qichang International Limited 2101 Beneficial owner
Greentown Service Group Co. Ltd. 2101 Beneficial owner

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