Weiye Holdings (HKSE:01570) Days Sales Outstanding : 285.59 (As of Dec. 2023)

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What is Weiye Holdings Days Sales Outstanding?

Weiye Holdings's average Accounts Receivable for the six months ended in Dec. 2023 was HK$445 Mil. Weiye Holdings's Revenue for the six months ended in Dec. 2023 was HK$285 Mil. Hence, Weiye Holdings's Days Sales Outstanding for the six months ended in Dec. 2023 was 285.59.

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

HKSE:01570' s Days Sales Outstanding Range Over the Past 10 Years
Min: 5.82 Med: 16.4 Max: 356.6
Current: 66.44

During the past 13 years, Weiye Holdings's highest Days Sales Outstanding was 356.60. The lowest was 5.82. And the median was 16.40.

HKSE:01570's Days Sales Outstanding is not ranked
in the Real Estate industry.
Industry Median: 36.46 vs HKSE:01570: 66.44

Weiye Holdings's Days Sales Outstanding declined from Dec. 2022 (290.66) to Dec. 2023 (285.59).

Weiye Holdings Days Sales Outstanding Historical Data

The historical data trend for Weiye Holdings'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.

Weiye Holdings Days Sales Outstanding Chart

Weiye Holdings Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

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14.32

5.82

20.67

16.32

12.17

Weiye Holdings Semi-Annual Data
	Jun14	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															116.07	49.47	290.66	56.61	285.59

Competitive Comparison of Weiye Holdings's Days Sales Outstanding

For the Real Estate - Development subindustry, Weiye Holdings'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.

Weiye Holdings's Days Sales Outstanding Distribution in the Real Estate Industry

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

* The bar in red indicates where Weiye Holdings's Days Sales Outstanding falls into.

Weiye Holdings 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.

Weiye Holdings'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
=	( (72.069	+	45.483)	/	2 )	/	1763.433	*	365
=	58.776					/	1763.433	*	365
=	12.17

Weiye Holdings'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
=	( (845.367	+	45.483)	/	2 )	/	284.64	*	365 / 2
=	445.425					/	284.64	*	365 / 2
=	285.59

Weiye Holdings (HKSE:01570) Days Sales Outstanding Explanation

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

Weiye Holdings Days Sales Outstanding Related Terms

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Weiye Holdings (HKSE:01570) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Weiye Holdings Ltd (HKSE:01570) » Definitions » Days Sales Outstanding

Traded in Other Exchanges

N/A

Address

Zhengkai Avenue, 19th Floor, Building A, Intersection of Yanqqiao Road, Henan Province, Zhengzhou, CHN

Website

http://www.weiyeholdings.com

Weiye Holdings Ltd is an investment holding company. The company operates in two segments: Property development and Equipment manufacturing. The majority of its revenue comes from the Property development segment, which includes the development and sales of both commercial and residential property units, construction of resettlement houses in the PRC, and the leasing of investment properties to generate rental income and derive capital gains from the investment properties in the long term. The company's geographical segments are China, Singapore, and Others, of which nearly all of its revenue comes from China.

Executives

Ca Indosuez (switzerland) Sa, Singapore Branch	2302 Custodian
Fine Skill Holdings Limited	2101 Beneficial owner
Zhang Wei	2101 Beneficial owner
Chen Zhi Yong

Weiye Holdings (HKSE:01570) Headlines

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