China 21st Century Education Group (HKSE:01598) Days Sales Outstanding : 16.12 (As of Jun. 2024)

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What is China 21st Century Education Group Days Sales Outstanding?

China 21st Century Education Group's average Accounts Receivable for the six months ended in Jun. 2024 was HK$23.0 Mil. China 21st Century Education Group's Revenue for the six months ended in Jun. 2024 was HK$259.8 Mil. Hence, China 21st Century Education Group's Days Sales Outstanding for the six months ended in Jun. 2024 was 16.12.

The historical rank and industry rank for China 21st Century Education Group's Days Sales Outstanding or its related term are showing as below:

HKSE:01598' s Days Sales Outstanding Range Over the Past 10 Years
Min: 1.89 Med: 3.59 Max: 14.74
Current: 14.27

During the past 9 years, China 21st Century Education Group's highest Days Sales Outstanding was 14.74. The lowest was 1.89. And the median was 3.59.

HKSE:01598's Days Sales Outstanding is ranked better than
64.52% of 248 companies
in the Education industry
Industry Median: 26.8 vs HKSE:01598: 14.27

China 21st Century Education Group's Days Sales Outstanding increased from Jun. 2023 (11.61) to Jun. 2024 (16.12).

China 21st Century Education Group Days Sales Outstanding Historical Data

The historical data trend for China 21st Century Education 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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China 21st Century Education Group Days Sales Outstanding Chart

China 21st Century Education Group Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

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3.59

5.85

9.71

13.84

14.74

China 21st Century Education Group Semi-Annual Data
	Dec15	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24
Days Sales Outstanding	Get a 7-Day Free Trial												17.33	15.51	11.61	13.90	16.12

Competitive Comparison of China 21st Century Education Group's Days Sales Outstanding

For the Education & Training Services subindustry, China 21st Century Education 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.

China 21st Century Education Group's Days Sales Outstanding Distribution in the Education Industry

For the Education industry and Consumer Defensive sector, China 21st Century Education Group's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where China 21st Century Education Group's Days Sales Outstanding falls into.

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China 21st Century Education 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.

China 21st Century Education 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
=	( (12.943	+	24.171)	/	2 )	/	459.418	*	365
=	18.557					/	459.418	*	365
=	14.74

China 21st Century Education Group's Days Sales Outstanding for the quarter that ended in Jun. 2024 is calculated as:

	Days Sales Outstanding (Q: Jun. 2024 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Dec. 2023 )	+	Accounts Receivable (A: Jun. 2024 ))	/	count )	/	Revenue (A: Jun. 2024 )	*	Days in Period
=	( (24.171	+	21.738)	/	2 )	/	259.796	*	365 / 2
=	22.9545					/	259.796	*	365 / 2
=	16.12

China 21st Century Education Group (HKSE:01598) Days Sales Outstanding Explanation

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

China 21st Century Education Group Days Sales Outstanding Related Terms

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China 21st Century Education Group Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Education » China 21st Century Education Group Ltd (HKSE:01598) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

N/A

Address

Zhonghai Plaza, 15th Floor, South Tower, 8 Guanghua Dongli, Chaoyang District, Beijing, CHN, 050000

Website

https://www.21centuryedu.com

China 21st Century Education Group Ltd is a large well-established private education service provider based in the Beijing-Tianjin-Hebei region. It provides clients with customized services and solutions based on individual demand, including the preschool students in its kindergartens, the high school students in its high schools as well as the junior college, technical secondary school and continuing education students enrolled in its colleges. The group operated within one geographical segment because all of its revenue was generated in Mainland China.

Executives

Li Yasheng	2305 Beneficiary of a trust
Auri Holdings Inc.	2201 Interest of corporation controlled by you
Zenarah Anstalt	2201 Interest of corporation controlled by you
Li Yunong	2305 Beneficiary of a trust
Li Yu Nong	2101 Beneficial owner
Cao Yang	2202 Interest of your spouse
Hsbc International Trustee Limited	2301 Trustee
Leonus Holdings Limited	2201 Interest of corporation controlled by you
Sainange Holdings Company Limited	2101 Beneficial owner
Sainray Limited
Cao Ji De
Luo Xin Lan

China 21st Century Education Group Headlines

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