Risecomm Group Holdings (HKSE:01679) Days Sales Outstanding : 203.24 (As of Dec. 2023)

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What is Risecomm Group Holdings Days Sales Outstanding?

Risecomm Group Holdings's average Accounts Receivable for the six months ended in Dec. 2023 was HK$72.8 Mil. Risecomm Group Holdings's Revenue for the six months ended in Dec. 2023 was HK$65.4 Mil. Hence, Risecomm Group Holdings's Days Sales Outstanding for the six months ended in Dec. 2023 was 203.24.

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

HKSE:01679' s Days Sales Outstanding Range Over the Past 10 Years
Min: 57.79 Med: 134.13 Max: 256.41
Current: 249.49

During the past 10 years, Risecomm Group Holdings's highest Days Sales Outstanding was 256.41. The lowest was 57.79. And the median was 134.13.

HKSE:01679's Days Sales Outstanding is ranked worse than
96.74% of 982 companies
in the Semiconductors industry
Industry Median: 62.495 vs HKSE:01679: 249.49

Risecomm Group Holdings's Days Sales Outstanding increased from Dec. 2022 (163.12) to Dec. 2023 (203.24).

Warning Sign:

If a company's sales outstanding increases, it means it has difficulty collecting payments from its customers.

Risecomm Group Holdings Days Sales Outstanding Historical Data

The historical data trend for Risecomm Group 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.

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Risecomm Group Holdings Days Sales Outstanding Chart

Risecomm Group Holdings Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

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256.41

146.00

119.21

186.66

227.01

Risecomm Group Holdings Semi-Annual Data
	Dec14	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													57.47	269.04	163.12	358.58	203.24

Competitive Comparison of Risecomm Group Holdings's Days Sales Outstanding

For the Semiconductors subindustry, Risecomm Group 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.

Risecomm Group Holdings's Days Sales Outstanding Distribution in the Semiconductors Industry

For the Semiconductors industry and Technology sector, Risecomm Group Holdings's Days Sales Outstanding distribution charts can be found below:

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

Risecomm Group 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.

Risecomm Group 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
=	( (67.188	+	61.884)	/	2 )	/	103.765	*	365
=	64.536					/	103.765	*	365
=	227.01

Risecomm Group 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
=	( (83.703	+	61.884)	/	2 )	/	65.366	*	365 / 2
=	72.7935					/	65.366	*	365 / 2
=	203.24

Risecomm Group Holdings (HKSE:01679) Days Sales Outstanding Explanation

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

Risecomm Group Holdings Days Sales Outstanding Related Terms

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Risecomm Group Holdings (HKSE:01679) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » Risecomm Group Holdings Ltd (HKSE:01679) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

N/A

Address

Xili Street, 41st Floor, Block A, Building 8, Shenzhen International Innovation Valley, Nanshan Distric, Shenzhen, CHN, 518055

Website

https://www.risecomm.com.cn

Risecomm Group Holdings Ltd is an investment holding company. It operates in two business segments namely, Automated Meter Reading (AMR) and other includes design, development, and sale of power line communication products and energy-saving and environmental protection products and solutions used in streetlight control, building energy management, photovoltaic power management, and providing maintenance services in connections with the deployment and upgrading of AMR systems in PRC; and Smart manufacturing & industrial automation (SMIA) business segment includes the sales of the software license, safety products as well as the provision of software post-contract customers support services. It generates revenue from AMR business. Geographically, it derives revenue from the PRC.

Executives

Fu Xiaoqin	2101 Beneficial owner
Xindaxin Group Company Limited	2101 Beneficial owner
Silver Castle International Limited	2201 Interest of corporation controlled by you
Yan Andrew Y	2201 Interest of corporation controlled by you
Wu Yueshi	2201 Interest of corporation controlled by you
Sb Asia Investment Fund Ii L.p.	2101 Beneficial owner
Saif Partners Ii Lp	2201 Interest of corporation controlled by you
Saif Ii Gp Lp	2201 Interest of corporation controlled by you
Saif Ii Gp Capital Ltd.	2201 Interest of corporation controlled by you
Cisco Systems, Inc.	2201 Interest of corporation controlled by you
Liu Bei Bei	2101 Beneficial owner
Yu Lu	2101 Beneficial owner
Ding Zhigang	2101 Beneficial owner
Ning Jun	2101 Beneficial owner
Spitzer Fund Vi L.p.

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