Redsun Services Group (HKSE:01971) Days Sales Outstanding : 202.38 (As of Jun. 2024)

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What is Redsun Services Group Days Sales Outstanding?

Redsun Services Group's average Accounts Receivable for the six months ended in Jun. 2024 was HK$556 Mil. Redsun Services Group's Revenue for the six months ended in Jun. 2024 was HK$501 Mil. Hence, Redsun Services Group's Days Sales Outstanding for the six months ended in Jun. 2024 was 202.38.

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

HKSE:01971' s Days Sales Outstanding Range Over the Past 10 Years
Min: 9.86 Med: 22.86 Max: 228.43
Current: 228.43

During the past 7 years, Redsun Services Group's highest Days Sales Outstanding was 228.43. The lowest was 9.86. And the median was 22.86.

HKSE:01971's Days Sales Outstanding is ranked worse than
89.81% of 1659 companies
in the Real Estate industry
Industry Median: 36.79 vs HKSE:01971: 228.43

Redsun Services Group's Days Sales Outstanding increased from Jun. 2023 (170.40) to Jun. 2024 (202.38).

Redsun Services Group Days Sales Outstanding Historical Data

The historical data trend for Redsun Services 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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Redsun Services Group Days Sales Outstanding Chart

Redsun Services Group Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

Get a 7-Day Free Trial

12.42

22.86

31.02

53.77

77.15

Redsun Services Group Semi-Annual Data
	Dec17	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24
Days Sales Outstanding	Get a 7-Day Free Trial								77.42	91.42	170.40	188.66	202.38

Competitive Comparison of Redsun Services Group's Days Sales Outstanding

For the Real Estate Services subindustry, Redsun Services 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.

Redsun Services Group's Days Sales Outstanding Distribution in the Real Estate Industry

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

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

Redsun Services 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.

Redsun Services 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
=	( (213.304	+	278.518)	/	2 )	/	1163.38	*	365
=	245.911					/	1163.38	*	365
=	77.15

Redsun Services 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
=	( (278.518	+	832.507)	/	2 )	/	500.95	*	365 / 2
=	555.5125					/	500.95	*	365 / 2
=	202.38

Redsun Services Group (HKSE:01971) Days Sales Outstanding Explanation

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

Redsun Services Group Days Sales Outstanding Related Terms

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Redsun Services Group Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Redsun Services Group Ltd (HKSE:01971) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 9 Daqiao North Road, 25th Floor, Hong Yang Building, Jiangsu Province, Nanjing, CHN

Website

http://www.rsunservice.hk

Redsun Services Group Ltd is a community service provider in Jiangsu province, China, with balanced property management abilities in the management of residential and commercial properties. The company provides property owners, commercial, residents and tenants with a wide range of property management services, including, among others, security, cleaning, greening and gardening, facility management, and repairs and maintenance services. It also provides Value-added services to non-property owners; and Community value-added services. It derives revenue from the provision of property management services, value-added services to non-property owners and community value-added services in Mainland China.

Executives

Hong Yang Group (holdings) Limited	2201 Interest of corporation controlled by you
Hong Yang Group Company Limited	2201 Interest of corporation controlled by you
Hong Yang International Limited	2201 Interest of corporation controlled by you
Redsun Services Group (holdings) Limited	2101 Beneficial owner
Chen Sihong	2202 Interest of your spouse
Zeng Huansha	2201 Interest of corporation controlled by you

Redsun Services Group Headlines

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