JY Grandmark Holdings (HKSE:02231) Days Sales Outstanding : 1,255.25 (As of Dec. 2023)

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What is JY Grandmark Holdings Days Sales Outstanding?

JY Grandmark Holdings's average Accounts Receivable for the six months ended in Dec. 2023 was HK$1,411.5 Mil. JY Grandmark Holdings's Revenue for the six months ended in Dec. 2023 was HK$205.2 Mil. Hence, JY Grandmark Holdings's Days Sales Outstanding for the six months ended in Dec. 2023 was 1,255.25.

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

HKSE:02231' s Days Sales Outstanding Range Over the Past 10 Years
Min: 53.44 Med: 143.43 Max: 1033.4
Current: 970

During the past 8 years, JY Grandmark Holdings's highest Days Sales Outstanding was 1033.40. The lowest was 53.44. And the median was 143.43.

HKSE:02231's Days Sales Outstanding is ranked worse than
97.78% of 1667 companies
in the Real Estate industry
Industry Median: 36.42 vs HKSE:02231: 970.00

JY Grandmark Holdings's Days Sales Outstanding declined from Dec. 2022 (1,287.42) to Dec. 2023 (1,255.25).

Warning Sign:

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

JY Grandmark Holdings Days Sales Outstanding Historical Data

The historical data trend for JY Grandmark 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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JY Grandmark Holdings Days Sales Outstanding Chart

JY Grandmark Holdings Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

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53.44

177.48

274.45

1,033.40

958.25

JY Grandmark Holdings Semi-Annual Data
	Dec16	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Days Sales Outstanding	Get a 7-Day Free Trial									226.38	800.46	1,287.42	815.01	1,255.25

Competitive Comparison of JY Grandmark Holdings's Days Sales Outstanding

For the Real Estate - Development subindustry, JY Grandmark 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.

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

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

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

JY Grandmark 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.

JY Grandmark 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
=	( (1654.55	+	1294.316)	/	2 )	/	561.614	*	365
=	1474.433					/	561.614	*	365
=	958.25

JY Grandmark 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
=	( (1528.666	+	1294.316)	/	2 )	/	205.216	*	365 / 2
=	1411.491					/	205.216	*	365 / 2
=	1,255.25

JY Grandmark Holdings (HKSE:02231) Days Sales Outstanding Explanation

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

JY Grandmark Holdings Days Sales Outstanding Related Terms

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JY Grandmark Holdings (HKSE:02231) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » JY Grandmark Holdings Ltd (HKSE:02231) » Definitions » Days Sales Outstanding

Traded in Other Exchanges

N/A

Address

No. 106, Fengze East Road, JY Grandmark Building, Nansha District, Guangdong Province, Guangzhou, CHN

Website

http://www.jygrandmark.com

JY Grandmark Holdings Ltd is a provider of property developers, operators, and property management services. The company offers residential properties to its customers in Guangdong and Hainan provinces of China. It has landed in Guangdong, Hainan, Yunnan, and Hunan provinces for further development. The Group is organized into four business segments: Property development and sales, Commercial property investment, Hotel operations, and Property management. The Property development and sales segment act as a key revenue driver for the firm.

Executives

Iq Eq (bvi) Limited	2301 Trustee
Sze Ming Limited	2101 Beneficial owner
Chan Sze Ming Michael	2307 Founder of a discretionary trust who can infl
Shum Wing Yin	2202 Interest of your spouse

JY Grandmark Holdings (HKSE:02231) Headlines

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