Jiu Rong Holdings (HKSE:02358) Days Sales Outstanding : 202.72 (As of Jun. 2023)

View and export this data going back to 2004. Start your Free Trial

What is Jiu Rong Holdings Days Sales Outstanding?

Jiu Rong Holdings's average Accounts Receivable for the six months ended in Jun. 2023 was HK$392.5 Mil. Jiu Rong Holdings's Revenue for the six months ended in Jun. 2023 was HK$353.4 Mil. Hence, Jiu Rong Holdings's Days Sales Outstanding for the six months ended in Jun. 2023 was 202.72.

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

HKSE:02358' s Days Sales Outstanding Range Over the Past 10 Years
Min: 117.79 Med: 179.57 Max: 269.24
Current: 203.94

During the past 13 years, Jiu Rong Holdings's highest Days Sales Outstanding was 269.24. The lowest was 117.79. And the median was 179.57.

HKSE:02358's Days Sales Outstanding is ranked worse than
93.25% of 2459 companies
in the Hardware industry
Industry Median: 74.61 vs HKSE:02358: 203.94

Jiu Rong Holdings's Days Sales Outstanding declined from Jun. 2022 (232.35) to Jun. 2023 (202.72).

Jiu Rong Holdings Days Sales Outstanding Historical Data

The historical data trend for Jiu Rong 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.

Jiu Rong Holdings Days Sales Outstanding Chart

Jiu Rong Holdings Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Days Sales Outstanding

Get a 7-Day Free Trial

121.61

180.44

178.69

117.79

197.30

Jiu Rong Holdings Semi-Annual Data
	Dec13	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23
Days Sales Outstanding	Get a 7-Day Free Trial															91.93	367.85	232.35	202.12	202.72

Competitive Comparison of Jiu Rong Holdings's Days Sales Outstanding

For the Consumer Electronics subindustry, Jiu Rong 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.

Jiu Rong Holdings's Days Sales Outstanding Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Jiu Rong Holdings's Days Sales Outstanding distribution charts can be found below:

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

Jiu Rong 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.

Jiu Rong Holdings's Days Sales Outstanding for the fiscal year that ended in Dec. 2022 is calculated as

	Days Sales Outstanding (A: Dec. 2022 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Dec. 2021 )	+	Accounts Receivable (A: Dec. 2022 ))	/	count )	/	Revenue (A: Dec. 2022 )	*	Days in Period
=	( (477.215	+	428.649)	/	2 )	/	837.897	*	365
=	452.932					/	837.897	*	365
=	197.30

Jiu Rong Holdings's Days Sales Outstanding for the quarter that ended in Jun. 2023 is calculated as:

	Days Sales Outstanding (Q: Jun. 2023 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Dec. 2022 )	+	Accounts Receivable (A: Jun. 2023 ))	/	count )	/	Revenue (A: Jun. 2023 )	*	Days in Period
=	( (428.649	+	356.39)	/	2 )	/	353.372	*	365 / 2
=	392.5195					/	353.372	*	365 / 2
=	202.72

Jiu Rong Holdings (HKSE:02358) Days Sales Outstanding Explanation

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

Jiu Rong Holdings Days Sales Outstanding Related Terms

Thank you for viewing the detailed overview of Jiu Rong Holdings's Days Sales Outstanding provided by GuruFocus.com. Please click on the following links to see related term pages.

Jiu Rong Holdings (HKSE:02358) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Jiu Rong Holdings Ltd (HKSE:02358) » Definitions » Days Sales Outstanding

Traded in Other Exchanges

N/A

Address

1 Harbour Road, Flat 8, 49th Floor, Office Tower, Convention Plaza, Wanchai, Hong Kong, HKG

Website

http://www.jiurongkg.com

Jiu Rong Holdings Ltd is an investment holding company. Its Digital Video business segment, which is the key revenue driver, carries out the manufacturing and sales of digital television (TV), high definition liquid crystal display TV, and set-top boxes as well as provision of application of solutions regarding the integration of telecommunication, TV, and internet in the digital audiovisual industry. The other segments of the group are the New energy vehicles business; Cloud Ecological Big Data Business; Properties development, Properties investment and, General Trading. The group has a business presence in the PRC, Hong Kong, and Cuba, of which a majority of revenue is generated from the PRC.

Jiu Rong Holdings (HKSE:02358) Headlines

No Headlines