LX Technology Group (HKSE:02436) Days Sales Outstanding : 22.68 (As of Dec. 2024)

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What is LX Technology Group Days Sales Outstanding?

LX Technology Group's average Accounts Receivable for the six months ended in Dec. 2024 was HK$190 Mil. LX Technology Group's Revenue for the six months ended in Dec. 2024 was HK$1,526 Mil. Hence, LX Technology Group's Days Sales Outstanding for the six months ended in Dec. 2024 was 22.68.

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

HKSE:02436' s Days Sales Outstanding Range Over the Past 10 Years
Min: 12.26 Med: 16.05 Max: 34.55
Current: 23.71

During the past 6 years, LX Technology Group's highest Days Sales Outstanding was 34.55. The lowest was 12.26. And the median was 16.05.

HKSE:02436's Days Sales Outstanding is ranked better than
95.87% of 2422 companies
in the Hardware industry
Industry Median: 75.03 vs HKSE:02436: 23.71

LX Technology Group's Days Sales Outstanding increased from Dec. 2023 (21.73) to Dec. 2024 (22.68).

LX Technology Group Days Sales Outstanding Historical Data

The historical data trend for LX Technology 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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LX Technology Group Days Sales Outstanding Chart

LX Technology Group Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Days Sales Outstanding

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14.56

12.26

13.54

17.53

28.02

LX Technology Group Semi-Annual Data
	Dec19	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24	Dec24
Days Sales Outstanding	Get a 7-Day Free Trial					14.20	21.24	21.73	19.99	22.68

Competitive Comparison of LX Technology Group's Days Sales Outstanding

For the Computer Hardware subindustry, LX Technology 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.

LX Technology Group's Days Sales Outstanding Distribution in the Hardware Industry

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

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

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LX Technology 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.

LX Technology Group's Days Sales Outstanding for the fiscal year that ended in Dec. 2024 is calculated as

	Days Sales Outstanding (A: Dec. 2024 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Dec. 2023 )	+	Accounts Receivable (A: Dec. 2024 ))	/	count )	/	Revenue (A: Dec. 2024 )	*	Days in Period
=	( (115.916	+	272.922)	/	2 )	/	2532.218	*	365
=	194.419					/	2532.218	*	365
=	28.02

LX Technology Group's Days Sales Outstanding for the quarter that ended in Dec. 2024 is calculated as:

	Days Sales Outstanding (Q: Dec. 2024 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Jun. 2024 )	+	Accounts Receivable (A: Dec. 2024 ))	/	count )	/	Revenue (A: Dec. 2024 )	*	Days in Period
=	( (106.359	+	272.922)	/	2 )	/	1525.833	*	365 / 2
=	189.6405					/	1525.833	*	365 / 2
=	22.68

LX Technology Group (HKSE:02436) Days Sales Outstanding Explanation

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

LX Technology Group Days Sales Outstanding Related Terms

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LX Technology Group Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » LX Technology Group Ltd (HKSE:02436) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

N/A

Address

10 Kaifeng Road, Meilin Street, 501, 5th Floor Cuilin Building, International financial technology city, Maling District, Futian District, Shenzhen, CHN

Website

https://www.bearrental.com

LX Technology Group Ltd is a device as a service provider in China. It is principally engaged in the sales of refurbished de-commissioned IT devices to, among others, resellers of IT devices, and the provision of the device and IT technical subscription services to SMEs in China. The segments of the company are the Device recycling business and Device subscription services, from which the company earns maximum revenue from the Device recycling business.

Executives

Hu Zuoxiong	2201 Interest of corporation controlled by you
Teeroy Limited	2301 Trustee
Hua Baocheng	2101 Beneficial owner
Beauty Bear Technology Limited	2101 Beneficial owner
Tricor Trust (hong Kong) Limited	2301 Trustee
Chen Wei	2201 Interest of corporation controlled by you
Zhong Xiao Qi Ye Fa Zhan Ji Jin Shen Zhen Nan Shan You Xian He Huo	2201 Interest of corporation controlled by you
Shen Zhen Shi Fu Hai Zhong Xiao Qi Ye Fa Zhan Ji Jin Gu Quan Tou Zi Guan Li You Xian Gong Si	2201 Interest of corporation controlled by you
Shang Hai Yu Jun Qi Ye Guan Li He Huo Qi Ye You Xian He Huo	2101 Beneficial owner
Shang Hai Tong Yun Xin Xi Ji Shu He Huo Qi Ye You Xian He Huo	2201 Interest of corporation controlled by you
Shen Zhen Shi Da Chen Cai Zhi Chuang Ye Tou Zi Guan Li You Xian Gong Si	2201 Interest of corporation controlled by you
Hu Nan Dian Guang Chuan Mei Gu Fen You Xian Gong Si	2201 Interest of corporation controlled by you
Shen Zhen Shi Dong Fang Fu Hai Tou Zi Guan Li Gu Fen You Xian Gong Si	2201 Interest of corporation controlled by you
Ubs Trustees (b.v.i.) Limited	2301 Trustee
Lx Brothers Technology Limited	2101 Beneficial owner

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