Bairong (HKSE:06608) Days Sales Outstanding : 65.64 (As of Dec. 2023)

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What is Bairong Days Sales Outstanding?

Bairong's average Accounts Receivable for the six months ended in Dec. 2023 was HK$566 Mil. Bairong's Revenue for the six months ended in Dec. 2023 was HK$1,573 Mil. Hence, Bairong's Days Sales Outstanding for the six months ended in Dec. 2023 was 65.64.

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

HKSE:06608' s Days Sales Outstanding Range Over the Past 10 Years
Min: 47.75 Med: 56.54 Max: 80.94
Current: 63.7

During the past 7 years, Bairong's highest Days Sales Outstanding was 80.94. The lowest was 47.75. And the median was 56.54.

HKSE:06608's Days Sales Outstanding is ranked worse than
52.04% of 2725 companies
in the Software industry
Industry Median: 61.83 vs HKSE:06608: 63.70

Bairong's Days Sales Outstanding increased from Dec. 2022 (56.79) to Dec. 2023 (65.64).

Bairong Days Sales Outstanding Historical Data

The historical data trend for Bairong'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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Bairong Days Sales Outstanding Chart

Bairong Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

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50.83

58.43

47.75

56.54

60.48

Bairong Semi-Annual Data
	Dec17	Dec18	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Days Sales Outstanding	Get a 7-Day Free Trial						55.75	55.48	56.79	64.91	65.64

Competitive Comparison of Bairong's Days Sales Outstanding

For the Software - Infrastructure subindustry, Bairong'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.

Bairong's Days Sales Outstanding Distribution in the Software Industry

For the Software industry and Technology sector, Bairong's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where Bairong's Days Sales Outstanding falls into.

Bairong 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.

Bairong'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
=	( (403.874	+	567.941)	/	2 )	/	2932.328	*	365
=	485.9075					/	2932.328	*	365
=	60.48

Bairong'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
=	( (563.336	+	567.941)	/	2 )	/	1572.726	*	365 / 2
=	565.6385					/	1572.726	*	365 / 2
=	65.64

Bairong (HKSE:06608) Days Sales Outstanding Explanation

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

Bairong Days Sales Outstanding Related Terms

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

Bairong (HKSE:06608) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Bairong Inc (HKSE:06608) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

6B5:Germany

Address

No.10 Furong Street, 1-3/F, Tower A, Chaoyang District, Beijing, CHN

Website

https://www.brgroup.com

Bairong Inc is an independent AI-powered technology platform in China serving the financial services industry. It is driven by science and technology, and continuously explores the scenarios and applications of cutting-edge technologies such as artificial intelligence, cloud computing, and blockchain in the financial field, empowering financial institutions to innovate and transform digitally, and help financial inclusion.

Executives

Hong Jing	2201 Interest of corporation controlled by you
Zhang Shaofeng	2101 Beneficial owner
Genisage Tech Inc.	2101 Beneficial owner
Genisage Holdings Limited	2201 Interest of corporation controlled by you
Tmf (cayman) Ltd.	2301 Trustee
Zhuhai Gaoling Tiancheng Investment Management Co., Ltd.	2201 Interest of corporation controlled by you
Tianjin Gltc Enterprise Management Consultation, L.p.	2201 Interest of corporation controlled by you
Hh Br-i Holdings Limited	2101 Beneficial owner
China International Capital Corporation Limited	2201 Interest of corporation controlled by you
Shanghai Zhexuan Investment Partnership (l.p.)	2201 Interest of corporation controlled by you
Beijing Sequoia Xinyuan Equity Investment Partnership (l.p.)	2201 Interest of corporation controlled by you
Max Elegant Limited	2101 Beneficial owner
Sequoia Capital Equity Investment Management (tianjin) Limited	2201 Interest of corporation controlled by you
Tianjin Sequoia Huanrong Enterprise Management Consulting Center L.p.	2201 Interest of corporation controlled by you
Zhou Kui	2201 Interest of corporation controlled by you

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