GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Noah Holdings Ltd (HKSE:06686) » Definitions » Days Sales Outstanding

Noah Holdings (HKSE:06686) Days Sales Outstanding : 58.72 (As of Sep. 2024)


View and export this data going back to 2022. Start your Free Trial

What is Noah Holdings Days Sales Outstanding?

Noah Holdings's average Accounts Receivable for the three months ended in Sep. 2024 was HK$484 Mil. Noah Holdings's Revenue for the three months ended in Sep. 2024 was HK$753 Mil. Hence, Noah Holdings's Days Sales Outstanding for the three months ended in Sep. 2024 was 58.72.

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

HKSE:06686' s Days Sales Outstanding Range Over the Past 10 Years
Min: 14.37   Med: 26.57   Max: 81.38
Current: 60.17

During the past 13 years, Noah Holdings's highest Days Sales Outstanding was 81.38. The lowest was 14.37. And the median was 26.57.

HKSE:06686's Days Sales Outstanding is ranked worse than
57.23% of 505 companies
in the Asset Management industry
Industry Median: 50.77 vs HKSE:06686: 60.17

Noah Holdings's Days Sales Outstanding declined from Sep. 2023 (60.28) to Sep. 2024 (58.72).


Noah Holdings Days Sales Outstanding Historical Data

The historical data trend for Noah 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.

Noah Holdings Days Sales Outstanding Chart

Noah Holdings Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Sales Outstanding
Get a 7-Day Free Trial Premium Member Only Premium Member Only 27.33 35.36 52.23 81.47 56.09

Noah Holdings Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
Days Sales Outstanding Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 60.28 53.69 66.21 64.34 58.72

Competitive Comparison of Noah Holdings's Days Sales Outstanding

For the Asset Management subindustry, Noah 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.


Noah Holdings's Days Sales Outstanding Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Noah Holdings's Days Sales Outstanding distribution charts can be found below:

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



Noah 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.

Noah 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
=( (556.242 + 551.24) / 2 ) / 3603.669*365
=553.741 / 3603.669*365
=56.09

Noah Holdings's Days Sales Outstanding for the quarter that ended in Sep. 2024 is calculated as:

Days Sales Outstanding (Q: Sep. 2024 )
=Average Accounts Receivable /Revenue*Days in Period
=( (Accounts Receivable (A: Jun. 2024 ) + Accounts Receivable (A: Sep. 2024 )) / count ) / Revenue (A: Sep. 2024 )*Days in Period
=( (462.286 + 506.565) / 2 ) / 752.77*365 / 4
=484.4255 / 752.77*365 / 4
=58.72

* 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.


Noah Holdings  (HKSE:06686) Days Sales Outstanding Explanation

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


Noah Holdings Days Sales Outstanding Related Terms

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


Noah Holdings Business Description

Traded in Other Exchanges
Address
No. 1226 South Shenbin Road, Noah Wealth Center, Minhang District, Shanghai, CHN, 201107
Noah Holdings Ltd is a wealth management service provider. It focuses on wealth investment and asset allocation services for high-net-worth individuals and enterprises in China. The company operates through three segments: wealth management, asset management, and other business. Its product offerings consisting of over-the-counter wealth management and OTC asset management products and mutual fund products. The portfolio of the group mostly includes fixed income products, private equity funds and securities investment funds. Majority of the firm revenue is generated through one-time commissions and recurring service fees paid by third-party product providers.
Executives
Ark Trust (singapore) Ltd. 2301 Trustee
Jing Investors Co., Ltd. 2101 Beneficial owner
Magic Beams Enterprises Ltd. 2201 Interest of corporation controlled by you
Wang Jingbo 2305 Beneficiary of a trust
Ark Trust (hong Kong) Limited 2301 Trustee
Rhythm Profit Investment Limited 2201 Interest of corporation controlled by you
Yin Investment Co., Ltd. 2101 Beneficial owner
Yin Zhe 2305 Beneficiary of a trust
Pandanus Partners L.p. 2201 Interest of corporation controlled by you
Pandanus Associates Inc. 2201 Interest of corporation controlled by you
Fil Limited 2201 Interest of corporation controlled by you
Ark Trust (singapore) Ltd 2301 Trustee
Jia Investment Co., Ltd. 2101 Beneficial owner
Chang Chia-yue 2201 Interest of corporation controlled by you
Ark Trust (hong Kong) Limited 2301 Trustee

Noah Holdings Headlines

No Headlines