KangLi International Holdings (HKSE:06890) Days Sales Outstanding : 39.07 (As of Jun. 2024)

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What is KangLi International Holdings Days Sales Outstanding?

KangLi International Holdings's average Accounts Receivable for the six months ended in Jun. 2024 was HK$232 Mil. KangLi International Holdings's Revenue for the six months ended in Jun. 2024 was HK$1,082 Mil. Hence, KangLi International Holdings's Days Sales Outstanding for the six months ended in Jun. 2024 was 39.07.

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

HKSE:06890' s Days Sales Outstanding Range Over the Past 10 Years
Min: 27.16 Med: 34.74 Max: 41.02
Current: 33.9

During the past 9 years, KangLi International Holdings's highest Days Sales Outstanding was 41.02. The lowest was 27.16. And the median was 34.74.

HKSE:06890's Days Sales Outstanding is ranked better than
68.41% of 611 companies
in the Steel industry
Industry Median: 49.65 vs HKSE:06890: 33.90

KangLi International Holdings's Days Sales Outstanding increased from Jun. 2023 (33.48) to Jun. 2024 (39.07).

KangLi International Holdings Days Sales Outstanding Historical Data

The historical data trend for KangLi International 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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KangLi International Holdings Days Sales Outstanding Chart

KangLi International Holdings Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

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39.18

36.73

30.53

41.02

34.18

KangLi International Holdings Semi-Annual Data
	Dec15	Dec16	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24
Days Sales Outstanding	Get a 7-Day Free Trial											41.24	40.30	33.48	30.70	39.07

Competitive Comparison of KangLi International Holdings's Days Sales Outstanding

For the Steel subindustry, KangLi International 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.

KangLi International Holdings's Days Sales Outstanding Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, KangLi International Holdings's Days Sales Outstanding distribution charts can be found below:

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

KangLi International 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.

KangLi International 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
=	( (164.13	+	230.909)	/	2 )	/	2109.243	*	365
=	197.5195					/	2109.243	*	365
=	34.18

KangLi International Holdings's Days Sales Outstanding for the quarter that ended in Jun. 2024 is calculated as:

	Days Sales Outstanding (Q: Jun. 2024 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Dec. 2023 )	+	Accounts Receivable (A: Jun. 2024 ))	/	count )	/	Revenue (A: Jun. 2024 )	*	Days in Period
=	( (230.909	+	232.506)	/	2 )	/	1082.435	*	365 / 2
=	231.7075					/	1082.435	*	365 / 2
=	39.07

KangLi International Holdings (HKSE:06890) Days Sales Outstanding Explanation

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

KangLi International Holdings Days Sales Outstanding Related Terms

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KangLi International Holdings Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » KangLi International Holdings Ltd (HKSE:06890) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

N/A

Address

Hengshanqiao Town, Wujin District, Wuyi County, Jiangsu Province, Changzhou, CHN

Website

http://www.jnpmm.com

KangLi International Holdings Ltd is engaged in the production and sales of unpainted and painted galvanized steel products to midstream steel product processors, and cold-rolled steel products to home appliance manufacturers. The company has three operating segments; the Hard steel coil segment includes the manufacture and sale of cold-rolled hard steel coil, the Unpainted galvanized steel products segment includes the manufacture and sale of hot-dipped galvanized/zinc-coated steel coil and sheet; the Painted galvanized steel products segment includes the manufacture and sale of hot-dipped color coated galvanized steel coil and sheet and the Property management services. It derives a majority of its revenue from the People's Republic of China.

Executives

Liu Ping	2202 Interest of your spouse
Mei Zefeng	2201 Interest of corporation controlled by you
Newrich Limited	2101 Beneficial owner
Star Century Corporate Limited	2101 Beneficial owner
Chang Zhou Dong Fang Xin Cheng Jian She You Xian Gong Si	2201 Interest of corporation controlled by you
Chang Zhou Dong Fang Shui Wu Tou Zi Fa Zhan You Xian Gong Si	2201 Interest of corporation controlled by you
Jiang Su Chang Zhou Jing Ji Kai Fa Qu Guan Li Wei Yuan Hui	2201 Interest of corporation controlled by you
Xiang Gang Dong Fang Kong Gu Shi Ye You Xian Gong Si	2101 Beneficial owner

KangLi International Holdings Headlines

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