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Sunkwan Properties Group (HKSE:06900) Days Sales Outstanding : 8.24 (As of Jun. 2023)


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What is Sunkwan Properties Group Days Sales Outstanding?

Sunkwan Properties Group's average Accounts Receivable for the six months ended in Jun. 2023 was HK$45 Mil. Sunkwan Properties Group's Revenue for the six months ended in Jun. 2023 was HK$998 Mil. Hence, Sunkwan Properties Group's Days Sales Outstanding for the six months ended in Jun. 2023 was 8.24.

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

HKSE:06900' s Days Sales Outstanding Range Over the Past 10 Years
Min: 1.07   Med: 1.7   Max: 5.72
Current: 3.74

During the past 6 years, Sunkwan Properties Group's highest Days Sales Outstanding was 5.72. The lowest was 1.07. And the median was 1.70.

HKSE:06900's Days Sales Outstanding is ranked better than
88.56% of 1670 companies
in the Real Estate industry
Industry Median: 36.87 vs HKSE:06900: 3.74

Sunkwan Properties Group's Days Sales Outstanding declined from Jun. 2022 (20.81) to Jun. 2023 (8.24).


Sunkwan Properties Group Days Sales Outstanding Historical Data

The historical data trend for Sunkwan Properties 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.

* Premium members only.

Sunkwan Properties Group Days Sales Outstanding Chart

Sunkwan Properties Group Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Days Sales Outstanding
Get a 7-Day Free Trial 1.29 1.84 1.55 1.07 3.60

Sunkwan Properties Group Semi-Annual Data
Dec17 Dec18 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23
Days Sales Outstanding Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.07 0.66 20.81 2.17 8.24

Competitive Comparison of Sunkwan Properties Group's Days Sales Outstanding

For the Real Estate - Development subindustry, Sunkwan Properties 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.


Sunkwan Properties Group's Days Sales Outstanding Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Sunkwan Properties Group's Days Sales Outstanding distribution charts can be found below:

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



Sunkwan Properties 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.

Sunkwan Properties Group'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
=( (29.239 + 37.556) / 2 ) / 3388.253*365
=33.3975 / 3388.253*365
=3.60

Sunkwan Properties Group'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
=( (37.556 + 52.559) / 2 ) / 998.033*365 / 2
=45.0575 / 998.033*365 / 2
=8.24

* 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.


Sunkwan Properties Group  (HKSE:06900) Days Sales Outstanding Explanation

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


Sunkwan Properties Group Days Sales Outstanding Related Terms

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Sunkwan Properties Group (HKSE:06900) Business Description

Traded in Other Exchanges
N/A
Address
No.77, Sunkwan Road, Building T1, Sunkwan Cente, Minhang District, Shanghai, CHN
Sunkwan Properties Group Ltd is engaged in the residential property development and sales. It focuses on the Yangtze River Delta Economic Zone and expanding to the Pearl River Delta Economic Zone and the Mid-China Core Economic Region.
Executives
Chen Peng 2202 Interest of your spouse
Fulva Holding Limited 2201 Interest of corporation controlled by you
Northern American Trust Company, Llc 2301 Trustee
Yongheng Holdings Limited 2101 Beneficial owner
Zhu Jing 2307 Founder of a discretionary trust who can infl
Ginkgo Gofar Holdings Limited 2101 Beneficial owner
Lin Jinfeng 2201 Interest of corporation controlled by you

Sunkwan Properties Group (HKSE:06900) Headlines

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