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Joy Spreader Group (HKSE:06988) Days Sales Outstanding : 21,995.97 (As of Dec. 2024)


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What is Joy Spreader Group Days Sales Outstanding?

Joy Spreader Group's average Accounts Receivable for the six months ended in Dec. 2024 was HK$251.5 Mil. Joy Spreader Group's Revenue for the six months ended in Dec. 2024 was HK$2.1 Mil. Hence, Joy Spreader Group's Days Sales Outstanding for the six months ended in Dec. 2024 was 21,995.97.

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

HKSE:06988' s Days Sales Outstanding Range Over the Past 10 Years
Min: 42.44   Med: 81.28   Max: 1724.11
Current: 1317.36

During the past 8 years, Joy Spreader Group's highest Days Sales Outstanding was 1724.11. The lowest was 42.44. And the median was 81.28.

HKSE:06988's Days Sales Outstanding is ranked worse than
98.83% of 1025 companies
in the Media - Diversified industry
Industry Median: 70.51 vs HKSE:06988: 1317.36

Joy Spreader Group's Days Sales Outstanding increased from Dec. 2023 (55.29) to Dec. 2024 (21,995.97).

Warning Sign:

If a company's sales outstanding increases, it means it has difficulty collecting payments from its customers.


Joy Spreader Group Days Sales Outstanding Historical Data

The historical data trend for Joy Spreader 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.

Joy Spreader Group Days Sales Outstanding Chart

Joy Spreader Group Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Days Sales Outstanding
Get a 7-Day Free Trial 78.66 100.67 83.89 71.32 1,724.11

Joy Spreader Group Semi-Annual Data
Dec17 Dec18 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24
Days Sales Outstanding Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 58.33 98.46 55.29 722.16 21,995.97

Competitive Comparison of Joy Spreader Group's Days Sales Outstanding

For the Advertising Agencies subindustry, Joy Spreader 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.


Joy Spreader Group's Days Sales Outstanding Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Joy Spreader Group's Days Sales Outstanding distribution charts can be found below:

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


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Joy Spreader 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.

Joy Spreader 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
=( (723.832 + 346.655) / 2 ) / 113.313*365
=535.2435 / 113.313*365
=1,724.11

Joy Spreader 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
=( (156.42 + 346.655) / 2 ) / 2.087*365 / 2
=251.5375 / 2.087*365 / 2
=21,995.97

* 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.


Joy Spreader Group  (HKSE:06988) Days Sales Outstanding Explanation

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


Joy Spreader Group Days Sales Outstanding Related Terms

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Joy Spreader Group Business Description

Traded in Other Exchanges
Address
Area A, Building T18, Jiuxianqiao Diantong Creative Park, Chaoyang District, Beijing, CHN
Joy Spreader Group Inc is a mobile new media performance-based marketing technology company in China. The company's segments include the Provision of performance-based we-media marketing services segment, which mainly comprises the provision of these marketing services to help its marketing customers direct to consumer, acquire new users and sales orders; and the Sales of E-commerce goods segment, which comprises the sales of E-commerce goods on an online basis. The Others segment comprises the provision of culture-related services. It derives maximum revenue from the Provision of performance-based we-media marketing services.
Executives
Zhu Zinan 2201 Interest of corporation controlled by you
Lv Xueqiang 2201 Interest of corporation controlled by you
Nan Jing Ping Heng Zi Ben Guan Li Zhong Xin Pu Tong He Huo 2201 Interest of corporation controlled by you
Zzn. Ltd. 2101 Beneficial owner
Zheng Weihe 2201 Interest of corporation controlled by you
Nt Balance Capital Ltd. 2101 Beneficial owner
Huang Li 2201 Interest of corporation controlled by you
Shen Zhen Tong Chuang Wei Ye Zi Chan Guan Li Gu Fen You Xian Gong Si 2201 Interest of corporation controlled by you
Shen Zhen Shi Tong Chuang Wei Ye Chuang Ye Tou Zi You Xian Gong Si 2201 Interest of corporation controlled by you
Nan Jing Ping Heng Zi Ben Guan Li Zhong Xin You Xian He Huo 2201 Interest of corporation controlled by you
Shen Zhen Nan Hai Cheng Zhang Tong Ying Gu Quan Tou Zi Ji Jin You Xian He Huo 2201 Interest of corporation controlled by you
Shen Zhen Tong Chuang Jin Xiu Zi Chan Guan Li You Xian Gong Si 2201 Interest of corporation controlled by you
Nan Tong Shi Ren Min Zheng Fu Guo You Zi Chan Jian Du Wei Yuan Hui 2201 Interest of corporation controlled by you
Nan Tong Shi Chan Ye Tou Zi Mu Ji Jin You Xian Gong Si 2201 Interest of corporation controlled by you
Nan Tong Shi Cai Zheng Ju 2201 Interest of corporation controlled by you

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