China New Consumption Group (HKSE:08275) Days Sales Outstanding : 54.83 (As of Sep. 2023)

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What is China New Consumption Group Days Sales Outstanding?

China New Consumption Group's average Accounts Receivable for the three months ended in Sep. 2023 was HK$18.8 Mil. China New Consumption Group's Revenue for the three months ended in Sep. 2023 was HK$31.3 Mil. Hence, China New Consumption Group's Days Sales Outstanding for the three months ended in Sep. 2023 was 54.83.

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

HKSE:08275' s Days Sales Outstanding Range Over the Past 10 Years
Min: 57.47 Med: 106.25 Max: 209.06
Current: 57.47

During the past 8 years, China New Consumption Group's highest Days Sales Outstanding was 209.06. The lowest was 57.47. And the median was 106.25.

HKSE:08275's Days Sales Outstanding is ranked better than
64.85% of 1647 companies
in the Construction industry
Industry Median: 72.65 vs HKSE:08275: 57.47

China New Consumption Group's Days Sales Outstanding increased from Sep. 2022 (54.09) to Sep. 2023 (54.83).

China New Consumption Group Days Sales Outstanding Historical Data

The historical data trend for China New Consumption 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.

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China New Consumption Group Days Sales Outstanding Chart

China New Consumption Group Annual Data

Trend

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Days Sales Outstanding

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100.67

209.06

109.36

77.62

70.80

China New Consumption Group Quarterly Data
	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23
Days Sales Outstanding	Get a 7-Day Free Trial															54.09	61.86	49.66	85.70	54.83

Competitive Comparison of China New Consumption Group's Days Sales Outstanding

For the Engineering & Construction subindustry, China New Consumption 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.

China New Consumption Group's Days Sales Outstanding Distribution in the Construction Industry

For the Construction industry and Industrials sector, China New Consumption Group's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where China New Consumption Group's Days Sales Outstanding falls into.

China New Consumption 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.

China New Consumption Group's Days Sales Outstanding for the fiscal year that ended in Mar. 2023 is calculated as

	Days Sales Outstanding (A: Mar. 2023 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Mar. 2022 )	+	Accounts Receivable (A: Mar. 2023 ))	/	count )	/	Revenue (A: Mar. 2023 )	*	Days in Period
=	( (25.878	+	26.534)	/	2 )	/	135.099	*	365
=	26.206					/	135.099	*	365
=	70.80

China New Consumption Group's Days Sales Outstanding for the quarter that ended in Sep. 2023 is calculated as:

	Days Sales Outstanding (Q: Sep. 2023 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Jun. 2023 )	+	Accounts Receivable (A: Sep. 2023 ))	/	count )	/	Revenue (A: Sep. 2023 )	*	Days in Period
=	( (0	+	18.811)	/	1 )	/	31.306	*	365 / 4
=	18.811					/	31.306	*	365 / 4
=	54.83

China New Consumption Group (HKSE:08275) Days Sales Outstanding Explanation

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

China New Consumption Group Days Sales Outstanding Related Terms

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China New Consumption Group (HKSE:08275) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » China New Consumption Group Ltd (HKSE:08275) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

N/A

Address

16-26 Kwai Tak Street, Room 1204, 12th Floor, Block 2, Golden Industrial Building, Kwai Chung, New Territories, Hong Kong, HKG

Website

http://www.tfcel.com.hk

China New Consumption Group Ltd is a subcontractor primarily engaged in the foundation business in Hong Kong. It offers specialized foundation works, mainly the removal of pre-existing foundations or obstructing piles for urban renewal or railway projects. Geographically, it has a business presence in Hong Kong and Macau, of which key revenue is generated in Hong Kong. The group derives revenue from the construction contract, ancillary services, and machinery rental income.

Executives

Wong Fei Heung Terbe	2201 Interest of corporation controlled by you
Goldstone Wealth Management Limited	2101 Beneficial owner
Goldstone 1 Lpf	2101 Beneficial owner
Lam Yu Chor Paul	2201 Interest of corporation controlled by you
Success Run International Limited	2101 Beneficial owner
Tai Pik Yeung Tyler	2101 Beneficial owner
China New Economy Fund Limited	2101 Beneficial owner

China New Consumption Group (HKSE:08275) Headlines

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