Jin Mi Fang Group Holdings (HKSE:08300) Days Sales Outstanding : 2.39 (As of Sep. 2023)

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What is Jin Mi Fang Group Holdings Days Sales Outstanding?

Jin Mi Fang Group Holdings's average Accounts Receivable for the three months ended in Sep. 2023 was HK$0.28 Mil. Jin Mi Fang Group Holdings's Revenue for the three months ended in Sep. 2023 was HK$10.63 Mil. Hence, Jin Mi Fang Group Holdings's Days Sales Outstanding for the three months ended in Sep. 2023 was 2.39.

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

HKSE:08300' s Days Sales Outstanding Range Over the Past 10 Years
Min: 1.86 Med: 3.38 Max: 8.56
Current: 2.92

During the past 10 years, Jin Mi Fang Group Holdings's highest Days Sales Outstanding was 8.56. The lowest was 1.86. And the median was 3.38.

HKSE:08300's Days Sales Outstanding is ranked better than
86.76% of 340 companies
in the Restaurants industry
Industry Median: 11.67 vs HKSE:08300: 2.92

Jin Mi Fang Group Holdings's Days Sales Outstanding declined from Sep. 2022 (4.52) to Sep. 2023 (2.39).

Jin Mi Fang Group Holdings Days Sales Outstanding Historical Data

The historical data trend for Jin Mi Fang Group 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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Jin Mi Fang Group Holdings Days Sales Outstanding Chart

Jin Mi Fang Group Holdings Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Days Sales Outstanding

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4.67

3.53

7.38

8.56

1.95

Jin Mi Fang Group Holdings 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															4.52	4.54	1.85	2.38	2.39

Competitive Comparison of Jin Mi Fang Group Holdings's Days Sales Outstanding

For the Restaurants subindustry, Jin Mi Fang Group 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.

Jin Mi Fang Group Holdings's Days Sales Outstanding Distribution in the Restaurants Industry

For the Restaurants industry and Consumer Cyclical sector, Jin Mi Fang Group Holdings's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where Jin Mi Fang Group Holdings's Days Sales Outstanding falls into.

Jin Mi Fang Group 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.

Jin Mi Fang Group Holdings'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
=	( (0.139	+	0.178)	/	2 )	/	29.744	*	365
=	0.1585					/	29.744	*	365
=	1.95

Jin Mi Fang Group Holdings'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	+	0.278)	/	1 )	/	10.634	*	365 / 4
=	0.278					/	10.634	*	365 / 4
=	2.39

Jin Mi Fang Group Holdings (HKSE:08300) Days Sales Outstanding Explanation

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

Jin Mi Fang Group Holdings Days Sales Outstanding Related Terms

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Jin Mi Fang Group Holdings (HKSE:08300) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Restaurants » Jin Mi Fang Group Holdings Ltd (HKSE:08300) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

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Address

489-491 Castle Peak Road, Unit 603, 6th Floor, Block A, Hong Kong Industrial Centre, Kowloon, Hong Kong, HKG

Website

http://www.hkrcg.com

Royal Group Holdings International Co Ltd is an investment holding company. The company provides food catering services through a chain of casual dining food catering services restaurants. The company also trades in luxury watches and earns maximum revenue from the Restaurant segment. All of the group's revenue is derived from Hong Kong.

Jin Mi Fang Group Holdings (HKSE:08300) Headlines

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