Ocean Line Port Development (HKSE:08502) Days Sales Outstanding : 11.81 (As of Dec. 2023)

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What is Ocean Line Port Development Days Sales Outstanding?

Ocean Line Port Development's average Accounts Receivable for the three months ended in Dec. 2023 was HK$5.0 Mil. Ocean Line Port Development's Revenue for the three months ended in Dec. 2023 was HK$38.6 Mil. Hence, Ocean Line Port Development's Days Sales Outstanding for the three months ended in Dec. 2023 was 11.81.

The historical rank and industry rank for Ocean Line Port Development's Days Sales Outstanding or its related term are showing as below:

HKSE:08502' s Days Sales Outstanding Range Over the Past 10 Years
Min: 3.98 Med: 10.33 Max: 92.27
Current: 13.37

During the past 9 years, Ocean Line Port Development's highest Days Sales Outstanding was 92.27. The lowest was 3.98. And the median was 10.33.

HKSE:08502's Days Sales Outstanding is ranked better than
96.9% of 1645 companies
in the Construction industry
Industry Median: 73.18 vs HKSE:08502: 13.37

Ocean Line Port Development's Days Sales Outstanding increased from Dec. 2022 (9.51) to Dec. 2023 (11.81).

Ocean Line Port Development Days Sales Outstanding Historical Data

The historical data trend for Ocean Line Port Development'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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Ocean Line Port Development Days Sales Outstanding Chart

Ocean Line Port Development Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

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5.91

3.98

6.04

9.75

10.33

Ocean Line Port Development Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Days Sales Outstanding	Get a 7-Day Free Trial															9.51	9.95	18.27	19.28	11.81

Competitive Comparison of Ocean Line Port Development's Days Sales Outstanding

For the Infrastructure Operations subindustry, Ocean Line Port Development'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.

Ocean Line Port Development's Days Sales Outstanding Distribution in the Construction Industry

For the Construction industry and Industrials sector, Ocean Line Port Development's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where Ocean Line Port Development's Days Sales Outstanding falls into.

Ocean Line Port Development 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.

Ocean Line Port Development'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
=	( (5.759	+	4.992)	/	2 )	/	189.861	*	365
=	5.3755					/	189.861	*	365
=	10.33

Ocean Line Port Development's Days Sales Outstanding for the quarter that ended in Dec. 2023 is calculated as:

	Days Sales Outstanding (Q: Dec. 2023 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Sep. 2023 )	+	Accounts Receivable (A: Dec. 2023 ))	/	count )	/	Revenue (A: Dec. 2023 )	*	Days in Period
=	( (0	+	4.992)	/	1 )	/	38.555	*	365 / 4
=	4.992					/	38.555	*	365 / 4
=	11.81

Ocean Line Port Development (HKSE:08502) Days Sales Outstanding Explanation

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

Ocean Line Port Development Days Sales Outstanding Related Terms

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Ocean Line Port Development (HKSE:08502) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Ocean Line Port Development Ltd (HKSE:08502) » Definitions » Days Sales Outstanding

Traded in Other Exchanges

N/A

Address

No.8 Yanjiang Avenue, Chizhou Economic Development Zone, Chizhou, Anhui, CHN

Website

http://www.oceanlineport.com

Ocean Line Port Development Ltd is engaged in the provision of port logistic services. Its business includes cargo handling and related supporting port services, including warehousing, short-haul land transportation, and other miscellaneous services. The company provides loading and unloading services for domestic and foreign trade, covering a wide range of cargo types, including bulk cargoes. Geographically, the group provides port services in China, and all its revenues are generated in China.

Executives

Vital Force Developments Limited	2101 Beneficial owner
Cheung Wai Fung	2101 Beneficial owner
Kwai Sze Hoi	2101 Beneficial owner

Ocean Line Port Development (HKSE:08502) Headlines

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