JF Wealth Holdings (HKSE:09636) Days Sales Outstanding : 6.10 (As of Dec. 2023)

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What is JF Wealth Holdings Days Sales Outstanding?

JF Wealth Holdings's average Accounts Receivable for the six months ended in Dec. 2023 was HK$40 Mil. JF Wealth Holdings's Revenue for the six months ended in Dec. 2023 was HK$1,208 Mil. Hence, JF Wealth Holdings's Days Sales Outstanding for the six months ended in Dec. 2023 was 6.10.

The historical rank and industry rank for JF Wealth Holdings's Days Sales Outstanding or its related term are showing as below:

HKSE:09636' s Days Sales Outstanding Range Over the Past 10 Years
Min: 1.82 Med: 6.82 Max: 9.87
Current: 6.91

During the past 5 years, JF Wealth Holdings's highest Days Sales Outstanding was 9.87. The lowest was 1.82. And the median was 6.82.

HKSE:09636's Days Sales Outstanding is ranked better than
78% of 250 companies
in the Education industry
Industry Median: 27.545 vs HKSE:09636: 6.91

JF Wealth Holdings's Days Sales Outstanding declined from Dec. 2022 (7.17) to Dec. 2023 (6.10).

JF Wealth Holdings Days Sales Outstanding Historical Data

The historical data trend for JF Wealth 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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JF Wealth Holdings Days Sales Outstanding Chart

JF Wealth Holdings Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

1.82

6.10

9.87

9.79

6.82

JF Wealth Holdings Semi-Annual Data
	Dec19	Dec20	Dec21	Jun22	Dec22	Jun23	Dec23
Days Sales Outstanding	Get a 7-Day Free Trial			-	11.91	7.17	8.05	6.10

Competitive Comparison of JF Wealth Holdings's Days Sales Outstanding

For the Education & Training Services subindustry, JF Wealth 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.

JF Wealth Holdings's Days Sales Outstanding Distribution in the Education Industry

For the Education industry and Consumer Defensive sector, JF Wealth Holdings's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where JF Wealth Holdings's Days Sales Outstanding falls into.

JF Wealth 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.

JF Wealth Holdings'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
=	( (41.297	+	39.021)	/	2 )	/	2149.699	*	365
=	40.159					/	2149.699	*	365
=	6.82

JF Wealth Holdings'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: Jun. 2023 )	+	Accounts Receivable (A: Dec. 2023 ))	/	count )	/	Revenue (A: Dec. 2023 )	*	Days in Period
=	( (41.766	+	39.021)	/	2 )	/	1208.328	*	365 / 2
=	40.3935					/	1208.328	*	365 / 2
=	6.10

JF Wealth Holdings (HKSE:09636) Days Sales Outstanding Explanation

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

JF Wealth Holdings Days Sales Outstanding Related Terms

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JF Wealth Holdings (HKSE:09636) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Education » JF Wealth Holdings Ltd (HKSE:09636) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

N/A

Address

88 Xumin East Road, 3rd-5th Floor, Yintech Finance Center, Qingpu District, Shanghai, CHN

Website

https://jfwealth.investorroom.com

JF Wealth Holdings Ltd is an online investment decision-making solution provider in China with a focus on the online investor content service market. The company offers online investor content services, including online high-end investor education services and online financial literacy education services, and financial information software services to help individual investors to understand the financial market and make investment plans or decisions.

Executives

Lee Cheuk Ho	2201 Interest of corporation controlled by you
Chang Qing Investment Management Company Limited	2101 Beneficial owner
Silver Runner Limited
Tct (bvi) Limited
The Core Trust Company Limited
Coreworth Investments Limited	2101 Beneficial owner
Harmony Creek Investments Limited	2101 Beneficial owner
Chen Ningfeng	2201 Interest of corporation controlled by you
Rich Horizon Investments Limited	2101 Beneficial owner
Embrace Investments Limited	2101 Beneficial owner
Lee Cheuk Ho	2101 Beneficial owner
Chen Wenbin	2201 Interest of corporation controlled by you
Yan Ming	2201 Interest of corporation controlled by you

JF Wealth Holdings (HKSE:09636) Headlines

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