GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Huijing Holdings Co Ltd (HKSE:09968) » Definitions » Days Sales Outstanding

Huijing Holdings Co (HKSE:09968) Days Sales Outstanding : 2.95 (As of Dec. 2023)


View and export this data going back to 2020. Start your Free Trial

What is Huijing Holdings Co Days Sales Outstanding?

Huijing Holdings Co's average Accounts Receivable for the six months ended in Dec. 2023 was HK$16 Mil. Huijing Holdings Co's Revenue for the six months ended in Dec. 2023 was HK$1,004 Mil. Hence, Huijing Holdings Co's Days Sales Outstanding for the six months ended in Dec. 2023 was 2.95.

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

HKSE:09968' s Days Sales Outstanding Range Over the Past 10 Years
Min: 0.17   Med: 4.47   Max: 131.83
Current: 6.6

During the past 8 years, Huijing Holdings Co's highest Days Sales Outstanding was 131.83. The lowest was 0.17. And the median was 4.47.

HKSE:09968's Days Sales Outstanding is ranked better than
82.16% of 1665 companies
in the Real Estate industry
Industry Median: 36.86 vs HKSE:09968: 6.60

Huijing Holdings Co's Days Sales Outstanding declined from Dec. 2022 (154.13) to Dec. 2023 (2.95).


Huijing Holdings Co Days Sales Outstanding Historical Data

The historical data trend for Huijing Holdings Co'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.

Huijing Holdings Co Days Sales Outstanding Chart

Huijing Holdings Co Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Sales Outstanding
Get a 7-Day Free Trial 5.88 5.76 3.18 131.83 6.02

Huijing Holdings Co Semi-Annual Data
Dec16 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Days Sales Outstanding Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 9.23 124.75 154.13 160.94 2.95

Competitive Comparison of Huijing Holdings Co's Days Sales Outstanding

For the Real Estate - Development subindustry, Huijing Holdings Co'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.


Huijing Holdings Co's Days Sales Outstanding Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Huijing Holdings Co's Days Sales Outstanding distribution charts can be found below:

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



Huijing Holdings Co 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.

Huijing Holdings Co'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
=( (23.373 + 10.576) / 2 ) / 1029.485*365
=16.9745 / 1029.485*365
=6.02

Huijing Holdings Co'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
=( (21.878 + 10.576) / 2 ) / 1003.829*365 / 2
=16.227 / 1003.829*365 / 2
=2.95

* 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.


Huijing Holdings Co  (HKSE:09968) Days Sales Outstanding Explanation

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


Huijing Holdings Co Days Sales Outstanding Related Terms

Thank you for viewing the detailed overview of Huijing Holdings Co's Days Sales Outstanding provided by GuruFocus.com. Please click on the following links to see related term pages.


Huijing Holdings Co (HKSE:09968) Business Description

Traded in Other Exchanges
N/A
Address
1, Beihuan Lu, Houjiezhen, Guangdong, Dongguan, CHN
Huijing Holdings Co Ltd is an integrated residential and commercial property developer in China. The company's property projects comprise residential property projects, integrated property projects and property projects promoting specific industry. Its residential properties include apartments, townhouses, mansions, and villas. Its commercial properties include retail outlets, shopping malls, offices, grant land contracts, and hotels. The Group is principally engaged in one single operating segment: Property development and investment business.

Huijing Holdings Co (HKSE:09968) Headlines

No Headlines