Hong Lai Huat Group (SGX:CTO) Days Sales Outstanding : 965.87 (As of Dec. 2023)

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What is Hong Lai Huat Group Days Sales Outstanding?

Hong Lai Huat Group's average Accounts Receivable for the six months ended in Dec. 2023 was S$0.28 Mil. Hong Lai Huat Group's Revenue for the six months ended in Dec. 2023 was S$0.05 Mil. Hence, Hong Lai Huat Group's Days Sales Outstanding for the six months ended in Dec. 2023 was 965.87.

The historical rank and industry rank for Hong Lai Huat Group's Days Sales Outstanding or its related term are showing as below:

SGX:CTO' s Days Sales Outstanding Range Over the Past 10 Years
Min: 0.11 Med: 242.92 Max: 853.43
Current: 455.22

During the past 13 years, Hong Lai Huat Group's highest Days Sales Outstanding was 853.43. The lowest was 0.11. And the median was 242.92.

SGX:CTO's Days Sales Outstanding is ranked worse than
95.97% of 1663 companies
in the Real Estate industry
Industry Median: 36.42 vs SGX:CTO: 455.22

Hong Lai Huat Group's Days Sales Outstanding increased from Dec. 2022 (76.94) to Dec. 2023 (965.87).

Hong Lai Huat Group Days Sales Outstanding Historical Data

The historical data trend for Hong Lai Huat 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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Hong Lai Huat Group Days Sales Outstanding Chart

Hong Lai Huat Group Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

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0.55

853.43

432.84

723.10

408.75

Hong Lai Huat Group Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Days Sales Outstanding	Get a 7-Day Free Trial															418.05	922.48	76.94	357.75	965.87

Competitive Comparison of Hong Lai Huat Group's Days Sales Outstanding

For the Real Estate - Development subindustry, Hong Lai Huat 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.

Hong Lai Huat Group's Days Sales Outstanding Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Hong Lai Huat Group's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where Hong Lai Huat Group's Days Sales Outstanding falls into.

Hong Lai Huat 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.

Hong Lai Huat Group'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
=	( (0.438	+	0.16)	/	2 )	/	0.267	*	365
=	0.299					/	0.267	*	365
=	408.75

Hong Lai Huat Group'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
=	( (0.401	+	0.16)	/	2 )	/	0.053	*	365 / 2
=	0.2805					/	0.053	*	365 / 2
=	965.87

Hong Lai Huat Group (SGX:CTO) Days Sales Outstanding Explanation

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

Hong Lai Huat Group Days Sales Outstanding Related Terms

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Hong Lai Huat Group (SGX:CTO) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Hong Lai Huat Group Ltd (SGX:CTO) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

N/A

Address

10 Bukit Batok Crescent, No 13-05, The Spire Building, Singapore, SGP, 658079

Website

https://www.honglaihuatgroup.com

Hong Lai Huat Group Ltd is engaged in the agricultural development, cultivation, branding, and merchandising, distribution of cassava. It is also engaged in the development of commercial and residential properties. The company has three reportable segments: Agriculture division; Property development and Real estate division; and Others. The agriculture division carries on the business of agricultural development, cultivation, branding, merchandising, and distribution of cassava. The property development and real estate division, are carrying on the business of investment and prime development of commercial and residential properties. The company earns the majority of its revenue from the agriculture division.