Lvgem (China) Real Estate Investment Co (HKSE:00095) Days Sales Outstanding : 1.24 (As of Dec. 2023)

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What is Lvgem (China) Real Estate Investment Co Days Sales Outstanding?

Lvgem (China) Real Estate Investment Co's average Accounts Receivable for the six months ended in Dec. 2023 was HK$36 Mil. Lvgem (China) Real Estate Investment Co's Revenue for the six months ended in Dec. 2023 was HK$5,220 Mil. Hence, Lvgem (China) Real Estate Investment Co's Days Sales Outstanding for the six months ended in Dec. 2023 was 1.24.

The historical rank and industry rank for Lvgem (China) Real Estate Investment Co's Days Sales Outstanding or its related term are showing as below:

HKSE:00095' s Days Sales Outstanding Range Over the Past 10 Years
Min: 0.54 Med: 3.94 Max: 24.25
Current: 2.13

During the past 13 years, Lvgem (China) Real Estate Investment Co's highest Days Sales Outstanding was 24.25. The lowest was 0.54. And the median was 3.94.

HKSE:00095's Days Sales Outstanding is ranked better than
92.81% of 1668 companies
in the Real Estate industry
Industry Median: 36.87 vs HKSE:00095: 2.13

Lvgem (China) Real Estate Investment Co's Days Sales Outstanding declined from Dec. 2022 (7.31) to Dec. 2023 (1.24).

Lvgem (China) Real Estate Investment Co Days Sales Outstanding Historical Data

The historical data trend for Lvgem (China) Real Estate Investment 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.

Lvgem (China) Real Estate Investment Co Days Sales Outstanding Chart

Lvgem (China) Real Estate Investment Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

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0.54

0.82

1.72

5.37

2.34

Lvgem (China) Real Estate Investment Co 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															4.33	7.49	7.31	4.81	1.24

Competitive Comparison of Lvgem (China) Real Estate Investment Co's Days Sales Outstanding

For the Real Estate - Development subindustry, Lvgem (China) Real Estate Investment 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.

Lvgem (China) Real Estate Investment Co's Days Sales Outstanding Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Lvgem (China) Real Estate Investment Co's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where Lvgem (China) Real Estate Investment Co's Days Sales Outstanding falls into.

Lvgem (China) Real Estate Investment 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.

Lvgem (China) Real Estate Investment 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
=	( (46.187	+	39.723)	/	2 )	/	6691.332	*	365
=	42.955					/	6691.332	*	365
=	2.34

Lvgem (China) Real Estate Investment 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
=	( (31.369	+	39.723)	/	2 )	/	5220.299	*	365 / 2
=	35.546					/	5220.299	*	365 / 2
=	1.24

Lvgem (China) Real Estate Investment Co (HKSE:00095) Days Sales Outstanding Explanation

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

Lvgem (China) Real Estate Investment Co Days Sales Outstanding Related Terms

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Lvgem (China) Real Estate Investment Co (HKSE:00095) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Lvgem (China) Real Estate Investment Co Ltd (HKSE:00095) » Definitions » Days Sales Outstanding

Traded in Other Exchanges

N/A

Address

123 Hoi Bun Road, Unit 2501, NEO, Kwun Tong, Kowloon, Hong Kong, HKG

Website

http://www.lvgem-china.com

Lvgem (China) Real Estate Investment Co Ltd is a real estate developer and a commercial property operator. The company's reportable segments are 1) Real estate development and sales segment include sales of properties, 2) Commercial property investment and operations segment include lease of commercial properties, office premises, apartments and car parks, 3) Comprehensive services segment includes hotel operation, property management service and other service income. The majority of its revenue is earned through Real estate development and sales segment. The Company's operations are located in the Mainland China, Hong Kong, the United States of America and Cambodia.

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